The devilish from the fed has dissipated. Futures in the u. S. Negative, dow futures off 75 points. That flat. Dead flast. T. Dollar yen bright red. Down 1. 3 1 , the japanese yen is stronger. Every single major currency. A weaker euro. Yields lower. That is her market wrap. Lets get first word news. Vonnie in syria, fighters backed by the u. S. And russia have been on Opposing Side and are zeroing in on islamic state, the russian supported syrian army is trying to cut off their main supply route between iraq and syria. Kurdish forces supported by the u. S. Are moving closer to the militant groups capital. In icelandic, a third day of antigovernment demonstrations. After leaked documents reveal the prime ministers the trimester had rhetoric heating up between Bernie Sanders and Hillary Clinton, Bernie Sanders said the front runner is not qualified to be president. His reason, sanders listed wall street donations to her super pac and support for the war in iraq. Clinton was asked if san
Billion euros. I do not know where the figure came from, but they will be readjusting. Do i understand that i cannot buy a diesel vw in america right now . They basically shut it down. Vonnie yes. They have recalled diesel cars. The funny thing is the north american head was speaking last night. Clarification, i learned to etle, my a vw be father had a vw rabbit. There is our clarification on vw. A busy morning. Here are top headlines. Here is vonnie quinn. Vonnie chinas president , jinping arrives in washington. He has defended the way he has handled the chinese economy. He said the Government Intervention was needed to deal with systemic risk. More problems for volkswagen. And face billions in fines repair costs for cheating on federal air pollution tests. The Justice Department is investigating vw for possible criminal violations. That could lead to charges against the company or its employees. The head of vws operations in the u. S. Admits the company screwed up. Ande must fix thos
Can we get a quick picture please . Sure. I enjoyed the speech. Hey, governor. What if you were to become elected . What is the answer . How long have you been mulling it over . This is going all of the way back. We would like to talk to the people. Thank you for coming. See you. I will have to be back. Thank you. Thank you. Unbelievable. How are you, sir . Which one of these characters . They follow me everywhere. Thanks for your hard work. Thank you, governor. You, too. Bob. Back again . Back again. The governor. How are you . Governor. Happy to be here. How are you . In the neighborhood. That is the way it works. Glad to be back. Governor. Good to be back. Pretty busy, pretty busy. Welcome to new hampshire. To say hello, by the way. Appreciate it. Governor. Thank you, sir. Good luck to you. Thank you. Appreciate it. Last weekend. Up here. I sure hope so. Governor. Watching you. I will. Somebody has to. I understand that. Governor. Thank you. What i said was right now what they can o
We will accomplish agricultural reform without fail and create new styles of agriculture, which young generations can open new horizons with their power and passion. Were aiming for global markets. There is also tremendous potential in the forestry and fishery industries. Last year total exports of agricultural forestry and fisheries products set a new record exceeding 600 billion yen. However, this figure is still very small. The global food market is values around 340 trillion yen, we will advance integrated reforms in japan and overseas, to bring safe and delicious japanese proceed deuce to the world. We will step forward into an open world guaranteeing Japans National interest. We will work to solidify economic growth. The negotiations on the Trans Pacific partnership are in their final phase with an outcome in sight. Taking the lead with the United States in these negotiations, the government will aim to bring them to an early conclusion. On the japan Eu Economic Partnership agree
Economic data. We have the Business Climate index falling to 108. 5 points in the month of may. That is versus a reuters consensus photograph for 108. 3. So slightly higher than expected. Its still a drop for the month of april. Thats when we saw 108. 6. A bit of a move in the euro hitting the days high. Lets look at the other data coming out, thats 103 in the month of may versus a consensus photograph of 103. 1. Thats shy of forecasts but the headline index is better than expected. We did have the index earlier this week some what disappointing. The pmi leveling off. Is this a sign of germany cooling off or seasonal factors in play . Overnight the German Finance Ministry came out and said were still expecting growth to pick up for the remainder of the year and they still have more than 1. 5 . Lets get to annetta who is live. Thank it away. Well thank you very much. Of course growth and unemployment and inflation are the big topics here and im joined by the chief economist at icd. Was