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The dollar gaining some ground after paring losses after that meeting. Fx sellinging asia off, especially the renminbi after reaching may 2019 highs. There are signs perhaps the currency is being overbought. Expecting boj, boe, and Bank Indonesia today. Those currencies and focus. Watching the bond market as well put it did not get adjustments on qe from the fed. We saw the 10 and 30 yield spike coming off a little now but that did lead to earlier the yield curve steepening and coming off a little. We are watching brent crude as well as wti. Also saw off some of the highs we saw overnight. There is optimism for demand but that is also losing some of those gains right now. Tom lets get you up to speed with some of the first word News Headlines and other stories. President trump says a Coronavirus Vaccine could be jus ....
The teams of doctors who came from the city brought this virus with them to our community. And this weeks Deadly Border clash between india and china sets off a chain of anti beijing protests now with infuriated communities burning effigies of the chinese president. Good afternoon weekend live from our world news studio here in moscow its kevin owen here for the next half hour to take you through the stories you heard in some more detail 1st fridays Public Holiday in the u. S. Took on an extra layer for motion this year known as juneteenth it marks the date of emancipation back in 1965 and freedom for the enslaved tens of thousands turned out in nationwide commemoration in scenes similar to the weeks of rallies in the wake of the George Floyd Killing there were mixed emotions with most marches passing without incide ....
Dollar is mostly higher against some of these currencies. The kiwi and the aussie which were the early outperformers seem to be also moving some ground. The aussie certainly has had a relentless rally. Take a look at what has been driving the sentiment here today. The likes of oil. After six straight weeks of gains, this rally seems to be taking a bit of a pause. You take a look at brent, still hovering around 42, 41. New york crude around 39. 52. We are watching the likes of the u. S. Tenyear. We have surged to a high on the jobs report for friday. We are backing off from the fed when they take the stage later this week. The yield curve is one of the steepest in three years. Expect it to steepen further from here. Chinas trade surplus surged to a record in may as exports fell left and inspected. Helped by an increase in medical related sales per lets get more on this story from selina wang in beijing. What is the context between the trade surplus . The numbers were much better than th ....