Live Breaking News & Updates on Currency Exposure|Page 1
Stay updated with breaking news from Currency exposure. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Years. And lots to come on the show. Two big ceo interviews on the back of earnings in a few minutes well speck to the owner of Outback Steakhouse blooking brands and later the ceo of boston beer will join us that stock surging after the truly hard seltzer brand helped boost sales. Looking forward to both of those interviews were down. 6 lets get to the big stories were watching meg tirell has more on the signing. And mike san totoli is joining s meg, let aers start with youen that executive order news. Hi. Drug pricing hasnt been in the conversation as much this year as the drug industry has been racing to develop vaccines and drugs for covid19 but the president reportedly planning to sign an executive order with a few different aspects on drug price this is afternoon. One could be allowing importation of drugs from canada where theyre price moored cheaply. Another could focus on tying prices to basket of prices from other we ....
Global recession since world war ii. Senate democrats with a Sweeping Police Reform bill. Manus 6 00 a. M. In london, 9 00 a. M. In dubai. I have two pieces of paper, one is the dollar destruction story, is the bondte one vigilante trade it was not really a bear market, but what i like is he says the market selloff was a panic attack. I want to tell you i have had more panic attacks since 2009. I think they are inextricably linked. Nejra it is always great to kick off the show with an update on how many panic attacks you have. I love the daily comments, he has coined another acronym, mother of all meltups. To classify what happened in the selloff is a bear market is if we are talking about a bear market, you might expect more losses to come. If you see this as a panic attack, you could have faith in further games. Erase see the s p 500 yearly losses. We are seeing green on the screen in asia for several days in a row, but ....
As well. Down 0. 9 . That was expected considering all the liquidity we have seen pumped into chinese mainland markets. The hong kong hang seng well off the lows, very modest losses. Roughly flat on the day. Up near 1 surging, at the moment. As you mentioned, this after losses of 3 in the u. S. Trading session, the worst day in two years. That completely detracted those gains for the index. Lets look at a couple of the risk metrics. Across the fx and commodity riskts, seeing a little, seeing a little bit of tension, a push toward risk. Put it all in perspective. Some major moves in these Asset Classes in the past couple days. The yen having its best day since august. The aussie dollar trading near the lows since 2009. Look at commodities, copper pushing for the upside, representative of Global Growth in the economy. The gains in gold over the past five days starting to temper. ....
Happy tuesday. These are your markets. A lot of the focus this week will be on earnings. We have a lot in the u. S. And europe. Of days awayle from the signing of that phase one trade deal between the u. S. And china. We are still trying to figure out what happens between the u. K. And the eu. There is a lot of speculation. While Bank Earnings c,itif with j. P. Morgan and wells fargo will follow after. We will focus on what blackrock Just Announced moments ago to focus on more sustainability. Lets get to the bloomberg first word news. The Worlds Largest asset manager is upping its push to a greener future. Blackrock will put Climate Change at the top of the investment strategy. Inwill avoid investing companies with sustainability risk. The u. K. Is likely to secure a ....
Qualcomm up 8. 5 on a better earning quarter. Down 26 . No improvements throughout the session. Whoalked to the ceo earlier seems to not be worried but analysts on the street are calling out the unit. Airbnb, google not placing it as high in the search results and saying there is a lot of uncertainty ahead for expedia. Year is up by30 nine basis points right now. Were seeing a similar move over in the United States as these are substantial moves in the back end of the bond market. We are also getting several moves of the 10 year. The 30 year, absolutely i watering. As you can see, a nine basis points selloff here in europe in germany. The pound has been under pressure as well, two members of the governing council in the United Kingdom voting for a rate cut. Trading higher. We await news from the white house, confirmation possibly that we do have the potential for a rollback of ....