Board, again, trying to challenge the tesla hold on the market. Wm has a factory in shanghai. Lets check the markets. Risk off on the u. S. , falling 2 on wall street on the back of concerns about u. S. Jobless claims. The virus, above 4 million cases now in the United States. And as we said, concern that the economy in the u. S. Is in trouble. Screen, read on the broadly across the msci asiapacific, down. 6 . On the mainland would just talked about the proposed ipo by wm motors, small caps setting off more than 2 as we get for the end of the week. Ong kong looking attractive to investors, it seems, down. 2 percent, up despite concerns highlighted earlier. Weakened byyuan. 1 , currently around seven in terms of the offshore yuan. The aussie dollar and the japanese yen, looking at that as well, the 10year basis point, 58 for the 10 year as a result of the risk off we had at the end of the day on wall street. Chinese, 2. 91. Gold at 1. 46 in terms of the goldsilver index, and philadelphi
India may miss growth targets as the virus cripples the outlook. Intel plunged after its new chip reduction process was delayed again. The company is under pressure as customers increasingly turn to rivals for chips. We are just getting pmi data out of australia crossing the bloomberg. The pmi actually rising to a record high in july. This is a preliminary number for services coming in at 58. 5. Manufacturing pmi also higher, 53. 4 from 51. 2. Composite at 57. 9. A big jump from the 52. 7 in the previous reading. That returnecting to some semblance of normality as part of australia exit the stricter lockdown. Going forward will be key given we are seeing a fresh sixweek lockdown from victoria. Lets take a look at how we are setting up this friday session. U. S. Stocks falling to the lowest in about a week after unexpectedly high jobless claims rekindling worries of the economic recovery stalling. We are seeing more recovery when it comes to trading in futures contracts come up about. 2
So rather than the formal academic papers that were having on most of the other panels, this one will be more informal recollections and reminiscence of what it was like working in the administration for the president himself, the atmosphere at the time. And each of our panelists will offer ten to 15 minutes of prefatory comments and then well turn it over to q a. For my fellow mishistorians in the room, this is the time to do the Expert Interview youve been wanting do. Introducing our three panelists first over on this end the man who needs no introduction i mean it lirt rally because i introduced him three hours ago, again ambassador kenned a he willman. I dont mind, go on. All right. For our purposes here, though, was served as one of president reagans ambassadors to the sun u. N. And then head of the Arms Control Disarmament Agency and also a troubleshooter in a number of other ways. I want to talk to but your role in putting some of the pieces together after irancontra. Then in th
So rather than the formal academic papers that were having on most of the other panels, this one will be more informal recollections and reminiscence of what it was like working in the administration for the president himself, the atmosphere at the time. And each of our panelists will offer ten to 15 minutes of prefatory comments and then well turn it over to q a. For my fellow mishistorians in the room, this is the time to do the Expert Interview youve been wanting do. Introducing our three panelists first over on this end the man who needs no introduction i mean it lirt rally because i introduced him three hours ago, again ambassador kenned a he willman. I dont mind, go on. All right. For our purposes here, though, was served as one of president reagans ambassadors to the sun u. N. And then head of the Arms Control Disarmament Agency and also a troubleshooter in a number of other ways. I want to talk to but your role in putting some of the pieces together after irancontra. Then in th
Staples doing not as well. Industrials and energy are leading the advance. W. T. I. Gained more than 2 on the day. Weve definitely come off the highs of the day. At one point the s p over 2100. Still up on the day but not quite where we were earlier on. We definitely saw the yen start to rally at the end of the day, too. Overall the rally did wind up starting in asia, the nikkei, hang seng were up. It spread over to europe. The ftse actually had its biggest rally since february. It did spread here to the u. S. Check out the vix. It measures fear in the market. This is a fiveday chart. Look what happened there. One point near 23 last wednesday and then now back down to 17. To show the wild ride were seeing in the market. One thing i wanted to point out, marathon oil was up by over 10 . It is buying pay Rock Energy Holdings for 888 million. It gives them exposure to oklahoma where the shale now lives but also speaks that m. A is starting to happen but on a smaller scale. Of course the oi