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In asia, the nikkei closed up by 1 . Shanghai was down about 0. 4 . Hang seng was up by 0. 6 . In europe, some of the early trading right now, it looks like the dax is up by 0. 6 . The cac and the ftse are flat. If youve been watching the tenyear note. We fell below 2. 4 on the tenyear yield. This morning that yield is at 2. 38 4 off the lows of yesterday. If you look at crude oil prices, crude down 11 for the month. Its up 42 cents today, sitting just above 48 at 48. 16. President trump will be taking aim at former president Barack ObamasClimate Change policy by signing an executive order on Energy Independence today. The order will seek to curb the federal governments enforcement of climate regulations and focus on protecting american drives. The move expected to get legal and political pushback. The monthly s p 5 ....
Lets head straight to the markets. On a hyman has the latest pretty sharp decline in the markets. Julie im just seeing a headline. The u. S. 30 year mortgages knowing 3. 59 according to freddie mac. Lower. Arching ever fascinating. We are seeing stocks fall back after the advance we saw yesterday. That basically reversed the declines from the day before. On the back of the fed minutes, the reader is relatively dovish and we are seeing those gains reversed once again. In terms of what is moving us we haveelecom stocks rates we are seeing the financials get hit again. In terms of the individual movers, we have a couple of downgrades. Estimates and price cuts on apple have been cut. People are holding on to their iphones longer. They are not replacing them, which is negative for apple. Verizon has been downgraded over jeffries. The margin is going to be os video by the fi platform. Betty the japanese yen is the other big story. Julie for sure. A remarkable level in the japanese yen. The d ....
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