Handle all of the different relationships. When you have money, that weak dollar, has fueled stocks going higher and old going higher out of the march highs for the dollar. Investors turn to the Precious Metals and gains for stocks cool off, it creates an interesting relationship. David exactly. It is hard to imagine the fed is going to say remarks that is going to strengthen the dollar. Maybe there is no alternative to stocks. Abigail in terms of the meeting this week, it is unlikely there going to say much. They may set the ground for what could happen this fall, but in terms of dollars going into gold, if you think about it from an allocation perspective, all of the fresh dollars investors have or as they take chips off the table from the big tech names, into gold, it could create the headline where you have gold searches again but tech stocks down. Not great optics. Hopefully it doesnt happen, but it is an interesting relationship with this week we have some of the big tech executi
Tech help to drive some of the , a lot of investors will be watching inflation. It is a chart that were quite there with. The pce which is the most some of piece of data the fed watchers out there say the jay powell might indicate what the fed can tolerate inflation above 2 . And it is a position also held by the minneapolis fed president s neel kashkari. There is a collision course between what was he on the fiscal side of things as well. Address the Spending Plans from the white house. And it is increasingly likely that we will speak about it. What would that overshooting inflation. Queen of the Market Reaction was pretty positive to all the headlines today. The s p up over 1 , the dow adding on another. Nasdaq also higher by over 1 . Volume a little bit lower than what was expected. Stockith some of the big stories today. We had some big stories. Ge was one of them in at the ceo came out and said that there might be liabilities for some of the subprime that the company used to be in
Lets get you up to speed. Heres caroline hyde. Caroline good morning. Stocks have soared in tokyo, with the topix posting its biggest gain in six years as Investors Show that japans economy trying less than expected last year. Chinas trade numbers for january underline challenges facing the economy. Exports fell and imports declined after a trade surplus of more than 63 million, the biggest on record. The figures suggest that the currencys depreciation has yet to boost competitiveness of chinese industry. It is president s day in the u. S. Stocks and bonds markets are closed. President obama will be at work, greeting leaders from Southeast Asian nations for their first u. S. Summit in california. Hsbc has decided to keep its Global Headquarters in london, claiming u. K. Is an important and globally connected economy. Hsbc has been based in the u. K. For 23 years and said remaining there is the best option for both customers and shareholders. Get world news 24 hours a day. Guy thank you
Present time it was seen of july. But says the vote on bolton it officials said at least nine people were killed in clashes between supporters of mostly Muslim Brotherhood and the pending the sum of the motifs that was when the evidence of a maxim that culling robot for people to stay two nights. Elsewhere two bombs went off one in cairo one of the nile delta t t if not come as no casualties were reported to the Muslim Brotherhood two staged a boycott of the referendum. French president francois long time said the way any questions about an alleged affair with an actress on tuesday press conference may have been filled with expected yet in this but he doggedly stuck to his mission to honor though policies to help france is struggling economy. He did however admit to having some difficulties with the fit you this if that was private and private mass issue be dealt with privately be out of respect for this info. This is not the place knowles amendment to talk about such things. New mall.