Gains in the region today. The csi 300 has been up 6 in the past five days, the biggest months. N four margin traders have returned and the stock rally is kicking off. The hang seng up 133 points. We are seeing the dollar slightly weaker, but marginal. We are watching the aussie, in t he red here now. They are all over the place. Aussie, j. P. Morgan saying expect low 60s. It is difficult to model the recovery we are seeing. Number more positive. We are watching oil, coming off of a four month high and likely to end the month in the green. Gold with four weeks of gains. Tom the u. S. Senate has given final approval to legislation that would impose sanctions on chinese officials, cracking down on dissent in hong kong. Page in his warning a strong countermeasures if the u. K. Act in response to the National Security law. Warning a strong countermeasure if the u. K. , australia and the u. S. Active response to the National Security law. In the measures appropriate the senate at this point
Data and parts of beijing are locked down. They see red after impairment charges and write offs that could hit 17. 5 billion in the second kwarquarter. Easy jet launches its first flight since march. Wed like to see it get replaced by Something Else and thats what the purpose is but there is the case that this should be tried and tested by the court and the french president lifts almost all virus restrictions reopening restaurants and bars as he claims victory over the virus. Starting tomorrow we will be able to turn the page. Well, a very warm welcome to street signs, everybody. European markets have now been open for about an hour we saw the stoxx 600 gain a percentage point. We saw whether it has further to run given the fragility of the Health Situation and thats in beijing and several states in the United States causing a lot of concern so certainly seeking a more cautious trade on friday. Lets see what the break down looks like in terms of region. We have red across the board her
Thoughts on that well obviously this year is a year for enormous downs 1st that horrific loss of life that continues pace the slope but its ongoing and the future of that standpoint is uncertain but the future economically at the moment is one that we all are very concerned that over 30000000 new people out of floyd Small Businesses going under bankruptcy is going up but you know larry im an optimist i believe in this country i believe in the strength of the American People and i think that next year we will see a strong economic recovery i hope it starts right now and i think it will begin to start now but over the longer run beginning hopefully this year were going to see america come back stronger than ever. You were governor during the tragedy of 911 how do you respond the way the handle of this still way you handle lets you know it larry its disappointing that we dont speak the cooperation at all levels of government we had an incident member 11th you mention my book beyond the gr
Cnbc im becky quick with joe kernen and Andrew Ross Sorkin the market has come under significant pressure this morning. And the nasdaq off by 143. Its all coming this morning a rough week for wall street 5. 5 that was the worst week since march 20th and all three are coming off of their biggest weekly losses and last month after last week. The dow and nasdaq for the month of june would be down with the projected losses that were looking at this morning. S p is already down for the month of june. Also keeping track of the treasury market this morning lets take a look at that. Treasury yields yielding 0. 08 crude oil prices under pressure this morning too this is a sign of how much is anticipated in terms of a come back not only here in the United States but around the globe and right now wti down about 55 cents. Still trading 35 though at 35. 71 andrew. Thank you, becky. I hope everybody had a great weekend despite some of these losses that were looking at in the market i want to start
Going with you preach it the efforts are all right as the covert 19 death toll nears 100. 00 of they have broken the transition for greatness has started ahead of schedule tom says this will be a year of ups and downs but next year will be one of the best ever what are your thoughts on that. Well obviously this year is a year for enormous downs 1st a horrific loss of life that continues pace the slope but its ongoing and the future of that standpoint is uncertain but the future economically at the moment is one that we all are very concerned about over 30000000 do people out of employed Small Businesses going under bankruptcies going up but you know larry im an optimist i believe in this country i believe in the strength of the American People and i think that next year we will see a strong economic recovery i hope it starts right now and i think it will begin to start now but over the longer run beginning hopefully this year were going to see america come back stronger than ever. You