We are looking at currencies, strength coming through for the yuan. Dollar weakness is a big factor. Of the planthe back signed off or agreed to on 0. 1 . Us, the euro is up weaknessollar again, down 0. 2 . Hade is still value to be when it comes to chinas bonds, 2. 96 is the yield the. Is the yield. Gold is closing in on 1900 an its spot price. Future is pointing to 1900 in the near future. Il down 0. 7 demandweakness is a factor. Rishaad lets get some sense in all of this. Joining us is frank benzimra, head of asia equity strategy, societe generale. Thank you for joining us. How was your strategy evolving . The last couple of months europe become bullish on , and here politics is playing an Important Role in closing the gap in terms of undervaluation. In asia we have been reinforcing the view on hong kong liquidity. Our remaining strategy is on china. Is that all down to this Recovery Fund and what that presents in terms of a more united cents in europe and the eu itself . A relation
Bad session like we saw in the u. S. , snapping out of gains. New york futures are slightly higher. The dollar is stronger. We saw quite a bit of steepening in the Treasury Curve. Youre seeing the threeyear at around 24 basis points. We did see the spike in yields, slightly off that now in the Asian Session after the treasury unexpectedly announced that refounding announcement. Boosting that issuance on the long end of the 10 year and 20 year with the auction so markets are bracing for that surge in supplies. Were also watching currencies, remedy still very much in focus here today. The message the last couple of days has been calm down, we have slightly stronger fixings here. Were seeing the renminbi slightly down. We are continuing the rally of brent crude, slightly higher by half of one percent, just below 30 bucks for brent. Looking ahead to the data now. China set to rae release trade figures later today. Exports likely dropped 11 from a year earlier compared with a 6 decline in m
Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus on Community Development Financial Institutions or cdfi and how specifically cdfi can promote Housing Development and Economic Opportunity. I think both center at lummis and i believe everyone in this country should have the freedom and the opportunity to build the lives they want. This is the American Dream and an essential Building Block for pursuing this dream the people have access to capitol and lending and resources so they can buy a home or build a Small Business or get an education. We also know not everyone has equal access to capitol and Financial Services this inequity drives big gaps for disparity, opportunity and wealth which is will be sooner country. Communities of color and Indigenous People and rural areas often do not have the same access to c
Find a full schedule on your Program Guide or watch online anytime cspan. Org history. A healthy democracy does not just like this. It looks like this. Americans can see democracy at work citizens are truly informed. A republic thrives. Get informed straight from the source on cspan unfiltered, unbiased, word for word the nations capitol to wherever you are because the opinion that matters the most is your own. This is what democracy looks like. Cspan empowered by cable. Execs ceos from Community Lending develop meant organizations testify on the impact organizations have an Economic Opportunity but they discussed needed investment in underserved lowincome communities. Bridging the gap between rental markets and homeownership. This runs an hour and 20 minutes. Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus
Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus on Community Development Financial Institutions or cdfi and how specifically cdfi can promote Housing Development and Economic Opportunity. I think both center at lummis and i believe everyone in this country should have the freedom and the opportunity to build the lives they want. This is the American Dream and an essential Building Block for pursuing this dream the people have access to capitol and lending and resources so they can buy a home or build a Small Business or get an education. We also know not everyone has equal access to capitol and Financial Services this inequity drives big gaps for disparity, opportunity and wealth which is will be sooner country. Communities of color and Indigenous People and rural areas often do not have the same access to c