Avril optimism fading, moving past the 50 day moving average, this is fueled by fed optimism. We also got a bit the tailwind for sentiment thanks to the homebuying restriction curbs being relaxed a little bit. But weve seen in the session of the chinese stocks have been swinging between gains and losses, although japanese stocks have returned from that long weekend and the optimism and state of play seems to still be boosting the stocks in the country. We be encasing keeping a close watch on dollaryen. We are seeing it moving back to levels would last saw on thursday, working off the assumption that there were two rounds of intervention last week. Well said that level coming through roughly help 1. 54 despite intervention coming through from the currency chief. Weve been focusing as well on the aussie as we hear from the rba in the next hour. Lets fit the board and take a look at how traders have been bracing for a Hawkish Central Bank, but we did get retail Sales Numbers that fell mor
To what we were seeing november and part of december as we saw some rotation. On a relative basis the dow having a much smaller gain than the nasdaq. Leadership in largecap technology. Its a bit broader. We see Consumer Discretionary also helping lead gains. I want to talk about the weather affect. Take a look at whats going on with some of the commodities. Gas rising to its highest in about a month. A 14 surge. Its quite chilly in the northeast. Temperatures hover well below normal. Coffee is also seeing a boost. Things that are hot. Some crop issues in columbia. Slowing brazilian exports also helping and cocoa also seeing a boost. Shirts are hitting a record in london. The u. S. Actually burned the most natural gas ever on record on monday. Natural gas consumption surpassing even the socalled polar vortex. 143 billion cubic feet was mondays usage in the United States and this is having a Ripple Effect within stocks so out Gas Producers are outperforming. Retail generally is seeing a
Market today. We have had various headlines that raised more concerns about terrorism throughout the day, even if they turned out to have nothing to do with terrorist, as is the case with the disturbance on the flight from britain to boston which you will hear more about one moment now, about. 1 . All the bouncy around it has done between positive and negative if you look at the s p 500, you look and see the chart now coming toward the lows of the session here. Utilities have been week throughout the day here. Energy stocks as well as you see oil stocks fall. They held up really well. Chesapeake energy in southwestern, downgraded over the outlook of natural gas. There declines have been. Ccelerating throughout the day this is the worst performing single stock in the s p today, down 8. 5 . And alsompetition lower prices on its coffee. Been seeing at lot of demand part a lot of companies, specific macro stuff as well as all of it combining two great confusion. Betty you certainly see tha
going around saying very racist things about barack obama, who was running against his wife. again, they feel they are the chosen people. how dare a senator from illinois challenge her. so the feelings towards her and her hubby are very deep-rooted among biden and obama. there is a nebulous web you have to entangle. we could make a flow chart. biden doesn t like hillary and president barack obama reportedly said about then vice president biden he has a uncanny ability to beat things up, i can keep track of who likes who. i think nobody likes each other and everybody likes only themselves. that s a pretty good mantra for the democratic party, especially for the slim pickings for whom an appropriate candidate would be, or they think would be for that highest office. i think it s really telling to me that what you read, the quote the joe biden side of the hedge fund summit, he said it enough to say it out loud at a