entirely on incoming information that bears on the outlook of the economy. regard air in this vonnie: you are the david: you are the expert on the white house. square this for me. the president tweeting he had a good and cordial meeting with jay powell, everything was discussed including interest rates. how could it have been a good and cordial meeting if the president says he hates everything jay powell has to say. this in terms of the rhetorical approach chair powell has taken an president trump. if it is a less than 24 hour window where we saw this illustration with president president trump speaking at the economic club of new york that criticized powell and then the chairman testifying in a consistent tone, a apolitical tone before members of congress. what you are hearing based upon the dueling statements is the fed chair continues to strike that consistent fed chair town we have all come to expect from the central bank and president trump continues to raise his conc
we will come back and talk about other ones in a moment. in the meantime, we are going to dan in milan. it is remarkable that paris and rome are really drawing their doctors. explain daggers. explain what is happening. dan: it is quite extraordinary. this spat between the two countries, their leaders, has been going on for several months. it exploded originally last hen italy s interior minister was attacking the french immigration stance and that led to italy summoning the french ambassador in rome. and it is pretty much deteriorating from there. this all the tension level increased this week after the head of italy s five-star movement went to paris and met with the yellow vests delegation. and that probably was the final straw. david: that is a step beyond exchanging some unpleasantries. when you meet with the people who are writing in rioting in the streets, that is close to home. is this about anything more than just some back and forth, and does it bear at all on
producers may blunt opec cuts. ofwill speak with tim dove pioneer natural resources. at theaking a look equity movers. stocks are rising today. stocks and bonds and sovereignties, the markets have come down from yesterday s post health care even where we saw in move away from risk and into defensive assets. this is a great chart showing the inverse relationship between the sterling and the ftse 100 index. the pound has become a bit of a wait on the ftse index. it s 1.6 gain against the dollar is undercutting interest in the ftse which is packed with those multinational companies whose earnings accrue when the sterling strengthens. stanley recommends selectively buying domestic stocks and buying price year foreign exports price year foreign exports. foreign exports. the dollar is the white line, in the ftse is the blue line. what a chart that is. that is a chart we will continue to focus on. we are tracking shares which are seeing it largest inflow since exit last week.
overall. you can see germany s dax regaining some of the losses, france is the only major indices in the red right now. the ten-year note yield very important, one of the reasons why the financials have performed so poorly and there is that yield, down just a bit, 2.362, although this is right around where we were yesterday. as for oil, up and up rather nicely. and the latest s&p case shiller home prices report, prices up 5.9% in january compared to a yearni year ago, faster than the 5.6% economists had been predicting. as for the road map, ford expected to announce significant new u.s. manufacturing investments this morning. the automaker receiving high praise from the president. plus futures are pointing to say flat open, the dow seeking to reverse course from the longest losing streak now since 2011, six years, and yum! brand ceo reid will sit down exclusively with our own sarah eisen. nobody else s. she is a road warrior. let s deal with the bond issue up front, abo
this is the cbs evening news with scott pelley. pelley: we re going to begin tonight with a troubling story that first gained national attention on 60 minutes, the sexual abuse of female olympic gymnasts. today victims told congress the stories they had kept secret for years out of fear. legislation is in the works to protect future victims. dr. jon lapook has been heading our investigation of the case, and he has today s capitol hill developments. i want the women who testified to know how very proud i am of you for standing up. i know how hard it is. reporter: senators called today s testimony an act of bravery. elite gymnasts including jessica howard and jamie dancer described sexual abuse by lawrence nassar beginning when they were teens. dancer won a bronze medal in the 2000 olympics. he abused me in my hotel room in sydney at the olympic games. i was disbelieved and even criticized by some in the gymnastics community for bringing this disturbing issue the li