European equities are trading under 30 minutes until the end of the wednesday session, rising for the first day of three with highest levels for the stoxx 600 since june 19 with all currencies falling against the dollar. Bond yields are daily gaining. Dax isnd in the diverging from the technical momentum indicator. The relative strength index. Something usually seen as negative and technical analysis. Whenivergence occurs prices make higher peaks as the dax has done in recent weeks. While the rsi makes lower highs. That indicates momentum is fading, even as prices keep going higher. The bullish trend is intact for now, according to day by day. It will be interrupted if the index ranks below 12,930. We are at 13,000, 46. 13,046. Lets stick with germany. J. P. Morgan chase and Morgan Stanley have differing views on what the ecbs policy decision next week will mean for german bonds, jpmorgan recommends taking an outright for a position in the 10 and 30 year bonds and selling fiveyear germ
Soldier is demanding an apology from general chief of staff john kelly. She told joy reid general kelly is a puppet of the president saying he lied in a press Conference Last Week when he claimed the congresswoman took credit for the naming of an fbi building for two fallen algts. Video of the dedication ceremony later showed wilson made no such remarks. The character assassination that he went through to call me out of my name an empty barrel and all the work that ive done in this community. Not only does he owe me an apology, but he owes an apology to the American People because when he lied on me, he lied to them. The women of the Congressional Black Caucus echoed wilsons demands for an apology from kelly saying he must take responsibility for his reckless and false statements. Neither the white house nor general kelly have responded. President trump is turning up the pressure on House Republicans to get moving on tax reform. He says he wants a bill overhauling the system on his des
Good morning, everybody. Id like to welcome you to our event this morning that aims to bring us together for a dialogue on issues. Id like to thank chairman greg walden for being here today particularly after the news we heard this morning. Here at bloomberg government, our tools, news, and analysis is closely aligned with topics the house energy and Commerce Committee has been working on so we look forward to working with him on health care and other topics. With that id like to introduce my colleague, lauren, who leads content at bloomberg government, who will be chatting with chairman walden this morning. Thank you. [applause] thank you, arielle and thank you for everyone joining us. Were beginning the event under a darker circumstance. I want to ask you, chairman walden what do you know so far and whats the status of your colleagues at the moment . Greg thank you and good morning, everyone. Its not the way i want to start a day any day. I hope well have a moment of silence and put
Telecom, technology, all of i would like to start with the biggest issue, which is health care. We know your Senate Colleagues on a bill maybe behind closed doors, circulating language, where do you assess the status of this . Greg in the first few months of the year, when we had this task before us, we got a lot of public suggestions from some of our colleagues across the aisle about what we should or shouldnt do. After we passed the bill and sent it over to the senate thats been kind of radio silence thereafter. They got a tough job. I respect that. I know theyre serious about their work. I know Lamarr Alexander is a terrific legislator. If anyone can help pull this together its him and orrin hatch and the others that are involved. Its hard. Its hard doing major reform of entitlement programs, something involving insurance at any level, especially Health Insurance, its very difficult work. And they have virtually no margin of votes, like we had no margin to work with, theirs is tight
Drove republicans to realize that in the interim where they are not going to get on repeal 00 get get 50 votes on repeal legislation. I want to show the tweets that Lamar Alexander put out simultaneously as the announcement was made before the Health Committee. Lets take a look at those. The chairman of the committee saying that the Health Committee will hold hearings september 4 on Actions Congress should take to strengthen the individual Insurance Market so americans will be able to buy insurance and affordable prices in the year 208. He tweeted we will hear from state insurance commissioners, patients, governors, Health Care Experts and insurance companies. Saying Committee Staff will work this week working with all Committee Members to prepare for these hearing and discussions. Also for lamarr alexander, the reasons for these hearings is that unless Congress Acts by september 27, of to half of our states may find themselves with zero options for buying Health Insurance exchanges fo