Peoples lives to a minimum while preparing for a worst case scenario. The original law was enacted after the 2009 influenza outbreak. The update would allow the government to declare a state of emergency over this latest health issue. Using the proposed revision, the government would have the authority to ban events, to limit the use of large venues like theaters, and to firmly advise people to stay at home. The government hopes to pass the Amendment Bill on friday. The Prime Minister also said the government wants to prevent negative information about japan from spreading abroad. Hes considering asking experts to help dispel any rumors. Abe stressed a number of infected people in japan excluding cases from a virushit cruise ship is considerably lower than some european countries. Border barrier. Japans government is strengthening its border controls from two neighboring countries in attempt to stem the spread of the new coronavirus. Flights arriving from china and south korea can now
Selloff, the dollar index. Looking at a fourday chart of the dollar index, we will see the it is the worst stretch since late june having everything to do with the strength in the british pound, emerging market currencies. It has done technical damage. It is a oneyear chart of the dollar index. In chargeuptrend, above the 200 day moving average. On this weeks weakness we are coming back into the range. Today we slide back. This suggests we are likely to see the dixie go down 9650. If it is below those levels it could get interesting considering i breaking of support but there is more a breaking of support but there is more ahead for the dollar. There certainly is a lot of indecision. Look at relative Asset Classes or within the equity market, according to mid davis research, you look at the relationship between stocks and bonds, it has not been so indecisive. The two are both up to such extremes since the 1990s. If we look at the equity market we are seeing something similar. The push
We confirm that it is necessary to correct some of them. I think it is necessary for us to bring new rulings, to request that when they allow the Consolidation Commission to do these remaining works, well, we spent the last week after the arbaeen days, almost due to the presence of the representatives. In the ceremony that participates in hosseinis arbaeen every year, there are almost plans, and according to the past date , it was given the opportunity to present this report. Trust the minister we have a proposal for sports and youth, which mr. Hashemi introduced by the president , and on monday, the vote of confidence in the proposed minister is supposed to be fast. It is very likely that on tuesday, the consideration of the bill of the 7th Development Plan is going to be on the agenda of the public forum. Report of the 27th commission it was our suggestion that a group of members of the Consolidation Commission are responsible for the Economic Committee of the 7th plan and it has bee
Peretz. More data coming out. Lets go to julie hyman. Read onhe final Consumer Confidence from the university of michigans index. 90. 3. L from this is the final rating. The more important Economic Data point was gdp for last quarter expanding at 1. 2 , less than projected. That affecting markets are early in the day. It seems like investors are focusing on individual companies. Nd earning reports the nasdaq touching its highest rating level on an intraday basis that we have seen before falling back. The losers putting pressure on stocks, exxon mobil coming out with earnings missing estimates. Efining margins plunged 30 chevron falling after its third consecutive loss. Cigna cutting the Second Quarter earnings, well short of estimates. Theyre saying losses and a weakness in particular in the disability business. Disability business through employers has been weak. We have strength in tech names, in particular out for that and amazon. Both beat estimates. Amazon showing profit and profi
Eyes in the sky. The leaders of japan and the u. S. Are considering additional radar to track threats from north korea. Japanese Prime Minister shinzo abe has blocked off an important meeting in his agenda. Hes heading to washington to meet with u. S. President barack obama. White house Officials Say theyll discuss economic issues, the u. S. Japan security alliance, and their approach to north korea. North korean officials launched a rocket in december. They said they put a satellite into space. But western leaders say they were Testing Technology for a ballistic missile. Some security analysts say such a missile could reach the u. S. West coast and could carry a nuclear payload. North korean scientists carried out another underground nuclear test last week. And authorities in pyongyang have hinted they may conduct another rocket launch before the end of this year. Abe and obama will meet on friday at the white house. Japanese government Officials Say the leaders will discuss the deplo