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The why is what is unknown. Is the spreading commodities market everyone is watching. The spread is almost 4. The global tightening we are seeing in the market when it comes to balancing. 10. R up by the vix, modest today. Desk david says trump was back in campaign mode. He took on nafta, the media, and the republicans senators from arizona. He threatened to shut down the government over the building of the wall in mexico. We have to close down the government, we are building the wall. Me be clear to democrats in congress who oppose a border wall and stand in the way of border security. You are putting all of americas safety at risk. David explain what the president was doing here. Keep thee things is to government going. Why did he reach out and say we may shut it down . He felt a need to draw a red line about the border wall. A number of republicans and all democrats are opposed to using taxpayer money to pay for a border wall. The president says this is something he campaigned on an ....
Abroad. He warned his opponents not to arrow not to bother challenging the vote. In asia, the u. S. Vice president mike pence had a warning for north korean. Weeks, thee past two world witnessed the strength of our new president in syria and afghanistan. North korea would do well not to test his resolve. Taylor mike pence urged china on north Koreas Nuclear wearables nuclear program. Of forging and leaking state secrets. The chairman was also indicted on giving 6 million in bribes. Acceleratedeconomy for the Second Quarter innovaro. Rose 6. 9 in the First Quarter from one year ago. New credit rose more than expected. Global news, 24 hours a day. Powered by our more than 2600 journalists and analysts, in more than 120 countries. I am taylor riggs. This is bloomberg. Lets look at the markets. Many markets are closed but we ....
Inflation revised upwards. That makes the jobs of Central Banks around the world a little bit easier. We also have the iaea saying that the oil markets are rebalancing. The and across to atlanta, same idea as what you saw with eurozone inflation. A better feel moving from a lousy 0. 1 up to 0. 3 . A a lot of things, a sigh of relief. You could even dovetail back to Jpmorgan Earnings yesterday. Francine you can. Its crazy. Were of plotting 0 inflation. Better than we have had, right . Thats the brave new world. Lets get straight to the bloomberg first world nesws. Nejra ukraines speaker has been approved as the next prime minister. Poroshenko petro will take charge amid a volatile environment. Key Administration Officials have quit and the imf has halted a 17. 5 billion bailout. In south korea, the ruling part ....
Numbers are coming out better than analysts had anticipated. The other big economic report of the morning has been next. Adp employment report showing a smaller than estimated gain in employment. Perhaps the precursor to fridays report but there is not always correlation between the two. Productivity falling 1 , even as the unit labor cost rose by 3. 1 , so there has been a lot to digest this morning for investors. Overall, we are still seeing this concern over Global Growth with a scenario coming back into play in the markets. That said, all averages are already up off of the early those with the session cutting the lost that we have seen just about in half. All three major averages. If you take a look at the bond can see the Economic Data and that is what we see for the s p 500 this morning. If you take a look at what is going on with the bond market this morning at what we h ....
Will keep enough seats so he can speed up his policies. The third arrow to come. A promising site from germany. For the first time in 11 months, german Investor Confidence has risen. Meanwhile, the European Central bank is preparing more steps to boost the euro area economy. Heres the president of you cb, mario draghi. It is necessary to further a prolonged. Of inflation. In itsncil is unanimous commitment to using unconventional instruments within its mandate. The Senate BankingCommittee Want president obama to change the culture at the Federal Reserve. They say the president can start with the fed board of governors. Todays wall street journal, two senators say the president should fill vacancies on ....