Hotspot while infections in india rise at the fastest pace in asia. Zealandsnks new postvirus recovery. We are joined this hour by the rbnz governor, adrian or. Orr. Haidi lets take a quick look at markets. We saw that exuberance over the Moderna Vaccine progress really dissipate quickly. We saw the late session swing when it comes to trading in the u. S. As it has concerns over the efficacy data from moderna causing some concern. Take a look at the futures in asia. We are seeing downside when it comes to futures trading in japan, australia, and hong kong, although we are looking at a little bit more of a positive open when it comes to trading on the mainland, and just also keeping an eye when it comes to Energy Markets as well given that we are starting to see backwardation between that june and july contract for the wti, suggesting some of the storage issues have started to ease. Lets take a deeper look at the markets. Investors are increasingly debating whether the broader stock mar
Tariffs and no differential support. So, in general, im in favor of no tariffs french president Emmanuel Macron tells cnbc that europe can develop into a tech hub and he wants to see the regions a. I. Startups close the innovation gap on the u. S. And china. I think it is good for the u. S. Ecosystem to have a vivid and vibrant and ambitious european ecosystem it is in the best interest we need more europe. European markets are on pace for their steepest daily drop in five weeks tracking wall street in the red as stubbornly high data throws the rates in doubt. And janet yellen calls for g7 countries to tackle overcapacity as Bruno Le Marie speaks out. The war in neither in the interest of the u. S. Or china or any country in the world we need an assessment of the situation. Hello and good morning weve got a busy show ahead of us lets get rolling here elon musk insisting he does not support the biden administrations announced tariffs on chinese evs this after washington slapped a 100 bo
Makers wasting time and attention on phony scandal instead of the peoples work. To often over the past two years, washington took its eye off of the ball. They have allowed political postural and phony scandal to distract from our economy and growing middleclass. Fox news poll find that people do not agree with the president. The interest in the benghazi terrorist attack is anything but phony and not phony to voters, nsa snooping on americans. And the Justice Department seizing telephone records and irs targeting conservative groups for extra scrutiny. Host of power play on fox news live. Chris, you have written your insightful and provocative column today. It is entitled phony . Balonnie. Reporters are going to ask him about that phrase, right . Oh, sure. This is where the rubber meets the rod. It is 100 since the president did a full press conference, in the end of april and it has been a hundred days and all of those scandals have grown, in case matacicized and in the case of the ir