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Patriotic. Vaccine is on to find a amid warnings of a greater resurgence to come. Haidi pretty mixed midweek outlook when it comes to trading here in asia and for the first time in a while, we have seen equity markets kind of take a step back in terms of not headlines. A great deal of activities and commodities. Lets take a check of futures. Contracts trading higher after we saw a lack of conviction in u. S. Markets as we get concerns that perhaps this fourth round of fiscal stimulus will not be forthcoming. We are hearing the republicans are in the midst of crafting their own proposal to take to the democrats and we also heard from President Trump as he resumed his virus presser, encouraging americans to wear patrioticart of a duty. Over in japan, we are seeing outside of point 3 when it comes to trading for nikkei futures in chicago. More earnings on tap along with japanese pmi readings as well. Take a look at gold and soldiers ....
In a german newspaper interview. Durables just ahead of estimates and still looking for definitive headlines out of opec. Inventories at 10 30. Yellen back on the hill answering lawmakers questions about the banks, what shes expected to say about the troubled sector. And speaking of banks, wells fargo ceo john stumpf is forfeiting 41 million ahead of his next appearance on capitol hill tomorrow. And what should you expect as an investor . Shares of nike falling in the premarket on yesterdays earnings numbers. Whats dragging that dow component down . But first, a lot of news involving the banks today. Wells fargos john stumpf to forfeit 41 million in equity awards while the companys board investigates the banks sales practices. Deutsches john crion saying the bank did not need increase or capital interest. About an hour from now fed chair yellen will testify on Bank Supervision and regulation before a house panel on capitol hill. ....
They were rescued. And no slow down opec to continue pumping huge amounts of oil into an already over supply in the world market. Im with the sport and one of the fifa president ial candidates dispense the world governing body over the latest rounds of arrest and rual madrid kicked off after fielding an ineligible player. Germany is the latest country to take on a direct role in the battle against Islamic State of iraq and the levante in syria. Crucially though it will be a noncombat mission. Politicians in germany voted to send the maximum of 1200 soldiers and serve in support roles in turkey, kuwait and qatar and will deploy jets and its a mission that will initially last a year and cost it is estimated 146 million. It is the German Response to a french request for help after last months paris attacks and they believe germany is now a target as well. Paul brennan reports. R ....