Rally. The bond market yesterday saying a bit of buying come back, but not much for printing. 71 basis on the 10 year right now. Action pivots over what is happening in the United States. We get to the Michigan Consumer center. A little stronger than economists seemed to have protected. 74. 1, up from 72. 8 last time around. 72. 8 was what the economists were predicting as well. Current conditions, 82. 9. That is slightly ahead of expectation which are at 60. 5. The expectations number is actually where we are seeing the strain. Lets turn to our big story of the day, we have seen that apart from the japanese Prime Minister shinzo abe, the countrys longest serving premier will be undergoing treatment for chronic illness. He spoke earlier today. Respond to ready to the mandate by the public. I made a judgment i should not continue my job as Prime Minister. To step down as Prime Minister. Indicated that he will stay on until Leaders Within his party choose the successor. That could happen
Week on the hole for global stocks. Lets get a first word news update. Heres leighann gerrans. Leighann president macron of france has appointed a new Prime Minister. Macron is preparing to reshuffle his government in the widely expected relaunch of his presidency for the final two years of his term. North Korean Leader kim jongun urging people to stay alert of coronavirus. He warned that complacency could lead to unimaginable and irreversible crisis or get despite the warning, he has reaffirmed north koreas claim to not have had a single case of covid19. This is widely doubted by Global Health officials. European president christine crisiss signature fighting tool is becoming the focus of disagreement among policymakers. Governing councilmembers face a potential risk over how much their emergency Bond Purchase Program should stay weighted toward weaker countries such as italy. That is according to multiple conversations with central bank officials. And hong kong, police have charged a
Are back down. Yuan a little stronger. Lets get a deeper dive into the Market Action of the day with kailey leinz. Kailey we are in the green by 1 on the major averages. For is the fourth up day the s p this week. Up 4. 6 over the course of the week, the best week for the index in a month. That is in the face of escalating virus cases climbing across the u. S. Those headlines not putting a day per on appetite. One reason why is that the Economic Data is starting to look better. We saw that reflected in a jobs report. 4. 8 million jobs added in june. The u. S. Is far outpacing europe and the rest of the world, although those economic surprises are trending in the upper direction as well. The question becomes do that resurgence is in cases pose a risk . I want to point out a few stocks on the move today related to cars. Is higher by ebits 17 today, after getting an upgrade. Sales have been much more resilient than forecast. About better used car sales lifting a number of auto body shops
Despite the comments from john and johnson ive, ive solved pointing the is really Prime Minister against the next opposed, posing russian president government fusion on cost, a landslide victory with over 87 percent of the artist in the hopefully begin in gaza or at least 92. 00 palestinians have been killed in the past 24 hours. 2. 3000000 facing funding conditions. And more than half the population has been forced into rafa. Stephanie back and begins on coverage. Thousands lined up outside the u. N. Distribution center in gaza. City aid is slowly trickling into northern garza where the u. N. Is warning and starvation, 13 trucks in total managed to reach both japan. Yeah. And goes to city after driving up from the south. No, we hope this will ends and that we enjoy security and that my husband returns to me in that they provide food for the people to eat. A distribution has been incredibly dangerous and difficult in the north with incidents if its ready, forces bombing and opened fire
Good morning, everybody. [inaudible] its great to have you all here. My name is kevin and im delighted to be with you today as your host for this summer. The iif has put together a fantastic program for you focusing on prospects under the new administration for financial services, regulatory reform, Infrastructure Investments, energy policies, and much more. We are honored to have so many highlevel speakers who have given up their valuable time to offer their perspectives today. The iif is delighted to organize this meeting partnership with we all look forward to hearing from the president and ceo Mark Weinberger later today. If you are unable to stay for particular session today, everything will be available on the iif website after work. They keep it as a great job making sure all that content is uploaded and, therefore, your disposal when you need it. Most importantly for all of us who are wired in today, the network for the wifi here is Ronald Reagan building. Log in the 2017 iif p