Good morning, im Francine Lacqua in london. It is a very packed show in terms of data flow, this is what i am looking at. Lets put everything into context with Asset Classes. Overall we are seeing quite a lot of equities higher after we saw the s p 500 rise to a record, treasuries tumbling after we had less damage than originally feared from Hurricane Irma which supports a case for gradually improving economy. This is a picture for the stoxx of thatthe back hurricane we are also looking at crude oil and this is one to look at, europound and pounddollar. Heres sebastian salek. Sebastian the Un Security Council has approved a new sanctions aimed at punishing north korea. The u. S. Dropped key demands to win support from russia and. Hina wil it seeks to give countries the freeze to freeze cargo ships who dont agree to inspection. Today we are intending to take the future of the north Korean Nuclear program out of the hands of its outlaw regime. We are done trying to prod the regime to do
We were certainly lucky to have a professor of his caliber. Professor bibas then took a position on the faculty of the university of Pennsylvania Law School where he has been teaching since. Professor bibas has been prolific in his academic writings, publishing numerous articles on all aspects of criminal law. His Academic Work culminated in the publication of his book entitled the machinery of criminal justice. That book was published 2012. In this book and many of his articles, professor bibas criticized the current model of bureaucratic assemblyline justice and americas high incarceration rate. Much of his work has been devoted to finding solutions to these problems. His Academic Work has certainly had an impact on the law. In fact, professor bibas is one of the most cited law professors in judicial opinions. One study shows he is the 15th most cited legal scholar by total judicial opinions, and he is the fifth most cited in the area of criminal law. Not bad for a relatively young p
First. From the middle east to europe as leader of the free world, President Trump reaffirmed historic alliances and forged new relationships and called on the wider world to confront the threat of terrorism in new and renewed ways. And by the action the president will announce today the American People and the wider world will see once again our president is choosing to put american jobs and American Consumers first. Our president is choosing to put American Energy and american industry first. And by his action today, President Donald Trump is choosing to put the forgotten men and women of America First. So with gratitude for his and admiration for his unwavering commitment to the American People, it is now my high honor and distinct privilege to introduce to all of you the president of the United States of america, President Donald Trump. [applause] President Trump thank you very much. Thank you. I would like to begin by addressing the terrorist attack in manila. Were closely monitor
Performer. The nasdaq finished just in the positive, verily. Oliver the nasdaq has remained somewhat boy it after the past couple weeks. Deeper in the stock market, i won a look at a couple of those sectors you mentioned. So well. Not doing that has been part of the market hurting quite a bit. Matt that reminds me of the death of the safety trade. And the birth of this conversation that will keep happening. Financials held up a bit possibly due to the fact we are getting more hawkish. Bigger moves. Not a huge move on the week but he was looking at the same kind of reversal of the trend in which financials are staying in the green. Energy getting hit. Commodities not getting hit. Utilities down 3. 2 on the week. Eventually flat after fisher came and muddled that message a bit. A threeday chart here on my terminal. You can see i put a line at the close of day two. Day two was one carson block came on Bloomberg Television exclusively and told the world of his short trade on saint jude and
Pop off of Janet Yellens speech. Stanley fischer putting cold water on that talking about september. This is the we are with less than our left in the trading session. The dow down by point four of 1 . Seeing a 200 point spread. 18,450. Ed around the we are the opposite of that. Down. 4 of 1 and the nasdaq. 2 of 1 . With all this it is happening because of that september rate hike getting more on the table, looking at fed fund futures, it has risen by 10 points. The odds of that have been on the the yield twoyear and the 10 year. This is where we stand right now. Five aces winds up 8. 84 . Six basis points for the 10 year. It is having a Ripple Effect on the bloomberg dollar index. The dollar is rising right now against a basket of currencies. Up almost 1 , a really big changer. 1181 against a basket of currencies. This is the biggest gain the july 5. And on the the rising 1. 25 . Bonnie what were the individual moving quitewere apart from the symposium. First off apple right now is. 8