We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
Rescue, is it really going to do very much about the problem . Futures pricing in the fed rate cuts at three for the rest of the year but of course this as more governments are taking action and coming to the rescue with fiscal measures. Speaking nowr abe saying japan will take bold measures if needed. He is also saying he will soon announce policies tackling school closures. Schools are in hong kong and now japan will follow suit from march 2. Let us get a quick check of the markets. Equity markets are giving into the rest of the global selloff. The cfx 300 is often the low of the day. But still down by more than 1 . The hong kong hang seng also testing the of trend that had been in place since august. Japanese equities bearing the brunt of the selling. In a correction position. Off by more than 3 just today. As np futures are rebounding just a bit. Up about 0. 5 after the worst day since 2011 and a decline of more than 4 . I want to take a look at some of the risk propositions. Repre
Southeast asia, gdp out of fullyear growth for 2019, philippines not playing ball the first trading session and dollaryen, gold, oil and treasury futures looming, looking at where we go moving forward as well. Dollaryen 108. 66 and gold futures pulling back slightly, by a futures contract. That is the markets. Uneventful. Here is the first word news. Kim jongun says he is no longer bound by a pledge not to willmissile tests and debut a new weapon. He says u. S. Sanctions leave him no choice but to reconsider commitments that underpinned his meetings with President Trump. Trumps reaction was muted, repeating that kim agreed to denuclearize. Hong kong kicked off the new year with renewed protests, vandalism and tear gas. Demonstrators and Police Clashed into the night after tens of thousands of mostly Peaceful Protesters took part in a march. Protesters vowed to maintain their fight for more democracy and less chinese control. Willdent trump says he finalize the first phase of a trade de
The upside. This is down to wall street, partly traders getting wages on that. The fed hiking rates. This whole talk of chinese stimulus is rekindling some of that risk sentiment. We are talking aboutas far as the bond market, we have a steady picture for treasuries. Weve got the 10 year yielding 4. 6 , where we were yesterday. Weve also got an open in thailand, having a look at bangkok and seeing what is at the start of the trading day. Its a by. 25 . Seeing a pushback taking place with the recent stimulus plan. 15 billion handout in thailand from the new prime minister. Some of the Rating Agency suggesting that if they dont get growth out of that, they may be looking at a downgrade. Its about digesting that, its continue to strengthen. It by nearly one barth in the last week. The fed speak, it is center stage. Speculating that the central bank will hurd well head to another pause as far as Interest Rates go. We are on track for a soft landing. Inflation has come down quite a bit. The
Greg quicks whats happening . Whats this was good advice for dana. I thought so. Do you have a bottle nearby brett quicks just in case for Vice President penance. Thank you. Good evening im bret baier. Coming to you for Fox World News had called in new york. Bob menendez response to critics who want him out after Felony Bribery Charges filed last week. We will bring you that. Historically bad test scores from Baltimore Public School students have parents and others demanding change there. Plus the piece of outer space that could make an incredible difference right here on planet earth. First, the numbers tell a story for President Biden. Hes in a difficult position tonight. Recent polling shows the president s Approval Rating on the border for example down to 23 percent. 23 percent, hes behind former President Trump by 10 points in a headtohead matchup in one pole. Many pundits on both sides of the aisle say all of this has to do with another big number. Eating is in his age. Julian tu