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U. S. Threatening any recovery optimism. Australia braces for the end of a record run. Gdp data showing whether the 30 year recession free streak is over. Looking at how markets are trading, u. S. Futures under pressure after stock markets in the u. S. And in most thats ended mostly positive stock markets in the u. S. Ended mostly positive rating. Friday. Oflly no real substance concrete measures against beijing. We have the dollar index falling friday, the declines continue on down. 2 . Monday, this as confrontation with china continues but after the s p 500 closed may on an up note and now at the highest level in more than 12 weeks. 1. 7 , about 35 a barrel level. This is the highest in 11 weeks and the biggest the klein in more than a week. Decline in more than a week. Russia and saudi arabia agreed to coordinate on the deal reached by opecplus to cut output. Seeing u. S. E futures falling. Upside holding on with futures trading in this part of the world. Nikkei futures trading high ....
Then Investment Committee is ready to go. Halftime report starts right now. Good to have you with us. Our Investment Committee is here with us today. Want to get right to the markets where stocks have hit an air pocket within the last 30 minutes. About 100 points on whi s off ow on the dow and the ten year yield lowest since early february a spike in gold. And by the way, has everybody searches for answers as to what is going on, karl says that iphone sales in china may fall by 40 to 50 in february and march compared with the same period last year so we have to keep our eye on all of that. Goldman sachs wonders whether were all underestimating the impact of coronavirus on earnings and the market at large. Very possible we could be and i think that it is important to remind everyone that it is a lot of fun when you have five or six stocks that are so gigantic that ....
Live gaveltogavel of the house. Theyll gavel in next. Up the resolution on the appointment of managers of impeachment. Live coverage on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God, we give you thanks for giving us another day. You helped promise god, you are with us wherever we are and whatever we are doing to heal and to help, give strength and make us whole. On this day, the house and the senate draw our nations attention as the process of impeachment moves forward. Bless all members of congress with wisdom. Give them the courage to honor the constitution as they have promised to do so that all americans can proudly observe their government in action. Opinion and feelings will be on edge, may all members be filled by your holy spirit and engage each other with goodwill and respect. May all that is done this day and in the days to come, be for your gritter honor and glory. Amen. ....
With me is fiona cincotta, whos a Senior Market analyst at city index. Lets start with more brexit. You are saying that maybe one day we will not have to lead on brexit what a hopeful thought. The dup possibly opening a door for boris johnson. Possibly opening a door for boris johnson. This is really interesting. The problems we have been seeing as far as the deal going through and the problems relating to it is this i wish backstop problem. Irish backstop problem. The dup have said they are willing to shift that redline. Whereas before they were not willing to accept regulatory checks or anything that treated Northern Ireland differently from the rest of the uk, there are signs they might be willing to move here now and that would be really interesting because that would open the opportunity to have a new deal. The reason they have taken this new start, a poll has come out ....