Second straight quarter. It flames Week International demand and investment in ecommerce. Shery this hour brings another snapshot of the japanese economy. Trade data may show the deficit balloon in november. First, lets get you to the market action. Australia has come online. Sophie aussie shares opening, a little change to the upside with the benchmark twopoint shot of a fresh record. The aussie dollar Holding Losses after the rba reinforced the inw for its rba rate cut february. Pricing at a 59 chance. Thailand rates decision. Expect it to stay steady as it is stabilizing. We also waiting on japans november trade data later this morning. Nikkei futures pointing lower ahead of that. Overall, looking like a soft start of the session after asian shares closed at a high, with fresh eyes across the region including india. Right. L ll lets check in with the first word news with jessica summers. Jessica sterling slumped the most since january as fx traders gave a thumbs down to Boris Johnso
Do not finish higher. Facebook and google, alphabet really bracing for antitrust probes. You can see the shares down 1. 8 . Allon, netflix and alphabet lower. The overhang of big tech being regulated has weighed on this. Lets put this into the weekly. Something did happy, the faang the closing back. Back to 2015 and a high of 2018, the complex rising 170 . Incan see from 2018 stuck this range, the facebook social media rose, the regulation fears, now down 10 from the recent highs of big spreads for what the s p 500 is doing. These have got to get on board if the s p 500 will continue climbing. This chart is not so bullish or bearish. It is stuck sideways so it will be interesting to watch. That has notething been stuck sideways is the bond market. I want to bring it back to that space because when you have conversations about the slides we have seen in yields, many bring up supply and demand dynamics. The idea that there are so many negative yielding bonds overseas that if investors ar
Not too long ago, to set him up for this job. Expected butly faster than many analysts had expected. Thathich is how hard is my question, hollow hard a job is this. Limitedey have some exposure to north america. It did a complete 180. David but it is specifically into a larger story about Capital Investment and specifically energy. Alix and how deep it is in the u. S. That is what we will learn. We have earnings coming out and the macro picture. That Means Nothing is happening in the markets. If you like it was a same story yesterday. The dollar rebound from that selloff. Do williams came in and said nt keep your powder dry. Same in the bond market. A big buy coming in. Can we finally say it is a geopolitical risk story with crude . David did they shoot it down or not . Alix it is all cloak and dagger. David meantime, we want to find out what is going on outside the business world. For that, we turned to Viviana Hurtado. Viviana the Trump Administration and House Speaker nancy pelosi a
Also became the fafsa and volley, wont against any military intervention in nature, saying it be considered a declaration of rule on china. It restricts the exposure to roll materials bible to the sent me conduct the industry and responds to us sanctions the welcome to the bank and we began the most gay wife all the 2nd time in a matter of days, a dry ins try cuz its a high rise tower in the cities, financial district, russia, plains, ukraines, that he attacks the 50 story skyscraper, hows the 3 ministration was 1st targeted on sunday . The defense Officials Say 3 other drains down in the capitol and surrounding areas on choose day. Ukraine has no to acknowledge the attacks. So therefore, were going to see the time where the explosion happened the day before yesterday, and people showed us and we were walking there. And then suddenly there was this explosion. And we immediately ran the shots of cloth and then smoke rising, and then the Security Services started running that way. The sh
Is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state regulators. This is important, as the c