s. rating agency moody's lawyer, it is rarely credits rating and downgraded outlook from stable to negative. israel's finance ministers landed as lacking serious economic arguments. moody's announcement on an downgrade. there's not in groups. he's taking nomic arguments and it's inside of a political manifesto based on the pessimistic and i found a geopolitical view, which reflects a lack of confidence. and these real security and national resilience, as well as in about and lack of confidence in the right justice of its bass, in the face of the enemies. the development sector has found itself among the most affected with construction size across the country. stain, frozen house to around 150000 palestinians. the workers from the west bank were blocked from entering israel and move that many x rays. find a rational this is really a really, really dramatic issue. on one hand, you do not lead the posting has come work here because people are worried about having 1st thing in the states. on the other hand, it's the 1st thing is they're not work. they don't, they lose their live you. so this is

s. rating agency, moody's lloyd is really credits rating and downgraded outlook from stable to negative. israel's finance ministers landed as lacking serious economic arguments of movies announcement on the downgrade does not include c. so you cannot make arguments and as entirely a political manifesto based on the pessimistic. and i found a geopolitical view, which reflects a lot of confidence and these real security and national resilience, as well as in about and lack of confidence in the right just in it so, but spies in the face of the enemies. the development sector has found itself among the most affected with construction size across the country. stain frozen house to around 150000 palestine, and the workers from the west bank were blocked from entering israel and move that many x rays. find a rational this is really a really a really dramatic issue. on one hand, you do not lead the posting has come work here because people are worried about having bo, this thing is in the states. on the other hand, it, the 1st thing is do not work. they don't, they lose their live you. so this

s. raging agency moody's lloyd is really credits rating and downgraded outlook from stable to negative. israel's finance ministers landed as lacking serious economic arguments in moody's announcement on a downgrade, does not include c, so you cannot make arguments. and it's entirely a political manifesto based on the pessimistic. and i found a geopolitical view, which reflects a lot of confidence in these real security and national resilience, as well as in about and lack of confidence in the right just in this of its past in the face of enemies. the development sector has found itself among the most affected with construction size across the country stain frozen. after around $150000.00 palestinians. the workers from the west bank were blocked from entering israel and move that many x rays find a rational. this is really a really a really dramatic issue. on one hand, you do not lead the posting has come work here because people are worried about having 1st thing in the states. on the other hand, if the 1st thing is do not work, they don't, they lose their lives here. so this is that v

moody's today said the announcement of pre-election tax cuts well intending straight plans will perpetuate the u.k.'sallenges. the labor leader defined it in much stronger terms. >> over 14 years we have seen our fair share of dilution from the party opposite, a prime minister who think the cost-of-living crisis is starting to ease. an education secretary who thinks concrete crumbling on our children deserves her gratitude. a former prime minister who still believes crashing the pound was the right path for britain. and today, a new entry into this hall of infamy, the chancellor who bruises into this chamber in a recession, and tells the working people of this country that everything isn track. crisis? what crisis? or as the captain of the titanic and the former prime minister may have said, iceberg, what iceberg? smiling as the shit goes down, the chuckle brothers have declined, dreaming of santa monica or a quiet life surrey, not having to cell phone his election. christian: keir starmer speaking in the house after the chancellor's speech. justine, it's a sensible budget according to some mps but n

and i think, mr. moody, what's the, what's back toward these people who make this index off f b, s, nation and read, they put us at the end of that list. our basic nature is that we accept it certain indeed that i would need to read accept we are, we accept the fit, we can achieve much more than what we have done in the last couple of years. and if that explanation model can change, which is happening now, the next been use that happened as a next week. i'm automatically, we need to balance the growth of that to wandering, bit deep into emotional portions for the population. there is too much of focus only on g d p growth today because we don't have adequate due to the we have adequate g depending most of the questions will become important to be have new care families that are people give their parents for the purposes of money, people who don't look after their parents, who fight between siblings for some small amount of money or land today you don't call your cousin number. i don't know it's, it's it's, it's a cousin, you know, a 2nd cousin, some of that. yeah. so i think that the princ

s&p up 8%. rwm, the russell 2000, flat on the year. and a lot of companies are levered that are burning cash just of service their debt. look at the moody's report. look at the be three rated companies. there is a big cohort come around 35 percent-50% of companies have to burn cash just to service their debt and that is a tale of two cities that exists. we see it in cre as well and with the banks. big banks are really safe. fortress balance sheets, jp morgan, bank of america, city wells. big trust banks led more than president state street, bank of new york. they are fortress balance sheets, really safe. but there are 4400 tanks in the country and about 10% of those have really high funding costs in the double digits and in addition to that have balance sheets that are really troubled because they have 40%-50% in real estate. i think they are already solvent -- insolvent or moving towards insolvency and the industry will continue to consolidate. it is happening in the banking sector and corporate sector. it is happening in real estate. it is also happening with consumers. we see delinquency rates among consumers for both autos" of cards h

s&p holding above that 5001 hundred level, down. nasdaq futures looking to lose after gaining 0.7 percent or so yesterday with nvidia upgraded by moody'sfresh record for that stock. 17,991 of the nasdaq 100 futures. that's have a look across asset. focusing on the currency space when it comes to what's happening with japan and the euro-dollar. before we get to that, let's look to the 10 year. after yields came in they drop with the back of the comments of fed chair jay powell, sticking to the script. no rush to cut but a cut is likely. for 10 on the benchmark then. u.s., japan, 148, strength coming through for the japanese currency up on a monthly high on stronger wage data with expectations, we are getting closer to that point where they raise interest rates. euro-dollar flat on the session. bran 8298. we watch the geopolitical ramifications as the red sea challenges remain in there is some detail around the demand picture for gasoline in the u.s.. 80 to 98 on brent. stocks mixed in asia after fed chair jay powell said he still expects u.s. interest rates to fall this year. let's bring in former bloomberg's mliv team. what will the ta