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Absolutely, this is a day where we've got holidays closing down a lot of markets, but we'll still get some interesting reads today. The equities that will trade looks at to move higher today after we had strong earnings boosting Wall Street at the end of last week. So those numbers, the S&P 500 up 8 tenths of a percent feeding through. The futures for a lot of markets, even though don't trade today are in the green. And also pushing hang seng index futures back up over 20,000, but again, we'll be looking at selected trading throughout Australia and Japan will trade nikkei futures at the moment. 29,075, that's about 200 points above the last cash close in Tokyo and Australian futures trading up about three quarters of 1%. We did have a little bit of strength in the Bloomberg dollar spot index. And the latest read on dollar yen, one 36, 26, so considerable weakness after the BOJ meeting on Friday. One of the notions there is that they've launched this review that will take one year to one year and a half. And that kind of suggested that kind of review isn't really tied to a result. And so thinking weakness in the yen likely and that's what we saw over the past couple of days of trading. The last yield on the ten year treasury with a 3.42%, the two year at 4%, WTI crude $76 and 33 cents a barrel down about 6 tenths of a percent in the latest trading. So interesting to watch what we see having relation to China today, given the mixed state of the weekend. We'll get you more on that in about 15 minutes, Doug to you. All right, Brian, thanks. Well, in the states we're waiting for word from federal regulators on a solution to address the problems at first republic bank we are hearing, the FDIC has asked banks including JPMorgan Chase, PNC Financial Services and Citizens Financial Group to submit their bids if no agreement is reached. Regulars would still have the option of seizing first republic, taking ownership of the bank. Now, democratic representative ro Khanna is district includes parts of Silicon Valley and the Bay Area. He weighed in earlier today on CBS face the nation. I think that the FDIC needs to look at the lowest cost alternative. That's their mandate. And right now they may need to work with banks and private capital to save first republic. I mean, that is the state we're in. That is ro Khanna, U.S. representatives speaking earlier, heard on the Bloomberg by the way a possible option for republic is for regulators to use a bid for so called open market solution that would avoid formally declaring first republic of failure. Now the stock has declined quite substantially leaving the firm with about $650 million, $650 million in market value, and that has made such a takeover somewhat somewhat a little more feasible. Federal Reserve policymakers meet this week with another interest rate increase considered likely Bloomberg's Larry kofsky reports. The fed steepest rate tightening campaign in decades is nearing an end. Officials will be considering how much more pain they need to inflict to restore price stability while trying not to send the economy off a cliff or push an already creaking banking system into crisis. The fed's two day meeting begins Tuesday, similar deliberations are likely as officials at the European Central Bank and the Bank of England meet over the next two weeks. I am Larry kofsky, Bloomberg daybreak Asia. We go to China next where economic data seems to be sending some mixed signals we have more from Bloomberg's Bonnie au. China's manufacturing activity unexpectedly contracted last month. The official PMI for 51.9 to 49.2 in March, and growth in services and construction slowed more than expected. The non manufacturing PMI came in at 56.4 down from 58.2, but as the 5 day Labor Day holiday begins, China's tourism and consumer activities roast sharply. Data showed major retail and catering company sales jumped 21% from a year ago. The conflicting data show is still unclear if the recovery can be sustained. In Hong Kong, I'm Bonnie L Bloomberg daybreak, Asia. Australia's defense minister Richard marles is citing economic hit coercion as a motivator for a revamped military. At Baxter has global news now in

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