40 Burst results for "Nikkei"
Fresh "Nikkei" from Wayne Cabot and Paul Murnane
"65 of pleasant 65 on Saturday and Sunday, Increasing clouds in the sixties again, Craig Allen. Thank you. There he is the opening bell from the New York Stock Exchange. We do effect stocks to open higher today. Futures have been higher throughout the morning as investors watch the stimulus negotiations in Washington with some optimism. The opening Bell report is next WCBS news time 9 30 More than just the headlines. This is WCBS news radio 8 80. 837,000 people file new unemployment claims last week, down just a bit from the week before airlines move ahead with tens of thousands of furloughs after government aid expired. Price of gasoline went up overnight in New Jersey. Up about a dime a gallon. The American Dream Mega Mall in the Meadowlands is re opening to the public in about 90 minutes. Ah, sailing ban on US cruise ships is extended until the end of the month. In the business of sports. Look what's coming back the X F ell in 2022. 61 degrees in the sunshine High Today around 72 on Thursday, October 1st Good morning. I'm Steve Scott. WCBS news time is 9 31. We are a minute into the trading day, and stocks have indeed opened higher. The Dow up 177 points about two thirds of 1%. To 9 27,053, the S and P. 500 is up 20 for good Start for the NASDAQ Up. 124 points, one in 1/10 percent. The NASDAQ now 11,000 2 96. Asian markets closed mixed. Tokyo's Nikkei didn't trade because of a technical glitch. European markets are higher in afternoon trading. The number of people filing unemployment claims remains stubbornly stubbornly high. 837,000 last week, a bit lower than the estimate of 850,000..
Asian Stocks Mostly Up Ahead of Presidential Debate
"Asian stocks were mixed today after Wall Street recovered some of this month's losses as investors looked ahead to the debate this evening between President Trump and his challenger in the November election, Joe Biden. The Shanghai composite gaining 0.3% Hong Kong I retreated, Hank saying down a half percent Tokyo Nikkei edging higher that Cosby in Seoul advancing and Sidney was off slightly. The stock market here at home getting back some of its September losses. Slowly the SNP rising 1.6%. It followed up on it. First four week losing streak and more than a year, gaining 53 Monday to settle at 33 51 still down 4.2% for the month of the Dow was up for 10 or 1.5%, while the NASDAQ climbed 1.9%
Fresh update on "nikkei" discussed on Hugh Hewitt
"31 56, we will explain all the programs that you qualify for in order to allow you a fresh start again. That number is 100 tax 31 56. Technical glitch takes the Tokyo Stock Exchange offline easel being blamed on a network problem, according to Thie, people who control the exchange, of course in Japan Exchange group, and essentially, it's not going to be operating for the rest of the day. This is being described as the most Historic glitch. It's a big deal, of course, because the Tokyo Stock Exchange the Nikkei 2 25 is actually described as one of the largest stock exchanges in the world, is the third largest In fact, behind only Shanghai and New York worth about $6 Trillion. We're told. It's really a big deal when it has to suspend trade the BBC Suraj it Layla. Russian opposition leader election A valley recovering in Germany after being poisoned by a Soviet era nerve agent in Russia, excusing Russian President Vladimir Putin of being behind the attack. The Kremlin denies the allegation. News and analysis townhall dot com Stuck in traffic. We've got the answer. Surprise. Surprise. Where slow As we start the Altamont. This traffic report is going to start. Tracy, where 205 not too bad. Some congestion between Grant Line Road 5 80 westbound 5 80 is stop and go from 205 to the stone could over past and then just a little slow from the overpass to North Flynn Road. Not horrendous. As for North bound, 101, looking great from san and say to San Francisco South 101. No trouble from Santa Rosa across the Golden Gate Bridge, westbound 5 80 even cooperating. Once you're through Dublin in San Leandro, upto Oakland and 8 80 all clear that's traffic..
Airlines Are Asking for a Second Bailout. Congress Should Say No.
"We begin today with airlines their CEO's and union leaders are begging Congress for an extension to the twenty five, billion dollar industry bailout that was part of the cares act travel demand isn't returning fast enough, and now the industry is warning of a massive wave of layoffs if lawmakers extend funding before October first, but Congress is fighting and. Preoccupied. So where does that leave the airlines and their employees marketplace's Andy Euler reports according to the Trade Group Airlines for America passenger volume is off about sixty five percent from a year ago and airlines are collectively burning through five billion dollars. Each month CEO Nick Kelly says airlines are asking for six months federal help because hopefully by then we will be over the Hump and we will start to have a pickup and travel by next spring. The conditions of the previous bailout protected workers until October First Kalua warns that up to one hundred, thousand airline employees could soon join the ranks of the unemployed and Robert W man, a former airline executive and industry consultant says a second bailout would help the US economy recover faster when the pandemic Wayne's if the industry were to fall into disrepair if it were to fall into. Destructive restructuring during the pandemic, the question would be, what would you have around to help your on the other side? When exactly we get to the other side of the pandemic it's still murky and Federal Nikkei Day Rusia George Mason University says, another twenty five billion dollars is not going to solve the problem. This is justice coning the inevitable as long as the demand doesn't go back up. This is just basically a band-aid patch. She says bankruptcy would be the best option airlines have shown that they can emerge from restructuring healthier, and she says that needs troubled airlines don't pose a major risk to the economy at large. I made Euler
Fresh update on "nikkei" discussed on The Paul W. Smith Show
"Smashed the window with a rock scribbled a swastika and offensive language on their truck and slashed the tires. Warren Police Commissioner Bill Dwyre says the suspect who lives in the neighborhood, confessed to charges of ethnic intimidation and several other felonies. Hate crimes such as these will not be tolerated will not be tolerated. In the city of Warren. Candace Hall says she forgives the suspect. But Justice must be served all sorry for his parents. He needs help. Steve Rapoport Fox news while on the campaign trail, the president revisited comments he made during this week's debate. About a right wing Gruyere two, departing on Marine one president Trump, saying that he doesn't know who the proud boys are, after saying at the first presidential debate that the far right group should quote, stand back and stand by in response to a question asking him to condemn white supremacists. I don't know who the proud boys are. You have to give me a definition because I really don't know where they are. I can only say they have to stand down. Let law enforcement do there were following Tuesday night's debate. The proud boys turn the president's words into a logo that has been shared widely on Social Media in Washington. John Decker fucks the committee that's in charge of presidential debates is saying it's considering Changes Commission on presidential debates says there will be some changes ahead. As we prepare for the next two presidential debates, they want to see fewer interruptions and a more controlled environment. Here is the statement that they put out last night's debate make clear that additional structure should be added in the format of the remaining debates to assure More orderly discussion of the issues. The CPD will be carefully considering the changes that it will adopt and will announce those measures shortly. The next big debate will be the vice presidential matchup in next week. In Utah. Former UMW President Dennis Williams pled guilty to embezzling hundreds of thousands of dollars from you the union he once led because of the virus. Williams entered his plea from an undisclosed location. Williams Guilty plea comes four months after his successor, Gary Jones, pled guilty to stealing more than a million dollars from the members of his Union. Williams also resigned from the U. N W He is the 15th person convicted of a crime, stealing money and receiving bribes from contractors and Fiat Chrysler. He was released on a $10,000 bond. On Wall Street this morning, or rather, as we're looking at the world markets this morning, they are mixed. China is up. Nikkei Down London is up down Futures remain up this hour for W. J..
Asian markets mixed after Wall Street rises on dealmaking
"Your money on W G N Global stock markets are mostly higher this morning after Wall Street rose yesterday. On a flurry of corporate deals in China's economic activity improved this morning in Europe. Markets are up in London, Paris and in Frankfurt by nearly a percent in London, more than a half a percent in Paris. Asian stocks, mostly end of the day, with gains to the Shanghai composite gained a half a percent. The Nikkei in Tokyo fell nearly a half a percent. The Hang sang in Hong Kong added nearly a half percent. Wall Street futures are up this morning as well down futures are up about 190 points. S and P and NASDAQ futures up anywhere from three quarters of a percent UA full percent.
Fresh update on "nikkei" discussed on Bloomberg Daybreak: Asia
"The Bloomberg Business APP on Bloomberg Quick Take. He's a Bloomberg business Flash. So the futures that traded in Chicago for the Nikkei 2 25 looks like they wound up in around 23,003 10. That would been have been a little bit more than 100 points above where we were in the cash market in Tokyo. Yesterday, I saw the Nikkei, attempting to open here and begin trading in 1 23,084. But the Tokyo Stock Exchange has stopped trading all stocks is the result of a problem in the distribution of market information. So we're kind of stuck in the water as it were, for the moment, no trading in South Korea, Hong Kong, Taiwan or on mainland China. Today we do have Sydney trading in the ASX is up and running. To the tune of a gain of about 8/10 of 1% big question looming for the US will we get additional fiscal stimulus right now We're told that Treasury Secretary Mnuchin and House Speaker Pelosi are negotiating this evening. We heard earlier tonight Fromthe CEO of American Airlines, the carrier will begin laying off 19,000 people as of tomorrow. And I guess the caveat here is that Those job cuts will go forward if there is no longer any government support, bear in mind that a number of the American airlines and I'm using that to talk about the American domestic industry. I have bring receiving of support through the care, Zack and in some cases, direct loans from the US Treasury 10 year right now is yielding 80 checked at 68 basis points and we have tonight in the U. S. President Trump signing an executive order declaring a national emergency and US mining industry. He is aiming to expand domestic production ofthe rare earth minerals. This would be of great import to the manufacturing economy. The order directs the Interior Department to explore using the Defense Production Act. Hastened development of some minds. He made the executive order..
Apple's next online-only launch will be Sept. 15 with Apple Watch, iPad on tap
"Let's talk a little more about that big apple. Announcement Shannon. All Right Apple announced finally that it will hold an event September fifteenth at one PM. Eastern that's ten am Pacific the invite had the words time flies in a stylized blue apple logo that looked finger drawn was several different loops and the logo also triggered an augmented reality function on the iphone that turned the logo into the nine fifteen date September fifteen four new iphones are likely though apple has said on its earnings call that they won't ship new iphones in September. Nikkei's sources say five. G. iphone production will begin in mid September. Rumors are also suggesting a series six watch and a new more affordable Apple Watch as well as an IPAD air and the somebody and blanket on who now I apologize somebody dug up the Meta tags on the Youtube Stream that apple has put up for this event on September fifteenth and found that Siri six is in the Meta data. So I think it's pretty say we're getting US series six watch. One rumor you heard Lamar was that we might not get the iphone announcement because we know they're ship until at the earliest October they might hold off and only announced the watching the IPAD. Yeah. There was a Bloomberg report. That was adjusting that. It will be a separate. Distant this thing happening next week we'll be IPHONE IPAD and apple. Watch. They would do a separate event in October, which is not a president. They've done two separate events in a fall before where they would just have an iphone event then. I feel like if they were GONNA do that they should probably let people I mean, no one's traveling to the event so. But you know just expectation purposes probably be good to let people know that not to expect him iphone announcement next week if that's the case but you're saying they're probably going to announce everything. My Gut tells me they're going to ask the IPHONES even if they're not shipping until. October. Because a watch and IPAD announcement doesn't seem like enough on its own. The always. A drop will happen. Right they usually have that's other part is I can't imagine they would they would announced the launch of IOS fourteen and not announce the new iphones to go with it. I'm Michael is the microwave and yeah, there would also be Mac os watch os TV os on top of that. So but that's dates they already did the details back WDC. They might announce that they're going to announce iphones. Who knows I guess we'll.
Fresh update on "nikkei" discussed on Bloomberg Daybreak: Asia
"Minutes past the hour. We update markets every 15 minutes on Bloomberg Radio. Treasury Secretary Steve Mnuchin says that he will talk with Nancy Pelosi again tonight. We thought it would be tomorrow. It's denied. Mnuchin says a stimulus. Steele is in the neighborhood of 1.5 Trillion to 2.2 Trillion, so that suggests more flexibility than what we thought just 15 20 minutes ago. And right now looking at the Espy, Minnie's, they have moved up 2/10 of 1% future's looking pretty solid here in Asia. I won't run through all the number is a number of market sort of closed today for holidays. Suffice it to say it looks like the Nikkei will open 300 points or so to the upside. Once we get going, I mentioned that Ali Baba had gained more than 6% overnight. Alabama four seasons Cloud service, his.
Stocks rally in Europe, US trading closed for holiday
"Let me take you to the markets this hour as it's just 602 A M here in London. As of this. LF we saw the biggest two days elephant shares since last week, didn't we? So also the worst week for NASDAQ stocks. It's March this morning, though, actually, stocks do seem to be recovering that calm. S o in terms ofthe the Nikkei 2 to 5. We're down. Yes, 4/10 of 1%. But it's not that service 300 also dropping 4/10 of 1% as self back is the second heaviest waited stock on the neck a 225 and that has lost almost 10% in just a couple of sessions will delve into why that is in a moment. US. Markets, of course, are closed for the Labor Day holiday. So if you're still listening to us in the US, I hope you have a great day off to be 500 Features are down 3/10 of 1%. They're for the European market. Open your stocks 50 features up by 9/10 of 1% in bond markets. Of course, this week we get the B decision. Probably there hold rates. But will the guard mention anything about FX and the strong euro. That is what we're going to be watching for in terms ofthe bond yields right now. Us yells at 72 basis points. We had that U. S employment data fairly mixed on Friday, but still on some measures better than expected at the dollar this morning is slightly stronger, Ted the lumps and I mentioned the Pound will cable We're weaker 4/10 of 1% 1 32. 30 and oil crude features down at $39.23, the boss actually sliding 1.3% this
Japan's Prime Minister Shinzo Abe announces his resignation
"We have political news out of Japan. Prime Minister Shinzo Abe is stepping down. The resignation is due to health reasons. And it brings new questions about stability in Japan, Herewith Maura's Bloomberg's Isabel Reynolds in Tokyo before I came into office, we had a series of six prime ministers in his many years, but he brought a degree of stability is the top and he brought this focus on the economy. He brought in things like unprecedented monetary easing, He weaken bien and that have Japan's export is so there was stability. People knew what to expect from Abby. The problem is, we don't quite know who's going to succeed him on what to expect from them. Shinzo Abe suffers from all sort of colitis, a condition that's worse and by stress. Stocks in Japan fell on the news. With the Nikkei ending the day down. Nearly wantedto have
S&P 500, Nasdaq finish at record highs; Dow ends in the red
"On right now, China the well the Asian markets journey particular Chinese markets seemed to be on a bit of a downbeat. That's despite a rally in global stocks that still within a whisker of ferries all time high as investors. Khun looked about the pace ofthe recent gains right now. Chinese stocks I said, leading the declines in Asia the looking to Japan First, the topics is down. 1/10 of 1% Nikkei Down also attend the 1% of the Hang saying down almost 2/10 of 1% C s. I 300 down. 1.1% Shanghai comp the same So definitely a push there from China in terms of red on the screen. But looking to the European opening stocks, 50 futures are stronger. 10th of 1%. German futures also US features a bit more variable than the 500 absolutely flat right now, the Dow down by 1/10 of 1%, but the NASDAQ Not by 1/10 of
Archdiocese Of Chicago Asks Parents To Sign COVID-19 Waiver Ahead Of School Year To Prevent Lawsuits
"If you need it sponsored by the Prince George's County Health Department, Maryland Department of Health and Samson Democratic Convention of the top of the hour in the CBS World News roundup. But at 6 53 now business news, Good morning financial editor, Len Walter. Morning, Patton. Thank you. Ladies and gentlemen stock index futures moving a little bit higher. They're kind of tired here, though, after solid earnings from retailers came out Right now, The Donald Future is up 42 with the NASDAQ Down 90 S and P A pony for lonely points targeting lows a day after the S and P 500 closed at a record high, confirming the fastest recovery from a bear market history targeting lows doing well. European stocks. Rosa's Wall Street's record high outweigh jitters on growth and Japan's Nikkei ended in the green. Well, the dollar was little changed. Gold fell below $2000 announce. Right now it's
U.S. stock futures stronger after a down day for the Dow and S&P 500
"Very much. It looks like kind of uneventful start to the trading day here. Nikkei Futures are flat at the moment. We have a little balance underway in S and P Minnie's trading, up about 2/10 of 1%. China futures down about 7/10 of a percent modestly higher for Australian futures HangSeng Index futures after a Pretty solid day yesterday, down about 2/10 of 1% on Wall Street. We had a flip. We had a day where it looked like cyclicals and value really came to the fore. The NASDAQ was trading lower. The Dow at one point up 360 points. About two o'clock We started trending lower. In the end, the Dow finished down about 104 points, off 4/10 of 1%. Yes and P 500 finishing up a 33 33. Down 8/10 of a percent. The NASDAQ with a big loss of 1.7%. Money did flow out of the big technology names and we had Apple alphabet Facebook all trading lower. Some traders side comments from the Senate Majority leader Mitch McConnell, saying that stimulus talks We're at a stalemate. But there was also some thinking that the S and P 500 was just running out of gas getting up to all time highs, and it slipped back from that The dollar is weaker. Now it's trading down about 1/10 of 1%. Dalian, 106 49 She's got a weaker yen there to yield on the 10 year had quite a pop up to like 66 basis points. Now at 64 crude $41.64 a little bit uneventful, But the day is
U.S. stocks finish higher after stronger-than-expected jobs report
"US stock index futures and European stocks drop on Friday as investors responded to a reported conflict among European Central Bank policymakers over a stimulus package for the U, as well as political upheaval in France, where President Emmanuel Macron is named. A new prime minister in Friday trading. US markets were closed for the holiday in Europe, though, where the foot C 100 down 1.3%. The DAX in Germany was off 6/10 percent. Japan's Nikkei rose 7/10 of a percent. U. S. Stock index futures did trade on this Friday. S and P 500 futures dropped 4/10 of a percent
Virus second-wave fears rattle markets, stocks fall
"Tom fears of a second wave of corona viruses sending stock futures lower now they have improved a few hours ago the Dow futures were down nine hundred points right now Dow futures are off about four hundred and sixty four S. and P. futures down forty seven stocks are lower overseas in Japan the Nikkei was down three and a half percent down about three quarters of one percent of London
Asia Pacific stocks mixed as China's inflation data misses expectations
"Hundred you Florian Asia appears to be wearing off stocks in the region finished today's session mostly mixed numbers really at Sally joins us from Singapore with the details good morning Julia good morning Karen the China X. index of small cap stocks listed in China rose nearly one percent while the broader CSI three hundred because lower by two tenths of one percent with data pointing to slowing inflation south Korea's KOSPI gained a third of one percent to close at a four month high and so despite the nation's jobless rate rising to a ten year high Japan's Nikkei two to five index closed above twenty three thousand points with the relative strength index now showing Japanese stocks
Oil down on stronger dollar, oversupply concerns
"And gentlemen stock index futures on the road this morning investors focusing now on the federal reserve's two day policy meeting Dow futures down two hundred seventeen point about a hundred points off the lower earlier this morning nasdaq down thirty nine the S. and P. down about twenty three little bit of a different reading that we've had for the past couple days European shares falling dragged down by declines in the cyclicals in Asia Japan's Nikkei down automakers and your related companies leading to drop the Australian dollar slipped after China's education ministry warned students to carefully consider studying there amid tensions between the trading partners the dollar was higher against a basket of rival currencies gold is rising on increased appeal for the safe haven metal gold futures up eight ten hours to thirteen thirteen thirty oil prices in the red though dragged down by oversupply concerns after it was announced that a trio of Gulf producers would and voluntary output cuts crude oil futures unchanged right now at thirty eight nineteen they were down about thirty three cents about five minutes
Nikkei rises to fresh 3-month high on recovery hopes
"AFN markets and shares advanced in Asia today Tokyo's Nikkei closing at its highest level since late February gaining point four percent after opening lawyer the hang Seng in Hong Kong surging one percent after authorities showed restraint as thousands defied a police ban to join a candlelight vigil Thursday marking the thirty first anniversary of China's crushing of democracy in Beijing's Tiananmen Square
Crucial week ahead in Brexit negotiations
"Budget negotiations resume next week on the future relationship of the UK and the U. I'm increasingly acrimonious relations between the top Brussels and London to go cedars for more on this let's head to London and bring in Bloomberg daybreak Europe anchors Caroline Hecker and Roger hearing as you open the U. K. emerge from the coronavirus lockdowns and neither side really expecting significant movement next week the risks of a rupture well the the new deal a growing well for more on the left which owned by UK government editor of Bloomberg Tim Ross Tim first will the talks have been going on since March and the two sides are pretty firmly focused I guess you never to be on the pandemic Roman thing else say what can we expect we the end of next month in order to make enough progress opportunity because while keeping getting a cool let me actually pretty well schooled under the takings of difficulty cost each other but there is still quite a balloon in dissemination among education please try to make some progress is just a I finally feel like we all got together and I think in that might may need to be more of a political moment because of the crisis a crunch one three five seven cool anyone is prepared to make any compromises both sides thank you memories of U. K. as being a member of the bloc to somewhat seems to be fading the negotiations of a surge but also for the European Commission and use feel compadres the slump the recovery is you're moving on from brexit altogether yeah I think that's huge amount of protection with other things in a completely see the device to Mexican can recession than anyone can remember Nikkei average in Europe and a huge amount of Pakistan will never come only from seventy seven to fifty a year I wish which is taking something together thank you the leaders of south of north thank you about brexit but crucial I think what happened when he saw the brakes the last year this was one we could protect them and brought another voice Johnson gets the two gether deciding politically but they hope to act even greeting letting go it will take us inside the Boris Johnson's side of old vase because again locals on his plate apart from this but the some suggested you may go to Brussels at some point even personal protection is there an appetite on the UK site thirty one the steel okay I think he he one of the things about the minute that you don't have a sense of personal stake in brexit in a way that helps to regenerate she said he wanted the but couldn't go on all he was practicable might actually love it is the only Irish but still with the European Union and the access I think your question all right think you're tough negotiator incentives within the issue the pretty helpful in the way that you could see the things that the opinions on the date and time consuming to make on this call he didn't have a majority now she could have lost it a number of people but they'll leave the light yeah okay but he he he he might he might be willing to compromise not she it turned out to be because the cabin now Dr whatever reason he takes Commons which is not available to you my only questions the mafia so you think you want to deal with eagles save quite clear that the transition period must end of the end of the year that would be any extension if that means they will try to do the tools of the trade bait and the discussion is about whether the U. K. goes to W. T. a rules effectively for trading with the E. U. unpack that what does that actually mean well what we need published as compared angels will try principle in the street yes on dealing with the cold certainly the supply old countries around the rest of the world it was the least he could be a live coverage would be it's called the OPC the task that the government is about the best of both parties well there are quite a lot of cotton ball well flat coming down on a constant it would involve the position of a local charges I think I used to use we will be the kind of issues that come into focus the end of the year when the deadlock but she's in the pharmacy and the economic at that level negativity guide economic current laws will obviously be aware of this or not good night electrical heat on the audience high risk coming all right here the company they didn't think same time too because there is a what what the government has been trumpeting in the past the prospects of deals in other places not least of course with the U. S. is that something that they can pull out the same beliefs regardless he could be quick because I was struck by the language that by phone because health deal with US yeah Terry interesting is one that we will watch thank you so much for joining us predicts tentacles that
Global equities dip at end of best month since 2011
"Amazed markets okay strange national database of believes all day today but we are seeing some light in Japanese and Australian equities Nikkei falling more than three percent in Japan all the equity slipping four percent U. S. futures also pointing to a significantly lower it's so great comments from apple and Amazon about the coronavirus impact in spite the fact the global stocks actually posted their best month since twenty eleven April the risk of times pushing treasury yields down more than two basis points to sixty one basis points also yields slipping one basis point to eighty eight basis points this morning to bring back its bid up four tenths of a percent again gaining one tenth of a percent to one seven this morning otherwise G. ten currencies weaken that dollar strength Aussie and kiwi dollars bearing the brunt of those laws that loss is the only down nine tenths of that the kiwi dollar down six tenths of a percent well see standing slightly weaker as well at one twenty five you're holding at one and only one I'm really keeping an eye on is actually the offshore wind down one percent at the moment plunging to pull data from Japan and South Korea which really showcases the pandemic impact meanwhile oil is headed for its best weekly gain in a month production cuts are taking effect today so W. T. I. currently trading just below nineteen dollars a barrel gold meanwhile headed for its largest weekly decline in seven weeks as Europe in cities it's lockdowns currently down half a percent at one thousand six hundred and seventy seven dollars a
Dow ends up over 359 points as economies make plans to reopen
"Morning European stocks are mainly higher this hour the footing is up almost ninety five points Asian stocks lower the Nikkei down by twelve points one point five percent gains Monday on Wall Street the Dow closed up three
Asian shares cautiously gain on hopes virus is slowing, dollar slips
"Good morning airlines of back in the spotlight now with virtually all the major carriers now slashing their flights in and out of New York by about ninety percent of the airline stocks to come under pressure again this morning we see American shares are down around nine dollars delta down about six percent United shares down about four percent billionaire investor Warren Buffett revealing he sold some of his delta airlines stock recently the airline stocks are moving lower but the overall market taking off your with the Dow right now but thousand points we're back to twenty two thousand thirty two this time and hopes that perhaps the corona virus pandemic is starting to stabilize and some parts of the world we did see a rally overnight in the Asian markets the Nikkei gaining about four percent and also rally under way in Europe this morning right now all oil continues to be very volatile with the meeting said between Russia and Saudi Arabia apparently being delayed to resolve their price war right now oil down about six percent after jumping around the two extremes last week got as low as twenty then shopped around twenty eight dollars a
"nikkei" Discussed on Bloomberg Radio New York
"S. equity futures turned around in our trading higher now so a little bit of relief fund to weigh about eight tenths of one percent also Nikkei futures moved up one point three percent from lower levels but the cash markets as they are trading at the moment are decidedly lower in Sydney the ASX two hundred is down three point three percent the Australian prime minister Scott Morrison said that this outbreak could hit Australia's gonna be harder then the global financial crisis at the same time he is preparing to unveil a multi billion dollar stimulus package he tried to soften the blow Italian prime minister Decepticon today saying that he will extend some of the restrictions on travel throughout the rest of the country and the world health organization saying the threat of pandemic is very real so there's plenty of negative commentary out there on relief South Korea will announce some measures including a temporary ban on on stock short selling according to the mail business newspaper so we're waiting to see what happens with that some of the other numbers that we do interestingly see China equity futures up one percent contract is not active though and Dalian has moved off the strongest levels for the M. one or two forty two now the yield on the ten year note trading at the moment but fifty four basis points so we did come up from the thirties to low thirties there in the U. S. session not sure anyone's cheering but it's at least a sign WTI crude his positive up more than two point one percent thirty one eighty one apparel let's check of markets let's get to the news that Baxter Jeff Francisco at our Brian thank you Elise prime minister Sepik Conde says he will attempt to extend the lockdown nationwide one third of the country had been locked out he wants to go nationwide now he'll call it stay at home the number of coronavirus cases in Spain has doubled W. H. O. executive director Dr Tedros Ghebreyesus says the threat of pandemic now is real president Donald Trump says his administration will go to Capitol Hill tomorrow to discuss economic issues payroll tax on the table relief for airline and cruise line industries New York state has seen increasing cases from one hundred five to one hundred forty two day today new Jersey's governor has declared a state of emergency in front of an expected spread in the state St Patrick's day parade South Boston canceled prime minister Scott Morrison says the impact the corona virus outbreak on Australia's economy could be greater than the damage inflicted by the global financial crisis the cruise ship grand princess is docked in the port of Oakland the process of removing the passenger should take three days north Korean leader Kim Jong un as according to state media guided another strike drill of long range artillery subunits and former presidential hopeful Cory Booker has endorsed Joe Biden six states vote tomorrow in the democratic nomination process in San Francisco I'm at Baxter Kathleen at thanks so much let's get right back to George ball as an age group CEO a man who has a seen it all and done it all I think in financial markets over the years still going strong here you seem to be your message is that I love the fact you just talked about the algorithms moving trading because we look at some of these moves and they seem pretty crazy and if I look at a ten year note going down as low as like point three point three one trading whether on point five seems to be at some point this thing is going to turn it's gonna turn viciously unless we really are going right off a credit cliff what do you see George Kathleen I think that there is a there there Hey there's an imponderable in the market dead as I said in the previous segment these people shouldn't trade right now if you're a traitor to good time to stay on the sidelines the underlying question then in in the the goodness that Doug asked as well when you get off the sidelines induced do something let me be too specific with the caveat that by specificity it is more indicative rather than as the clarity of this it seems I don't think you should trade the markets until the Vicks is under forty and have hasn't fluctuated by more than a range of five percent for three days in other words it wait until there is a degree of normalcy in terms of how investors and traders and how the world is shaping the markets right rather than the contagion panic the motion of the moment so we can chill there's some degree of stability think back between the end of the year and probably mid February the volatility in the market was quite slight even though there were a number of things happening the world fairly major importance hence to trader wait until the markets are saner more rational of not is algorithmically driven and at that point take a view and you can reenter if you if you think that prices values are right so where does volume come in as a part of the story when you're looking I guess for what you're describing is some form of capitulation I mean we traded more than seventeen billion shares today you look at the ten day moving average just in volume terms and were higher now than right around the meltdown in two thousand eight see the underlying factors is that you will know seventy five to eighty percent of all trading is is done robotically is done by algorithms and probably fifty percent of all volume is algorithms trading for for profit rather than to facilitate trades today rather than being market maker type types of things I think volume has to subside therefore it does for the rational trader and and more importantly the rational investor wants to re enter and re orient their portfolio also short you can rebalance or look for a company you know with good you know good management and everything that's much cheaper your your implicit point is is there is a very good one if you look at the markets today there are quite a few stocks that are cheap they're they're not only cheap relative to their recent highs they are they are quite inexpensive relative to either their growth prospects there management there their normal price earnings ratios or light and I think people want volatility subsides could combine those with a high degree of confidence which are you allowed to give me the name of the company which is in that category very quickly very quickly I I I I would say is that M. ndez buys products immuno therapeutics the three that meet that test all right George Paul thank you so much and have also remember that one as a major group C. E. O. thank you for joining us we're gonna keep looking at the market see what happens next this is and now another addition of obvious news from geico experts now say that wearing more clothes in the winter will in fact help you be warmer we asked called victim Trent Patterson about this and here's what he said it was the weirdest thing I I was.
"nikkei" Discussed on Bloomberg Radio New York
"Ready the corona viruses it spreads just looking at the big big time all this morning to pounce topics of the Nikkei two to five not a race that year to date involves the markets are getting with you are absolutely people suggesting this could this could be the black swan event they've talked about that could puncture the the kind of believe in all of massive stock rallies of the beam I feel that this is the beginning of twenty one to many people had full could happen but coming from a source no one expected no indeed well let's hope it's a not lots but we'll bring you all the details about current of on of her wrist in a moment in the meantime let me bring you up to speed in terms of the markets of course Chinese markets all close for the lunar new year but the a foot see China a fifty features have tumbled more than five percent so that gives you an indication of a sort of market sentiment also S. and P. five hundred futures upon small the one percent the Nikkei two two five at the moment is currently down by two percent just over two percent the topics down by one and a half percent I treasuries of also jumped Henney yields falling as much as six basis points to one spot sixty percent so in terms of yield right now we tried it once full six three so hovering around that same level down about five basis points at the Japanese yen at a three week high currently at the entrance one eight nine four zero four so we could two tenths of one percent and in terms of the commodities market of course hit by concerns around China's economy on features extending that lost a six percent and WTI at the moment down currently two point four percent of fifty two dollars eighty six and Brent crude a fifty nine twenty nine so it's having either a widespread impact to what do the markets that we should emphasize over the edge among schools closed all the new new all these are the the volumes on their own but let's now look at some of our top stories because China has extended the lunar new year holiday to favor the second to try to limit the spread over the virus that came from Wuhan Bloomberg's Brian Curtis has more from Hong Kong the most shocking revelation so far Wuhan mayor Jochen Wong said five million people left the city before the lock down on travel that spook markets Chinese premier Li could Chung is visiting will hunt today to assess conditions on Kong has moved to bar all entry of travelers from who a province where woman is based in the government here raised the response to emergency shut down Disneyland in ocean park and canceled the marathon in on Kong brand Curtis Bloomberg daybreak Europe now as fit is deep in about the rising impact of coronavirus Saudi Arabia says that it is closely monitoring the impacts of oil markets according to Saudis energy minister APEC plus has the ability to respond but so far he says there's been only a very limited impact on the moans and as I was mentioning to retail what she slid as much as three point eight percent to an idea trading well turning to try the U. S. is focused on getting a trade deal with the U. K. this you know that's according to the treasury secretary Stephen the nation last week we chose to such a job it said any deal with the you would take precedence over in accord with the US but speaking at the Chatham house event on Saturday in London many chin said a lot can be done at the same time will be certain issues that perhaps they need to resolve with the E. U. before they finalize our group but I think a lot of a lot of the issues can be dealt with simultaneously and again we look forward to continuing a free trade relationship that was the US treasury secretary Stephen in action but will the two nations have also class this week over a you can't plan to impose a digital services tax on internet Johns in April and also the imminent decision on whether to allow Chinese firm wall way of role in Britain's new wireless broadband networks no clue to the Financial Times the because expected to approve a restricted role for awhile way in its five G. network well considering a cap on the Chinese company's market share in the U. K. a final decision is to you on Tuesday Roger that is what's going on if you can of course this is the week that Britain will be leaving the European Union it is also the lost me sing for the governor of England bank bank with a hot mom colony which I she could be really quite dramatic this week and Justin in other uses words also the signal a chance to select what you might call a a big week yes now the U. S. ease gearing up for its busiest week of earnings forty percent of the companies in the S. and P. five hundred will report on the final quarter twenty nineteen I'm big tech will dominate Bloomberg's Danielle cuff Culbertson has more from San Francisco when apple reports on Tuesday will find out how popular iPhones iPods and other devices will over the holiday period will also get a better read on the company's shift to services and how the apple streaming services taking on rivals like Netflix Disney plus an Amazon prime video thing Wednesday Microsoft and Facebook release results for the social network some analysts say Instagram will continue to be the main driver the ad revenue Tess was also app with numbers Wednesday the electric com Michael will have to convince investors that the stocks record highs since mid December a no fluke and then on Thursday it's Amazon's tune we'll find out how the company's promise of one day delivery affected its bottom line in San Francisco on Danielle Culbertson Bloomberg daybreak Europe the world will bank of Scotland is planning to eliminate thousands of jobs at its not Wes units that's according to the Sunday times is part of cost cutting measures ABC by the newly appointed CEO Alison rose the newspaper says one I did being discussed could see three thousand seven hundred retail banking jobs cuts according to the times and I'll be a spokesperson said the bank did not recognize the figures German prosecutors are investigating two former Deutsche Bank employees for allegedly paying more than one million dollars to secure the wealth management business of a senior Saudi royal that's according to an F. T. report the money transfers are made in twenty eleven and twenty twelve other perks include the seminal artist Swiss ski resort the bank told Bloomberg it since put in place measures to ensure there are no similar breaches and now finally this week the head of some of his state power company will present a draft plan on changing how it operates S. cold has more than thirty one billion dollars of debt and the cost of servicing those lines is hot than the revenue that it generates a local media reports that the new CEO is considering breaking up the utility at a slower pace than the government wants a huge story of course dominating the south African economic agenda originally laws it lost we we have the head of net bank saying he's the CEO of a school was the man for the job interesting right let's get the latest on global use his Bloomberg in.
"nikkei" Discussed on 860AM The Answer
"And open up you live you wouldn't be the police which is now now I'm no more a policeman and you are old man college the welcome that for calling the old man he he prayer behind the sofa we have a million to look at him Nikkei creek cloak then Gary how may be stabbed in Concord maybe even shop for all I know for all I know maybe you've got a gun with an empty chamber for online the middle of the business day lately the twenty third of business are you in Irish any so bright when the job is proved and the police go after the ball to put it I make an angel and angle after the swag or at least activists I think what the flag here Collins one night and left this four hundred grand in your hundred now I'm afraid you'll find the old man a few cents short okay them not early how do I am now you don't care right I brought you here I'm here about the old power of course you want to buy certainly don't you Hey maybe you're not being Q. maybe you really don't know about that about five and they'll I am green with envy twenty four so you come through that door I couldn't tell Oberlin the more competition they hear not mind bending Latin greatly relieved Turner's competition and that thing yes the Kerner his of the doctrines are nothing compared to it who in the I got here just a minute before you let the old man was dead tonight right beyond that only know okay right call the doctor no no no Hey they say all right it's too late you're gonna tell you Mister he on and the the manta car what and I guess I'll have to try another angle one pretty dead Hey.
"nikkei" Discussed on Bloomberg Radio New York
"Japan's Nikkei two twenty five sank five percent falling below twenty thousand and into bear market territory in China. The Shanghai composite fell two and a half percent before recovering to a loss of less than one percent. The worst Christmas Eve selloff ever on Wall Street left US stocks on the brink of a bear market. Bloomberg's Charlie Pellett fills us in by the thinnest of margins the S and P five hundred was spared its first twenty percent decline since two thousand nine a period that spans two presidential administrations and three Federal Reserve chairs investors hoping for. Respite from volatility before the break. Got yet. Another powerful doses. The equity selloff that has defied every hope of ending showed itself. No respecter of holiday cheer of the end of yesterday's abbreviated session. The benchmark gauge for US equities sat at twenty three fifty one down nineteen point eight percent from its September. Twentieth. Close and just seven points away from a bear market threshold. Charlie pellett. Bloomberg radio Nissan is updating its corporate governance code a month after the arrest and indictment of former chairman Carlos gone as part of the new code Nissan, revised its cross shareholding policy, and it reserved the right to sell it stakes in Renault and dime lower. The statement was released on Christmas day when the offices of its European partners or closed mobile news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Larry kofsky. This is Bloomberg..
"nikkei" Discussed on Bloomberg Radio New York
"For twenty seven past the hour abroad rally in, computer tech stateside this was after Morgan Stanley issued an upbeat report on both Amazon and alphabet now the NASDAQ. Composite hit a fresh. High we were up about one percent the NASDAQ one hundred along with the s. and p. five hundred and the. Russell two thousand also extending records and. On top of that we had an upward. Revision in the GDP number four q to. A growth rate of four point two percent the initial estimate was four one so a modest revision we also learned second quarter pretax profits for American companies climbed seven, point seven percent compared to last year long term interest rates barely budged the yield on the US tenure last quoted a two eighty eight crude oil was up in a big way in New York. Trading WTI picking up about one night One point seven percent I think that's fair to say the, word, of a, larger than expected drawdown in crude stockpiles was the. Reason why slippage in the dollar with. The Bloomberg dollar spot against the majors well actually the index was down two tenths of one percent. We've got a few of the majors within the index the n. weakening by. Four, tenths of one percent one eleven seventy. Four and that's giving a boost, to Nikkei futures trading in Chicago the active contract twenty three thousand ninety five which is let's call it now. Maybe a hundred points above, where we were in the cash market yesterday so we're coming back a little bit the closer we, get to. The Nikkei open Salesforce dot com. Signaling strong demand for. An expanded line of cloud products the revenue forecast going forward topped estimates, but the company sees some FX headwinds for the remainder of the fiscal year and the stock right now off. About four.
"nikkei" Discussed on Mac OS Ken
"Parents who parent them spend healthier amounts of time tied to devices updates to included odds such as stocks, news, weather, and Boyce memos series shortcuts me Moji third party map support for carplay and general performance improvements. I o. s. twelve is due out this fall. If things go as expected, that'll put it on phones an ipad new end old. By the end of next month. Apple appears to be facing trouble in Japan. Apple insider says, the Cupertino company is being examined for possible anti-competitive moves against a game platform run by yahu and the land of the rising sun. The piece highlights our report from the Japanese business site Nikkei saying Japan's fair trade commission is acting on reports that apple leaned on business partners to not cooperate with the who platform from which Yahoo has sent pulled back. What exactly did to apply pressure has not been reported. If the allegations are true, they'd also be ugly and they might type back to the screws. We discussed apple tightening on services earlier this week. It all seems to center around game plus which Oppal insider describes as an effort by yahu Japan to launch a web based gaming platform. The idea was for game plus to put games online, monetize data collected from users. And eliminate the need for apps, but selling or renting access to games as a large part of the revenue. Apple generates in services. And so, yeah, who Japan says apple started leaning on partners to lean away from game. Plus with a lot of them are said to have done. Yahu has sent cut its budget for the platform and mostly stopped promoting it according to the peace. Apparently still feeling a bit of a sting while Japan's FTC is looking into the situation at a likely be handled in a friendly manner. The pieces SoftBank group has stepped in as a mediator..
"nikkei" Discussed on Swift Unwrapped
"Do you think people are more or less likely to bump into like unrelated issues if they're trying to learn data structures algorithms if they're learning it with say python versus swift but i think one of the advantages of programming is like you said the swift playgrounds because you can just run that on the i device on you can pretty much mobile you can take anywhere you go so yeah interesting yeah so you see that interactivity as a a positive for bright learning these fundamental concepts yeah and then opens a lot of doors to like lot of younger kids because younger kids aren't really gonna use computers anymore right everything's going mobile now so swift playgrounds i mean i think that's a good first step it opens a lot more doors to kids learning how to code program is do you have a like a playground companion to this book or is that something that you've thought about doing because i could definitely see where let's say you have a linked list data structure and the nikkei visualize that in a playground somehow like if you based playground and then the user can call operations and then he could maybe see like steps for what's actually happening when you insert an item linked lists store same with like a some sort of graph structure and searching that graph right i think kelvin we i initially when we first plant this book we were thinking about doing some interactive playgrounds right yeah that that we try to dabble in in the idea but quite a lot of work sure well we're some challenges you guys ran into that.
"nikkei" Discussed on Bloomberg Radio New York
"Update while shooting here in hong kong has some of the top stories making headlines roslyn brian the house intelligence committee voted to release a classified republican memo with alleged bias and counterintelligence abuses and governments of billions of people surrounding president trump democrat and fifth set the majority republican panel decided to seek release of the memo on a partyline vote but refused to disclose a competing memo written by democrats the deputy director of the fbi said you have quit earlier ahead of his formal retirement in march andrew mccabe has been a target of criticism from president trump who claims he was biased towards hillary clinton in the 2016 election and here in on call the new justice secretary apologize to the public ever controversy about illegal additions to her home theresa chang has refused to step down saying she has determination to perform my duties as secretary of justice global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries and uncle iras lynching this is bloomberg brian thank you very much for rossel fickle at the media review now from the nikkei that japanese broker dealers are starting a consortium that is dedicated to driving the adoption of block chain technologies and some other innovative technologies in the industry the nikkei not saying word caught the information or the shanghai securities news that the chinese regulators asking some big banks to curb overnight lending to nonbanking institutions it's move is aimed at preventing these nonbanking institutions from boosting leveraged operations with overnight fund ding and here's kind of a fun one it's not really outside media is from bloomberg sir robert burgess writes in the 1990s the democratic political adviser james carville said i used to think that if there was reincarnation i wanted to come back as the president or the pope or maybe as a baseball hitter hitting four hundred but now i'd like to come back as the bond market you can intimidate everybody right now looks like bonds have the rest of the financial markets pretty well intimidated with global stocks falling the most since august and that on that move on the yield on the.
"nikkei" Discussed on Bloomberg Radio New York
"The hour here on daybreak asia let's get you caught up on market action in the states we had the equity market advancing to records the dow the sp the nasdaq finishing at alltime highs now we did have the minutes from the fed meeting this is the december meeting they show officials really favor a gradual rate hikes nothing new on that front overall i think the market still seems to be discounting the effects of the tax plan what it means for earnings and stock buybacks we had energy out in front given the price of crude moved tire a lot of speculation going into the new york road closed at the nymex that we would see the government or rather a private survey showing a drop in oil in in tories and indeed after the market closed the api report showed a drop in crude stockpiles right now wti sixty one eighty five futures on the nikkei showing we could see a two percent pop in the cash market for the nikkei at the top of the hour the nikkei has been on a long long holiday and got a little catching up to do right now in sydney a sx 200 better by nearly four tenths of one percent over and the bond market us 10year treasury actually dropped about two basis points in yield kind of curious given the fact that we had higher crude prices and a stronger than forecast reading on manufacturing from the ism their december index in december the we were saw oversaw the fastest growth that we have seen in the ism manufacturing index in about three months at the same time the prices paid component that's actually a sub component rose to a stronger than forecast reading of sixty nine bloomberg dollar spot index in the new york session was up twotenths of 1 percent are up right now about one tenth of one percent dollaryen one twelve sixty one so we're seeing a little bit of weakness in dollaryen and that's only going to support overseeing in terms of futures for the nikkei 225 off to san francisco next for an update on global news had baxter in the bloomberg 960 newsroom with the very latest steady doug thank you northsouth korea of open a hotline testing the system in an attempt to be ready for possible talks between president moon north korean leader kim the white house commenting on.
"nikkei" Discussed on KFI AM 640
"And his been what we call the galactic centre we have had a stock market either a major correction or what you would call a crash and it's just been going up and up and up with the hope that the the corporations are gonna get this gigantic tax break and and as i said the financial markets are in the hands of the very few people historically it has never been concentrated in the hands of so few people as where it is today uh so i i say as his astrologer debt he may be i've not sure about japan i think that the japan is coming into a very difficult cycle next year i predicted that the uh the collapse of the nikkei uh it way way back in uh attack we bought puts on the nikkei packet 1988 and in 1990 did 1992 that the nikkei collapsed basically or a crash uh and then i predicted this who nominee and the earthquake uh i think japan is a major trouble and japan is it a very very difficult psycho the position of pluto is hitting a critical point in their chart uh i also has have been telling my clients watch out for a major selloff on wall street this month between now and the end of the month now i don't know whether it's is it these things are gonna be the catastrophic proportions uh uh david that that you suggest but astrologically speaking you may have a point that something had happened to set the software will monitor since easy to find a track isn't it linda yes a richard let me ask you this too as you look at this as an analyst as an analyst do you get the vibes in half to make guesses with the data or how do you handle it good question i mean uh it's a little bit of both the mean yes i hit hard data and i have to interpret it like any diagnostics and since we only have data up until the point we're looking at doesn't tell us about the future but inspector where the cycles and yet it's also looking at human behavior how do people react as information against influence them answer you're you're caller ins uh uh question about this is very relevant to what you do say asked which is uh information has momentum it.
"nikkei" Discussed on Bloomberg Radio New York
"That we're getting japan and south korea underway of course the us president is their entire were just beginning to program at these headlights of coming in thick and fast here donald trump wasn't supposed to visit the dmz he said then that he was gonna visited by surprise and now he's actually scrapping that idea altogether that the woman that's the latest headline that's coming through the bloomberg terminal right down it's about two hours ahead before the us president is scheduled to speak before the south korean parliament bryant yeah and then get on to beijing later today so it's kind of interesting because we weren't really expecting that but then this must have just come up kind of briefly and the now it's been scrapped anyway let's take a look at them market some we we mentioned that the nikkei spent on quite a torrid run of laden looks like go were today is a day of cooling off a little bit here in the asia pacific it would seem that all the futures is suggesting a pronounced downside bias and little cooling off might not be too bad david was just saying that half the stocks in the nikkeiren overbought territory any way and of course we had a huge gain yesterday three hundred eighty nine points so we're getting back honored and fifteen this morning twenty two thousand eight twenty two for the nikkei index also had a big day essary of three ninety seven pushing four hundred points ten cent with a big rally fourteen dollars up three point seven percent so we might see a little bit of give back today to because the hang seng index futures which haven't been traded in about five hours is so anyway there they were showing a loss of about half of 1 percent us stocks fell investors turning their eye to tax policy more differences seem to be emerging making it difficult to ascertain what the senate version will look like the tax since it russell 2000 fell one point three percent the smp 500 was down less than a point the dow actually managed to eke out a fractional game and we'll tell you this more on this in a moment's snap missed on some of the estimates in the stock was down about seventeen percent in afterhours trade briefly dahlia want 13th 75 the euro's trading a little weaker at a dollar sixteen.
"nikkei" Discussed on Bloomberg Radio New York
"The exception being tokyo but even there with the nikkei futures on the chicago contracted twenty two five eighty that's higher than the cash market closed yesterday so i think probably will see a mostly positive day today uh 34 minutes past the hour here oh yeah looking at the nikkei right now it's up five points so twenty two thousand five fifty three and interestingly was get a break underway for the air six two hundred with the australian market uh isn't ferrying really well over the past couple of months but david as i was pointing out early if you look at a year today chart of the ends that action is eal and it's just a a work of art a thing of beauty not so for the sx 200 although it has really come alive here and as as you pointed out we're back to two two thousand eight levels your looks like we'll push above six thousand perhaps in the next day or or two uh so yes and market tell looking up the reserve bank of australia meet today it's expected to keep the cash target rate unchanged at one and a half percent the dollar fell a bit so the end was a little bit stronger but we've been tracking about thirty bibs this out of one fourteen for a while now one thirteen seventy five at the moment so nobody's getting too scared about the yen's strength there and the hero is trading at a dollar sixteen the australian dollar seventy six point nine us cents what else can we talk about crude oil prices pre firm yeah brent crude sixty four twenty seven and that's up that was up twotenths of 1 percent little slippage into t i now 57 2003 who mentioned that the yield on 10year at two thirty one the yield on the twoyear at one sixty one so a further shrinking of that gap a further flattening of the curve oil or rather gold at twelve eighty and bitcoin now back over 7000 at seven thousand and sixty three dollars per coin one one of the point about trump mr trump travels or is in south korea today on november seven he'll meet with american and south korean troops at camp humphreys love bilateral meetings with president moon jae.
"nikkei" Discussed on Bloomberg Radio New York
"Well let's flow into our our daybreak asia media review where we look at some of the stories outside the terminal here's here's a good one from nikkei that one cheese sean has expressed at desire to step down at the communist party congress next month wonky sean is kind of the one who's been advising the president on the crackdown against extravagance and corruption and he really one of the most eminent of the apparatchiks in the communist party he sixty nine years old and those sixty eight her older normally stepped down but president she has apparently been trying to talk wong into staying but nikkei says that uh many in the party are opposing the idea of of wong bending the rules and so it seems like now at least according to nikkei wong himself says he will step down as very very big in china now here's one that tesla is to stop offering its cheapest model s option after september 24 this comes from business insider citing a person familiar model as 75 with the rear rearwheel drive so that's one thing if they stop selling debt and if you're wondering why tesla actually fell two percent it might he could be because of this dime lower plans to spend a billion dollars to start production of mercedesbenz e these at his factory in alabama so there you have the world's biggest luxury carmaker going headtohead against tuzla on tesla's home turf okay that's a check of the media david to you thank you brian roy right so we're about 24 24 hours a ready in two did i love me central bank decisions we spoke about of course in thursday from the fed to to to be legit let's get more context right down that we've had more time to digest and just basically take a step back and have a look at where the chest species are on the board as we make her way into the fourth quarter joining us now now with more insight on this is bloomberg global economics had policy editor kathleen hayes kathleen so i guess it can start with a b o j something unexpected of.
"nikkei" Discussed on Bloomberg Radio New York
"And energy a point two percent for more than the economy on the bloomberg terminal type echo go on the internet bloombergcom anthony gouge you like spielberg radio let's go back anything simmons who were sing markets move in some of course is what we're seeing the cpi data 222 percent a remarkable move three solid base points and the 10year yield the hi this is a headline off the bloomberg terminal this so the nikkei in japan north korea is said to show signs of missile launch prep north korea is said to show signs of missile missile launch david gower you and i have been scrambling trying to find a further cooperation of that may be some market moves with yen moving large to one eleven there is well if i get up a quickly david you see anything else rain nothing nothing at this point so get worshiping that to to nikkei there was something on nbc last evening into something similar but obviously a north korea analogy with what was discussed and what came out of the un security council meeting this is what happens folks a terminal when you go to things on top of each other you that the economic data moving in one ten fifty two one eleven exactly that's weaker yen the pros use the yen is really a global geopolitical litmus paper because of the the depth of the market and what we can state use weakeryen over the last a twenty minutes or so so again the single headline from bloomberg north korea is said to show signs of missile launch much more and then uh through the morning futures negative 5 dow futures negative twenty as well david yeah we were talking about the the relief recovery effort to in florida texas louisiana as well as screen spent joins us now in our bloomberg 1130 at studios he is a senior financial services equity analyst at at wells fargo looks at the insurance reinsurance space and let me just over the abroad question here about how insurance is regarded or treats storms differently since since katrina what was said what was the market doing in the.
"nikkei" Discussed on WGN Radio
"August seventh 2017 by ten in the morning glad you're here with us for the start of another business week added other business day and another addition of the opening bell coming up a little bit later in the program manufacturing report for 2017 is coming out and we will be joined by one of the authors of the report will talk a little bit about the trouble manufacturing firms or having in finding good talent in keeping good talent and also the artificial intelligence robot revolution on manufacturing that'll happen a little bit later in the program in a minute to we'll bring in our ceo today the ceo of solstice in chicago but first on the wgn associated make market dust shares in asia rose this morning after last week's report of strong gains in us payrolls on wall street friday banks technology companies have other stocks climbed after the department of labor said employers added about two hundred nine thousand jobs in july investors sold government bonds have bet that interest rates are going to rise which left banks make more money on laws the standard poors 500 index added as well the nasdaq composite climb just a bit as well benchmark us crude oil this morning slip to just about forty nine fifty a barrel the dollar's flat against the yen and weakened against the euro elsewhere on the asian market liz this more the in addition to the nikkei being higher this morning by about a half a percent or one hundred three points the hang sang is right there as well 100 in 2007 higher and the asian dow's a little bit higher in europe this morning market surge generally higher with the footsie and the cac higher the dax in germany is a little bit lower in this country markets looking for martin a positive open right now on wall street dow futures are up about thirty one points in s p and nasdaq futures are up single digits gold and silver are trading a little bit higher on the commodities list this morning most of the grain sick corn wheat and soybeans are higher with livestock futures unchanged well of to see eo of fudge solstice in chicago is j hswan solstices a company that is really at the forefront of digital transformation these chicagobased company a digital innovation it consulting firm that.
"nikkei" Discussed on WGN Radio
"Five ten in the morning glad you're here with us for the start of another business week another business day and another addition of the opening bell this morning a little bit later in the program will be talking about how the rule of law is important to invest his and investing not only in this country but around the world john harwood is the editor at sea nbc will join us to talk about something he's been a writing and talking about lately on cnbc also in just a minute are ceo spotlight for this morning he ping your fruits and vegetables fresh longer but first on wgn associate bank market dust cheers her miss mixed in asia early today chinese markets you're shrugging off weaker factory output indicators while japan's nikkei sagged and the yen surged against the dollar a raft of corporate earnings due out today some three hundred fifty companies are due to release second quarter earnings just today inge japan and investors are watching for more upbeat reports following earlier strong results in that region as well as in the us results from a little more than half of the companies in the s p 500 have been mostly encouraging as we look at the board this morning the rest of the markets in asia or generally positive with the exception of the nikkei the hang saying the shanghai all higher in europe this morning most of the indices are higher with the footsie up about a half a percent everything else up just single digits in this country we're looking for some opening gains on wall street when the bell rings later on this morning dow futures were up forty seven points nasdaq your jews were up eleven s p futures were up about two crude oil said forty nine 75 a barrel which is up just a few pennies a couple of stories were watching this morning in addition to the japanese earnings reports manufacturing survey says chinese factory activity eased in july as demands for exports we can the money purchasers managing index released today a slipped just just a few tenths of a percent from the.
"nikkei" Discussed on Bloomberg Radio New York
"Up now as far as the trading day because the last trading day of the week of goes nikkei futures their chicago on the way out by what to thirty points of thereabouts but that's not necessarily could it be the case overall his doug christie but i'm looking at the futures rischard for the asx two hundred in sydney look at that you see that minus one point two percent so it could be some morowski leaden as we get set for a day of asian trading are one of the things we're going to be closely focused on the official pmi reading for china we've got a slew of data for a japan inflation factory output unemployment household consumption uneven housing starts so for the us equity market a lot of tech weakness helped the market move lower nasdaq composite was off about one point four percent sp five hundred giving back about nine tenths of one percent the dow weaker by a tenths of one percent and a big spike in a relative voyage saying that uh for volatility with the vicks up about fourteen percent to fort 1144 now many of the banks were higher that's pause are they are they passed the second part of the fed stress test and were okay to increase dividend and buyback stock sp financial index have picked up by about six tenths of one percent we also had a little more slope to the yield curve that was positive to us 10year treasury last quoted in new york at a yield of two point two secs so we were up about four basis points on the day but if a head scratcher though as to why longterm market rates were up as much as they were maybe a little flight to quality as people left the equity mark will have to talk about that as we continue here on daybreak asia dollaryen right now one twelve thirteen rish was talking about of nikkei futures for a chicago or the chicago contract higher by one tenth of one percent brian over to you yeah rough day for emerging markets and net told some concerns for us out here doug we'll get to the market action with jason shankar coming up in a few short minutes president chief economist at prestige economics but for now the news flow well dug mentioned.