Saying the u. S. Is winning the trade war with china, but the u. S. Deficit is set to balloon. Toeing Warns Companies to the line if they want access to the mainland economy. Get you started with a quick check of how markets closed the window session. Stocks were higher. They pared back some earlier gains. The s p 500 ended. 8 higher with every sector on the s p 500 and the green. Retailers were also hired. Today, we saw the bloomberg retail index at a threeweek high as we saw some positive s and target, lowe not to mention we saw that rally after we saw home depots stronger second half. That theyes signaling were ready to ease but not really hinting that this july rate cut was the start of an easing cycle, so twoyear treasury yields rallied. Treasury yields unchanged at the moment, so lets see where we are starting out the asian session. Sophie we are setting up for potentially positive gains with more earnings on tap for the region as well. We have a new zealands report card to consi
And a tense weekend of protests in hong kong. There are new warnings about the economy. Lets get you started with a quick check of the markets. We ended the friday session in the u. S. We some pressure with u. S. Stocks sinking as the u. S. China trade tensions increased. There was such a wild roller as though you on ended the week down half a percent. It is worth noting it was down almost more than 1 at one point, after President Trump says the talks with china could get canceled for next week. Still, it pared back the earlier declines after we heard from a white house official that suggestions that the u. S. Might not do business with huawei anymore, they walked back the comments. Semiconductors were some of the biggest losers in fridays session. The nasdaq down 1 . U. S. Futures at the moment gaining 0. 1 . All eyes now on asia on this monday as we have markets out of action on holiday. Thats right. If you take a look at stocks in asia, they are set to kick off on a cautious note wi
President trump hinted negotiations with china might be called off. In hongeek of protests kong as business increasingly takes a hit. Get started with a quick check of the markets. U. S. Closed friday, stocks sagged on escalating trade tension. S p 500 down 7 10 of 1 . Falls afterng about the yuan devaluation. Losses were led by tech and energy stocks. Point the s p 500 falling 1. 3 after President Trump said next months talks could get canceled. Were paredse losses back after white house officials those back some of concerns. Semiconductors took some of the biggest hits. U. S. Futures unchanged at the moment. We will see how we are setting up for the market open in asia. Futures are pointing to a mixed reaction in asia. Friday thaty on trade talks could be called off. Is getting ready to release that list of chinese products to be slapped with 10 tariffs. Showing someoul weakness. We will be watching for to have his meeting with advisors. South korea and the philippines said to have t
New protests in hong kong. No cigar. Shinzo abes Ruling Coalition wins the upper house but has failed a getting a super majority. We will have the results of the reaction. After a volatile week, stocks closed lower on friday amidst news of mounting tensions in the persian gulf. The Federal Reserve will limit a rate cut to a quarter of a point. Sophie we are setting up for a soft start to a busy week. On thursday, we will get south korean gdp numbers, ahead of which we will get export data in about an hours time. We are moving into high gear on the earnings front, with about 200 Japanese Companies reporting this week. Watching asahi. Switching up the board to check in on oil. Persian gulf tensions are extending a rally. Theleen lets check in on first world news. The Hong Kong Government has denounced the actions of protesters who targeted chinas main headquarters in the city as a peaceful mass rally turned violent late sunday evening. Gas asfired tear demonstrators converged on beijings
Investors and say it is a lowquality success. Talking trade again. To u. S. Team may have beijing for new facetoface negotiations if talks go well this week. Shery lets get you started with a quick check up on how markets closed on mondays session in the u. S. Ending slightly higher at record highs. We had a tech rally in the nasdaq gained. 2 . Energy sector and Financial Sector weighing on the s p 500, but aboved unchanged the 3000 level. We had citigroup of course reporting earnings. Theyre treating revenue their trading revenue missing estimates. Every member was under pressure in the session. Japan returning from a long weekend. What is the setup . Sophie nikkei futures in whileo trading flat contracts are falling in sydney and seoul. Gains, withresuming the nzx 50 attempting to breach the level again. The kiwi dollar is holding steady, holding onto the overnight gain as the Inflation Report reinforces the case for the rbnz to cut rates. On the central bank front, the rba polished