Universal suffrage. They said carrie lams retreat was too little too late. Shery we have coverage throughout daybreak of these developing political stories. Sebastian is following the brexit saga in london and what is next for Boris Johnsons plan to leave the u. K. Out of the eu following defeat in parliament. First, lets get you started with a quick check of how markets closed the wednesday session in the u. S. It was all about geopolitics. Less risk in hong kong and the u. K. Nasdaq bothand gaining. Tech shares rebounded leading gains. They were the biggest losers in yesterdays session. Energy sectorhe being a big gainer as crude prices rallied above 56 a barrel. Fed speak asof well today. The fed president of new york down in minneapolis as well as many others talking about the fed action in september. A little bit of divergent views. We will try to explain what all of that means for the markets later on in the show. For now, you have futures not doing much. Lets see how we are sett
Fails in his bid to trigger a snap election. China signals more support for the slowing economy indicating a cut in the Bank Reserve Ratio is on the way. Protesters vowed to return to the streets of hong kong and continue their calls for change. They say carrie lam section is too little too late. Shery it was all about k anditics, both in the u hong kong. We saw a risk on sentiment across the board with the dow caning gaining almost 240 points. The nasdaq up 1 . Tech shares leading the gains. They were the biggest losers in the last session. We have the Energy Sector in section gaining ground. We had the dollar falling the most since june. It was all risk on and the geopolitical tensions subsided. Not a lot happening with u. S. Futures. Lets get you across some breaking news on the terminal. We have julys current account of numbers from south korea coming in at a surplus of 6. 95 billion dollars. The current account for south korea in july. This as expectations grow for further easing