First ever visit welcomed by people of all walks of life youre quite familiar with this speaker. They all know the cute and friendly name also recognize widely in hong kong. He will have a busy schedule but he will stay for three days from today through july 1 and that is a big day and an inauguration ceremony will be held. They will respect the Peoples Liberation army. [inaudible] it is a very festive color in chinese culture. They mentioned the importance of educating and about the identities and policy. Its important to educate the youngsters because many were born after 1997 so for them how to understand the connection what would you suggest . First of all to understand this part of china is like trying to understand their earth is around the sun. Lets listen. Prints of the press. Youre waiting here has been for a long. [inaudible] and best wishes as well. For nine years i have again arrived in the hong kong. I feel very delighted. Hong kong has always been in my heart. Just two da
It makes no sense to not join together against this threat on north korea. They have not had any care for russia or china. They are not going to listen to anything that you say. So its time that we all stand together and say well not put up with this action. To sit there and oppose sanctions or go in defiance of a new resolution means you are holding the hands of jim congress un. Charles we of kim jongun. First thing we saw this morning was a joint communique between china and russia wagging their Financial Officers at america for prove vision. They have obviously been talking behind the scenes to come out with a joint statement that quickly. What they have to realize is things are going to get contentious for them. If we goat back channel with the japanese like maybe stepping up p up and taking some of our troops from korea if the koreans wont let us do what we need to do in south korea and japan goes nuclear. That would send russia and china through the overhead. We are that serious.
Energy contract has not been destruck ted by the boycott. Theres no interruption at all. We have flow of gas and oil going all the way to our client, no interruption. And in another cnbc exclues if, ermotti says investors are looking for sustained period of calm before they take out money from cash reserves geopolitical front is, you know, quite a warning in respect to whats going on almost every day, so investors are really fundamentally touched by all those, and need to see prolonged and stable pattern Going Forward. There are a lot of green tiles today on this screen european markets off to a positive start this week stock europe 600 is tracking up over a third of 1 today seen some gains from friday when we had solid job numbers lets look at whats happening in individual european indexes it is around a third percent the italian ftse up by a half so far today lets look at what sectors drive the gains this morning we see real estate is in the lead almost up by just over sixtenths perc
Good morning. Very warm welcome to Worldwide Exchange here on cnbc. Im wilfred frost. Im seema mody in for sara eisen. Good morning to you. Nice to have you with us. Good to be here. Lets check gobel mlobal market. Futures or i should say u. S. Stocks ending higher yesterday. The s p closing about 1. 6 away from the record closing high. Futures indicating a lower open. Down 3 for the s p 500. Dow jones off by 14, and the nasdaq off by 3. This as we kick off the earnings season for q1. Treasuries have been in focus. Yesterday fed chair janet yellen dropping a hint that rates will be likely rising again shortly. The tenyear yield hanging out around 2. 3 to 2. 4 . Right now at 2. 34. Lets look at equities around the world. Asian Equities First up. The nikkei and hang seng both down a bit today. Hong kong almost down three quarters of a percent. Shanghai up about 0. 6 . European trade to move on to that, we had some data hit the wires. Eurozone industrial output down 0. 3 month on month. I