Investors are awaiting the latest gdp data from china. Growthrg economics sees above 5 . And then just send a rv and dens historic victory. She is considering a new coalition. We have s p and nasdaq futures. You can see the and the view shirts are actually about a third, and they were pretty flat on friday. The s p 500 at 3483. The nasdaq took a bit of a beating. Was not the usual biggest day ever. Keepler sentiment helped stocks from really falling. Lets move to the oil markets. What we have here is an advance on the on the week shrinking u. S. Crude stockpiles. At what isok ,appening in the week ahead what are they going to do about their plans to cut production, boost prices. This is the big question as the week begins. Haidi lets look at gdp. The kiwi stocks are at 7 10 of 1 . Warre looking at a tug of situation. The aussie dollar rebounding ardens historic victory. She has a mandate to govern alone, but apparently this will continue. There may be an upside of half a percent. Incre
People have been attending the call not just for the release of prisoners also saw another chance to have to learn and to get a say on its status however there is also this issue the fact that it is election season spains pool general elections for november the tent the issue of catalonia is likely to be a priority playing into both the right wing parties and also the catalog nationalists issues that however this is unlikely to get resolved before then even though there have been calls for dialogue to take place to resolve this crisis before that our action looks on likely. 26 people have been detained following antigovernment protests protests in kazakstan demonstrations organized by a band Opposition Group criticizing the government and chinese expansion in the oil rich country were held in our marty as well as 1000 kilometers away in the new capital nor the city is named after 79 year old former president nor sold by ev who stepped down in march for protests to say that now is that
Stock market as well the nikkei was up about 1 the hang seng up about a quarter. In europe, some active trading, you are going to see some red there. Dax is down. Cac off by. 6 the yields there have come under pressure it looked like they were a little weaker as well. Just above that. The 10year at 1. 53 the two year at 1. 444. China conflict escalating the u. S. Adding more companies to the black list and china scrapping the nba preseason games. Eunice yoon joins us with the latest it is not going to a very good place the financial fall out just continues for a second day tencent said it is suspending broadcast of the games for now, these are preseason games. This came a couple hours after the state broadcaster, cctv which has a very long relationship says it will halt all preseason games as well. In their statement, the cctv said we are strongly dissatisfied with the commissioners defense for the Houston Rockets tweet supporting the hong kong protesters saying we believe any speech t
Disagrees. As ecb bond buying divides opinion, we will hear from Christine Lagarde, plus how negative yields are impacting the Worlds Largest Sovereign Wealth Fund. Matt i know what the big news for you was last night. Number in the u. S. Showing manufacturers in contraction was fascinating. It definitely moved markets. If you are, even sitting in the u. K. , there is no doubt that was one of the biggest market moving things yesterday in terms of increasing fears, changing the price on futures. We will discuss that. Matt we will touch on brexit. We are going to be going down to westminster throughout the morning and following the fall out of last nights vote. Lets take a look at the market numbers right now, starting with asian equity indexes after those big drops in u. S. Stocks. We see asian stocks rising. Yen bouncing back a little bit. Just an hour ago. To sellare more willing safe haven assets in the last 60 minutes. Crude oil i think fascinating. Weakness we have seen in crude oi
Back now all i know is that that alarm is still its very early when it finally goes off thats hard to when your on vacation does your body clock still make your get up early 730, yeah. What is that three extra hours or something. Thats like a weekend for me. I think we both do that. You cant, after all these years. And i think ben franklin was on to something, i do im not missing anything with that latenight tv, right . And by late night i mean like 9 00. Weve got a lot to tell you about today. We want to get to the futures moves in just a second but i first want to show you how we got here. The dow dropped 390 points during yesterdays session fell back below 26,000 bond yields resumed their augustdown tuaugusdown turn the rate cut jumped sharply. Now its up to 100 in september. Thats the betting line right now. And 82 in october some people alt 55 now on recession. So i dont you guys got a feeling on that . I mean, does the yield curve mean theres a recession because is there anything