Follow me on twitter. Dont forget to use the hashtag as well. Hong kong underway in 30 minutes. Singapore and malaysia are online. Shery stocks are rebounding from yesterdays losses. We are seeing positive sentiment from wall street as a result. U. S. Stocks are gaining on a bit more positive. We are seeing the asx 200 gaining 3 10 of 1 . We have australian trade deficit numbers this morning narrowing more than expected, coming in at 2 billion instead of the expected 2. 3 billion aussie dollars. Also, the july trade deficit revised lower. Down 6 10 ofalls, 1 . Leading the gains in asia, the nikkei up a tense of 1 , being held by a weaker yen. The cost yield up for tenths of 1 . Take a look at the japanese yen. Although it is not doing much, this comes after weakening for seven consecutive sessions. Right now, holding at 103. 47. Also, analysts say we are going to see more u. S. Dollar strength, so we could see a japanese yen wakening, especially before the december faos fomc meeting. T
From export companies today. Supporting the overall nikkei even though as you say theyre still some nervousness about whether is it going to be more stimulus added to japans economy. A very good pickup coming through on the high one index. It is up by half of 1 . The retailer and the insurers are looking quite good there. We are watching the Property Developers quite closely with beijing planning to raise the down payment for some secondhome buyers. We are waiting for the cpi number from australia. It is really led by these boosts from various markets. It is lower today. Alliterative crossing as to whether or not we will see a rate cut from the Australian Bank next week. We are having a look at some suppliers in the region. Theyre are getting a boost on the bank of those earnings from apple. Rishaad apple is the worlds most valuable publicly listed company. What stood out in that Earnings Report . Item and i to pick one not a lot of people talk about this little bit here. Apple has the
Way you are the one thing in my way good morning. Welcome to Worldwide Exchange on a friday. Im sara eisen that and im wilford frost. A new song called my way. 1 moves up for the major averages. The dow closing up almost 200 points. Were getting a tad bit back ahead of more economic data. Dow futures down 6. 5 points. Nasdaq down 12. 5. A choppy trading. The indices beatsing a twoday losing streak yesterday. App sl a big story. Well get to the chart of the week in just a moment, but apple up more than 12 this week alone. Its been a stung rise. Which has meant as well the tech sector, but theyre the performer of the week. S p 500 and the dow up 1 . Taken into positive territory. The nasdaq is up 2. 5 . Well see what happens today. As for the treasury note yield, a lot of hand wringing over higher yields but actually were at 167, which means they havent budged much from last week. Industrial production and retail sales notably coming in below expectations. This is all ahead of the big Fe
September. At least policy. Bitcoin inventor is backtracking. He had proof, but feels he is not Strong Enough to reveal it. He blogged, i can only say i am sorry, and goodbye. Let me know what you think. Dont forget to thank the trending business. Entering the weekend, we are looking at an eight straight day of losses for asian stocks. Japan coming online, a lot of pentup pressure and it comes to selling. Downsides across the region. John by 7 10 of 1 . Focusing. Of decline, the longest losing streak in over 30 months, i believe taiwan down to tons of 1 . Rillock off, down overall, it is a down day. , down also seeing losses by. 3 . We are hanging on to most of those gains that we have seen in the last few days. Solid dollar gains. These are the movers. Is coming out over the last few days of the number of airbag recalls in the u. S. Market. More than doubling, an additional 40 million recalls from the National Traffic safety administration. Hit aata takata did new low. The stock is do
Emergency meeting today in brussels. Minister,s new oil pumps alfalih, keeps the under pressure. It looks like we will be a positive performance with equities on the front foot. Let me take you to the bloomberg to show you what is going on. Their value is pointing to a dax that will open up. The cac is up, half of 1 . The ftse 100 is up. 6 . Overall, it will open up. 8 . A different story in asia, wasnt it, caroline . Caroline the shanghai composite went down 2. 3 . We are on our worst two day streak since february. Of course, much talk over the weekend that we are still on track for two rate hikes tihs year. Bill gross has said, look, believe the fed. The pound is flat ahead of camerons speech. Oil is at 45. 93. We are focusing in on what is happening with the oil prices, but we have to factor in that news out of saudi arabia. Should we see more voicing that we should not the production cuts . Guy we will find out. Caroline lets get out to david inglis, live for bloomberg first world