President trump said he made his decision on iran but refuses to say what the decision is. Speak thison due to hour, hopefully to clarify. Betty welcome back, yvonne. We missed you, a lot has happened in the last several weeks. Today with the fed, that has been the big news. Now we know this qt we have been talking about will Begin Next Week next month. Lets look at how the markets traded in reaction to this. In thiss quite a dip announcement and after with a news conference. We saw markets climb back. The s p closing above the red that, butnasdaq below the dow adding 42 points. I want to bring up a quick , which shows you how uncharted the territory is from markets. Since 2009 we have seen the s p track qe so tightly. Yes, they spread apart in the last year. But it really has been qe that has driven prices. Now where do we go . Yvonne we have seen the success of qe when it comes to equity markets, especially the s p. The big question is, will qt have the opposite effect of qe . Asia,
Joins those voting against the bill. Drama turnsip another page with apple urged to jump ship and change sides. There is a sickness going around. No, it is not what i had over the weekend, which was the flu. Really took the markets down today, the big tech shares, but it lifted another portion of the markets. I want to pull up a chart for you guy. You guys. G btv 4698. It shows small caps, which has been the laggards all throughout the year, now starting to see some life, some of the life fangg out of the stocks. Yvonne a different kind of flu. I am glad your feeling better, betty. Some of these stocks that have suffered the most this year doing quite well. Safety trade dragging things lower. Those demand concerns over the iphone 8, certainly weighing on the whole sector overall. Not a good lead up to asia shares this morning. Kiwi, we are continuing to see weakness after that surprise in the new Zealand Election outcome. Despite the weakness we have seen, we are seeing an upside sci 2
The Consumer Devices battle heats up. Apple and google are due to refresh their product soon. Some breaking news crossing Inflation Numbers for south korea in the mouth month of september. Inflation up. Ve coming down a bit to 2. 1 , that is below went economists had estimated and a big drop from what we saw, a gain of 2. 6 in august. Also taking a look at core cpi, 1. 6 . Below wently economists had estimated for a gain of 1. 7 , month on month, your continuing to see the rises although very barely. Inflation numbers in south korea coming in a little bit below what economists had forecast and is on Consumer Sentiment and how the markets are reacting, how the economy is reacting to the continued tensions in north korea. Stray too far from them be oks target, the economy is going not full speed ahead but still quite rampant , exports quiten strong in the Third Quarter but you mentioned north korea u. K. T a wildcard for the betty lets talk about the u. S. Markets. A little bit of a diff
Postdivorceier says trade talks are underway, and the u. K. Much must offer more. We have breaking news in south korea. It was a data dump morning. The surplus widening. Year on year, 6 billion. Industrial output rising 2. 7 . This is also for the month of august. That is well above what economists had estimated at a gain of 1. 3 . The number to really watch is the factory output, the industrial output, 2. 7 . We did see a revision and inkage or decline, 0. 2 down 0. 2 in prior months. A lot of the focus is on how these numbers have been changing with the geopolitical tensions in north korea. Is that going to dampen consumer demands and outlook for south korea . Yvonne mark yvonne it is interesting, month on month numbers in industrial production, i saw weakness in the month of august, less than expected at 0. 4 . We saw that survey this morning, looking less positive when it comes to manufacturing, as well as the export growth manufacturing. Export growth, we saw 31 jump from a year a
Interplanetary travel. Hello from sydney where it is passed 9 00 a. M. I am paul allen. This is daybreak australia. We are at our away from the open of the first major market. Betty it is after 6 00 p. M. Sunday evening in new york. We are looking at how all of the action on wall street will play into the asiapacific trading day. We have got a lot of news to digest, everything from what happened in spain, the rioting there with the police to the tankan survery in japan, as well as this revelation we had that there are direct negotiations between the u. S. And north korea only to discover it seems by the tweets from President Trump. Lets give a quick reminder to our viewers on what happened in the u. S. Markets, it seems years ago now, but on friday. Lets pull up the board. The s p continued to rise. The dow also up 24 points, the nasdaq higher 0. 6 . Investors continuing to digest tax reformof the package. We are expecting in a few weeks to hear from President Trump about a new fed cha