Biggest demonstration in a month. The numbers indicate the protests will drag on into the new year. Kathleen one story for the stock market on friday for the u. S. , a blowout drops report for the month of december november, that is setting the stage for strong december meeting and even a strong 2020 because people have concerns about recession long gone after the jobs had its biggest monthly gain since january. You can see how the stock market perform, the Dow Jones Industrial average gaining 1. 4 . Industrials, energy, financials, all the companies doing better, and should do better if the company is going to if the economy is going to do better. Data to 3. 5 . A separate report shows Consumer Sentiment at a seven month high. What is this going to mean for asian markets today . Sophie we are seeing a risk on somewhat with futures pointing higher after the weekend brought us a surprise drop in chinese exports. Kong, therein hong have been calls for a general strike after the biggest p
Sliding Global Demand is increasingly hurting the mainland economy. Kathleen thousands join hong kongs biggest demonstration in months. The protests may drag on into the new year. Lets get straight to the market action. What are you watching . Sophie this monday, stocks in tokyo are gaining ground. The nikkei to 25 adding 0. 7 pipe 0. 7 . 225 economy the nikkei adding 0. 7 . The economy grew. Jesper sees a payoff in 2020 with likely massive boom in productivity. Checking on the yen, holding at about mid108 levels. We are seeing the kospi gain ground, up 0. 4 . The korean won is also looking stronger. We are seeing gains for the asx 200. There was a surprise resignation. We are seeing futures marginally lower this morning early in the asian session. A quick check on bonds. Keeping a close eye on 10 year jgbs to reach that 0 level for the first time this march. We are seeing dwindling demand on the short end as expectations fall for more boj stimulus in light of shinzo abes spending pack
Investor demand is several times oversubscribed. Sometimes people look at australias market which has just opened what are you watching . Slightly under pressure after the game we saw on tuesday. Kiwi shares are gaining. The could see a softer open in seoul and tokyo. The nikkei stock average has more than doubled since shinzo abe took office. Economic strategy still lacks traction. It is a busy week that session ahead with japanese trade and chinas update on the docket this wednesday. As we are waiting on alibabas final pricing on an ipo. Here in hong kong as schools reopen and we await more protests, housing futures have snapped a today advance. Volatility has slumped over the past two sessions. Acrosse sliding further there is optimism we might see a peaceful resolution to the protests here in the city. Lets check in on first word news. Boris johnson and jeremy overn repeatedly clashed policy in their first televised election debate. Johnson said he would massively raise Government
Disney leaps in late trade with quarterly profit topping estimates as the lion king roars at theaters and theme parks stay strong. Kathleen lets take a look at how asian markets are opening. The asx 200, a little bit higher beenthe 6726, which had the biggest advance in three weeks on the market close yesterday. Now to nikkei futures, a fractional move higher. There is uncertainty about the trade war deal getting done. That will weigh on japanese stocks. Stocks had risen for a third day yesterday, but there could be a fourth, the kind of company that could benefit from this u. S. China trade deal. Stocks are looking about a half point higher, a little bit of hope there, and of course, the s p 500 why is it down . Because it was up so much today. The s p 500 hit that alltime high. From here, we will have to wait to see some fresh impetus for stocks to continue to rally. Lets get to first word news now with jessica summers. Jessica thanks, kathleen. The french president has attacked nato
Alibaba. Single day after a scorching start as consumers around the world look for bargains. Kathleen lets get to u. S. Stocks and how they ended. You can see the gains on the board are not large. However, go straight to the middle line, thats the s p 500. Another alltime high. 3093. It was a week of dueling trade headlines as chinas Commerce Department and white house Economic Advisor said yes, a phase i deal will involve a phase in tariffs. Tech stocks gains as well. Anything that is good for a trade deal. Global growth certainly helps. Tech shares, the nasdaq closing at another alltime high. 8475. What is interesting is on saturday, President Trump went out of his way to say wait a minute, i have not said yet anything about tariffs. Im not going to get rid of all tariffs. He did not say he would phase in some tariffs reductions. I think he is trained to tell us the deal is not sealed. Im the final say on what is going to happen. We will see how the markets deal with that today. At t