Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some losses from yesterdays selloffs. Some renewed optimism about u. S. China trade talks. Moments ago the at nato summit in london, the president did say discussions with beijing are going well this comes a day after he said it might be better to wait until after the election to strike a deal another piece this morning is that reuters has Jared Kushner added to the negotiating team having meetings with the chinese ambassador. That would signal more people who are globalists involved. A globalist. Bu
We hear exclusively from eric rosengren. China is accused of using social media to undermine the protest in hong kong. Twitter and facebook delete a string of fake accounts. Shery how markets closed. It was another day of strong rally with the s p 500 gaining more than 1 . Every sector was in the green. Energy amtech led the gains. Lead the and tech gains. A positive sentiment with trade. That was reflected with the u. S. Dollar. It rallied to this years high. Gain 250 points. The nasdaq up 1. 4 . Doing much butt lets see how things will be shaping up in asia. Conviction investors will be tested with futures looking at a mixed session. Kiwi stops adding. 6 . We have the strong dollar to contend with which may put a damper on Risk Appetite for emerging markets today. We are on tech watch. We have xiaomis earnings on the lineup after baidus results came out overnight. Onay, were keeping an eye the rba meeting minutes. Trade data from taiwan and today rate the pbocs loan prime. A key mile
The uncertified inspection scandal. They say the u. S. Market will be critical. Yvonne markets seem to like the dealmaking that could be happening in asia. The donald trump a visit we have been calling it in the region, gone pretty smoothly so far. The state visit in china, they havent rolled out the red carpet, the chinese opera. It seems this relationship between president xi and trump has softened more. We will talk about the deals we are expecting. Betty 250 billion worth. A common theme that we are hearing from many of our guests is, the real work is going to happen afterwards. It is nice to see the pomp and circumstance. But really, the real work, the nittygritty will happen after the niceties and handshakes are finished. Lets get the first word news with courtney collins. U. S. Tax changes move a step forward thursday. The Senate Finance committee scheduled to release its proposal. Republicans plans outline the bill with gop colleagues after facing criticism from inside and outs
Alix we did text. Julie i am sure. I am just talking about the content. We are seeing a bounce. The dow gaining more than 100 likes as it looks investors shake off the jobs report from friday, trying to figure out the feds next move. They hope janet yellen will give them direction when she speaks in about half an hour. Though she may not give much direction. A commoditiesled rally. Oil prices bouncing. Our cultural commodities also on the rise. Up 15p 500, a big leg minutes after the open. It has remained steady ever since. Volume is low again. Down by 13 below the 20 day average. That is something to keep in mind. Going flipside of what is on with stocks, we have selling in treasuries. The yield on the 10 year going to 1. 37 area mostly declining yields as of late, so it is interesting to see a bounce. Prices are working their way higher after the head of Economic Development in abu dhabi says oil prices could barrel. 0 per alix hope or reality. So what are the gainers . Part of it is
4. 2 billion pounds to show premiere League Football but bt hits the back of the net with its own deal. Nicely done. Heineken shares higher but they may lose fiz this year amid demand in markets. We are still battling with our programs. They will be addressed in the long hall. Battling against weak demographics in europe. Countries are recovering. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Lets have a quick look at where the greek bond yields are trading. The two year not the three year, has kbon above 20 . Thats at 20. 2 with the three year at 18. 2 . Banking stocks are sharply lower and the athens index is down the best part of 4 . This comes as the greek finance minister says the greek debt cannot be paid off in the near future. In an interview with german magazine stern he added if a debt can no longer be paid it leads to a hair cut. This ahead of talks with his counter parts and ecb president today. It comes after the greek Prime Minister