Facing. Really reminiscent of that merce outbreak in 2015. We saw that 10 billion extra stimulus package back then. Because of this, we are seeing the markets under pressure, but one exchange that im watching is small caps in china. Actually at the highest level since october 2016. We have seen those pboc Monetary Policy measures. Not to mention more news that china could be taking over a hardhit industry. Lets get a broader check of the markets with Sarah Ponczek. Pretty much Everything Else is now trading in the green as the trading session does progress. We have seen markets turn lower under further pressure. 0. 2 but still on track for its best week since june. The hang seng now down 1 . Many times this week we have seen the benchmark approach 50 day moving average, but we have seen it fail as we have seen today. The nikkei roughly flat, but modestly lower. After trading as high as a half percent early on. Then we see the south korean kospi and underperform her across the region on
The road to hold. Fatah minutes is suggested the central bank will keep rates suggestd fed minutes the central bank will keep rates unchanged. Ubs names its new boss. The worlds biggest wealth manager pouches ings ralph hamers to succeed Sergio Ermotti as ceo. Just under an hour away from the start of cash equity trading in europe. I want to take a quick look first off that ap mollermaersk coming out with earnings this morning. We are looking at a shipping company that posted earnings a little bit ahead of schedule. Let me just pull up the ticker here. Inmollermaersk in denmark, copenhagen of course, right now putting at earnings out earnings. Tda at about 5. 5 million. 5. 5 billion. Ap mollermaersk missing with da. Forecast for 2020 ebit we see the previous years earnings. Previous year and a on the forecast as well. We are getting a lot more here across the wire. Anglo american coming out with earnings. That may go ahead and pull those up as well. Angloamerican fullyear adjusted eps,
Lifeline. We will hear from the Morgan Stanley ceo on the big 13 billion acquisition of e trade. Paul. Paul thanks, emily. Lets check on how futures are looking in asia. Looking like a much quieter day than yesterday. Sydney futures looking fairly flat right now. U. K. Futures looking weaker by 0. 4 . A bit of a move down in costly futures. We saw u. S. Markets ending modestly low. Concerns about earnings downgrade. More on that later. New zealand also trading right now. Currently flat. Emily thanks. Lets get a check of where the u. S. Markets closed today. Taylor riggs is in the newsroom. What were the highlights . Taylor sort of a risk off day. Really 500 Big Companies leading the losses. Bonds rallying five basis points after the crucial 1. 51, and the yield curve is inverted by the most since october, six basis points. Take a look at the chart in my terminal that put the selloff into perspective. The chip performance relative to s p 500 performance is still near an 18 year high. On
[inaudible conversations] today we are meeting to consider nomination by Charles Richard were the greatest admirals to be commander of United States Strategic Command. I appreciate you being here. We enjoyed meeting your beautiful family i dont agree with a couple of things they are pursuing but thats all right. [laughter] we appreciate it very much and be sure to introduce them to the committee. And with those laws and regulations will you ensure your staff complies with deadlines with questions for the record. Will you cooperate to provide witnesses in response to congressional request quick. Yes mister chairman and those that are protected for reprisal from briefings quick. I will. We you affirm to appear if requested before the committee asked you agree to provide documents including communication by the duly constituted Committee Regarding the basis for any good faith denial quick. Have you undertaken any actions that would presume to be the outcome of your confirmation quick. I h
The confirmation hearing with the head of us Strategic Command oversees the Us Nuclear Arsenal including the Us Nuclear Triad russias Nuclear Capabilities and in the South China Sea. [inaudible conversations] today we are meeting to consider nomination by Charles Richard were the greatest admirals to be commander of United States Strategic Command. I appreciate you being here. We enjoyed meeting your beautiful family i dont agree with a couple of things they are pursuing but thats all right. [laughter] we appreciate it very much and be sure to introduce them to the committee. And with those laws and regulations will you ensure your staff complies with deadlines with questions for the record. Will you cooperate to provide witnesses in response to congressional request quick. Yes mister chairman and those that are protected for reprisal from briefings quick. I will. We you affirm to appear if requested before the committee asked you agree to provide documents including communication by t