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
Islam asked a took credit for the result, likely used to distract from the battle islam it state took credit for the assault, likely used to distract from the battle mosul. The pulse nightclub has reopened after the worst mass shooting in United States history. Global news 24 hours a day powered by more than 2600 overalists and analysts in 120 countries. I am mark crumpton. This is bloomberg. Scarlet we are 30 minutes from the close of trading. Live from bloombergs World Headquarters in new york, i am scarlet fu. Oliver and i am all of her run it rallied to its highest level since march. British American Tobacco has offered 47 billion for Reynolds American. That would give them a full hold on the company. Plus, Central Banks have cautious messaging. We will show you where the pain could spread. Jokes at atrumps new york dinner strike a sour town just 24 hours after engaging in the final debate. Clinton and trump garnered s from the boo crowd. Oliver its take a look at where markets are
Welcome to countdown. I am anna edwards. It is 6 00 a. M. In london. Through what has been happening in the markets. We want to start with the chart we have here. The u. S. Equity market, the s p 500 over the past three weeks. Highlighting the roller coaster timeframe we have seen. Yesterday, u. S. Stocks were little changed. A with salt session. Whipsawtouched a session. The s p touched. Apple was a big lagarde yesterday. The dollar may be listening to the dollar may may be listening to the commentary from the fed coming through this month. General strengthening in the currency. That is not seem to be applied to all of the asset classes. Hawkish commentary yesterday talking about the risk of asset bubbles. Oft was the fed story another. Asian stocks are down for their third weekly loss. Corporate earnings disappointing. The boj has been speaking in japan. Dollaryen is at 108. 8. Heading for its second weekly loss against the dollar contrasting centralbank helices in japan and the u. S
About how many Interest Rate increases they are predict and. All three major averages are higher, ounce around a little bit. Withlooked at the s p 500 s p 500 versus oil prices. Oil prices went south and it comingike both of them back. Oil has been in focus with inventory reports showing a fourth weekly decline, though not as big a drop as anticipated. Factory production pulled back by. 4 , double what was estimated. That also seems to have affected the bond market. We have the two and the 10 here and yields going lower and took a turn lower after we got Factory Production date of. Going into the commentary from the fed. And ahead of the fed, it is worth checking on w. A. R. P. Ive change this to look at the swaps market to see what they are protecting. We have a 50 chance of an interest increase not until february of next year. Checking on the u. S. Dollar, weve seen a decline in the dollar going in the same direction as rates. Talked about pound ballot pound volatility because of the
Our reporting, apparently the team at sab miller is set to order a halt to integration with ab inbev. According to reporting by Thomas Buckley, sab miller management has asked employees to stop work on integrating its operation. this is according to people familiar with the matter. The cash portion of its offer for sab miller, but there were investors not content with the level of that offer. You can see anheuserbusch shares falling off as these headlines across. Sab miller had already closed in London Trading when the story came out. It is not as heavily traded that is the disclaimer here. We also sought reaction in multiple cores. That is the Company Expected to get the remaining portion of its joint venture with sab miller and United States if this deal goes through. We saw those shares falling off as well. We will bring you any develop its that we have, but it would obviously be a big deal at this deal did not go through. What about the Broader Market . Seems as stocks were shruggi