Exchange to fail. Its not a Merry Christmas for apple. Analysts have lowered iphone x projections for the First Quarter citing weak demand. Say 10 million fewer units will be sold in the First Quarter of 2018 compared to the current quarter. Worn cs shipments falling by 5 million. They blame the high price and lack of innovation. Lets give you a feel of whats going on here. And a few other elements are playing out. Australia and hong kong are closed. We did see quite a bit of pressure on selective chinese companies. The nikkei was lower as well. Turkish stocks having an astounding rally. S p futures unchanged. U. S. 10 year, 2. 48. Across in the commodities space, some important moves for wti. Had u. S. Rigs not adding anymore. Is at 1000 children 78 an ounce. Its not a Dollar Strength story. A little bit of anxiety coming from the catalog election. We have a few other elements as well. Dollar yen up. Currently that level is still a sixweek low. Policy getting back into focus for inves
In a at its lowest point quarter of a century. David is watching this carnage. David painful. It is a painful day for investors. On 1 trillionn of market cap that will be wiped off the value of asian stocks just this morning. We do have another big asian market opening up this hour, india. It says a lot. It says a lot when the outperform or is down 1. 7 . Is downutperformer 1. 7 . Shanghai composite erasing its gains on the year. , at one point,up almost 60 . , we are down about 900 points here. Taiwan is the other big market as well. We were down 8 at one point. The biggest singleday drop. Last time it was this bad i do not know which won the oscar best picture in 1990. What was it . The ban on shortselling that regulators have put into place to effect took effect today. We are down 3 for the nikkei. Topix just entered a tight correction a technical correction. You put those two charts together, you have the yen gaining against the dollar. Quickly,markets, very the ringgit and the rup
Shenzhen link opens today. Gone . Is pokemon its rival leaving pokemon in the dust. Rishaad the currency markets, that referendum, italians voting no to thengly, 59 , constitutional changes. Haidi we were expecting a tighter race, but a decisive outcome came in quickly. Take a look at my bloomberg. This shows the plunge in the euro to lows we have not seen since march 2015. This poses a lot of questions in terms of regional stability, italys banks. Haidi that is one of the biggest concerns, eight thanks perhaps in danger, facing problems with balance sheets, haidi failing stress tests as well. Thats right. Not seeing Much Movement when it comes to dollaryen. Where is the safe haven demand . Rishaad gold. Anyway, the open in singapore, taiwan, and kuala lumpur coming online. It up, the to set demand for havens, coming down to the fact how the market was position coming into this week. The governor of the central bank scheduled to speak. That being said, money coming into u. S. Bonds, th
He didnt even get the bag, but he left her pretty severely injured. Juliet kept coming back. So that is im juliet huddy. Ben im Ben Simmoneau september 15th thank you for being with us this morning. Afternoon . Juliet it was lovely. Ben how could it not be with that weather. Juliet with me right. Yes. A good latte sipping day. Juliet out to the cafe. Ben outside. Juliet very nice. Breezy, i like that. Ben it was breezy outside i did appreciate it. Mike all kinds of compliments yesterday. Ben after a summer it is nice to get crisper air. Juliet difficult for you . Didnt like as hot . Mike back into his regular old self. Ben not complaining nearly as much i think you will notice. Mike a changed man. Mike maybe worth that much. There you go. Show you what happened as far as high temps are concerned where we should be. Average high for central park yesterday 76. Made it up to 77 not bad at all. 78 newark. 74 dpleation allentown. Same thing in poughkeepsie, and if 76 degrees in bridgeport.
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