China september exports is coming through at the moment. Down. 7 in yuan terms. Going to get you the dollar figures when we get them. Lets look. No trading in tokyo today. It is sports day. Of people lot wouldnt have come to work anyway because of the weather conditions. Seng having a good showing. [indiscernible] look at some currencies. Tad. Strengthening a the ruppee, Inflation Numbers are out later today. On the central bank, which has declined to move last week. Singapore dollar, that is currently the situation. 1. 37. Lets not forget sterling. More uncertainty over brexit continues. Lets get more on what is going on with these trade numbers. David these are in renminbi terms. We have the local currency as well. Suffice to say, a lot worse than expected. We expected a 1. 5 increase in exports. 7 is what we got. Imports as big as well. Expected, we we got 6. 2 . This leaves not just the dollar figures but a whole raft of data set to come out throughout the course of the week, leadi
Nasdaq declined 3. 4 . Its very rare that we can sustain this endlessly bullish move. Rallies end or take a break either by matador or by pamplona style exhaustion. Its the way the hot streak comes to an end is what matters. A big ugly decline is the matador. Second way out is a whim per. I like the smart. But i want you to know what the former might look like so you can be prepared in case that happened. Every once in a while i talk about the Fabulous Service i paid for from standard poors. Its anathema to many. After days and days of rally, the oscillator hit the level of 10, it is a level of danger, which means the market is severely overbought. Buy, buy, buy, buy, buy when stocks get severely overbought, theyre exposed to a level of quick shortterm vulnerability which would make it nuts for you not to do a little trimming from your portfolio. Sure, the market can say overbought for a while. When we see the number 10, its the natural thing to do. Just like to cover your short positi
The end of summer and now going into the fall potentially here. One third of about a percent. The 44th street session unless of less than 1 move. Take a look at the bloomberg. This is the chart we are looking at. The dotted line is the sixmonth average. Average. Ill below that a narrow range in the s p on a daily basis. As has always been the case of as has been the case, weve seen big individual moves. These are big targets of the biggest deals were talking about today. The bid was 127 and . 50. On santa trading below 27. More than 20 below the offer price to hear. Obviously skepticism on the part of investors if this is going to get done. Spectra energy selling itself to enbridge creating a big pipeline company. An all stock deal, 28 million dollars. That price rising up about 17 . The pricing over the epipen concern continues. A new Company Making comments , saying itpricing would curb price increases on its drugs in the response to the outcry about that the price pricing of the pen
Guy welcome to the pulse. Where live we are live here diane guy johnson did the reason why guy johnson. The reason why i am sitting here and christine isnt, she is getting ready to talk to imf director. Risky assets have been rallying. That seems to be running out of road right now as you can see european equities certainly on the back foot this morning to take a look at around this morning. Take a look around, the dax down 2. 2 . The reason for that divergence is what is happening in some of the asset classes. I want to show you the banking sector. I want to show you what is happening with some of the big banks. We have seen what is happening with the panama story. The headlines that are being generated. Had a great interview out of asia with tidjane thiam. Very cautious about his commentary. What the regulators are doing. , you got ubsside down 2. 15 . Hsbc another bank that is being chucked around. The banks are being clear that there ridley tory supply story regulatory supplier sto
That is how the stock market is shaping up. Lets take a look at the u. S. Dollar. It is headed for its worst weekly locked in a month. Yesterday, that officials reiterated a preference for a rate rise this year. Policies should only rise gradually when they start to raise interest rates. The dollar is trading pretty flat around now. If we move to commodities as well, it has been a bad week. We have seen them drop to their lowest levels since 1999. The concerns over china are driving that. The crude is flat now. It was moving down earlier. Brent crude is actually rebounding. It is still below 45 a barrel. Copper is continuing its losses. Industrial metals have had a hard weekend some have fallen to their lowest levels since 2009. Copper has another set of weekly losses. Manus that copper is something to watch. Here is what is happening in on the move this friday. Draghi foreshadows the gdp relasease. Crisis. We break it all down. Is in. Neil atkinson donald tusk calls david demand a tou