Asia. Rishaad we saw some tailwinds in the asiapacific, and it does it stop here . That question after asian stocks had their best week in six months. At what isa look going on here. Equities at record highs, but analysts seeing earnings season providing a further boost. Is essentially earnings per share coming through, and they are Getting Better and better. Companies had their profit estimates lifted by an average by analysts. Sts here for the rally to be sustained. Haidi whether this sentiment story or the fundamentals, it looks like earnings season looking buoyant as that gets underway. It is a big event risk week. , whether in particular that changes the narrative of the synchronize Global Growth story. China, cpi and ppi readings out of the United States after that payrolls number disappointed. Singapore, taiwan, and malaysia coming online. Lets get it over to sophie. Monday, momentum sustained in kuala lumpur, the index adding to the 1 gain last week, that building on decembers
Rishaad uncertainty of geopolitics affecting sentiment out there. Having a look at the volatility index, going to show you what is going on, because weve got levels being elevated. Ofe risk since the end october. This is where we are at the index. With the vkospi we have missile tests that elevated risks, but not quite like this. Normally south korea is sanguine when it comes to the threat from the north, but nerves are creeping in, haidi. Haidi thats right, and just as well that the japanese markets have closed. To latest Public Holiday appreciate the beauty of the terrain in japan. That does not mean the yen is not trading. We are seeing further demand as a result of the safe haven that picked up pace overnight. We are 15 minutes out from the opening of china and hong kong. Dave will take a look at the markets. Dave we went from 112 to 109, i guess keeping with your mountain day theme. We are offpeak. Far, inrkets opened so the past hour. Three markets opening up taiwan, singapore, m
See a significant selloff somewhere down the pike. Bank beats biggest estimate. Francine lacqua speaks to our guests shortly. Are less than half an hour away from the european open. Take a look at european futures indicating a strong open after a week or session. The ftse was down yesterday. Sending u. S. Stocks up to my asian stocks following through and european stocks will do the same. Talk about what is on the g a man. That is one of the big stories. The dollar setting the trend for pretty much anything. U. S. Equities had a solid day. Up by. 7 of one percent. Its being set. Two things to watch out for, what happens to the peso as we work away through the day. The other thing to watch out for is what happens to the lira. Many people think it got off lightly. It was a risk on kind of session. It did not get hit as hard as it may down the road. We will watch that very closely. Heres the bloomberg first word news with juliette saly. Trumpte president donald plans to unveil actions on
Lift their minds to the pure, t serenity of your presence challenges with faith and challenges with faith and optimism. May they find delight in doing your will because your precepts are within their hearts. Remind them that all that is necessary for evil to triumph is for good people to do nothing. Deliver them from sins of commission and omission. As you liberate them from all lessor loves and loyalties until they find in you their reason for being. We pray in your holy name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Mcconnell mr. President . The presiding officer the majority leader. Mr. Mcconnell yesterday the Justice Department released a transcript of the orlando terrorist 911 call in which he claimed responsibility for the attack and declared his loy
Stocks are headed up to their session highs of a with that said they are still in the red. Right now lets take a look at where they stand. The dow is coming up on the flat line, but the s p 500 is down by about a third of a percent. The s p is down for the second day in a row, and this is its first backtoback losses so far this month. Part of the reason for that is because of the retail data that we did see earlier today. Sales for february falling, and januarys game revised to a decline. We will see how the fed will factor in that with Interest Rates tomorrow as well as the day after. I want to show you the General Health of the s p in its sectors. Four are in the green, six are in the red right now and looking at the positives, Information Technology is of the most, by about a quarter of a percent. Utilities not too far behind. 1. 5 , care is down by which had been preceded by materials. Energy is down by about 1 as well. I also have to talk about what is happening in the pharma worl