Studied after a jump overnight. Steadied after a jump overnight. You are seeing the likes of the aussie, which gained a bit yesterday, off those highs. U. S. 10 year yield snapping out of three days of gains at 74 basis points. Brent crude sliding on concerns of that second wave in china. As we mentioned about geopolitical tensions, we are moments away from hearing south koreas president ial Office Briefing on the north korean situation after that Liaison Office was bombed yesterday. We are seeing a little bit of reaction with korean assets. Not a whole lot when it comes to the stoxx, although you are seeing to the stocks, although defense stocks are up today. The won taking it on the chin. Weaker by 6 10 of 1 . Vol spiked up just slightly. Haslinda geopolitics adding to marketweaker by 6 10 concerns. China has ordered all schools in beijing to close as it struggles to hold a new coronavirus outbreak which has already spread to neighboring provinces. Lets head to the capital and our ch
At a 10 plus number for on them limit on friday. The dow jones is down zero point 3 . The s p is positive by just a point. The nasdaq is down by four points. Very Little Movement right now, at least around these indices. The dollar index is stronger today at 100. 18, as the said continues to as the fed continues to invent ways to get money into the economy, the latest to get banks to breach their leverage ratios. What is going on in europe right now, guy . Guy as you say, the dollar is creeping up, which means the euro is going down. The euro a big component of the dxy index. The dollar regaining a bit of traction right now despite the fed efforts. European stocks down by about 0. 6 . The only sector in positive territory is the oil and gas sector, given the climb we are seeing in crude prices. Brent is up by 5 on expectation for the president that a deal can be done between the russians and the saudis. Eurodollar now with a 1. 08 handle. Down at the bottom, youve got a bit of an offer
Official think lowering to a negative rate will not provoke a backlash. Attention on the trade war. The deficit seen widening last month. Lets get a quick check of asian futures right now. In japan we got the nikkei futures pointing modestly higher. A similar story and south korea. While here in australia we have got futures pointing higher. New zealand been trading for an hour now. Not a great deal of action to report. Paul shery ahn u. S. Futures not doing much of the moment. After stocks drifted throughout the session, and then we had a slight uptick for the s p 500 to gain. 3 . We have consumer shares rounding and Energy Stocks were some of the big losers. Losing a lot of ground after that huge surge we saw a 15 for crude monday and continuing to fall below 60 a barrel. We also have banks underperforming. Ahead of thatll fed Rate Decision on. Wednesday ahead of that, we are now seeing the money markets and turmoil. Take a look at this chart on the bloomberg. We saw the rates surge
And hang seng modestly higher here. This is after we did see liquidity injections keeping that targeted rate at 315. The chinese 10 year bond has been interesting. Yvonne david 313, lowest level since march. You are looking at sterling here as well. He thinks that it has gotten a little wide here at over 100. Sterling is under pressure. It is under more pressure if you measure that against the euro. A record streak of weekly declines. Continuing ratcheting up of tensions with iran. I guess it is about whether Boris Johnson is going to be the successor of theresa may. Certainly a lot of pound traders are focusing on the currency and focusing on shanghai as well. A little more green on the screen here. Really different from what we saw yesterday. For stocks currently in the green. Sawing close to what we yesterday. David it was a bit crazy. Giving your declines, this is 20 out of your 25. If you look at how they have done year to date, there we go, still up 360 in some cases. The program
The hang seng was down more than 200 points. Talked about the violence that erupted overnight. We will talk about that later on. Strongerr seems to be on the back of asia fx currencies, like the south korean won. We saw the export and import numbers from south korea for the first 20 days not looking pretty. Chip exports plummeted 30 . Royal watching rick rude brent crude. Political tensions between the u. K. And iran. The latest on the strait of hormuz. We are seeing a mixed decision see yieldskets higher. Some of the boards will show you what we are watching out of china. All of the love has been in shanghai. The less rest of china is overlooked. Csi down 4 10 of 1 . Shanghai shares of lowered by close to 1 . Shenzhen and the chinx, i the liquidity is getting sucked out. , the liquidity is getting sucked out. Unofficially, what we have done at bloomberg is put together our own it inhouse custom index. It is based in market cap. Overall, we are up about 75 today. You do see why that is