Since worst month 20112012 for that group on the top. At the aussie and kiwi dollars and the kiwi took out its 2016 low and we are now for the lowest level since september 2015. Youve see ny onshore, got this chart. We have the worst month in seven years of e. M. Fx. We also have traders with the onshore yuan weaker than the official reference. David the two Exchange Rates and the fix. We will you show you the chart later on but backward looking. It sets us up in april various situation precarious situation into september. Yvonne we are still dealing with the headline risk. President trump saying the u. S. And china will renew trade calls, although he offered no details or timeline on what happens next. He spoke after beijing indicated it mauled immediately retaliate against additional increases and wants to prevent further escalation. The u. S. Is said to slap extra tariffs on 110 billion worth of imports on sunday. China vowed to strike back with levies of 75 billion of goods but sai
And paying the price, documents seen by bloomberg say Facebooks Libra crypto is already under scrutiny in the eu. Lets get a quick check of the tuesday session in the u. S. , risk off day with stocks ands and yields slumping. Every sector in the red in the s p 500. Financials and materials leading the declines. We continue to see investors prematch focus on what has come out of the jackson hole gathering. Meantime, the dow losing 100 summary three points while men nasdaq was down 7 10 of 1 . We also have a big week for u. S. Retail earnings, a bit of eye divergent picture with cold disappointing but home depot homes disappointment but depot rallying. Risk off sentiment for the day, u. S. Futures unchanged for the moment, but lets see how we are shaping up in asia. Futures are nudging lower, the asia stocks could have fresh lows this week if the momentum keeps up. We have a more soft ego data today that could put on the pressure. We have stocks on 20 date exports, down every month so fa
Hopefuls push for medicare for all, President Trump may roll out his own Healthcare Plan. Millennials are into social media, but they may not be social as you think. As the song goes, one really is the loneliest number. It is monday, august 5th. Fbn a. M. Starts right now. I love you. Wait for you. I love you. Yes, i do. Yes, i do. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Im deirdre bolton. Im in for lauren simonetti. Cheryl investors are continuing to worry this morning after that trade fight escalation. More on that in a moment. Look at dow futures, were down 370 on dow futures, and the nasdaq is down 143 and a quarter. Looks like its going to be a rough morning for wall street. Thats sending some investors into bonds. If you look at the 10 year treasury, its close to a threeyear low. Cheryl reports that the iranians have seized another oil tanker continuing to affect oil but surprisingly were a little lower on the contract this morning. 54, 76, a loss of 90cents.
Tech superpower status the newly created Tech Exchange called star market had a debut of astronomical games with some share prices shooting up by 520 percent heres a look at that 1st day. Trading at chinas new star market Tech Exchange was launched with a gong sounded by the countrys Securities Commission chief and shanghai as communist Party Secretary the Chinese Government has been pushing for a Tech Exchange as it battles with the us for technological supremacy modeled on new yorks nasdaq star market will give Small Chinese investors a chance to buy into Tech Industries that have so far listed their stocks on wall street beijing hopes to catapult the country into a leading technological position in the coming years. Profits the stock market looks at technology and a companys ability to innovate for. The 1st 25. 00 companies to list come from the biology medicine semiconductor Sustainable Energy and related sectors put a large proportion of their revenue into research and development
The. Total surveillance. Every face is standing and identified User Behavior on the internet is monitored. Undesirable actions are punished. China is on the pass toward becoming a digital dictatorship with total control over its citizens china need no dark corners of the close up 30 minute w. Equal india. How can a countrys economy grow harmony its people and violent when there are doers look at the Bigger Picture india a country that faces many challenges. And those people are striving to create a Sustainable Future clever projects from europe and india. To the team in the us on t. W. Im not laughing at the gem just sometimes i am but i found nothing when we should have been thinks deacons are german culture looking at the stereotypes the question to me is think this piece of the country that i now live from. Kenya you dont see the thickness grama there you go its all that good ok bob im a joke join me to meet the german fronted up you post. Im secure that the you were the target and