Mcdonalds allday breakfast fueling a yearlong sales surge, but customers are losing their appetites. An hour fromhalf the open here in hong kong. Any tailwind,ting more like a few headwinds coming out of wall street. Lets have a look at the markets about to come online, singapore, taiwan, kuala lumpur. Flat,a stocks fairly giving a mixed picture in asia. What is happening with australian stocks given the jump in metal prices helping miners on the index. Helping halted today drop. Trumps remarks overnight, the dollar on the defense which is putting pressure on japanese shares in the nikkei 225 down. 25 for a second straight day. To stop in focus is to conduct, is takata falling for the second day, dropping 17 last i checked. Lets take a look at what else is going on. On the cost be, they have swings so far, automakers dragging the most with hyundai leading the drop. Reversing the days earlier advanced to a twoyear high, falling over 1. 5 cent. 1. 5 . This morning, it did deliver a fourt
Donald trump said he will honor the one china policy in a call with xi jinping, where the two president s pledge closer ties and agreed to jointly address global challenges. Good morning. Happy friday. Lets get straight to some breaking news. The oil market is in wait and see mode, thats according to the ieas latest report which said higher stockpiles and caution from the markets in assessing the level of output cuts explains why brent crude prices have stayed in the mid 50 a barrel range. Opecs cuts cut a record compliance rate of 90 , making it one of the deepest cuts in the cartels history. Lets talk more about this with alec holborn. 90 compliance. Is that something not sustainable over the longer time . We get the next opec report, wouldnt that go down to 70 , 80 . I think theres a decent chance they maintain the compliance levels between 80 and 100 is where theyre at. The latest secondary source put it at 91 . Thats very impressive. A lot of that is lede edby saud arabia. They cu
Japans relations closer. What about closing the massive trade camp between two countries. Japan gets better end of this deal by how much . You might be stunned. They are headed aBoard Air Force one to joint base andrews to maralago. What can the u. S. Really get from japan if we buy more from them than they do from us . Former ambassador to japan john ruth what the art of this deal has to look like. Plus an anniversary in iran. Yet another reminder why President Trumps extreme vetting ideas may not be off base. Former Reagan Assistant secretary of defense larry korb on the day of rage has iranian citizens chanting, death to america. That is sure not scaring the bulls. Theyre trampling the bears with less than hand hour to the closing bell. The lets start the county down. Liz so that breaking news about ford. Ford is jumping 1 . Here is the news. Ford ininvesting one billion dollars in the next five years in artificial intelligence. It is buying a Company Called argo ai. They will combi
Warren here to talk about it. They are pointing out that bonds and stocks are in sink again which question as reflation trade and i kept asking that last week. 235 . What is going on with the tenure. Were going to blow out the deficit and military spending and infrastructure and tax cuts and all the greeowth, all the stuff. Maybe warren knows why. But u. S. Equity futures at this hour. Hes shaking his head. Were going to ask him. I wanted to surprise him with that. I got a lot of well, to eo late. The futures are indicated a little bit low. But nothing that significant yet. Overnight in asia. It was kind of quiet. Overall, we can see japan was down less than a percent and in europe, sort of the same thing. Were almost in a wait and see mode. Now im going to formally introduce you, becky. Time now for our special guest this morning. Becky quick. No, wait a minute. Becky quick is in omaha with our special guest and i love god, i love some of the stuff im reading about warren today. Money
SBusiness Report with Tyler Mathisen and sue herera. Funded in part by all it takes it a spark. The courage to seek the unknown. To innovate, disrupt. To move us all forward. To explore a different perspective. At nasdaq we connect the world. Its ideas, its capitals, its businesses. The people that drive global economy. The future isnt tomorrow, its right now. All it takes is a spark. Nasdaq. Federal agents search caterpillars headquarters and shares crumble. Snap and pop a messaging app that was once written off is now worth about 35 billion and there are a few reasons why investors scooped up the shares. A sellers market. Why timing is everything for the fastest home sale at the highest price . Those stories and more tonight on nightly Business Report for thursday, march 2nd. Good evening im sue herera. And im Bill Griffith in tonight for Tyler Mathisen who is on assignment right now. A rather unpleasant surprise for shareholders of caterpillar today. Global industrial suffered their