Hong kong recoils from one of its most violent weekends yet. Vandals attacked across the city. More pressure on president donald trump, he may be faced by a second whistleblower as impeachment drama moves on. Kathleen lets get onto the asian markets. A bit of an update on the u. S. On friday after the jobs report was good enough to make investors by more stocks. How does asia look this morning . Thana after that better expected u. S. Data ahead of the weekend, it looks like the focus for investors is squarely back on trade with the latest headlines saying the china side is looking to narrow the scope of discussion, not providing any positivity ahead of the talks. It is looking like asia trade will get started to a muted and mixed open. China and hong kong markets are closed in australia is on holiday, which is why we might see some trading. Last week, the nikkei fell 1. 5 . Osby futures fell last week. To the trade headlines, markets are digesting the hong kong protests dragging on as
New york stock exchange. The u. S. china trade war taking a bite out of apple, now on pace for the worst day in over a week as the white houses 15 tariff on a new batch of goods goes into effect over the weekend obviously, a big story for the markets. Apple products expected to be hit this time around include the apple watch, air pods, the home pod, imax, and some beat headphones for more on where the stock may go from here, were joined by an apple bear, Pierre Ferragu has a sell on the stock, a 170 target. Also with us, apple bull, daniel flax, whose target is, daniel . Carl, i cant give you a specific target, but what i can say is that while the nearterm environment certainly remains sluggish with iphone and clearly theres a risk in terms of higher prices from tariffs impacting demand, we see a lot that we like over the medium term and i say that because the iphone install base is continuing to grow the company has opportunities to show additional growth with Newer Services like tv a
Anna dealing with deceleration. Chinas economy slows to the weakest since the 1990s. Flat. Er ipo goes ab inbevs asia unit pulls its share sales. Its stakes to boost in of the belgian company. Program. Ack to the matt it is a pleasure to be back. Futures slightly gaining across european equities. We had asian stocks pairing closed, chinahas doing well with a weaker gdp rating for the Second Quarter. June data points higher. Dax futures up 0. 2 . Cac futures 0. 1 . Ftse futures unchanged. Anna you are away for a week and im sorry, we dont have anything more exciting for you to return to. European equity markets and asian markets, you can see the top line. To get more exciting. We hear from jay powell. There will be lots to talk about. There is lots to talk about as we prepare you for the week ahead. Asian equities and in particular chinese equities recouping losses on the back of data coming out of china. New zealand dollar, quite a lot of trade between new zealand and the aussie dollar
Rishaad the index of Japanese Business and manufacturing, very positive. Showing you what is going on in the past three years. Abenomics. Fore we have seen positivity. It has been working. Many fracturing there in blue. The blue line is showing the outlook. Just in manynot fracturing but also Business Conditions for the future as well. It is something that many people. Ut there are looking to it is signaling good times ahead for equities in tokyo. Haidi absolutely. Except fore faltered the risky inflation. It comes on the back of that very positive nikkei reading. All going into this bank of japan meeting. Seem to see a little bit of fatigue in the markets after what has been a massive week for centralbank activity. Pretty low volume. Lets take a look at markets. Traders today. R liette we are seeing money come off the table. Very low volume. Up by 7 10 of 1 . We hit that high. Have seen the tail codes the bank come under significant of decreaseterms meant. You cannot blame it on the j
From the missing plane it will be the first confirmation that mh370 crashed into the indian ocean in 2014. The air kraf was travel from kuala lumpur to beijing. Consensus calls for gdp to have increased at a 2. 7 annual rate. Also important today, the government plans to be releasing three years worth of revisions from the bureau of economic analysis. You might remember Steve Liesman first reported in april that q1 gdp was statistically softer than the other three quarters for the past 30 years. They said it was developing methods to try to address this problem. Well see if they have. From the economy to earnings among the companys quarterly result results. Procter gambles ceo will be joining us. I didnt Say Something about that. Earlier, just now . I thought at the top the show you might have said p g earnings. I would know if i said that. I thought you might have said that. Now youre starting to hear things. Maybe its from yesterday. We did talk about john mueller being on the progra