In the corporate world office cash and apologies for historic racism. Critics say people want more than just words and serious action is needed. Lets get you a look at the markets. We had a whipsaw session as these comments from jay powell really causing investors to take a step back and consider the amount of risk being put on the table with this record rally weve seen this year. We are seeing on the downside when it comes to trading in u. S. Futures. Down by 4 10 of 1 . Chicago futures, also pointing like a down stock when it comes to trading. Over in tokyo, i should say. In sydney, a downside of 1. 4 . Interestingly, we are seeing that strong rotation from gross into value stocks in the australian market. New zealand, on the downside of. 25 despite rough data that suggests credit card data for may saw a bounce in consumer spending. Story, back to our top the Federal Reserve sent the most dovish signal it could after they didnt. Make a policy change Kathleen Hays is here. She has pow
After eating sevenmonth lows. Theproducers can halt recent slump. The latest trade data from china. The numbers will show how deeply the trade war is biting. Lets see how things are shaping up for asian markets. The s p went after through the largest recovery since december of 2018, we are seeing some modest gains in asia. Nikkei futures down, seeing the new zealand stocks up 0. 5 this is after new zealand, india, and thailand surprised with Interest Rate cuts. We are watching for a slew of Economic Data the big one is the china trade data, expecting exports and imports to decline. We saw some week pmi data before. Also, philippines Second Quarter gdp data will be coming out, it grew faster in the Second Quarter. Expecting japan currentaccount surplus data, expected to widen. We will also watching for singapore retail sales. Paul lets check in on the first word news. War isescalating trade seen pushing the economy toward a first recession in a decade. Larry summers says the risk in the
German industrial engineering firms reported a negative outlook for their China business in a recent survey, with weak demand and overcapacity most frequently mentioned as the cause for their low confidence.
Stocks Rise on Outlook for Rate Cuts, Earnings: Markets Wrap swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
Asian Stocks Rally as US Shares Near Fresh Record: Markets Wrap swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.