Next week. The brexit drama. Boris johnson skipped a News Conference as his host says the u. K. Is not serious about talks. Shery lets get you started. We are seeing u. S. Futures slightly higher by. 1 . This after the s p 500 slumped the most in two weeks. Coming after President Trump announced an initial trade agreement with japan. When it comes to the safe haven moves we saw in the last session, we had wti crude higher, the biggest gain since february of 2009. Those are being reversed with gold futures getting pressure, down. 3 . Not to mention, wti holding above the 60 per barrel level but still under pressure, down 1. 5 , this after jumping 13 in the previous session, given the previous attacks on saudi arabia and Oil Facilities. Lets see how things are shaping up in the asian markets. Sophie there may be impetus for Risk Appetite after the mixed session we saw on monday when Energy Shares rallied while Financial Firms led declines. U. S. Japan lines on the trade deal being narrow
Ceo from november 1, becoming the first female head of one of the u. K. s top lenders. Sterling on the up. The pound jumps after Jeanclaude Juncker says a brexit deal can be reached. The feds funding problem. As callsbank mount for a permanent fix. Good morning, matt. Matt lets take a look first off at the 10 year yield coming down a little bit, but still a 1. 76 . A lot of choppy trading over the last couple days in this week of huge centralbank announcements. It has left us pretty close to where we started. 1. 8 . We did spike to 1. 9. At least we are below that. Take a look at the equity indexes here this morning. I wonder how the pound moves are going to affect the ftse trading this morning. Dax and cac futures are down 0. 1 . Ftse futures down two thirds of 1 as the pound jumps up against not only the dollar, but the euro as well. What else do you see in the gmm . Anna really interesting on that point. At four 30 yesterday afternoon, as equity markets were closing up, we saw that
Time now for global exchange. We bring you todays market moving news from all around the world. Joining us from hong kong is enda curran, from saudi arabia we have in dipaolo, emma chandra from london, and bill faries in new york. A chinese trade delegation calls off plan to visit to american farms, according to people familiar with the matter, but the chinese official says the cancellation isnt indication of a negative turn in talks, saying negotiations on the agricultural area went very well, and the two sides held throw in candid communication. Enda curran joins us from hong kong. Give us the latest. Enda it does sound as though signals from the chinese side are very much that they want to manage expectations on track that they are making some progress. We had the Commerce Ministry on saturday making the point that talks with midlevel officials were quite constructive, and colleagues in washington are reporting that the next level of trade talks will happen around october 10, when c
The play was just extraordinary. Alix that was the winning moment at the end of the whole game. David and he didnt get up. Alix i do not blame him. The real action is going to be looking at the dollar, kind of around a two week low. Other than that, steady as she goes. The 10 year yield back by about three basis points. Crude, if itnt out is policy steady as she goes, that means more saudi production cuts. Crews wanting to kiss that 60 for crudeg wanting to kiss that six together level, waiting for toio draghi crude wanting kiss that 60 level, waiting for mario draghi. We begin with china, where the country faces and import and export deceleration in the month of august. Bloombergs enda curran has more. Just how bad was it . Pretty bad because economists were expecting exports would have grown. We had a contraction of 1. 1 , and there was evidence of a big slump in shipments to the u. S. , even as exports to europe grew, so it was clear the trade war affected all of that. The big fear
They were a little lighter than estimates, but still up by about 1. 6 . This is on the heels of Dollar General, that really crushed it. Heres a negative. They might see earnings on the higher end for the full year. They do not see revenue on the higher end for the full year. They see 43. 6 billion. They had seen 43. 9 billion. That could be a marginal weakness. David stock is up in the premarket a little less than 1 . You mentioned Dollar General, which has a strong showing. Alix blew outcome a really. Raised their guidance, they see fullyear sales forecasts rising. They did point out there are a large number of sales in their lower margin products, so margins will be an interesting story for them, but i think it always is for the Dollar Stores. David absolutely. The beat on earningspershare for the Second Quarter, and comp sales were up 4 . You can see they are up about 6. 5 in the premarket. Alix this will add some early optimism in the markets. S p futures up by a solid 1 , over 290