A bill on hong kong, the reason why they were crowding around over the weekend. More and you can follow on the bloomberg terminal. Meantime, lots of news in hong kong, lots of news on brexit, and things are probably priced in, with the exception, rish, of what we are seeing priced in, yields at 1. 6 . Rishaad hong kong down, a bit of weakness. Inflation numbers may be a bit of reaction to all of that, the movei 225, 3 10 of 1 , a weakening for the yen at the moment. Dont forget, this was at about 104 about 10 days ago. The path of least resistance for the nikkei, and the yen has been to the upside, but we are not seeing it though. Lets have a look at what david was talking about. Sovereign debt. We have got increasing signs that berlin may be looking at deploying fiscal stimulus year, deploying bun fiscal stimulus here, the german bunds up. Australia, silver futures, alongside old and platinum, still moving to the downside, perhaps people taking risk off the table, or putting risk on t
Loses another vote on an early election. And citigroup warns over trading revenue in the Third Quarter as the bank of america exec it if says his traders are doing ok. How is Morgan Stanley holding up . We speak with the ceo later today. Welcome to daybreak europe. I have three words for you. Need for adjustment. That is the tone coming from the germans. And it was the bone that whacked the bond tail. Interesting to see the global picture around bond markets being transformed by the trade narrative last week and also the hawkish talk we are getting from the ecb. Particularly northern europeans. Yes. Big move on 10 year notes over the past four days. 19 basis points. Guest post andr get a Quick Response in terms of what he thinks. Just having some difficulty hearing you. Lets turn our attention to the germans. I mentioned those three little words. Germany plans to run a balanced budget and it could be viewed as a case of an economic slump. Letterng to a finance obtained by bloomberg. So
They can replace the backstop. The ideas are capable of responding back to the unique needs of the irish border and avoiding the need of the island of ireland casting a shadow over the frankfort motor show volkswagen says tariffs continue to be bad for business china is considerably hit by the trade war, so it is tough for us and we would really appreciate if some of these threats would go away within the next month, which we probably dont see. Oil stocks rise as crude prices extend gains after saudi arabia moves saying it is ready for a listing. Zb morningood morning you can see a lot of red behind me the prior sessions before s p, nasdaq were around slightly positive a lot of focus on tech yesterday with the attorney general launching investigation into big tech that has been a big theme in the u. S. Banks with yields higher that has translated to europe. The shanghai trade slightly softer after weaker than expected ppi data have come in minus 0. 8 year on year. One of the reasons as
And it is breakfast or bust. The latest fast food chain to cave on the i need my bacon in the morning phase. If you want breakfast, you are going to get it at that chain. Welcome from wherever in the world you may be watching. I am brian sullivan. It is the event everyone will be watching today this is by invitation only apple set to make a major unveil what exactly does tim cook and company have up their sleeves today. Lets see how the rest of your morning markets are shaping up it is not looking that way now dow futures are off. Apple is a big part of that story. The bond market has been ticking higher that continues with 10year note yield at 1. 63 yield. That gap continues to grow around the world, japans nikkei rose shanghai, their market fell a touch. Producer prices in china fell in august by their biggest month over month drop in three years in europe, the macrotrade there is lower they are all down. A lot of red not a big drop in europe lets talk about the macromarkets includin
Flights today. Goldman sachs lowering its growth forecast and reports that wework could file as soon as this week. Were going to start today with the markets. Jim, not a repeat of last week, but were going to it is going to be busy, cpi, retail sales and more. Retail sales is on front burner it is hard to believe that given that unemployment rates are so low. People keep waiting for the inflation story in retail. I dealt with a number of retailers, and almost every retailer says, listen, very small margin hit to the september 1 tariffs. But as soon as you hear small, you say, big, big, big really good piece about dollar tree, not a lot of exposure to china and does well when the economy weakens. I want to watch that to see if we dont get the situation where we start trading down in terms of tocks macys, 7. 7 yield thats the paradigm of what people are avoiding. I think the macro does trickle down to the micro. Im concerned. Im really concerned about this hong kong situation too. You me