By 5 minutes. So much tell you about during this live hour from months ago, its a pleasure to have you with us as well. Well, jerome has come to a stand still have a look at these pictures right here. So many thousands packing. The iranian capital, mocking the passing of the countrys president. He was killed along with other senior officials in a Helicopter Crash on sunday. Crowds about punched in the most from the pray for the victims. Officials from dozens of countries of also been attending the funeral events. Around the Supreme Leader i had told off how many let the prey is at the funeral for just showing him hugging the grandchildren of the late president and expressing his condolences and the Russian Foreign minister of paying his respects as well areas. So get off at off visiting, be around noon embassy and must go to sign a book of condolence. And the russian state do much because you have to slap a load and travel to tyrone and for the funeral service. The 5 ministers from tex
Shery welcome to daybreak asia. We are counting down to asias major market opens. Haidi asian markets are set for a cautious open ahead of the fed, with bets piling up on higher for longer rates. Treasury yields are getting some of their highest levels since 2007. Oil prices giving u. S. Housing makers a headache before wednesdays fed meeting adding to inflationary pressures while curbing growth. Indonesia pushing it critical deal with the u. S. As the green transition accelerates. We hear exclusively from their president. Shery the newest futures muted as we saw stocks and bonds falling in new york. The s p 500 down to a three week low. It is the eve of the fed Rate Decision and the bets are that centralbank policy makers will deliver. A hawkish hold. Of course we have Higher Oil Prices and you can cwt i at the moment above 91 a barrel. Brent just touched 95 a barrel at one point. Every time we have had Surging Energy costs we have seen the u. S. Tip into a recession in the mid1970s,
Major market opens. Vonnie good evening from new york. The top stories this hour u. S. Markets barely move as we await lots of catalysts including the instacart pricing. The chevron ceo said we may reach 100 a barrel in oil. Haidi a rare meeting with foreign banks and companies. Vonnie instacart set to plan ipo pricing of at least 30 a share. Lets get a quick check on wall street and see where futures are trading. Looks like we are moving higher but that is after a lackluster day. A no luster day. Looks like markets are awaiting the fomc meeting and decision on wednesday. Particularly the dot plot for a little more direction perhaps on where the fed things we are going. The fed whisperer wrote today that every hard landing looks at first like a soft landing. So that seemed very ominous to traders and investors who were reading the journal today. The 10 year yield is at the highest now since 2007 at 430 an d change. At one point earlier we had a bond maturing in 27 years, trading below
Anna good morning, everybody. Looks to you what has been happening in the Asian Session and what we expect for the session in europe and the u. S. Tax. E all about the stock futures and the dollar, the Market Reaction we are seeing broadly focusing on the tax. Not being distracted by trumps tweets and the activity over the weekend over the role of the fbi, Trump Administration, and ongoing investigations. That is not dominating the market news flow. What is dominating is the Senate Passing its tax legislation over the weekend. Futures demonstrating that. All of the major u. S. Indices higher on the trade today. The dollar index following with point 3 . We are seeing yen weakness, which is not helping. The yen weakness not helping. We see the asian equities session, in contrast to u. S. Futures, in limbo. There is a warning of frothy markets. Goldman sachs talking about valuations of prolonged bull market in stocks, bonds, and credit leaving measures of average valuation the highest sin
Probe makingrussia itself felt across the world. Have a look at gold. This is chart 6129. Fridayback into gold when the news came out that thatel flynn will testify President Donald Trump instructed him to reach out to the russians. We are under 30 minutes away from the open. Lets find out more from sophie. Could berustrating , today looking like. Afternoon,ndia this but looking at the moves in singapore, taipei, lets take a look at the open. A fairly mixed a session so far. For singapore, but some pressure for stocks. I want to show you this chart. This is one of the big moves so far this morning. Chart 6173, tax concerns outweighing the Michael Flynn drama. The 10 year treasury yield is climbing up of 2. 4 this morning. Even as the dollar is rising, we are seeing bearish dollar positions rising again despite the positive economic actual for the united states. Holding a the kospi threeday drop with the korean won under pressure. ,his is the yen is slipping 112. 78, and the aussie unde