Hefty bonusesming after years of fixed income trade. A different story for the rest of wall street . It mean foroes global wall street question mark we are less than half an hour away from the european open. Take a look at the futures right now, pointing for the most part two gains in european trading. We have futures falling on the dax in frankfurt, right now completely unchanged but slight gains on the cac and ever so slight on the ftse futures. Maybe more importantly, look to threeday this is a chart i have got up and you can see yields rising as investors selling out german debt, so maybe, just maybe they are preparing for a bit of a risk on day. What also be got . Else have you got . Checking on gmm. The Canadian Dollar down by. 51 . This is the obvious story that came out overnight create we have canada after moodys downgraded six of the nations over talking about indebted consumers and high housing prices. Will channel Roberta Flack and in wrote killing me softly 1973. You go to
And the countrys upcoming general election. Anna welcome to countdown. Im anna edwards. It is 6 00 in london this tuesday morning. Lets talk about what is happening in markets. The feds brainard speaking overnight, talking about what she sees as the case for really pausing and not hiking rates in september, purging them urging them with less urgency which is really setting the agenda for markets. We will look at the u. S. Equity session yesterday, pushing equities little higher. The story in asia is a little more complicated, some markets were closed previous day so there is not a downdraft from previous bouts equity market nervousness. Is not. Features quite like yesterdays trading picture so that is taking the edge off the asian trading day. We have the aussie dollar at light of the chinese data out in terms of the retail sales numbers, the factory output numbers. All of that looking better than estimated, but the Australian Dollar is looking low. The aussie dollar has not decreased