Symonds of the scottish fishing port of peterhead ill be assessing the mood here over the fishing rights the main obstacle to post trade talks with the e. U. And im santa how much and i have all the sport the Atlanta Braves to take it to a nothing lead in the National League championship series. Tens of thousands of people have been displaced following days of heavy fighting between Government Troops and taliban fighters in southern afghanistan it began on saturday and aid agencies now say hospitals are becoming overwhelmed with the fighting is in Helmand Province and centered around the regional capital of lashkar gah or the u. S. Has been carrying out air strikes to defense Afghan Security forces though this is the 1st Major Taliban offensive since peace talks with the Afghan Government began last month and it could come. Kates the United States plans to bring the whole remaining forces by Christmas Well weve got 2 reporters on this story a summer binge of baiters life or is indoor b
And china repair strains. Issues such as huawei and cashmere were not discussed. Lets see how we are setting up in asia. Sydni shares gaining up a quarter of a percent. 10 year yields up six basis points this morning. Onare keeping a close eye banks in sydney as they face an inquiry after failing to fully pass on rates. Cuts. Ave passed 57 basis shares down. 7 . Qe stocks are up 1. 3 . U. S. Dollar,n the recovering after the biggest twoday decline in four months and gaining against sterling. 2 10 of aund up by percent. Haidi lets get first word news. We start with the latest on brexit. Boris johnson has told his cabinet he still thinks a brexit deal is achievable. The eu says his latest plan is not good enough to be the basis for agreement. Negotiations continue on monday with brussels warning that time is running out. All sides must be prepared for the u. K. Took crash out of the block. Leaders, including johnson, will meet thursday. Typhoonying out after a left death and destruction.
Rishaad this is what it is looking like for equities. No trading in hong kong. It is a public holiday. Looking at active futures for the chinese market. Overall asia is feeling at down 3 10 of 1 . We do have many investors taking the opportunity not to go to work as is the case in hong kong where they have no choice. S p futures on the way up after the deep losses we saw in the session friday on wall street. Looking at the nikkei 225 coming off the lows of the day. Action there, political in part. The ldp may have lost a special election seats. That would be a blow for the unpopular president at the moment. Looking at the bond picture, yields where they were we still on friday. Japanese 10 year yields grinding to the upside up to 85 basis points. Wti off as the middle east situation seems to be simmering. Perhaps the calm before the storm. 70 five cent move to the downside for new york crude. A lot is going to be contingent on what the bank of japan does at the end of the month. Haidi
The averages passed a major number on tuesday, the nasdaq passed 7,000. On wednesday, tyesterday the do hitting 25,000 for the first time ever. This morning the dow futures are indicated up by 75 points s p futures up by 7 1 2. Nasdaq up by 30. The first trading week of the year on that time we are talking about some strong days the best threeday winning streak to start the year for the nasdaq since 2006, for the s p since 2010 of course we always talk about what happens in january often indicates what happens for the full year. Well talk all about this throughout the program today green arrows across the board. Lets look at asia the nikkei ended up by 0. 9 a gain of 208 points 23,714 hang seng up by 0. 25 . The shanghai up by 0. 2 . In europe, you will see also same story there up across the board. The biggest gainer being the dax, which is up by more than 1. 1 quick update to a security flaw that may have exposed some smartphones and pcs to hackers really did in a big way. Intel is s
Also announcing a Share Buyback worth 300 million. Always lots of airlines pu ns. , in theof up and down bond market, this chart 6473, a constant worry for Market Participants when they look at the highyield corporate debt markets represented by the white line. We have seen a declined in the highyield Corporate Bond etfs. That has some worried whether this decline will spillover into equity markets. That does not seem to be the case when you look at the gap between highyield debt and 10 year treasuries. Range, has stayed within represented by the blue line, and that is reassurance or market watchers, seeing the highyield behaving like what we are seeing in treasuries, so not likely to be a catalyst if there was more market turmoil. We dont see contagion when it comes to the credit space. The price action after the fed minutes, we got more clarity, but towards the late part of the session, yields picking up on the 10 year, stocks tumbled, the dollar reversing come so it seems like there