Trademark traded migration and Climate Change. What will todays job number mean for the feds rate pass . We get the figures at 1 30 u. K. Time. Fromthan a half hour away the european open, we are looking at positive moves for Index Futures as well. Futures up a little more than half percent, tax future in paris up. 4 . You will see some big moves in asia topping the list. The nikkei pushing through 20,000 right now, right now at 20,000 177 in japan. Donald trumps decision to pull out of the paris climate accord. You will see some moves in currencies, as well, that go the other way of what we saw yesterday. The aussie dollar. Ase a look at what we have far as a sovereign bonds and commodities. The commodities trade has been a big one and its been pushing equities around. Here you see brent crude and the beauty i crude both down about 1. 5 , you are switching places there are so losses after gains yesterday, same is true for gas oil and then you see as far as moves in sovereign bonds, th
Flanneryw ceo jeff as the new ceo. I love the job, the company. Andink today is confusing, on the other hand so interesting. Iran gen 2008. I ran ge in 2008. It was bad every day. David joining us now is a bloomberg as dus analyst for intelligence. Why now . Jeff immelt had been getting pressure from all sides. Theystepped it up when initially bought into the stock. Would be passive investors, and when the numbers did not come through, they stepped up the heat. That was part of it, but it had been coming from a lot of different directions. David why hasnt jeff immelt been able to get the stock up . 2009, he did get a nice bounce as he started to redirect the company. Is a questionat among a lot of people. Shrunk ge capital, went back to the industrial base, started a major Digital Strategy , but the numbers have not been coming through and people have been upset about the cash flow. It is one thing after another that has led to the frustration. , that decided that immelt it is time. Th
Investigation. His lawyer said that is not true. Haidi hello from sydney where it is past 8 00 a. M. This is daybreak australia. The first major markets open. Betty it is after 6 00 a. M. In hong kong. I have come all the way here. I am almost where you are. We are looking at all the action on wall street playing into the asiapacific trading day. All this week we are here in hong kong covering the u. S. And asian markets. Along with political stories we are tackling later in the hour including brexit and toshibas semiconductor unit, a huge corporate story. We want to get viewers caught up with u. S. Stocks at the end of the day friday, and it was tech shares. A lot of focus on the big tech stocks and how they traded. They dragged down the nasdaq 0. 2 , the dow also ending slightly higher but a little bit dragged down because of really the dow and s p, seeing essentially not just drag down but also the sentiment kind of the Big Tech Companies fear the big news on friday was amazon buyin
Going at the moment. Off by 1 . Its all about the meeting between opec and their allies as to whether they can start to restrain supplies. Its time for your morning brief and a look ahead at the week. Nonopec members will discuss compliance with production cuts. Disney out after the close on tuesday. On wednesday, south african faces at Jacob Zuma Vote of noconfidence. Friday is u. S. Cpi data. The markets will be paying the most attention to those numbers on the heels of strong jobs numbers last friday in a continuing question of why we arent seeing more inflation. As you can see from this chart, the cost of protection inflation is largely down so far. Markets, two bond market tightens, black mark and blackrock and vanguard journey me now is paul richard. Welcome back to the program. Answer this quandary. Where is inflation . Shouldnt it be higher given all the other phenomena . Is hiding somewhere. I think vanguard and blackrock are right. It is coming. We just dont know when. You ca
Measure. Overnight in asia, you saw similar concerns as markets in both japan and korea came under pressure the nikkei down by 1. 3 , that is a 2 1 2 month low. Hang seng off by a third in europe, you can see similar concerns playing out there the cac is the biggest loser in the major averages declines of over 1. 25 and for stocks in italy and in spain if you want to check out what has been happening with currencies, the yen has been picking up some ground this morning. It is considered a traditional safe haven right now it looks like the dollaryen is at 109. 77, dollar up against the euro. Also seeing a big move in the swiss franc, seen as asafe haven trade. You check that out this morning, but weve also seen gold a little stronger and u. S. Treasuries picking up a bit as well and big news, disney says that it will pull its movies from netflix and launch its own streaming service, it will take several years to complete. Disney making that announcement as it released Quarterly Results