Moving into the thick of things as we move into these markets opening up in the next hour or so. In the asiapacific, it is friday. Lets get a sense of how we have done so far this week. Looking at one of our functions on the bloomberg terminal, a flow of the money into and out of different etfs around the world. Over thehe net flows next week or so. The u. S. Has obviously seen a fairly topsyturvy ride and where we are. Getting weakness come through earlier on in the japanese currency. ,he yen solvency also there reacting or perhaps getting offered up on the back of the gdp numbers coming out of japan. That inbe talking about a few moments. We are looking ahead to the data coming out of the chinese mainland. Around this time tomorrow, the all important inflation. Ppi numbers coming out, so it is. Airly big lots of guests coming on the show to tackle these topics, including bitcoin. 30 minutes away. Thats on the open up markets here in hong kong. Sophie is tracking all the market moves
Bitcoin bought at a buck where he sees it going next. An exclusive interview from the beach. Why . Because he can check out the far left corner, if you have crypto fever, well be fracking the price for the entire show, but first, we start off with judgment day for the fed. What could be the final rate hike for the fed chair janet yellen after four years at the helm all signs point to a go unher reign, its up a whopping 350 closing along with aish rye. Will this meeting prove different . Do you just keep buying, guy i think you just keep buying. Should this meeting prove to be different . I dont see how. I think it would be more volatile i think as long as think stay the course, i think the market is fine. We talked about this, petes brought it up, i brought it up as well. Its 930 now, so if the the market was concerned about it, it would be manifesting itself as a higher vix. Many, many times, stay the course it seems like the market is volati volatile quite frankly not all that volati
Carusocabrera in davos. And she is with the man who just finished up with President Trump squawk joe kernan. Michelle yes, thats right thanks so much tyler i am here with joe wrapped up extensive interview with president know a lot of things you talked about. Give us some of the highlights. Mr. Trump comes to davos. What would be anyones first question i wanted to know here you are coming into the bastion of elitist and everything else. How are you going to sell the american first agenda to the crowd we have here in davos . When i decided to come to davos, i didnt think in terms of elite es or globalist i thought in terms of lots of people who want to invest lots of money and all coming ba can to the United States they are coming back to america. And i thought of it much more in those terms. After i said that i was going, there were massive stories about the elite and the globalists and everything else. Its not about that. Its about coming to america and investing your money, creating
Daybreak asia. I am in hong kong, where it is just pack past 8 00. Yvonne, it was an extraordinary market day here in the u. S. Thead it records, 21,004 dow. And it was the busiest day of the year thus far in terms of volume. Heavy trading volume. Here in the u. S. , or i should say million a shares trading in the u. S. A big day as folks were buying. Certainly were buying. Especially the dow, more than 300 points up on the board. This bike calls for analyst before Donald Trumps speech. Outlook, if we are not getting details of this address and this speech, we will see a pullback. But it is the opposite now. In asia, as well. The followthrough in the region. Lets get to the market opening with sophie. To focus more on the fed following what boehner had to say. Janet yellen speaking on friday. We did see the dollaryen rising to a twoweek high of about 14. 4. Say widening rate differentials between the u. S. And japan are helping underpin the stronger dollaryen. Pb to be she does expect
Europes largely flat, same for the 10year as revised q2 gdp is largely in line. It is all about the fed today. Janet yellen speaking in jackson hole. 10 00 a. M. Eastern time. And right here, you will hear from former fed governors randy crosser in, fred mishkin and former and current vice chair of the Federal Reserve Stanley Fischer at 11 00 a. M. Eastern time in reaction to Janet Yellens speech. To our man on the ground Steve Liesman, good morning, steve. Cant get over the dress. The clothes. Thats all right. Its were waiting at about an hour now less than an hour now for Janet Yellens much anticipated speech, but in the meantime weve had really interesting fed speak this morning right here on cnbc. Most of the fed folks were talking to see rates going up. Not willing to be necessarily nailed down to a timetable but Loretta Mester did say just about a half hour ago, that she sees the u. S. Economy improving enough for the fed to raise rates. I think well have some strengthening in th