Tight range for the moment. I would note that volume is down over the last average of the 20 days. Not a lot going on. Snp down. Nasdaq is down the most, 1 10 of 1 . It look at the nasdaq performance relative to the snp and dow. 17. Tv 82 massive runup here into the early months of june. A little bit of a drop off. Little gains here. Look at august. A lot of clustering. Not a whole lot going on. Put some could put some of his money back to work. Some of the drivers being mastec lower today. I will focus on amazon, down quite a bit. Almost down to 1 today. Julia chatterley in the last five minutes looked at it cutting prices. Approved the merger, amazon buying whole foods for 13. 7 billion. Quickly you see where they and the shares fall target rises. Down quite almost a bit. Earners, this company up 18 . Top and bottom line. Theyre forecasting fullyear sales ahead for the rest of the year that beat analyst estimates. Good news here from guest. Lia investors remain on at as donald trump
Corruption verdict. That verdict is going to be closely watched in south korea. Markets are waiting with bated breath, on the fed speakers at jackson hole. Be payingen will attention to tomorrow here in the u. S. There were some jitters in the markets. Ceilingk about the debt rattling investors. The dow off 30 points. Off 1 . Aq also s p down 2 10 of 1 . The declines are there but not as much as you might expect. Most investors are on the sidelines awaiting janet yellen and her comment. Yes. We are pushing pause. Talku can say anything to down that rising euro. In asia, prettier than brawl wall street. We have rallied for eight of the past 10 sessions. It has been a decent two weeks but we are flat for stocks. The kiwi, two days of losses. Spikes may continue to exit if we break below 72. We are just at a whisper from that now. And markets not going anywhere. We have been stuck in this tight range for three months. Mostly we will see any kind of breakthrough. 79 for the aussie. A key w
Samsung. The share price doing well. 9432,s chart number judges delivering of verdict in this graph to trial of jay y. Lee. Prosecutors requesting a 12 year sentence. They say they paid bribes to the confidant of the then the south korean president to secure governor support for the merger of affiliates. This has largely been ignored by investors. The kospi up 16 from august. It is an important stock. ,he percentage of total kospi the market cap, 18 s or thereabouts, so does dictate in some sense where the kospi goes. That is what we have at the moment. Haidi absolutely. We will be watching the outcome of that verdict. Has been the teflon market despite geopolitical concerns over north korea, samsung the ultimate teflon start despite concerns ongoing. We are 30 minutes from the open. , not aht, like volumes lot for investors on the macro front. Everything is converging on jackson hole. Lets look at asian markets. Unsurprisingly we are seeing a Holding Pattern ahead of janet yellen and
Heir prepares to receive his fate. We are live in seoul. Anna a welcome to bloomberg daybreak europe. There is an old saying which is around and around she goes, where she settles, nobody knows. Where will be dollar and tonight at 8 00 p. M. In the United States of america . The positioning is so stretched. There is something that has crept into the psyche of the market. Rally like this and we are heading for the first monthly gain on the dollar. The question for markets is according to networks. Investors are undermining the prospects of Federal Reserve tightening. Anna we are seeing dollar pools adding to the positioning. Not everybody is bullish. There is a survey showing dollar shortening is the most crowding credit trade. Crowded trade. It depends on how tight you think the fed will take policy. We will talk more about that as we go through the program. Lets take a look at the risk radar. The equity session a little mixed. Trump points senior republican for the mess about the debt
For wyoming, yellen and groggy take the podium. Kaplanson hole, robert defense inflation target saying it will be met. President trump will kick off the texaso overhaul next week. But how much can be achieved between a white house and congress . Hurricane harvey since gasoline surging as it heads to texas. Said to be the worst storm in more than a decade. We are less than half an hour away from the open of cash trading. I wonder how much it will move today at the open. Futures show almost no direction whatever. The euro stocks 50 almost unchanged. The ftse and backs unchanged and the backs dax unchanged. Could see a little rise at the open, but a very small one. A littlet bunds, moving yield today. Right now, up to 0. 382. Let me show you the threeday look. We have come down from 0. 4. If you look over the course of a month, we have come down from a little over. 5 . Bund yields continue to compress smaller and smaller, very interesting, as people seem to buy german debt. Manus will the