Reopening on hold. The bank of japan is expected to leave policy unchanged later while reassessing measures already taken to help the virus hit economy. Look at how take a markets are doing on boj decision day. We had that ricocheting session in the u. S. Overnight. If you needed further conviction as to the hand the fed intentionally has when it comes to showing up market demand, you have the announcement from the fed really causing that gain back into positive territory after we had declines of more than 2 in that trading session for the s p. Futures are looking positive. About. 25 in the green. We are looking at chicago nikkei futures trading higher by about. 3 . We are expecting just more operational steps from the bank of japan in terms of providing support to Small Businesses to be able to ride out the pandemic slowdown. In sydney, we are looking at a pop at the open. 2. 5 higher when it comes to futures, with indicated upside of two point 5 when the cash trading session begins,
Tooling, planting, fuel, refine teaching and helping transform lives. This is messy in action. This is human appeal. Is your opinion, public support for ukraine filtering. Angry farmers in poland and elsewhere protesting against chief imports from the war total country and governments are under pressure to take action. So what does this mean for ukraine is the war with russia interest . Its the yeah, this is inside story. The out of the im welcome to the program on jo, no, the European Unions been one of ukraines biggest back. Is it, its fight against russia. Among the many ways its given support is by reducing tariff. Sonya craig knew now quick agriculture lim ports, but now youre being farmers of pushing back. They say the livelihoods of being undermined by foreign competition, and they want trade barriers re imposed just as part of a big a backlash. And can you repeat . Indeed, as is discontent, while maintaining the support for ukraine will go to our panel in just a few moments, bu
And out quick cultural inputs. But now youre being fond of pushing back. They say the livelihoods of being undermined by foreign competition, and they want trade barriers re imposed just as part of a big a backlash. And can you repeat indeed, as is discontent, while maintaining the support for ukraine will go to our panel in just a few moments, but 1st sent them on a hand. Has this report . Farmers in poland are angry, and theyre not the only ones. Protest have been taking place in many parts of europe. Your regulations are part of whats during the unrest. But for many, the Biggest Issue is cheaper food imports from ukraine that they say are under cutting their business. Not the good says the season ukrainian green is flooding. Poland and were getting poor and poor. We dont know what to do with our products anymore. I mean, im, it doesnt wash it. Well, this is a pain. I want the government to take concrete decisions. We want actions, i want the government to understand and help us fina
As to the longer rates narrative. Pets on a november fed hike rising to about 60 . Apple sliding the most in a month under reports of some government chinese agencies banning the use of iphones. We get japans travel outlook exclusively from the ana ceo who tells us that demand from china is soaring. If you look at u. S. Futures, it looks to be shaping up in a fourthdown day. The asia session could change that. We are early in the session. They are pointing lower. I just want to give that warning right now. It looks like we might see little bit more weight to bonds. Yields higher once again today after all of that data. Service is showing a lot of strength but also strengthen prices paid, which is perhaps the most troubling aspect of this whole thing. That adds to inflation. With oil prices assize they are at the moment, thats another troubling factor for those worried about inflation. Those include some fed Board Members and some fed president s including Susan Collins and jim bullard.
This is an extension of the relationship they signed back in 2022, which happened just before russia launched its invasion of ukraine. This will be the 40th time xi and putin have met since xi jinping first came to power. So just awaiting the russian leaders arrival there. The talks will take place with the chinese president and we will have more on those pictures as soon as something actually happens. But putin is on his way to that welcome ceremony. In the meantime lets look at how markets are faring. A lot of green on the screen today. Avril this is the post u. S. Cpi everything rally, whether youre talking about stocks, bonds, currencies, commodities, all gaining ground amid those expectations that we will see fed rate cuts as soon as september. We are hearing some of the fed speakers not sounding terribly convinced. That is worth noting, one Economist Says the fixation on inflation out of the u. S. Seems to be prompting an overreaction to the u. S. Cpi print. Still we are seeing g