That is after that lackluster session on wall street. Divisional benchmark stalling after a fourday the regional benchmark stalling after a fourday gain. The nikkei future five on the retreat. Front, had on the data japanese retail sales showed a presales tax hike boost in september. That may further encourage the boj to hold fire as domestic demand has been holding up. The hun sen is under pressure as investors have to consider this. The hang seng is under pressure after investors have to consider a weak economic future. Checking on the aussie. Third quarter inflation met estimates. The yuan is holding losses. The chile trade deal being signed. The pound is going nowhere. That continued delay on the traderexit and picture, that has pushed volatility near an alltime low. Pricing markets are seemingly and into the shocks. Lets go to first word news. Kongsstart with hong chief executive carrie lam. She says the nearterm outlook for trade and dismal. She says the economy grew. 5 percent.
The astros in game seven. Were going live to houston for the world series series epic v. It is thursday, october 31st. Happy halloween, everybody. Fbn a. M. Starts right now. We are the champions, my friends. And well keep on fighting till the end. We are th the champions. Lauren they are the champions, celebrating in the Nations Capital this morning. Welcome to the show, fbn a. M. Im lauren simonetti. Cheryl what a world series. Were going to tal talk about it later on in the show. Good morning. Im cheryl casone. Lauren we might see new records, more records today, apple stock trading up 2 andahalf percent in the premarket, the dow twothirds percent from a record closing level, up 27 right now, nasdaq jumping 17. Cheryl in china factory output slowing again as theyre feeling the pressure of the u. S. China trade war dragging down. Investors reacting to the fed decision, the fed cutting Interest Rates by a quarter point. The nikkei, the hang seng and coughs bkospi are all higher ths mo
Losing month for 2019, first may decline for 2012 this morning you see modest green arrows s p futures up by 2 points and the nasdaq up by about 9 points. Overnight in asia markets slightly stronger. President trump coming back from japan. You see the nikkei closed up by a third of a percentage point. Similar gains for the hang seng and the shanghai deposit up about 0. 6 in europe its a mixed picture. The ftse up by about a tenth of a percent. Stocks are weaker in it will i and in spain as well if you talk a look at whats been happening in the treasury market in the United States, youll see the tenyear is yeeling, wow, 2. 89 , so below 3 . This morning alibaba deba debating whether to offer new public shares in a second offering, this time to hong kong reported will i they could raise up to 20 billion. Theyre currently working with financial vuzers to offer the listing as early as this year. The Company Initially listed in new york in 2014 raising a record 25 billion shares of alibaba
Good morning. This is bloomberg daybreak europe. These are the stories that cite your agenda. A selloff in chinese equities deepens as the property sector crisis continues with Country Garden ocean shares plunging. Save the date. Goldman sachs says the fed will start lowering rates by the end of next june with cuts being gradual and quarterly. Plus the yen weakens through a key level against the dollar, triggering speculation authorities may intervene to support the currency. Good morning. Happy monday. Welcome to a new week. The last week ended with stocks scrambling for something to cling onto. The s p 500 closed a month low. The nasdaq notched its longest weekly losing streak this year and the latest mixed Economic Data did not do much to help. If you are a stock or treasury bull, bill gross has a message for you. He says the fair value of the 10 year up and is about 4. 5 . But look at where we are this morning. 4. 17 , up two basis points. A way off to go. In asia, the selloff in c
Good morning. Half an hour away from european open. Let me tell you how things are starting to shape up now. A lot going on. The g20 meeting. What is happening with the imf meeting. All very much and focus. Let me show you where the future story is going. Very flat call this morning. Not going to do much. We watched plenty of other assets. Let me show you what is happening with dollar yen. There is an interesting report out of one of the japanese spikes. Suggesting desk japanese banks suggesting japanese banks suggesting the earthquake may be the cause of not having to use the failed attack site failed tax hike next year. We are watching the dollar yen carefully. Brent crude, we are watching what is happening this weekend oha. Elhomme in del youve got the spat between schaeuble and the greeks. The imf in the mix. Aussie dollar trading higher, unsurprising given the chinese data. Heres Juliette Saly. Saidtte Goldman Sachs is to be embarking on its biggest costcutting push in years as a