Yousef we have fresh Economic Indicators out of saudi arabia. In 00 a. M. Across the emirates. In hong david ingles kong. Closing up for the run stake. Lunch break. Traders will head back to the desks and 30 minutes. Have a look at this chart. A lot of people talk about how solid the data has been for china. Look at the bond markets and what it has done in the past 10 spreads, you see the between the threeyear. We are back to the lowest levels of this time last year. When i am in doubt, i tend to look at the bond markets. One of the best quarters we have seen in years across the asiapacific. This takes me back to the story of 2016 and even 2006, where he had people buying more into Growth Stocks than value. That switched, and what we are seeing now, 2017, look at that divergence. The people are placing more best on growth companies. That speaks to what the outlook is for the economy. That is a safer bet. Yousef plenty more to get through in this part of the world we are two hours away
Low. This morning the Labor Department says 232,000 jobs were added in february, more than what was expected. That along with 4. 9 puts the labor market at a letter considered to be full employment. But there was one big disappointment, wage growth fell, its first monthly decline in a year. Reporter health care provider, retailers and restaurants run a ro bust hiring surge in february. Leading economists say the strong market meaning a recession is on the horizon. There is a discheck between recession and negative Interest Rates and all that. People are confident and Current Conditions have gone up in february. Its a good month for that. Still the jobs report was a mixed bag. More americans sitting on the sideline, came back into the jobs market last month and got hired, but wage growth di creased after a spike in january. Its the last jobs report been the Federal Reserve meets in two weeks. All in all, its a number, it doesnt change the dial for the feds for the next three months or s
Low. This morning the Labor Department says 232,000 jobs were added in february, more than what was expected. That along with 4. 9 puts the labor market at a letter considered to be full employment. But there was one big disappointment, wage growth fell, its first monthly decline in a year. Reporter health care provider, retailers and restaurants run a ro bust hiring surge in february. Leading economists say the strong market meaning a recession is on the horizon. There is a discheck between recession and negative Interest Rates and all that. People are confident and Current Conditions have gone up in february. Its a good month for that. Still the jobs report was a mixed bag. More americans sitting on the sideline, came back into the jobs market last month and got hired, but wage growth di creased after a spike in january. Its the last jobs report been the Federal Reserve meets in two weeks. All in all, its a number, it doesnt change the dial for the feds for the next three months or s
Low. This morning the Labor Department says 232,000 jobs were added in february, more than what was expected. That along with 4. 9 puts the labor market at a letter considered to be full employment. But there was one big disappointment, wage growth fell, its first monthly decline in a year. Reporter health care provider, retailers and restaurants run a ro bust hiring surge in february. Leading economists say the strong market meaning a recession is on the horizon. There is a discheck between recession and negative Interest Rates and all that. People are confident and Current Conditions have gone up in february. Its a good month for that. Still the jobs report was a mixed bag. More americans sitting on the sideline, came back into the jobs market last month and got hired, but wage growth di creased after a spike in january. Its the last jobs report been the Federal Reserve meets in two weeks. All in all, its a number, it doesnt change the dial for the feds for the next three months or s
More cash to shairps shareholders. Sears shopping for buyers for its canadian unit. Eddie lampert making more changes to that retail empire and sony, negative results again. More record highs for the s p and dow despite the soft data. Will we see new highs today . Another acquisition for yahoo . Marissa mayer scoops up snap chat rival strategies by a thousand buys blink. Youll miss another one. Whatever that meant. I dont know what i just said. Alibaba liked it. First up, though, macys did report First Quarter earnings of 60 cents a share, Beat Estimates. Retailer says comp sales down 1. 6, hurt by the Winter Weather and macys earnings released Terry Lundgren says sales trends did improve in april when weather started to improve. Announcing a 25 Dividend Increase and boost in the share buyback. The story on m is margin control. Despite the decreasing comp held vndsers to the fire. Got operating margin, 7. 1, looking for 7, gross margin 38. 9. Thats in line. Did they squeeze toomey . I