Good morning, its monday and lets kick it off with data. Eurozone factory pmi, 57. 4, manufacturing growth coming in at the strongest level in over six years and forward looking indicators are positive, as well we had encouraging numbers out of italy, france and germany this morning lets have a look at the stoxx 6700 up by 0. 7 and that follows a pretty dismal week for european quit i did mequity markets we were off by roughly 2 , maybe because Central Banks have been turning more hawkish well talk much more about that with our guests in the next couple of hours. And lets also show you what the markets are doing one by one some buyers are coming back in ftse 100 up by 1. 5 , and the cac 40 also pitting utting in a faiy Strong Performance most sectors, in faskt all actun the green. Oil and gas also up by 1. 4 . We had a fall in the u. S. Drilling activity and that has been propping up oil prices. Real estate, food and beverages some of the more defensive stocks moving a touch lower. Hea
Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thanks for joining us. Global security and trade dominated the twoday summit of leaders from 20 nations that concluded in germany today. The g20 meeting in hamburg drew large crowds of protesters, as these gatherings always do. But that did not disrupt the business inside. Newshour weekend special correspondent Ryan Chilcote is there with more. Reporter today, President Trump met with key asian allies to discuss the ongoing threat posed by north korea and its long range missile program. Japanese Prime Minister shinzo abe called the situation increasingly severe. In a separate meeting with chinese president xi jinping, President Trump said of north koreas continuing weapons tests, something has to be done about it. The lea
Our morning. Just some clouds. And it will be a humid one. My hair actually is a great forecaster because i can tell when its humid, it goes flat real quickly. So we are looking at hot and humid conditions about spot shower, but not a washout. Right now weertre at 72 in philadelphia, 68 in wilmington and redding. Allentown, youre at 67. And at the marina, 74. Not bad today well have a southwest flow, so that will keep our temperature pretty nice even along our shore points will be in the mid80s for our High Temperatures. As for philly, we go through the next few hours, 77 at 9 00 a. M. And 83 by your lunchtime. But we wont stop there. Were talking more right around 90 for forecast high. And well look neighborhood by neighborhood and ill let you know what sunday is looking like, that is my pick of the weekend, thats coming up. Protests raged through the night in hamburg. Police say that the protesters set fires and looted supermarkets. As you can see, officers had to use water could not
Their toll . Unrest at uber. This is daybreak asia. We have to talk about that disappointing data on friday out of the u. S. All eyes will be on the big china data dump in the next couple of hours, including secondquarter gdp. That will be key for asian markets. The cpi and retail Sales Numbers coming in. Where is inflation . The fed is likely to continue to delay raising rates, and you saw the enthusiasm for that in the equities markets. Lets pull up the boards for how we ended on friday, adding on gains, the dow of 84 points come the s p higher by. 5 , the nasdaq adding. 6 . Quickly come inside my bloomberg. The fed delaying rates is great for everyone else except for the havecials, which investors been anticipating a hawkish fed and want to see those margins that,sed, but without another major headwind for the financials. We will see if there will be a rebound. We are starting trading in asia. It looks to be pretty positive and following wall street on friday. New zealand, of. 1 rig
Of globalization, we are going to be speaking live with the trade minister. Thet, 30 minutes away from markets opening in hong kong. Were just coming into the fray. Records for the dow, nasdaq and s p are seeing oneway traffic. Today, when you look across are seeing the wolves putting their hats on. Market is open, and taiwan. You can see that market has really seen a lot of care. A lot of people are also watching this. In overbought terrain. When you are looking at the working day, yesterday we are above this red line. You can see a little bit here as well. You can see this as we move above this. Looking at the markets right now , you can see the sport right behind me. 67, that would take us back all the way 18 months. We are very far away from that high. , only 11 stocks are down in that market right now. There is the best they there since the first of the year. Australia is seeing a fourday straight there. Go, pretty flat nonetheless. Take a look at futures in hong kong. , they are