Clouds gather. And Boris Johnson heads to downing street. Must avoid a damaging no deal divorce at all costs. Check ofget a quick the markets. We saw the s p 500 topping 3000, gaining the most in more than a week. Earnings from the morning session. Ofults out of the likes cocacola, united technologies, not to mention Lockheed Martin beating expectations. We got news u. S. Negotiators were headed to china for the first facetoface negotiations since may. U. S. Futures under pressure, down 0. 1 . Taking a hit after hours after reports they would be facing more antitrust scrutiny. Lets see how we are shaping up in asia. Pointing to a mixed start as investors consider the warning on Global Growth with china receiving a global downgrade. Even as we have optimism around the u. S. China trade talks. The boj expected to downgrade some projections as well as lower Inflation Forecasts. Pmi datapanese flash and earning seasons taking off in earnest with names reporting in south korea. Of updates f
Ed you are watching daybreak asia live from new york sydney and hong kong. Haidi counting down to asias major market opens. Paul u. S. Inflation signals complicate the fed outlook. Penciling in a first rate cut by mid 2024. Sx traders are back on the yen intervention watch. Country garden to suspend trading for monday in almost a dozen onshore bonds. Softbank reportedly in talks to buy the rest of chip designer arm from its own vision fund. Shery u. S. Futures early in the Asian Session seeing upside after the s p 500 struggled for direction in the friday session. It finished at a onemonth low. Really after fluctuations between gains and losses, big tech led the declines. We had the nasdaq 100 seeing the longest losing streak on a weekly basis this year. Big tech pressured the markets, not to mention investors were really trying to digest Inflation Numbers, whether it is Consumer Inflation Expectations unexpectedly falling. Producer prices surprising to the upside pressured the treasur
After increasing doubt with inflation. After the flood credits are healthy and amazon really deliver for jeff is us. Jeff bezos. 12 figures, that man now possesses. For more on jeff bezos i went to bring up a chart. We just mentioned how inflation is missing the mark here. It just shows you how much we keep missing that market we are going the wrong way on inflation. That has a lot of people touting the coming rate hike next month and the one in 2018. That is going to be the subject of our conversation with many of our guests in the next hour. You can see the bond market is already down and we are going to get many rate hikes. That is huge inflation gauge coming out later this week. In terms of the market and how we closed on friday a lot of sh buying. Amazon was in the green. We expect the Retail Stocks moving on monday. Cyber monday is going to be the next focus for the retailers as well. They are really reflecting on the debt we saw in bond traders that inflation cannot get any clos
What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope
Hong kong fell, led by 10 . Desolate by tencent. Led by tencent. Chinese regulators are not spending. Approval of mutual funds plan to allocate 80 of other portfolios in hong kong. Global news, 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. Bloomberg. We are looking at markets. Have a look at hong kong. Hang seng down. Down. 9 . This is bloomberg. Emily this is bloomberg technology. This is the Biggest Online spend day of the year. How will cyber monday sales stack up . Where our Consumer Spending . Bitcoin hitting new milestones at a record pace. We will discuss their value. The Koch Brothers back meredith corporation. Will the deal help revive the Digital Strategy . To our lead. It is the big stay for Online Shopping in the u. S. This year. Cyber monday sales are expected to break new records as giants like amazon role at all the deals. Online spending totaled 3. 3 billion. Emma chandra covers the retail industry. Walk us through the trends. You