Global one day record over the weekend. Expects a deeper contraction in the u. S. As the infection rate stateside rises to 2 , but equities prove immune to the bad news with chinese stocks leading gains. Wall street is playing catchup after fridays Independence Day holiday. Vacuum. The power Commerce Bank looks to fill its top jobs as soon as possible in a bid to end shareholder revolt led by activists investor cerberus. Germangetting right now factory orders up 10. 4 percent. Sounds like a big number, but of course, its from a low base and it misses the survey by a lot. The surveyed factory order, the expectations for factory orders soth over month were 15. 4 we only got 10 point 4 . Much better than the prior month s 26 drop and it looks like german factory orders and a lot of things may be in this coming quarter may have a similar feel as Goldman Sachs cuts its expectations for u. S. Gdp growth in the Third Quarter. Here, you see european futures, big gains. Your stock futures up 2.
The u. S. Are drifting apart. What will the future relationship look like . Sys manytish airways of it says many of its Computer Systems are up and running. Onl stocks see turbulence the massive failure . Matt less than a halfhour away from the european open. Lets take a look at futures in the markets that are going to open and trade today. London is closed, not because of the computer failure, but for a holiday. Here you see the euro stocks futures unchanged, dax up just. 1 , cac down about the same amount. Check out the bunds. Looks like investors are selling off german debt, pushing the yield up. ,ight now trading is at 0. 35 not a huge amount. It still looks pretty blown out. Just want to know get through an hour without talking about bitcoin. Aussie dollar down, iron ore in the tank. Aussie stocks are also lower there was an attempt to runiit it up, but volumes are below the 30 day average, asx down. 7 . When it comes to the commodity side, this is where you are seeing a little bi
Reset his presidency after controversial advisors after bannons ouster. How much has changed at 1600 pennsylvania avenue . Juncker Martin Schulz steps up his campaign to unseat her. Challenger Martin Schulz steps up his campaign to unseat her. In the u. S. , he saw the s p and of dow futures starting to turn around. We have green arrows on european futures. If you take a look at the bond trade, we have a threeday chart of the german debt. You can see we have come down in a yield that we are now headed back up. This is the end of fridays trade into today. ,he yield heading back up investors starting to sell a little bit more of the debt and that twitches that pushes the yield higher. We will get some direction in about 28 minutes as we get the market open. What kind of direction do you see from that jim and screen . Screen . Creen gmm manus these are the equity markets across asia. We have more risk coming in terms of political theater. We have a reset on afghanistan this evening and so
In 30 minutesns time. 100 days of macron. Four months after the french president prospector he, the initial market euphoria about his win has managed. Just how likely is it that he is able to pass labor reforms . Matt we are less than half an hour away from the european open. Im am looking at futures that signal we will see gains at the open. You see the same in u. S. Futures and it is an interesting trade today after the trump speech yesterday. You see people selling bonds, selling gold, selling the yen against the dollar. Bund trade. At the people selling the bund as well so getting out of the perceived safety of u. S. German of German Government debt. D yield is miniscule at 0. 408. Manus this is a carry through of the rhetoric you just used which is that we are risk on. Theite pyongyang, warnings world that it would threaten the u. S. With merciless revenge. Founder of the Worlds Largest hedge fund is saying we are reducing risk because he is concerned about growing internal and ex
Will this, mys speed divorce talks . Waiting for draghi. President speaks ahead of the jackson hole summit. Will he give any substantial clues about the Central Banks next steps . Matt we are less than half and a lower half an hour away from the open. Futures are trading, a bit of a mixed bag in my you see dax futures a little bit, ftse and cap futures down a little bit but not a lot of direction so gains the games we we saw yesterday. Some slight, some bigger, the dax closed up 1. 3 and the cac and ftse were both up almost 14 ,. 8 or. 9 of 1 . Bunds, not a lot of movement, yielding 0. 4 even. See a lot of direction from investors. A lot of investors are waiting to see what mario draghi has to say later on. Digesting markets are what donald trump said and the distance you have to travel between rhetoric and delivery and action. That distance is substantial. Gmm is the personification of that. Aussie stock dipped lower into the close. A rally of 1 predicated on the possibility of tax cu