Once again, delaying a decision until october. Love them or hate them, etfs are here to stay and flows often signal Broader Market trends. Eric balchunas checks it out. And eric, its very much a picture of derisking . Eric yes. It is. Scarlet, thank you. Prices are down. It has been a choppy market. A lot of volatility in the last couple of weeks but the flows are really hanging tough for u. S. Equities and fixed incomes. Two aberrations we are seeing, and a lot of money going into gold. On the other side, a lot of money leaving emerging markets. Look at the bloodbath in emerging markets. That is only over one week. Over the past couple of months, they have seen a couple of billion dollars come out quickly. What really struck me about this chart is img is on here. These are the cheap ones that retail uses. This is beyond the trading crowd into retail. Lets look at imgs flows since it came out. Just to get an idea of how weird it is that img it has never seen outflows in eight years. Wh
Basic resources lead heavy losses with the sector on track for its biggest twoday fall in over three years autos shift into reverse chipmakers feel the heat with apple supplier ams sharply lower as fears rise that the new tariffs could pit the iphonemakers suite of products. And the german tenyear yield goes to an allnew low after its counterpart drops to its lowest level since 2016. Good morning. The trade truce is off President Trump blamed a lack of progress for the decision to impose a 10 levy on 3 300 billion worth of chinese goods coming this september. This sent shockwaves throughout Global Markets we saw wall street heavily in the red yesterday and that continued overnight. This is the picture for europe every single one of the majors in europe is trading heavily negative today ftse 100 down 1. 7 basic resources and some miners there dragging the oil sector as well xetra dax down 2. 3 . Again, you would imagine all of the exportsensitive sectors are impacted here. Cac 40 down 2
And a warm welcome to the latest edition of africa here from. Nigeria. And im cheryl minute from Nairobi Kenya today we have again literally a ray of new environmental ideas for you. Today to. Meet. A man with a mission. And we show you how farmers in zimbabwe are battling Climate Change with new ways of agriculture. Zimbabwes farmers face a lot of challenges sandy and. Climate change and most recently a new invasive and highly destructive pest on top of that is to mated three Million People in the country without access to reliable Food Supplies but theres also hope new stress resistance maize varieties and improved agricultural techniques could help the farmers to achieve the use that they need to survive. Looks at his field with disbelief. Whether the. Now excessive rain has drowned most of his harvest. This unpredictable weather makes survival tougher with each passing year. We are still finding it difficult to adjust to Climate Change. In this farming season we planted army. And u
Hello and a warm welcome to the latest edition of africa here from. Nigeria. And im cheryl minute from Nairobi Kenya today we have again literally a ray of new environmental ideas for you. Today. In kenya where you will meet. A man with a mission. And we show you how farmers in zimbabwe are battling Climate Change with new ways of agriculture. Zimbabwes farmers face a lot of challenges sunday. Soils Climate Change and most recently a new invasive and highly destructive pest on top of that that is the mated three Million People in the country without access to reliable Food Supplies but theres also hope new stress resistance maize varieties and improved agricultural techniques could help the farmers to achieve the use that they need to survive. Looks at his field with disbelief line sure whether the. Now excessive rain has drowned most of his harvest. This predictable weather makes survival tougher with each passing year. We are still finding it difficult to adjust to Climate Change. Fa
Sara eisen, jon fortt at microsofts edu event in midtown, manhattan. First up this morning, apple is going to have earnings after the close tonight. Stock hits another record high, its cash hoard could swell to a quarter of a trillion dollars. Josh lipton joins us from apple hq in cupertino with all the details. Hey, josh. Well, carl, apple stock surged more than 60 from its low last may. So can tim cook keep those bulls in charge . After the close today, the street expects apple to report eps of 2. 02 on revenue of nearly 53 billion. They are expected to ship 52 million iphones in the quarter. Thats because many iphone fans could be delaying upgrades as they wait for that new iphone in the fall. He says the wild card this quarter, gross margins, apple could get stung by higher component prices, but could also benefit as is now withholding royalty payments to contract manufacturers in that ongoing brawl with qualcomm. Beyond the hardware, a lot of attention paid to Apple Services which