System to unlock the new iphone and digital payments. Coming to you from bloombergs headquarters in new york. I am betty lou. Yvonne i am in yvonne man. Inflation data out of south korea. Pretty much a miss when it comes to the year on year figures. We have pretty much been around the 2 target for this year already. We are falling about. 1 . Not too much to be worried about. There has been a lot of centralbank hawkishness. Are they ready for some tightening as well . We heard from the governor last month. It could be well on track if this economy recovery continues here in we will see how that plays through. Betty it is interesting. We are paying so much attention to these Inflation Numbers. It looks like were seeing this global tightening trend. People are doubting fed tightening trends. The one who started it is now falling behind, perhaps. Yvonne more selective when it comes to data dependency. They are not looking for these recent inflation trends. Lets look at how things are playi
Officials are now looking into the worlds Biggest Social Network collecting information from its users. Teslas model 30 must ready to hit the road. Will this car in the perfecting the Auto Industry . Now to our lead. It was a global rally monday in equities. You do have to take into account low Trading Volume in the u. S. The trend is still clear with tech stocks failing to join this risk on mood. June sold the nasdaq and tech benchmark snap a sevenmonth winning streak. Is this a shortterm or longterm trend for tech. Lets ask our guests today. Wonderful to have you both with me. I want to start with james in new york. Doubt at a record today. Nasdaq is lower. Volatility is low. Im going to quickly show you a chart i have on the bloomberg, btv 859, volatility has continue to elevate itself within the stock market. James, what does this mean . I wher . Will we continue to see volatility . James it is interesting that tech is up 16 this year versus the Broader Group of 8 . This is a situa
From bloomberg asia. This is Bloomberg Markets. Asia market extending, u. S. , rashaad oil continuing its best winning streak of the year. China and russia say they are getting on famously and the u. S. Is warned about new negativity. Fits,d if the face use facial recognition to unlock the new iphone. Happened, it left a , a mood oflanned about a billion dollars traded, china Corporate Bonds and government Corporate Bonds. What has been happening in the last few years when it comes to the bond market, it seems to have been grinding to a halt in terms of that growth. This will hopefully get this a buit of a fill up. We may see that spread between china tenure Government Debt and 10 year treasuries, perhaps that narrowing. Is this something to watch out for . Haidi the key is really patience here. Give it a couple of months over the next year or so to heat up because ht we are about 30 minutes away from the open of china and hong kong. Sentiment is starting to pick up globally. That is g
We have the scoop. Some big names as well, karl rove, art laffer, judge napolitano, those are among our guests weighing in this hour. Melissa back to the markets. The dow singing for the second day, ending at the lowest level since july 7. Shares of american express, ibm, chevron weighing on the bluechips. Phil flynn, Price Futures Group is fox news contributor. Watching all the action of oil and gold from the cme. Adam shapiro on the floor of the New York Stock Exchange today. Adam, tech is one of the biggest bright spots today, amid going on today . Reporter no pun intended, apple of techs eye is iphone 7. Despite the reviews. The stock closed up today. Havent seen this price for apple in quite some time but heres the deal. They have already, according to Companies Like at t and verizon, they are selling out of the preorders of the new model. Certain kinds of the model, the jet black model with the total 200 plus gigabyte of memory. Apples stock is big winner. Suppliers and parts sup
Flat, fractionally higher from fridays close. The aussie dollar in focus today, a little weaker, . 76. Rva expected to keep it at 2 tomorrow, but increasing sentiment that rba has to cut. ,outh korea getting other way fractionally higher. Korean yuan down, but strengthening. Now, and5 online right this is the view. Futures had been pointing to a higher open, and now we are seeing a selloff. It is still strong yuan right there. Has finally got his hands on sharp. Chairman of foxconn technologies signed a deal for a controlling stake in sharp, saying he respects its innovation and leadership. Sharp shares surging in tokyo. Our tech reporter joins us right now. It has been a long, hard chase. Is it really over . Good morning. The money is literally in the bank. Transferred ¥100 billion to sharp on march 31, ending the chase. Finalizing the deal, a sale of ¥400 billion of new shares to give it full control. As the dust settles, the attention turns to the turnaround ahead. Angie aside fro