North Koreas Nuclear weapons are a reality and the button is on his desk. Hello, from sydney. Im haidi lun. We are one hour out from a just first major market. Happy new year. Happy new year to you. It is just past 5 p. M. In new york, still new years day. In this neck hour, we will take a look at how wall street action could play into the very first asiapacific trade date of 2018. Lets get a quick reminder of how u. S. Stocks ended last year. Ended in negative territory with the s p 500 down about half a percent. The dow about the same, losing about 100 points in the last 15, 20 minutes as traders try to close out the position for the year. Year to date through 2017, the s p,the dow, and nasdaq were up about 25 . Russell 2000, the was up about 14 year to date. Green across the board. Absolutely. Looking for fresh drivers as we go into the brandnew year, tax reform getting done. Interesting if trading does get underway in asia. It will be a truncated start because look at the markets t
Credit for the rally. Does he own the drop . Sell share his views later on bloomberg. By the dip. Goldman sachs is bullish on stocks. We will hear from the copresident. We are less than a half hour away from the start of cash trading. Real seesaw trading happening overseas. In the u. S. , we had a big down day and then a pretty good update. In asia every recovered off losses from the day before and dropped down from the session high. Take a look at where retreated now. We do have gains across the board. We are looking at decent gains here. Dax and cacs gains are up. The yields are coming back down. They dropped about 20 basis points in a flash jump in bonds on monday. Then they rose again yesterday. Another coming back down a little bit. It will be very interesting to see where we open. Everything is a moving target. It will be interesting to see how long this rally lasts. Thats this kind of story. The close, u. S. Markets continue to rally. Thats what were pricing in in europe. You ca
J. P. Morgan and city topping estimates while wells fargo is hampered by rising costs. We will bring you the headlines. Mark have a look at european equities, 30 minutes until the end of thursday, the final trading session in europe before this long easter weekend. Dayencies were down for the after two weeks of gains. Trump wants a weaker dollar. He is not getting what he wants. Lets look at the sovereign bonds and commodities we are seeing. Yields decline. It is very much a day where investors are adverse to risk, commodities gaining. Lets get to some of the corporate stories. This is frances biggest retailers, shares little changed. Firstquarter Revenue Growth matched analyst estimates. Contracting sales in china were offset by growth in brazil. Most ollowing the down by 7 amid investor concern. London following is the title of this chart. Londons Housing Market is in its worst slump since the deaths of the financial crisis, eight years ago. Ricks. S price balance for london, the whi