We will wrap up the weekend action from g20. Returns,sident trump how his Health Care Reit forms are faring in Congress Health care reforms are faring in congress not well. We are coming to you live from hong kong. We are the first ones to debut it, pretty spoiled here at daybreak asia. Is looking great. Cant wait to see how you will enjoy it. A new toy for you. It is just after 7 00 p. M. On fridayumbers looked good, a goldilocks scenario, but it does not stop investors from fretting about the bond market, treasuries, when rates will hike and we will get more clues this week from janet yellen in front of congress. Whether she will put more fuel into this on route. The equities markets bouncing. We will see if asia reacts the same way. We are starting off the week on one month lows. We will see if there is a bit of caution. You see how things are kicking off. Happening, new zealand flat, as well as the kiwi. , china inflation lowers out later on, wti for the week, so well below 45 afte
Rishaad kicking things off with , getting those numbers. How this hass us all turned around in recent months. , the factory gate price number we did have, and well, expecting the same level at the moment. The government crackdown on risky lending. Restocking inventories, and that would mean they do that despite the recent upswing as well. 5. 5 , cpi coming out. Holding steady, that stabilization story that beijing wants to push for this year. We will look at import prices and the impact of technology, whether that is keeping inflation and wage growth far away. Asia, singapore, malaysia, and taiwan coming online. Asian shares tracking wall street. Japanese stocks and shares in sydney leading gains. Tokyo rising the most in three weeks despite the disappointing core machine orders data this morning. The yen trading near a twomonth low, although now deepening losses, 114. 18 right now. Kospi higher, consumer stocks dropping over 1 . On korean won building gains, up. 3 against the dollar.
Welcome to Worldwide Exchange on cnbc. I am sarah ice en. Imt wilfred frost good to see you back with one piece after that crazy bike ride. Indeed. It was savage to be honest well worth it. We raised 480,000 pounds a big thank you to everyone that backed us. Good to be back. You had relaxation on the back end. The holiday part afterwards was great. Glad to have you back lets get to the markets after a bumpy week for stocks last week. It was volatile, ended the session and week flat. Futures looking up four points dow futures up 16. Nasdaq higher by 19 points as well nasdaq tech heavy index is a heavy swing factor lately in trade. As for the ten year treasury note yield, higher yields dominant following the jobs report friday. Theyre backing off at 237 theres a big backup in yields not just for treasury but globally, that caused a wobble. We saw them slip state side, theyve done so in europe after the French Central Bank member softened up more of those comments. It has been a global bo
Twotenths percent. In europe this morning youll see that right now the daks up by about a half percent aj point cac and ftse up. Spain is weaker. Crude oil prices, down last week this morning up, had been higher earlier, looks like it is down 32 cents a busy week of economic numbers. Jobs on friday today, may consumer credit, tomorrow wholesale trade numbers. Wednesday, beige book. And yellen testifying. And thursday before the cincinnati Banking Committee june cpi thursday, and friday, retail sales, cpi, Industrial Production on earnings fronts, pepsico reports tomorrow results from big banks friday, jpmorgan shares of Orient Overseas popping after china Cosco Shipping announced a takeover deal for the shipping company. This deal makes the company the worlds Third Largest container liner. And wanda selling theme parks, selling tours and projects to developers for 9. 3 billion. The sale expected to cut debt pile, strengthen case for listing on the main land after it was delisted from h
Retail sectors, the chain struggles to turn things around and teslas first model 3, rolls off the Assembly Line and ceo elon musk showing it off on essential media, checking Global Market action futures searching for direction this morning, they pretty much been going nowhere at the moment. Dow futures up 3 and s p futures up 3 and nasdaq futures current i up 18. We will see how things shape up. In Europe Movement to the upside there. Cac quarante and dax up as well. Hang seng posting gains of sixth tenths of 1 . All right, Facebook Ceo Mark Zuckerberg maybe looking to branch out beyond tech, details on new report hes eyeing a bit for a Major Sports Team and the super hero welcomed tat box office, the new speederman movie swinging to the top in debut weekend, we have the full recap. All that coming up and with me this morning fox news correspondent Lea Gabrielle, happy to have her. Health care credit and Michael Gregory is here. And forbes media chairman steve forbes, good to see you a