And what could that mean for the future of the trump rally . Rick, makes me think somethings got to break, somethings got to give. Bonds or stocks first . I think it will be mario draghi and the central bank of japan. I think one of the biggest reasons Interest Rates globally are going down is because traders always follow the biggest trader in the room. They always do. Down here in the 80s, we had tom baldwin. When hed jump up and down and bid for a thousand bonds at a time, it was big. What do you think every small local next to him did . Bit on a one lot or a two or three lot. So i think in that regard, theres a trillion dollars year to date being invested by central banks. Ever heard of soma . Wh we have auction, might be 28 billion sevens. Then the fed is probably buying another four we dont talk about. The other channel of course is growth isnt as fast as people would like it to be b. The final area is that overall, right now, the equity markets do have my opinion, a longer Term
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
Daybreak asia. 7 00 p. M. Andpast i am Kathleen Hays. Is discussingne the trump speech. Yvonne absolutely. Breaking news coming in through south korea with those trade numbers and it was a beat on all fronts. Surging 20 point 2 . The estimate was for 13. 6 rise. Anotheras well, riding estimate. Early indications of this, kathleen, when we had the first numbers in the first 28 days of the month, which did stir some 20 some percent. Really showing how resilient it is in the face of this political scandal that we do see rockingham south korea. That coming in at 7. 2 billion won, and it is a big beat there. Kathleen of course we have seen bright as one of the lights for koreas economy. Consumer confidence took a big tumble in january, as you know, and there is a concern that people are not immune to what is going on in their country, and there is a scandal that rocked samsung, the biggest, most powerful company in korea, and the presidency. Almagro and on. Yvonne you have to add a lot goin
Enterprises mean for investors . Tough talk. The eu president said in a brexit any brexit will be paid for by britains. Plus, the Prime Minister think she can have cake and eat it. And we talked to a ceo in about 15 minutes. Caroline we are less than a halfhour from the european owner. We could see a bounce back from features. Today, futures signal an update. About 4 10 of a percent. A Risk Appetite coming out on the back of those numbers from china. Is it something here to stay . Guy lets talk a little bit about what is happening with the stories. Lets get a first word news. Go to first world news. IsPhiladelphia Fed president uncertainty making an argument for delaying the rate increase. Will be al banker voters ear says he is worried about potential policies that would have distorted effects, depending on the outcome of the vote. He did support a rate hike in september. Scotlands first minister says she will publish a draft scottish and referendum deal next week if she feels her nat