Sailing into stormy waters. More territorial tension between hanoi and beijing as china launches naval drills. Sovereignty their is being violated. You can follow me on twitter. Dont forget to include the hashtag trending business. China and hong kong markets get underway in 30 minutes time. Singapore, taiwan, and my later have come online. Lets go to david. David we are looking at declines in the early hours of asian trade. It is hard to not figure out what the next catalyst will be that drives equity to the upside. Volume is dry. The u. S. Was closed overnight. The jobs data is coming out. Equity markets, which have enjoyed a fiveday run are having a bit of a blowback right now. The rba trade numbers and retail sales are due out in 30 minute time. Asia looks like this. Down. 33 . These are the mining stocks. Going the opposite way for obvious reading is obvious reasons. Have a look at silver. Have a look at gold. Platinum also. Silver touch 21 yesterday and this is where we are havin
Doesnt have much room to rise. Is the crude rally done . Welcome to the program. Half an hour until the market open. Good morning, caroline. Lets talk about whats going on in terms of the equity market. After the volatility of the last few days, today looks relatively benign. We are looking for a reasonably flat open, a little bit of the softer side. 1 10 ofutures, ftse 100 1 higher, Everything Else looking softer. Caroline yeah, and the ripples of the italian concerns seem to be failing as fast as asia. Msci down, the first time we have seen a drop in that market in the week. We are seeking a move to new havens. The dollar is trading lower, yen trading higher, yields really pushing lower. U. S. Treasuries near a record low, aussie bond yields of 1. 94 , crashing to new alltime lows as the rba holds fire for the Interest Rate changes and italy yields are just pushing up slightly. Clearly, concerns once again about the banking system, the need for recapitalization and merkels decision,
Live from european take with from bloombergs European Headquarters. We are getting breaking news for Eurozone Services pmi. We did have the individual breakdown and most of them were a low expectations. Euro area as a whole fall and 52. 8 . Better than the preliminary 52. 4 . If you have the breakdown, it is pmiany Services June falling 23. 7 . Lets check on euro dollars. Lets go straight to the market. We are seeing a little bit of the rally that we saw faltering. A lot of stocks slumping, commodities down. Lets get those boards up if we can. Global stocks dropping for the first time in more than a week. This is mainly linked to what we are seeing in the banks. I want to show you some general index. It is the italian banks that is giving investors headaches. There is more possible to of bank bailout in italy. That is giving investors calls to be cautious. Lets get to first word news with nejra cehic. Nejra Australian Central Bank has held Interest Rates as it from an inconclusive gene
Will be the taillight and you talked about the fog. Kari talked about the fog coming in commuting towards San Francisco. This view was a problem yesterday, not today. Lets look at your map. Not a problem for the Speed Sensors either. Construction through 580 and no lane closures and meanwhile the rest of the bay moves well. Over here west 580 starts the slowing out of the altamont. Back to you. Not a typical tuesday. Super tuesday. Decision 2016 the most pivotal day in the campaign so far getting under way this morning. 12 states and hundreds of delegates and seven candidates all hoping to stay in the race. This is a live look at roanoke, virginia, this morning where a little quiet. Just building up excitement there. Just a matter of time. You mentioned hundreds of delegates at stake. Today in the bay kris sanchez is tracking all things for us super tuesday this morning how are things stacking up so far, kris. You doing some number crunching . 12 states are going to the poll and each p
Poll is. Good morning or good afternoon, charles. Good afternoon. Weve been seeing donald trump having some trouble with women, and we had the war of the wives coming into the week and just when you thought it couldnt get worse, it certainly has. But how much damage has been done . I think its been a a really rough two weeks for trump. Especially as it relates to women. If you looked yesterday, the antics that had happened with the Campaign Manager, with what he said about abortion, the battle between trump and cruzs wives. Said yesterday theres no way that trump can win a general election if he continues these antics. And similarly at surprisingly to me was critical of trump as well. So i think, you know, any to be fair to trump, any republican president ial candidate going into november is going to be carefully watched by the mainstream media. We can look at the past two election cycles, charles, and we can see that everything that republicans say whether theyre running for the presi