The world. The nasdaq up 0. 9 . Gold continues to rally. 1733. 48 an ounce. Plenty of currencies are moving against the dollar. How are we doing in europe, guy . Guy we are up, being driven by the oil and gas sector once again. We are trading near session highs. The stoxx 600 up by around 0. 6 . Relatively muted volume today, and to be honest, the volatility , soting to come down again bear that in mind. We seen a lot of centralbank news over the last few minutes. Christine lagarde has been briefing eu leaders as they kick off their summit, their videoconference. She has been warning them that gdp may fall by 15 within the region as a result of the virus. That is largely backed up by some of the pmi data we saw earlier on, particularly very Weak Services numbers coming through for the eurozone. A littlearting to see bit of tightening in some of the spreads. Btpsbunds coming down a bit, so a little bit of outperformance for peripheral bonds, but other big move upside for brent. To circl
Saudi aramco brushes off concerns. The fed says the u. S. Is in a good place and the data justifies keeping rates on hold. We hear exclusively from the vice chairman. Marketsck check of the close on the friday session in the u. S. We saw fresh records for u. S. Stocks with the s p 500 dating 1 . Energy and materials led to gains. Oil jumping the most in six weeks on a more positive, solid jobs report, not to mention optimism on demand as we saw chinese manufacturing data more positive. We also had positive trade sentiment with that China Commerce Ministry saying the u. S. And china had achieved a consensus in principle. The nasdaq gained more than 1 , the dow gaining three hunter points. 300 points. We have asia stocks set for gains after the rise on wall street friday. We had this week a lot of focus on chinese trade data, along with policy decisions from policy in Southeast Asia and australia. This monday we have australia retail sales headlining earnings, the bank missing earnings r
Wilbur ross tells bloomberg the china agreement is near periods tries President Trump wants this signing to take place in the u. S. The worlds Top Oil Company presses go on its longawaited share shale. They brought five brush off concern and says the price is right. Shery all change at the golden arches are the ceo is fired after breaking the policy. Markets have opened for trade lets. Lets get you straight to the Market Action. Sophie shares opening higher by 2 10 of 1 . This happened with the drop we saw for the benchmark. Keeping a close eye on westpac after a disappointing set of earnings. Ozzie yields tracking fridays drop in treasuries, rising six basis points amid trade optimism and a stronger jobs report. The aussie dollar is firmer. Offshorein on the yuan, trading below 704, building on fridays gains amid signs of stabilization. Asian stocks broadly looks to rises monday. Japan is offline for the weekend. Semiconductor players will be on watch on a report that the u. S. Govern
This morning, National Securities corporation chief market strategist, art hogan is hill, liz peek is here and James Freeman. Great to he see everybody. Thank you to all of our veterans this morning and their families. Liz peek, you have people in your family. Our son is a veteran. Maria thank you so much. And thank you everybody. We want to give a big shoutout all day today to our great heroes of this country. Our top story this hour is violence erupting in hong kong over the weekend, the protests now in the sixth month. Police fired gunshots at protesters early this morning sending one man to the hospital and the emergency room for emergency surgery, another man in Critical Condition this morning after being set oven fire for confronting protesters who had been vandalizing a subway station. This story is not going away. I think this is also creating pressure for xijinping in china but when you see things turn this kind of violent you wonder what kind of impact it really will have. It
Haidi welcome to daybreak australia. We are counting down to asias major market opens. Annabelle im Annabelle Droulers in hong kong. The top stories is our, positive move as the u. S. Inflation gauge slowdown reinforces fed cuts as early as september. Wall street stocks closing at fresh record highs while bond yields retreat. Japans megabanks forecasting Record Net Income as the boj moves away from negative rates, seeing a combined windfall of 21 billion. And china tech earnings on the way. Well bring you jd. Com and baidu results. Haidi take a look at how we are setting up in asia, set to rally after u. S. Stocks and bonds climbed on indications of slowly but surely slowing inflation data from that cpi print. The takeaway was that potentially provides affair with a little more room to start easing sooner, even as weve heard from jay powell that in the face of lacking evidence of disinflation or pressures that we may be staying higher for longer. Its a pretty robust set up, sidney futu