The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar
Fallout falling far beyond the economy. Is too early to get bullish on energy prices. Lets take a look at how markets are shaping up this tuesday. Take a look at asian stock futures. The japanese gdp is expect it to be revised of the second quarter. Futures moving higher. Chinese bought a water maker starts trading, kicking off another wave of ipos in. Sydney, as we go to overweight by j. P. Morgan. On u. S. Futures this morning, Goldman Peter oppenheimer betting that tech will continue to drive returns in the bull market. Jp morgan saying overweight tech and pharma. Nasdaq futures are under pressure. Check out wti. As the demandrrel recovery is coming and flatter than expected. Suggesting ongoing concerns when it comes to the supply and demand dynamic. Lets check in on the offshore yuan. Nomura cautions against chasing further gains as the appreciation has been driven by dollar weakness. The u. S. Could slow export growth and stimulate imports, which may be against the goal of becomin
Fallout to spread beyond the walls largest economy. As the brexit bluster ramps up, why Boris Johnsons threat is leaving most economists and traders unruffled for now. Haidi lets take a look at how we are setting up when it comes to the asian trading session this tuesday. U. S. Markets remain largely close for the Labor Day Holiday and this is how we are shaping up when it comes to the futures session, looking like we could get some positive momentum going into the resumption of trade. S p active futures up. 7 after the s p closed at the lowest level since august. We have the tech selloff really continue until full force on friday and will have to see whether that resumes when trading resumes later on this week. The nikkei 225 is up by. 3 when it comes to the future session as we get the leadership race in japan officially kicking off dollaryen pretty steady. 106 and a. We have the dollar rising against every g10 peer. The u. K. Is getting closer to that Nodeal Brexit scenario. New yor
Humanely and said he had no chance of a fair trial the film a c. E. O. Insists he was the victim of a conspiracy between this and the japanese government. I cant talk about what happens in the government or. I can give you names i know that but i am going on i respectfully but on. And i respect their wish because it has been extended to me but your courage is in the bottle and in no way i want to do anything or say anything that would make that task quite difficult. According to go on state prosecutors colluded with nisson executives against him because they wanted to protect the iconic japanese car brand from being swallowed up by its french partner ren no among those he named was the man who replaced him a c. E. O. He responded in no uncertain time. We discovered his extensive fraud 2 years ago he was my trusted boss and we felt very betrayed and now i feel betrayed once again. Connell is going was initially accused of falsifying Company Accounts he was arrested and then later releas
Mines are for that etal how much countries are developing how much steel we need to make buildings. Host Manuel Quinones is our first guest this morning. Special phone lines today. We want to hear your comments coal miners and family members of coal miners, 2027488001. Otherwise, lines are split up regionally. ,entral and eastern time zones 2027488000. Mountain pacific time zones, 2027488002. Lets talk about the power plants themselves. Where will you find coal power plants in the United States . Guest they are all over the country. You have a lot of coalfired power plants in ohio and indiana and missouri. Western states, youve got Southern States it really runs the gamut. If you look at the ohio valley area, an area that has been historically coal heavy because it is easy to transport, you have rivers and rail and a lot of mines nearby, but really, it is distributed across the country. Theres a lot of states that have tried to move away from coal. A lot of states have been moving away