China september exports is coming through at the moment. Down. 7 in yuan terms. Going to get you the dollar figures when we get them. Lets look. No trading in tokyo today. It is sports day. Of people lot wouldnt have come to work anyway because of the weather conditions. Seng having a good showing. [indiscernible] look at some currencies. Tad. Strengthening a the ruppee, Inflation Numbers are out later today. On the central bank, which has declined to move last week. Singapore dollar, that is currently the situation. 1. 37. Lets not forget sterling. More uncertainty over brexit continues. Lets get more on what is going on with these trade numbers. David these are in renminbi terms. We have the local currency as well. Suffice to say, a lot worse than expected. We expected a 1. 5 increase in exports. 7 is what we got. Imports as big as well. Expected, we we got 6. 2 . This leaves not just the dollar figures but a whole raft of data set to come out throughout the course of the week, leadi
The outgoing president made a policy mistake. Definitely crossed my mind there, but my take is that as things change, also with Forward Guidance, policy may change. Not tomorrow, not after tomorrow, but i wouldnt think that its there for the next case. Deal. A deal before the President Trump confirms the u. S. Could sign a trade pact with china. Investors put some risk back on. In bringing back the bulls, Credit Suisse rages outlook for stocks as investors are net positive on equities for the first time in six weeks. Less than a half hour to go, welcome to the program, until the start of European Equity trade. This is what teachers look like. Weve seen a roller coaster ride for all kind of assets, certainly during the ecb announcement, press conference, plenty of volatility and markets. Expecting to go higher on european equities at the start of trade, but not by much. We put the ecb in the mix, but also the latest on trade. Lets look at gmm. Some positivity in asia is the underlying s
At the 10 year yield first. It continues to climb. 1. 87 . A lot of selling and bonds globally again today. We heard Bruce Bittles earlier saying 1. 90 , maybe 2 is where we are headed. We will speak with Marilyn Watson in a moment about global fixed income. The s p 500 continues to grind higher. All week it has been either flat or higher on the session. The best performer is freeport mike moran is freeport up nearly 5 . Wo bign has moved t figures this week as well. It is above 108. 04. Guy a lot going on in markets. Equities trading backup towards record high. Globally, shares doing well. I thing this is the third week of gains we are heading for. Trade fears may be easing a little bit. We also had the central bank story in there as well. The real story over the last three or four weeks has been this kind of real backup and yields. Bidst, massive bid, a fear attached to the global bond market. Since then, we started to go in the opposite direction. Marilyn watson, blackrock head of g
To daybreak europe. Lets get to the top stories. Chinese shares gain after industrial profits surge for the first time in over a year. Chinas property crisis rolls on. The founder of evergrande is put under Police Control. Amazon taken a hit setting president for tech relation and the entire country. The ftc accusing the ecommerce giant of monopolizing online Marketplace Services in a landmark antitrust case. Right here is europe, the ecb hawk telling bloomberg it is unclear whether European Central bank has lifted borrowing costs to their peak. Inflation is full of surprises. As a result, we cannot say for sure that now we have reached a peak and no more increase. The reason is that inflationary measure is on an in recent days we have seen how much Energy Surprises have surprise up. Kriti lets get a quick check on the markets because we have a lot to digest and crosscurrents. We look at the equity market we are coming off the u. S. Session where you sell quite a bit of pain. The s p 5
Over a beautiful, sunny weekend earlier this month (May 17-19), commercial litigators and judges from all over the State converged on Saratoga Springs and the beautiful Gideon Putnam.