How fast or how slow the economy grow. Checking u. S. Stock market futures ahead of all of that, dow futures down 30 points. S p futures down three and final week of the month of july. Nicole stocks failed after bank of japan offered stimulus. The shanghai composite index down a half of one percent. Lauren tech rally continues an set to continue, shares of google and amazon both sharply higher after crushing wall street expectations. Nicole the golfer never won a tielt, squared off in chicago yesterday. All the highlights coming up. Lauren it is friday. Tgif. July 29th, welcome to fbn am. Latest breaking news and what to expect on the day ahead. Nicole breaking news, two Police Officers were wounded in a shooting late last night in san diego, california. The wounded officers were taken to a hospital. The condition not known just yet. At least one suspect has been arrested, police say they are still searching for the other possible suspect. No word the identity of the suspects. Resident
People to switch off smartphones immediately. Hillary clinton cancels a trip to california citing pneumonia. Her departure from the 9 11 commemoration has sparked health concerns. I am manus cranny. Lau in hongangie kong. It is midday. Welcome to Bloomberg Markets. We are taking a look at the markets in the asiapacific. It is really a selloff right now. Manus indeed. What we have got is a real decoupling of risk. Is it the beginning of a taper tantrum . The fed in hype, the bank of england on pause. Really unsettling the markets. Stimulus, the dissent. What you have got is the 30 day correlation at the bottom of your screen between bonds and equities, turning negative. Utilities dropped. The 10 year Government Bond yields spiked higher. You are seeing equity and bonds relationships moving in the same direction. Havesive plays as yields collapsed. Of ar this is a sniff dissent from Central Banks. Angie you can say that again. We are looking at volatility. Here in asia as well. All you h
Of Keith Lamont Scott vented their rage and grief. Scott was shot tuesday police say he brandished a weapon but his family says he was reading a book in his vehicle. During the second protest, one person was shot by another civilian according to authorities and is in the hospital on life support. Several Police Officers were injured journalists were caught up in the chaos. Nats Boris Sanchez getting teargassed one reporter was knocked to the ground by a passing man. Some demonstrators stood in front of the police line in an effort to maintain peace. And there were those who tried to calm the tensions. Toussaint romain public defender im trying to prevent people from being hurt, my brothers are out here too theyre trying to do it the right way. And charlottes mayor pleaded for peace to be restored to the citys streets mayor Jennifer Roberts d charlotte, nc i ask again for calm, peaceful demonstrations. It is important we have a full and transparent collaboratively to insure the integrit
Suggested a merger however yahoo says the terms were not sufficiently compelling. Let us know what you think. Follow me on twitter at rishaadtvand use trendingbusinessas well. A number of markets closed. Singapore and malaysia out of action. Elsewhere pretty negative. We are getting a complete headwind out of new york this morning. Not the best headwind you want. Those losses we saw coming through from wall street on friday. Also, volatility back, the vix back above 15. I won the only market coming online now. Taiwan hi juan the only market coming online now. Seeing anl very much impact, down 1. 4 , the won weaker against the dollar. We will get to samsung in a moment. The nikkei off by over 1 . Strengthen,ting to up. 2 at the moment against the dollar. There were positive signs coming through from the factory floor in terms of machine orders, still very much deflationary pressures. To 2 . 200 off by close friday and base metals, iron or, gold, oil, not helping things there. New zealan
All right, welcome back. Sorry about those technical difficulties. Now. Ve recovered cant say the same about the markets, a downbeat monday for investors. Juliette thats right. We are seeing selling across the board today. We are waiting for a key speech from a female fed member. It is not janet yellen. It is one of the voting members. She is normally quite dovish. If she signals a hawkish tone upe her fed peers have come with that likelihood of a september rate hike back on the table. The moment, 30 chance of a september rate hike. 60 in december. Cba saying the u. S. Economy is not Strong Enough to withstand to rate hikes this year. That nervousness and what we saw on wall street friday playing into markets here. We had huge volatility in the u. S. Session on friday. The firsts 15 for time in 44 training sessions. A lot of volatility in asia, hang seng off by 2 , only two stocks in the black. Off toi also being sold the tune of 1. 6 today. We are seeing selling coming through in all