Highs. As dom mentioned, a couple of days left in the trading mark. The s p is down 4. 5 and the nasdaq down almost 6 . It has come as the flip side of higher yields. The tenyear yield closing level on august 31st was just 409 as you can see over here. We jumped more than 55 basis points in a month at 462 latest check this hour. Lets bring in rick san tetelli from chicago with more. Rick. I tell you, if i had to make a prediction folks, this is just my opinion but i would say i have a cycle interim top showing up technically. So today and tomorrow are very key days if you are watching the treasury fixed income markets. I would look for a little bit of buying to start reversing some of the moves. Lets get to the month to date. As kelly was saying, look at the month to date, up over 50 basis points at current levels. What is interesting is if you add in twoyear and 30year, well, 30year is up 53 basis points month to date at current levels. I have talked at great length about how long ma
Data points in a straily a disappointed investors. Im looking at this litmus test to see if it is a risk on risk. 166. 7 112. 67. We sit downhour, with the rbs chairman. Howard davis will talk exit and the ranking landscape. Later on, we will speak to the Deutsche Bank chief economist, david for kurtzlandau folkertzlandua. Nejra theresa may is expected to propose two simin another proposal for brexit. Reporters were told yesterday that quote, having consulted with the people of london, she wants to come back with some tests. European officials are said to be flexible over a deadline, as they appear to seem talks move on to trade. Trumpst donald decision to recognize jerusalem as israels capital has prompted condemnation from global leaders, and protest in the middle east, raising concerns raise move could new violence. It is time to officially recognize jerusalem is the capital of israel, and the u. S. Can start its process of moving its embassy to the city. Israel is aump subornation
October after an Appeals Court upheld his corruption investigation. Markets will have a strong a. Pressure will hurt fullyear sales by 460 million pounds. We will speak to the companys ceo in an hours time. Davos withre live in a great line up of interviews. Lets find out who is on deck. Good morning. Francine good morning. We have quite a lot with a great line up of interviews. Lets find out who is on deck. Of great interviews coming up. Be speaking to the barclays Ceo Jes Staley. To the primelking minister of ireland and we will be talking to the u. K. Prime minister as well as well as the chancellor. If you look at the we are spending politics, the economy, and finance and we are seeing the ukrainian president. It is a packed show and it is day three of the World Economic forum. We have all of today and tomorrow. Talk about the markets. What do we have in terms of what the futures are expecting . Less than half an hour till the start of trading. What is the picture . Matt we see fut
David right, a big week for markets. Japan is closed. Have a look at where we are. We talked about 2500 on the s p 500. Asian shares are at a 10 year high. Where does that take us . Have a look at this chart. You the ups and downs of momentum. Might haveare that pushed it below trendline in early july. Rsi almost dipping below 40, but rebounded nicely. This shows you that the bull market remains intact. Japan is shut, some not a lot of updates. It is still risk on. Not a lot of appetite for haven at the moment your it could at the moment. It could change this week. Lets get you to the open up markets. Sophie is tracking all the moves monday morning. Sophie the flavor this morning is risk on. Singapore joining the upswing along with the taiex. The malaysian ftse down. Haven assets, the yen and gold on the back foot. The dollar rebounding from the drop on friday. The yen is down. 3 . This could be the unwinding of positions. We are seeing liquidity given it is a holiday. The key data poi
Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quite some time are now up about 8 cents. 52. 26. Here are the big stories were watching new comments out this morning from the saudi crown prince. He says the aramco ipo will take place next year and valuation of the company could top 2 trillion the crown prince said saudi arabia is working with all Oil Producers to rebalance the global oil market. On the wall street agenda, weekly jobless claims out at 8 30 a. M. Eastern, followed by september pending home sales at 10 00 a. M. In europe, we are go