President trump dismisses talk of an extension. The markets are opening right now. U. S. Futures coming in slightly higher at the open. This, of course, after the regular session felt pressure. Stocks falling for the fourth time in five days. Had the stimulus package being blocked in congress. Both sides are far apart when it comes to more stimulus measures. Leading the decline. Volatility much higher. The dollar also strengthening. Weakness in the pound. The pound picking up more than 11 , although we did see the u. K. Refusing to withdraw legislation to tear up the brexit treaty. Look at what oil is doing at the moment. Oppression, 37 a barrel under pressure, 37 a barrel. Lets see how things are shaping up for the asian markets. Futures are mixed, but we could be looking at a down day this friday in asia. Back to back weekly declines. Australia, we are watching commodity stocks. Chinas plan to boost the reserves of oil and strategic reserves. Over in japan, we are keeping an eye on n
Amazon billion offer to goes from rivals to partners as jeff bezos is willing to take a 40 stake in his indian retail revolution. At thelets take a look set up for the session of trading in asia. We saw that resumption of the loss in the u. S. How are we setting up in this part of the world . Sophie a pickup in volatility once again. In asia, futures are mixed, but we are seeing s p eminis. Chicago adding. 3 . The yen is stuck in the range with brexit risk also a consideration. We are watching tiktok reaction to trumps extension of that tiktok watching reaction to trumps extension of that tiktok sale. Jupiter Asset Management is cutting its exposure to debt of Chinese State linked borrowers so that is something to consider as well. Ahead of the u. S. Election, you are seeing one vol bets can yuan vol bets. Keeping an eye on korean bonds with potentially 6. 3 billion of supply coming through. The government may submit its proposal to parliament this friday. The global rush of Corporate
Hold onto a recent rebound and global stocks head for a second week of losses. The European Union is giving Boris Johnson until the end of the month to back down on his controversial brexit bill. Cable holds at 1. 28. And citigroup names jane fraser ceo, making her the first woman to run a major wall street bank. She faces the challenge that alluded her predecessors, boosting the banks profitability in line with its rivals. Just under an hour away from the start of cash trading in europe. Lets take a look at where futures are pointing here on the dax, ftse, and euro stoxx 50. Futures all pointing down, although slightly lowered right now, with ftse futures off by about 0. 3 . Take a look at u. S. Futures quickly after the drops we saw yesterday, almost 2 drops. We have a bouncing futures bounce in futures. Anna lets have a look at some data out of the u. K. We are getting monthly gdp data. The u. K. Economy growing by 6. 6 in july. It is almost in line with the estimate of 6. 7 . No su
Alan joyce. From a one headline monthly job report can reverberate, not just through stocks, bonds, currencies in the u. S. , but around the world. Wages accelerating, the rate hikes accelerating not just from bonds 8 but for pure but 4 . It was the move down and stocks that caught everyones attention and makes us wonder how this carries through in asia. Typical big story in the u. S. , but anyone watching markets, i am serious, this u. S. Baton has been passed Asian Traders and they will determine what happens next. Yvonne i think there is still some time between now and the game for us to talk about what is happening. Of mentioned a little bit equities, that could do some damage in asia. Kathleen how about halftime, you can watch Justin Timberlake and us too. A new round of earnings come big focus on bonds will dominate wall street this week. Su keenan is here to wrap it up. Bull story,bond stock bulls rattled by fridays close. Lets check it out, 666, an ominous number. In two weeks.
The election. Bill first, new polling shows the state of the race like this. Hillary clinton leads trump by five points in a fourway race according to cnns numbers out late yesterday. Trump says pay no attention to polls like these. They show these phony polls where they, you know, they look at democrats, and its heavily weighted with democrats x. Then theyll put on a poll where were not winning, and everybody says, oh, theyre not winning. Its a heavily weighted poll with democrats. They try and suppress the vote, this way people dont go out and vote. Bill both candidates zeroing in on florida. Trump has four different events there today, and mike pence will be in the state of ohio. Martha Hillary Clinton also campaigning in the Sunshine State today. Her running mate, tim kaine, will be in connecticut and new york. John roberts beginning our live coverage this morning. He is in miami. Good morning to you, john. Reporter martha, good morning. One of the events is here at the bay of pigs