The Group Reiterates it fouryear guide answer despite higher cost from the continued grounding of the boeing 373 max. And hong kong has another day of protests at the airport carrie lamm warns the city is on a path of no return. Good morning its been a risk heavy 24 hours for equity markets you can see behind me in europe theres a lot of red on the screen but let me take you back to the price action in wall street yesterday the majors closed near the lose of the day. Dow, s. A. P. , nasdaq closing below. Respectively down 1. 5 , 1. 2 you can see the redness in negativity is picking up and that continued into the Asian Session overnight. There are a couple things that the market is dealing with here. Number one, growth concerns. At no end in site to the trade narrative between china and the u. S. But yesterday we had an additional element to think about. That was the temporary shutdown of hong kong airport that sent shockwaves throughout the region and into the european session as well
Reportedly subpoenaing records related to the 787 dreamliner. And megadeal making in the sports world kevin durant, irving, Deandre Jordan all look ready to take their talents to the Brooklyn Nets its monday, july 1st and Worldwide Exchange begins right now. The greatest, the greatest good morning, everyone im con tessa brewer here at World Headquarters for cnbc. Brian sullivan is in vienna this morning. Good morning, brian. We took our talents to vienna, austria, the scene of an opec meeting well get to what is expected in just a minute, but we have to check stock futures because it alongs like the markets are going to surge today they surged in asia overnight, stock futures we could hit a new record on the dow. Remember, we hit records on the s p 500. Will today be the day the dow 30 does it . Stock futures are up more than 200 points a the moment as well. On that trade optimism that you referenced at the top, the asian markets up over 2 in hong kong and the nikkei in japan and the e
Strength of the ways negotiations and the data reported on friday. That there is the expectation it will be hiking the key rate, the exit away from negative policy settings. What does it mean for purchase of etfs, that will be another question out of that session or out of that meeting, but here is the outlook we have in the session so far today. Japanese yen holding steady, but still weak around the 149 marker , and equities, you are continuing to see this place higher even though the definition boj has been something that has propelled japanese stocks. There are a lot in the market saying there are plenty of other factors and that is why investors were continue pilot into the market. Nikkei225 just one fraction under the 39,000 mark. Number economics, one of the economist highlighting perhaps the boj is not ready to like can they want to see more data to affirm their belief that we are starting to see strength in the japanese economy. Lets take a quick look at how korea is starting t
Good morning. This is bloomberg daybreak europe. I am lizzy burden in london. Chinese stock continue their slide. Sowing confusion over beijings approach to tackling the property slump. Watching wyoming as the worlds central bankers head to jackson hole. We will bring your top interviews from the kansas city fed. The netherlands and denmark will provide ukraine with f16 fighter jets in an agreement hailed by president zelenskyy as historic. Good morning. Happy monday. Who have you you have i hope you have your cowboy hat at the ready. All eyes on chair powell as we await his speech at jackson hole. Concerns about an imminent u. S. Recession might be fading but investors are still looking at potentially entrenched inflation and therefore higher Interest Rates for longer. Treasuries are down for the year after the recent losses but those losses are almost nothing to do with markets replacing fed policy which you can tell because the steepest declines are at the long end of the curve wher
Everything is waiting for certainty but i dont think we will get it. The fed would like a scrap of certainty about what they will do later this year. This is bloomberg surveillance jonathan ferro, Lisa Abramowicz and annmarie hordern. Jonathan live from new york city this morning, good morning, good morning, the third hour bloomberg surveillance begins right now. Bank of americas home here in midtown manhattan. Your equity market is a little bit softer. If i could capture the last two hours on this program in a word, is bullish the word . Lisa i dont know if its enough, its quite bullish. Its really quite optimistic. The ultimate question is does this challenge the idea of restrictive and can it continue . What will drive the next leg it will not be nvidia which we saw yesterday and that was the. Jonathan lets go through this piece by piece and what it could mean for the bond market. What the bond market is telling you and what the equity market is screaming is the equity market so far