Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h
Strongso getting some data coming through and it comes to pending home sales. The month on month number blowing past expectations. We do better on a month by month basis of 8. 8 . That was well above expectations. That takes the nonseasonally adjusted year on year number two 20. 5 . This is a market that has come back in a really big way. Alix and continues to stay strong, like auto sales, undermining that fall off a cliff scenario. ,ast night, the highlights president trump, democratic nominee joe biden, which a debate, but turned out to be a boxing match. Everyone knows hes a liar. Pres. Trump you are the liar. You graduated last in your class. Mr. Biden you are the worst president america has ever had. Pres. Trump when needed, i wear masks. I dont wear masks like him. He could be speaking to hundred feet away from you and he shows up with the biggest mask ive ever seen. What is the Trump Health Care plan . Pres. Trump first of all, i guess i am debating you, not him, but thats ok. I
Further. We are joined this hour by finance minister. The other big story today, lawmakers in washington take aim at the power of big tech. Saystitrust investigation they are abusing their dominant status. Australia coming online. Lets turn to Sophie Kamaruddin in hong kong with a checkup on markets. A two day rise, we are seeing pressure come through for the benchmark while the aussie dollar is testing that 71 popl after forming a double early this october. We are seeing action in the bond space. The front end of the aussie curb slipping with the three year yield falling as much as four basis points earlier in the session. This after australias updated debt issuance coming in less than expected. I want to highlight bhp shares. We are seeing the stock fall as much as 2. 3 this morning. Tesla bhp in focus be at flipping the board to check in on futures, s p eminis under pressure. The yen trading study but theres upward pressure on the stimulus deadlock. We are watching iphone makers aft
A live report from that region is apple making the best for october . What it is saving for the fall wednesday, september 16th, this is Worldwide Exchange on cnbc. Good morning, good afternoon, good evening wherever you are watching thanks for joining us. Here is how your money and local markets are opening. Maybe you cant because you are driving. They are higher. Dow futures indicate they are opening higher futures are up 97. The decent day rises on tuesday. A positive breath day. About 70 of all stocks rose the third positive session in a row for the dow and s p 500. Small caps continue to be a rising star. The russell 2000 adding to the mondays 2. 5 gain from the recent 52week high. Small caps, again, a group to watch. Another one are the transports a new 52week high a leading indicator. That is the transports highest level. That record set almost two years ago today but something to watch. This morning, oil is rising on concern that Hurricane Sally will not begin production. We are
Fed uniform on for Caroline Hyde, all ready to go. They will come out with a forecast as well. There is a pandemic, everybody is guessing including tom keene and francine lacqua. But it is a nice vector, a nice gurrria. Fortress look at the headline. This follows from that dropping that jawdropping 11 lift in jobs. Amazon plans to put 1000 warehouses and neighborhoods. This is the new political message that we are getting from all of these tech juggernauts after this digital dominance of this pandemic. Francine i understand this would be a way of competing with walmart, which is doing pretty good. The warehouse would be closer to you in certain neighborhoods, so they could deliver on this oneday pledge. We are all used to getting our packages pretty fast and get upset if we dont, so it is a race to get to the consumer as quickly as possible. Francine it is a jampacked day, futures up 17. Francine we will speak with angel gurria at 6 00 a. M. In new york, 11 a. M. In london. Lets get to