Barbara doran from b88 Capital Partners good to see you, barbara less than two weeks until the official u. S. China trade talks kick off and a new wrinkle as to what will actually happen when both parties meet. It is definitely a new wri wrinkle today. For me the bigger concern emerging is what happens to the consumer all of the consumer data this week was pretty terrific, except for Consumer Confidence numbers. Housing, et cetera, we continue to have strong wages, growth, that sort of thing but for the first time, were seeing Consumer Confidence down a little bit, consumers and surveys are saying, hey, trade issues have crept into their head and, you know, my real concern is the margins of companies, if they start to do layoffs, that hurts Consumer Confidence, and stops spending and that is the underpinning, which by all accounts, we all agree. By the way, the china has got markets spooked. Nasdaqs down 1. 6, the laggard of those indices. Bob is with us for the full first hour, which
Theres probably a 40 chance of a recession. Eurozone bond yields hit fresh record lows as the ecbs olly renn signals the bank is ready to hit a significant someti stimulus package. And hong kong prepares for more protests. Good morning its friday. We made it to the end of the week its been a volatile week for markets. Mostly in fixed income space but also u. S. Equities yesterday, looking at the u. S. Equity close, you would think it was a muted session. The dow was eking a gain of 0. 4 s p slightly up in the green nasdaq slightly in the red that belied a lot of the intraday volatility we saw yet the theme was bid for fixed income a lot of fear gripping the market as we see money pour nothing tha pouring into that space. You may notice theres a lot of black behind me. Thats unusual the reason thats the case is ftse 100 has not yet opened due to a technical failure we dont have the opening levels the rest of the heat map is trading solid. Definitely a lot more positive than on other day
Philadelphia. Welcome to daybreak asia. Lets go straight to the markets open now. Juliet, i think we are seeing asian follow wall street lower. That looks like what were seeing at very early trade. Been aough there has news. From the in ks it could be more than the market has been looking for, but we are seeing weakness coming through. Performerwas the best yesterday. Signs also pointing to the fact that nintendo is likely to have a tumble when it opens. We actually saw south koreas of 1 in the second quarter. T was a little bit of unexpected come up we are seeing weakness coming through after that fall on wall street. Australias market is opening down. In new zealand, looking flat. Better than it was about half an hour ago. It had some pretty impressive trade data coming out of new zealand today thanks to good exports. New zealands market yesterday hit an alltime high. Data for investors to get through in the region today. Weve also got the philippines reporting trade data in japan. J
Hong kong office said the c. E. O. Is missing. The company has not been able to contact the c. E. O. Since last wednesday. Shares have recovered slightly after the 12 plunge on monday. Lets look at the markets for you. Hong kong and china currently losed for lunch. We saw a broader sell off in the region today but over there singapore, tokyo, and to be looking fractionally lower we are seeing the stocks tum falling on tumbling commodity prices. Back in half an hour. Time now for bloomberg west. Im emily chang. This is bloomberg west. Coming up, taking a page out of playbook, in talks to buy a stake in one of asias most venerable newspapers. Plus high Speed Internet access means no day of rest for holiday shoppers. Walmart moves the start of cyber monday to sunday. And the two companies that once made up hewlettpackard set to report their first stand alone results tomorrow. Well preview the numbers for th Hp Enterprise and hp inc. First to our lead. Alibabas founder in talks to buy a st
Since 2007. Emily i am emily chang and this is bloomberg west. Coming up, alibaba founder jack ma is in talks to buy a stake in one of asias most venerable newspapers. Plus, highspeed Internet Access means no day of rest for holiday shoppers. Cyber monday to sunday. And hewlettpackard has standalone results tomorrow. We will preview the numbers for Hp Enterprise and hp queue. First, to our lead. Jack ma is in talks to buy a newspaper. He would be following in the footsteps of other tech executives getting a foot in the Media Business. There is jeff bezos, who bought a stake in the wall street journal, and chris hughes, who bought a majority stake in the new republic in 2012. I asked jack ma about this earlier this month. Take a listen. For my have to care shareholders and our strategy. Emily would Something Like that make sense . Jack yes, i think. We invested in we bow we online media. We invested in sony because internety that destroyed the Offline Retail business. We say well, if yo