Cool august day, what a fantastic turnout on capitol hill on an august day. And thats really due to the extraordinary lineup of people presenting and talking to you today, im sure, that brings you here. Five years ago, maybe even before, the United Nations with the cooperation, certainly, of the United States and with many countries around the world began to plan for the future of world Global Development that would apply not only to the least developed countries, but just as well equally and universally to the critical state of affairs for human rights and for development in the best equipped countries including the United States. And out of that conversation came this extraordinary set of Sustainable Development goals to help lead the way for all countries voluntarily. Importantly, voluntarily to collaborate on how we will achieve the outcomes of those goals as set forth for the years 20152030. So were just two years into this, and already theres significant progress to be talking ab
Seema mody. Good morning to you. Good morning to you. Happy to be here. Lets get to the Global Market action. 2017 has started on a positive note. Last week was a little bit lackluster, 2016 fizzling out. We saw about 1 of declines for the week as a whole. Big gains, though, for the year as a whole. The dow ending up 13. 4 . The s p 9. 5 , the nasdaq 7 . So seven positive years in a row for the dow. Lets look back at todays futures market. They are called higher today. We have a general riskon trade. U. S. Futures expected to open very prominently higher. The dow called higher by almost 150 points. Tenyear treasury note for you as well, quick look at that, had is at 2. 496 this morning. Not too Much Movement in bond markets today. More in currencies and equities. Still below the 2. 5 level. Global Economic Data this morning, a private china Manufacturing Survey rising more than expected showing a pick up in factory orders. This follows the official pmi figures over the weekend which sl
Producers may blunt opec cuts. Ofwill speak with tim dove pioneer Natural Resources. At theaking a look equity movers. Stocks are rising today. Stocks and bonds and sovereignties, the markets have come down from yesterdays post Health Care Even where we saw in move away from risk and into defensive assets. This is a great chart showing the inverse relationship between the sterling and the ftse 100 index. The pound has become a bit of a wait on the ftse index. Its 1. 6 gain against the dollar is undercutting interest in the ftse which is packed with those Multinational Companies whose earnings accrue when the sterling strengthens. Stanley recommends selectively buying domestic stocks and buying price year foreign exports price year foreign exports. Foreign exports. The dollar is the white line, in the ftse is the blue line. What a chart that is. That is a chart we will continue to focus on. We are tracking shares which are seeing it largest inflow since exit last week. Since brexit talk
Sydney. It is 8 00 a. M. Across emirates. This is Bloomberg Markets middle east. I am shery ahn in hong kong. We are seeing a bunch of risk diversion. A look at the gmm goal function. The japanese yen is strengthening. Up 3 10 of 1 , that is pulling down the equity markets in japan as the nikkei is below the 19,000 threshold. One market that is firmly in the positive, indonesian now at a record high. Is losingkorean won ground. Gaining 2 10 of 1 . When it comes to the sovereign debt market in asia, they are rounding the yield one eighth a basis point. Decision coming up with will be discussing that. A consensus of a hold on one and a half percent with our guest, coming up next. Big story hasher been a downgrade that south africa faced. Ast came late in the evening south africa and uae time. That really knocked around the shoulders. South africa you losing its Investment Grade and now ratingy facing another downgrade. It tells the story of what has been happening with the South African
Every step he makearound the nations capital. In the final hour of trade. And as the resumes role in who will he hire. Ernie fletcher has been there the day after election day. Which job will go first and fast. Former director sending up a warning flare. On wall street no sign of that right now. A record closed today. As you see its dropping about 22 points. They help to support the candidacy. Were looking at a lot of breaking news. Lets start the countdown. We need to show you what is a fascinating timeline that played out just as at meeting happened a few years ago. Four hours ago. Here it is. We made this for you as you can see. It was at exactly 12 38 p. M. At the end fbn and other networks were given the short clip to air. Before we saw that you can see that the dow was up about a hundred 34 points. As it he began to play the dow started to spike and by the end when president obama said we must all support the new president and donald trump capped off by calling the president a go