The japanese Financial Companies because we have the likes of mitsubishi and more, all releasing their numbers. Nomura also one we are tracking, given he reported earlier this week. A big interview earlier with the head of wholesale banking speaking about the outlook for japan. He sees the japanese yen strength coming back so perhaps a question around whether boj moves with the policy settings. He also sees the 10 year yield exceeding 1 . You see continuing yields ticking higher. We are around levels we have not seen going back to november of last year. Equities wise you have optimism but that very much tracks the wall street day given we saw the s p 500 pushing higher ahead of the u. S. Inflation print. Haidi take a look at the day after the budget. The big headline is after back to back surpluses, the budget is set to swing back into the red. A lot of this has been funding for legacy programs were left unfunded by the previous government. Some of this also comes down to some of the s
Mackenzie in london. Asian stalks as china will sell long bonds. Uscp are dated due out later this week. President biden set to quadruple tariffs and increase levies on Key Industries as washingtons trade battle intensifies and russian president Vladimir Putin replaces his minister, an unexpected changing of the guard. Lets check in on markets, a big week with focus on inflation on wednesday. You get earnings and wages out of the u. K. , some indication of whether the boj has a pass to go after european stocks point lower. Lets put the board to the cpi print out of the u. S. On wednesday. The twoyear is at 485, 125 on the pound, haiti five dollars a barrel on brent. Some tied to soft data, gold at 2354, lets cross over to asia where avril is standing by. What is standing out to you russian mark avril seeing a mixed bag as far as equities are concerned. Ahead of that we got china data on credit, things pointing to the fact that chinese authorities are struggling. The focus shifted to ch
Australia. We are counting down to asias major market opens. Im annabelle. Investors keeping their powder dry with some warning of stock swings. Janet yellen admits china may retaliate against Biden Administration tariffs increases. And the albanese government announcing australias second Budget Surplus without stoking in laois and. Heidi given all the threats we are seeing sydney futures muted. A worried session on wall street will way on what the fed does and other central banks. Headwinds are building and the risk of threats on china and retaliation. Certainly not a great deal of risk appetite. Kiwi stocks looking softer, k futures Looking Glass of not making too much of a move. Its near the top of developed markets, it is what can they do a costofliving crisis. It will flesh out further expectations or hopes of race cuts. Haidi thats right, speaking with economists about the need for fiscal prudence but here is the outlook for futures online, reflects intraday caution and equities,
After increasing doubt with inflation. After the flood credits are healthy and amazon really deliver for jeff is us. Jeff bezos. 12 figures, that man now possesses. For more on jeff bezos i went to bring up a chart. We just mentioned how inflation is missing the mark here. It just shows you how much we keep missing that market we are going the wrong way on inflation. That has a lot of people touting the coming rate hike next month and the one in 2018. That is going to be the subject of our conversation with many of our guests in the next hour. You can see the bond market is already down and we are going to get many rate hikes. That is huge inflation gauge coming out later this week. In terms of the market and how we closed on friday a lot of sh buying. Amazon was in the green. We expect the Retail Stocks moving on monday. Cyber monday is going to be the next focus for the retailers as well. They are really reflecting on the debt we saw in bond traders that inflation cannot get any clos
What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope