Growth overseas. And a promise and a warning. Talking about Nuclear Weapons and at the 2015 Iranian Nuclear deal. Lets get started with a check of markets. We saw the s p. , 500 fall for a second consecutive session, and finish below the 3000 level. Industrials leading the declines. The dow also down 4 10 of 1 . We have the dow transportation average, a gauge of economic growth, sinking at one point to its lowest since december. A mixed bag of corporate earnings, not to mention lingering trade tensions between the u. S. And china. Unchanged. Lets look at how things are shaping up for the asian market. Looking quiet on the trading front. Volumes likely to continue in asia, futures pointing lower. Stocks adding about 1 10 of 1 . Central banks and earnings will be top of mind. The jury is out on the bank of indonesia, cutting rates today into the chip sector is on watch, following earnings from asml that got a boost in 5g. And also on tap, japanese trade numbers that may show weakness eas
More bumps in the road for nissan. Planned job losses after profits fell 99 . Shery lets get you started with a quick check on how markets closed in thursdays session in the u. S. The dow falling to the lowest level in two weeks. Tesla and for taking a hit on weak results and earnings. The nasdaq falling the most in a month. Has stellar earnings, but because of the ftc probe, Market Sentiment was not too positive stock. We have the s p 500 losing. 5 . Investors did not like the president of the ecb. Was not as dovish as they expected and that weight on sentiment as well. U. S. Futures at the moment unchanged. Lets see how things are shaping up in asia. Sophie we are setting up for a riskoff session. Kiwi shares resuming losses. Cost they could come under pressure. Earnings in focus. In southings data korea sliding further in july. In sydney, the asx 200 may snap a gain. Switching the board to check in on bonds that rally in aussie debt how much upside may be left as we are getting more
Broadcom words pushes deeper into software. Nejra good morning. Just on 6 00 in london. Welcome to daybreak europe. Yields front and center. Drop in global yields, the 10year hitting another 2016 low. Below 2 . We had 195 on that treasury 10 year yield. We see u. S. Stocks hit another record high in yesterdays session. We have to think about the fact that we will have a holiday and markets closing early. Independence day tomorrow. Futures on the back foot ahead of that. The yen also bid. Concerns around Global Growth. Dollaryen. Lets take a look at the euro. This has been remarkably steady over the past couple of days. Tradingear bund yields 36 yesterday. We saw that btp twoyear yields drop into negative territory. How much does that say about italy or the hunt for yield globally . The 10year btb yield below the 190 and a. The euro spiked briefly in the sense in yesterday as we heard that the ecb may not become sintering be considering a rate cut. Gold on the front foot again. Above 14
There is no need to panic but is he really right . Billionaire tom steyer making it official, he is in the 2020 race after all, but could his billions lead to a backlash from democrats . After all remember what happened to the guy who founded starbucks . Stocks sliding as investors fear that maybe rate cuts are not a gimme or certainly as generous those rate cuts were thought to be a little more than a few days ago. Gerri willis at the New York Stock Exchange on what has investors spooked. Gerri . Reporter really, neil, a ralph of investor worries pushed down stocks this morning. The biggest concern the fed cuts rates at its july meeting. Jerome powell may give hints when he speaks to congress tom. Strong economic numbers created worry that the fed will back off a rate cut. Fed funds futures pricing in one rate cut later this month. Chances after quarter point rate cut . 93 . Tensions with iran taking a toll as iran threatens to extend the breaches of enriching uranium set out in that
Some conditions for peace, then we can expect that at some point we can realize we can achieve denuclearization. I think on this particular subject we can come back later. After that, we have dr. Paik. Thank you, chair. Id like to talk about the denuclearization process, which is critical to the peace building process on the Korean Peninsula. We had previously two Nuclear Crisis in Korean Peninsula. The first one was in 1992, and we had between the United States and dprk after that. And by the framework the north Korean Nuclear program had frozen for several years. But second Nuclear Crisis had come because of the uranium enrichment facilitys closure. And at the time there was party talks but this kind of effort ended significant progress towards the denuclearization. After 15 years, in 2017, dprk conducted its last nuclear test, confirming its Nuclear Capability. And International Community once again chose to sit at the negotiation table with the dprk, and we realized that the Curren