Shanghai composite up by 0. 2 . The dax is down by 2 . The tenyear yield, 2. 24 . A couple of big headlines were watching. First one, crude prices. Wti crude trading higher after the ministers of saudi arabia and russia agreed needing to extend the cuts. Including russia agreed to cut output. Deciding whether to extend that agreement. A lot of folks will be watching for that. Also, a big developing story out of north korea, the Company Announcing the missile that carried a heavy Nuclear Warhead is capable of hitting targets in the pacific. The latest launch was widely condemned by the u. S. , japan and south korea. The white house calling north korea a, quote, fragrant menace. And urged allies to enforce stronger sanctions. And then on this weeks agenda, it say big week for retail earning. Those earnings have been not so hot. Home depot and tjx. And wednesday, target and l brands. Thursday, walmart and gap. Also getting results from cisco, alibaba and campbells soup. And some disruptio
Visiting south america, reassuring allies the u. S. Is working on all options on the cruisers beyond the military. Marco rubio targeted in an assassination attempt. Nicholas maduro sun takes aim at the white house saying he will see this rifle. President trump targeting trade with china calling for an investigation into intellectualproperty violations of the Chinese State saying it will poison relations. Secretary James Madison Rex Tillerson are doing in a joint oped in the wall street journal that a diplomatic approach to north korea is the best option. We are seeing a recovery in Global Markets showing gains across the board after the small bounce back on friday. The dow industrials futures to point to a 90point gain now coming off their worst week since late march. Cobra in europe. Stocks fared in their acrosstheboard. The dax in germany. Asia overnight markets mostly higher as well. The nikkei in japan down almost 1 . The newest edition of americas best selling f. 150 hitting the r
In tokyo, the two leaders are faced with the task of ballooning costs for the summer games. A task force estimated it could grow over 30 billion. Thats four times the original estimate. The panel advised the governor to review the current venues for three events, rowing and canoeing, volleyball, and swimming. It recommended that she consider scrapping plans that require new facilities for rowing and canoeing. The panel gave three existing location says as options, including one in miyagi where a massive disaster hit in 2011. But changing plans needs the approval of the ioc. Receptive to the findings. There we see a Great Potential of reduction with regard to the figures mentioned in this report. Reporter bach proposed setting up a framework for more dialogue. He suggested also including japans organizing committee and the Central Government. Koike agreed with the proposal but says she wants to finish her costcutting plans later this month before further discussions. Nhk world, tokyo. A
In tokyo, the two leaders are faced with the task of ballooning costs for the summer games. A task force estimated it could grow over 30 billion. Thats four times the original estimate. The panel advised the governor to review the current venues for three events, rowing and canoeing, volleyball, and swimming. It recommended that she consider scrapping plans that require new facilities for rowing and canoeing. The panel gave three existing location says as options, including one in miyagi where a massive disaster hit in 2011. But changing plans needs the approval of the ioc. Receptive to the findings. There we see a Great Potential of reduction with regard to the figures mentioned in this report. Reporter bach proposed setting up a framework for more dialogue. He suggested also including japans organizing committee and the Central Government. Koike agreed with the proposal but says she wants to finish her costcutting plans later this month before further discussions. Nhk world, tokyo. A
If you break down the markets, they are having a rough ride. Matt, when you look at the u. S. Dollar strengthening and oil prices plunging, it seems the only possible catalyst is opec, the ecb, and the fed working together. The block. Matt the looks like the market is trying to spank this out of those groups you just mentioned. 40 on s p futures. 3. 36 on dow futures. Japan closed hong kong was down big. In europe, we saw bigger moves. 40 in paris, down 4 . The dax down almost 3 . At one point it was almost down 4 . Look at eu banks. You knew we had to watch stocks jen earnings. Even though earnings grew, they missed estimates. That has been a big concern. European banks have been a concern after Deutsche Bank. Socgen down. Hsbc is down four and a half percent. Interesting story we will get to about the capitulation of hsbc to investment bankers. Freezee saying we will pay raises, then two weeks later say that is not a good idea. They will continue with plan to pay raises. I was going