Also. We are tracking the potential job warning, in response to what we are seeing in the yen, jgb yields as well, continuing to move higher and closer to the 1 mark. Suzuki saying they are committed to achieving the Fiscal Consolidation goal. What else we are watching, it comes down to expectations around where the boj goes next. We have been hearing from you next to the my chief economist at the bank, saying that doj could raise rates as soon as june, maybe even space for rate hikes four 2024. Today in the session, we are watching the japanese yen and also keeping an eye on equities, a little under pressure so far. Still monitoring from earnings. Key to track will be whether that doj cuts its bond buying neck he saw on monday. Given the backdrop of the weaker yen, the yield gap between japan and the u. S. Japan, lets switch nmc switch and see how south korea is trading. The outlook is a bit weaker, not quite the magnitude of the dump that can japan so far, but still the kospi is 0. 2
Forecast for profit. That is coming up in just a bit. Im Katie Greifeld. He markets at the moment, quiet at alltime highs. We broke to the levels on both the s p 500 and nasdaq 100 yesterday, still hovering around there. Taking a bit of a breather. The s p 500 only up by. 1 . The same story at the nasdaq 100, the big tech benchmark currently higher by. 1 . When you are at an alltime high, maybe it is not worth complaining. In the bond market, a little bit of a selloff. Yields on the 10 year currently higher by three basis points but well below where we were with the 10 year currently trading at 4. 36 . Lets get back to earnings. Sales at walmart surging as wealthy shoppers flock to the retailer. The company posting First Quarter sales growth along with a better than expected full year outlook. Consumers getting staples or big purchases. Is this a trade it down that we are seeing a boost in walmart . Yes, it is. It has been one of the big fisheries when the surge we had. Consumer being
Audience and those joining in hybrid format on the phone. Members can provide comment in person and city and remote through the webex system. Thank you to staff guest and everyone else participating. Please call the first item. Thank you madam chair. The first order of business is item 1, roll call. Commissioner members please respond when i call your name. Commissioner aquino, present. Commissioner drew, present. Commissioner scott, present. Chair brackett, aye. All members of the commission are present. Madam chair, we have a quorum. Please note the commission has one vacant seat. The next order of business is item 2 announcements. A, the next regular meeting is scheduled tuesday october 17, 2023 at 1 p. M. The announcement of prohibition of sound producing Electronic Devices. Please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the
Members can provide comment in person and city and remote through the webex system. Thank you to staff guest and everyone else participating. Please call the first item. Thank you madam chair. The first order of business is item 1, roll call. Commissioner members please respond when i call your name. Commissioner aquino, present. Commissioner drew, present. Commissioner scott, present. Chair brackett, aye. All members of the commission are present. Madam chair, we have a quorum. Please note the commission has one vacant seat. The next order of business is item 2 announcements. A, the next regular meeting is scheduled tuesday october 17, 2023 at 1 p. M. The announcement of prohibition of sound producing Electronic Devices. Please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any person s responsible for the ringing
Business is item 1, roll call. Commissioner members please respond when i call your name. Commissioner aquino, present. Commissioner drew, present. Commissioner scott, present. Chair brackett, aye. All members of the commission are present. Madam chair, we have a quorum. Please note the commission has one vacant seat. The next order of business is item 2 announcements. A, the next regular meeting is scheduled tuesday october 17, 2023 at 1 p. M. The announcement of prohibition of sound producing Electronic Devices. Please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any person s responsible for the ringing of or use of a cell phone, pager, or other similar soundproducing electronic device. C announcement of Public Comment procedures. Please be advised a member of the public has up to three minutes to make pertinent