Apple considers radical expansion plans for the iphone, three new devices with a big new tablet for mobile. , 00 a. M. Across the emirates 12 00 p. M. In hong kong. Embraer of the Global Financial markets embraer i am yousef gamal eldin. Over 3000 delegates expected at the Global Financial form. We have some big interviews throughout the day. As to to give you a tease who will be involved. We will speak to the ceo of one bankny and the central governor of the uae. The list is long. I want to shift to the realtime Market Action. An Asian Session that makes the u. S. Handoff a positive one, u. S. Stocks at a four we cai. Week high, so Investors Holding their breath. The nikkei is punching on come gains in terms of automakers and banks. Quite a bit of pressure on chinese stocks, really the standout on the gmm. In the fx space, the bloomberg dollar index looking for direction. I want to show you other key asset classes. Wti will be in focus. We will be looking ahead to u. S. Inventories. A
China is now falling back on its major levers to stem their biggest decline since 1996. The shanghai comp positive dropped 7 overnight before policy moves took place. They came in after hours. The besthat some of minds have been saying about china. I tell people be cautious because i dont think china can come up that easily with a solution overnight. Complicated situation and Financial Markets is not the first thing on the radar screen. Thats why this market is trying to find its own level and its clearing at a much lower level than most people have expected. I think the market is very oversold. Over 1200 new lows, 12 month lows on the new york Stock Exchange. Usually, this occurs at the end of a bear market. This has occurred at the beginning. This is a signal that something is very wrong. Dont get excited, take a few days off, wait for the market to stabilize and then come in. Dont be afraid to buy when everyone else is selling. Dont do it in a rush, take your time. Julie hyman is wi
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