Equities are trading now. Just under 13 minutes to the close. Here, im looking at the guilt yield curve. Whatcommentary about the flattening of the curve means. We are looking at the flattening. Is it a question of the market mispricing the event of brexit . Lt money moving into gi markets . Off the comments of mark carney saying he is worried about the impact of brexit on the economy. Not be rushing to raise Interest Rates anytime soon. Here, i have a trend channel chart for sterling. We had been seeing sterling extend its losses. It has gone below 127. 126. 17 right now. The pound might extend. It has dropped for the longterm support. On the one hand eight dovish boe, on the other hand a hawkish fed. Sterling below is more than a week in todays session. If we look at what else i have here, i want to show you european stocks. The charts are not coming up, but we are watching the stoxx 600 trade lower. Posting losses after two days of gains. The dax hit a record coming off of those hig
With a cyberattack waiting on sentiment as well. European markets edging lower. S p 100. Capra went on a third of a percent. In asia, declines across the board. Hang seng index down two thirds of 1 . Health care reform on hold. Senate Majority Leader Mitch Mcconnell joining the vote until after the july 4th recess. President trump met with the white house yesterday. He called on them to come up with a solution. We have really no choice but to solve the situation. Obama carries a total disaster. It is melting down as we speak. Maria we look at the implications for the rest of the agenda this morning. A sheriffs deputy shot in the face that the suspect now in custody. A couple stocks to watch on earnings news. Those results ahead of the open this morning. Revenue expected to decline a year ago. Investors watching General Mills today. Sales missed expectations for three state quarters. General mills down 1 . Blue apron gearing up for an ipo. It will start training tomorrow facing headwind
President is doing. How much has that gap widened with their feelings toward the economy and the president essentially leading our Economic Future . How has that widened since Inauguration Day . How we asked people theyre feeling about topical issues and their own personal finances and their careers and their housing. Generally they are feeling fairly optimistic. If you like things are perking up to the economy, so that is not translating to donald trump. Obviously he has lots of other crowds around him. Traditionally you would expect the president to have stronger Approval Rating numbers during a time when the economy is on the uptick and people are feeling better, but that is not translating to trump. David we turn now to Kevin Cirilli, looking at the clouds surrounding the capital and the white house and washington, d. C. Theres a sense of president trumps direction and the direction he is taking the economy. 32 think he is leading in the right direction and 61 think the economy is
Be brave. This is daybreak asia, live it from bloombergs u. S. And asian headquarters. I am yvonne man i am betty liu. Yvonne and i am yvonne man. It looks like we got a little bit more drama coming out of the u. S. China dialogue. It seems like the gloves came off in terms of the Trump Administration side. Have to wonder what happened behind closed doors. Would havehought we an action plan in the first 100 days. It was quite tense, both sides canceling their pressers. Will we go through with these tariffs . What is the relationship now between xi and trump . It seemed they were getting along swimmingly well at maralago. To have another golf outing to warm up relations again. [laughter] yvonne we thought this would be a very choreographed event, not too exciting, but we got more fireworks than expected. The pessimism in the markets, wall street, record after record we break. Asian markets, equity markets solidly in the green. Not the case in new zealand, lets take a look at the nzx 50,
Samsung. The share price doing well. 9432,s chart number judges delivering of verdict in this graph to trial of jay y. Lee. Prosecutors requesting a 12 year sentence. They say they paid bribes to the confidant of the then the south korean president to secure governor support for the merger of affiliates. This has largely been ignored by investors. The kospi up 16 from august. It is an important stock. ,he percentage of total kospi the market cap, 18 s or thereabouts, so does dictate in some sense where the kospi goes. That is what we have at the moment. Haidi absolutely. We will be watching the outcome of that verdict. Has been the teflon market despite geopolitical concerns over north korea, samsung the ultimate teflon start despite concerns ongoing. We are 30 minutes from the open. , not aht, like volumes lot for investors on the macro front. Everything is converging on jackson hole. Lets look at asian markets. Unsurprisingly we are seeing a Holding Pattern ahead of janet yellen and