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Really something that has been weighing on equities over the course of this week. We saw it heating japan stocks broadly but tech feeling the brunt of it. Today we are actually moving a little high. It is a reflection of the other theme we are tracking today. The u. S. Inflation print a little hotter than expected but not too hot to really shock markets. We saw stocks on wall street climbing to fresh records. So that is positivity coming into the session. But as we said, a lot of unions in japan will be reporting on wage or pay deals this week, and wednesday will be the heaviest day or amongst the heaviest day for announcements before we get that first tally being reached and reported on on friday. Lets shift into korea now and take a look at what is going on in the session so far. Of course a market heavily correlated within the dynamics of wall street. Unsurprisingly you are seeing stocks moving to the upside. Tech names are the ones to be watching because we saw the likes of nvidia, ....
All the way back to 2010. Trace for you to indicate what levels we are watching. Peak to bottom, 65. 80 for the price of brent is what we are seeing. That is essentially the look at brent price. The other thing i want to point out is yes, we are seeing this ems. Oss gx at what point does this start to hurt . Oilnt expensive threatening the emerging markets rally. Collation will hold, but at some point, that will get too expensive. Is it that 80, maybe. Your 20 year average on your corelation, we are above that level,. 23. Of things to talk about, oil, equity, pullback across the asian pacific. Lets get you your first word news with paul allen. Paul irans political guard says the antiestablishment protests across the country are all but over. State news showed progovernment rallies saying sedition is ended. They gave no evidence to support the claim. At least 20 have been killed in protests over the past week and almost 1000 arrested. Further signsng of strength as the latest reading of ....
How far will this scandal take us . Turbulence and the discount carrier space. We are less than a half hour away from the start of european trading. No sense of direction. The agent session did not give us much. It didnt take us forward. The treasuries were closed yesterday in the United States. Aat we are starting with, is blank piece of paper when it comes to the markets, and a directional story we will talk about. It is going to be interesting to see how we work through the day. Wasstory out of asia interesting in a few ways. The biggest story to me, the big political story coming up is what happens in china this morning. Austria, interesting. The town out of this is that the dollar is weaker. First word bloomberg update. Banks, guy. Catalonia faces a day of reckoning. Barcelonas mayor has said the results of the referendum cannot serve as a basis for secession. Read more companies are leading the region. Three more companies ar ....
This was a phony. This was a 400pound guy in new jersey. This had the russians didnt do it. Well, its now thoofb the russians were trying to interfere in our election. He actually by the end had to back up. Well, it appears the stress might be getting to him. That was the tweet storm. Welcome to morning joe. Were live in washington on this monday, february 19th. With us we have David Ignatius. Matt miller. Carol lee. And jon meacham who is criminal chully obligated to work on president s day and wear his rugged boots. Jon meacham, theyre duck boots. Theyre not rugged boots. He doesnt really need to wear them. Its a fashion statement i like to say. Exactly. It is. It is. So, jon meacham, my favorite president s day story is bill clinton gathering foreign contributors in the white house and announcing to them, this is the day in america that we call president s day. I thought that was sort of a laugh because, of course, hes getting ....
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