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expanding capacity in china. ahead, the yen takes the bite out of .erformance a lot to digest. the reserve bank of australia and half an hour. at what is ahead with that jobs report in the u.s. of risk events, , databa, jobs report coming out the last 30 minutes or so. philippines inflation numbers, 1.9% year on year. we were looking at a 2.1 estimate. just about flat from the month before. percent inflation out of acceleration an that goes back to april 2015, but still below the 2% to 4% range. at least we have inflation there. we are looking at gains are across asia. we are looking at 30% lighter than usual when you compare to what we are used to seeing this time of day. a third of 1% higher for contracts and singapore. earnings in focus in japan. shares of toyota, we will talk about that. announcing a buyback, 1.4 percent of shares, as well as an upgrade from a brokerage. the other big market story is the bond market, yields falling for obvious reasons. level, 10e lo ....
using a stock tool that says, yes. me list yashgs after sulissa go out on a shopping spree. but if you choose wisely, there could be some money to be made. now using a quantitative tool looks at market action. we looked at past occurrences when the retail etf has fallen 7% or more within one month as it just has. that has happened 12 times since 2009. now no clear signal for the xrt itself about half the time it continues to lose ground. but we did find some good individual stocks. now as for macy s, nordstrom and jcpenney, they only post rebound gains of 67% of the time. but when they do rebound, they re good for 2% and 3% average returns sprerespectivel. there are special i dty and dist names. the names are more reliable bouncing back one week after the xrt loses p 7% or more within one month. so look for names like tjx and ross stores. head over to cnbc pro for more on other parts of the consumer sector that tend to bounce back. all right. thank you for the data ....
bullard told cnbc about a potential june hike. obviously we ve tried to be data dependent, and i don t think there s any reason to prejudge the june meeting at this point. we can wait until we get to the meeting, see what the data say and try to make a good decision there. i think on the issue of press conferences we have made many moves over the years without press conferences, so i think you could make a move without a press conference in this circumstance. the labor market data, as i said, if you just took your signal from that, we d definitely move, i think. as a reminder, june is scheduled to have a presser, july is not. says we re at or beyond full employment, jim. right. now, he had wavered last time because he felt if oil went to 20 then he would be a lot less willing to hike. obviously oil went the opposite way, so i think he goes the opposite way. and i think he s being very considered, making good judgments. yeah, if the numbers continue to be this stro ....
report will be good? do you buy if you think the report is going to be bad? p.k. kick it off. what is good and bad? you re looking for 160,000ish. i would say and over 190 t that s you want to buy the dollar. if you get something below 100 you want to buy gold. after the number at 8:30 tomorrow morning. so what s your take? to make it easy on myself, the last time they raised rates, the dollar knee jerk reaction went higher and ultimately went lower from december when they did raise rates. gdx, gold is actually went higher, as well, 80%. or so or 90% and xl us up, as well. was up 14%. for me, it s counter intuitive but that s what you got. so extrapolate that. if we go higher than expected on the consensus, that means that the rate hike trades are on, is that what you re saying? either way the ones that rallied either way you play this, those stocks that sector is going to rally. i think either way. either way. bad jobs report. bad jobs report. peo ....
exchange on cnbc. i m wilfred frost alongside susan lee in for sara again. a very good morning, susan. good to see you, wilfred. let s get you up to speed. dow closing .25%. and the oil prices were stronger yesterday. the energy sector was the best performing sector. oil prices up slightly again today. that s led to gains around the world. and gains in the u.s. futures markets, culled high by 66 points on the dow. about a third of 1% on all three of those indices. it s interesting to point out the biggest reaction to all of the fed speaker over the month has been bonds. if you look at the bond markets down to 1.73%. of course, we were near 1.9% a few weeks ago. we ll get you more to the markets in just a bit. but first, breaking split cal news. montana, south dakota, north dakota, and the most up for grabs, 475 at stake for former secretary of state hillary clinton and senator bernie sanders. but ahead of today s contest, word comes that hillary has gone over the ....