worldwide exchange begins right now. good morning welcome to worldwide exchange on cnbc. i m sara eisen i m dominic chu in for wilfred frost. welcome good to be here. he made it through his bike ride he did. the pictures are on instagram. congratulations. success it looked really hard. it did. you have to be in shape to get through something like that. he trained a lot. hard core training of new jersey there you go. he made it to monaco. let s check in on the global markets. u.s. equity futures starting off after a holiday closed day yesterday and a half day of trading on monday. dow futures up about 15 points s&p futures down and nasdaq futures are under some selling pressure this morning, down 21 tech underperforming even though we got a big rally on monday during that half day of trading. we ll talk about that in a moment ten-year treasury note yield, higher higher yields last week. higher yields on monday. that s the dominated theme they re going h
italy s leader is handed a new list of things to do. and tracing the dots. sent.s. 10 year yield is to its highest level in more than two years. what does this mean for the other asset classes? we will ask aberdeen s head of commercial property. matt: we are less than 30 minutes away from the european open and you can expect to see a lot of action this morning because of that oil srurge. futures are trading up across the board. we are looking at gains for the ftse, 1%. for the cac, almost .3%. the dax is gaining as well. pointing to a positive this morning as oil is expected to produce. they are big heavy components of these indexes. guy: let s see how london opens on the back of what you are talking about. this is the gmm function. wti crude, it is a big and aggressive move in the commodity space. brent is up by 4.45%. we can see some decent sized moves coming through into the energy staes. we are seeing what is going on in the bond market. look at what is happening with the
breaking the bank. other lenders prove more resilient. investors give their verdict in 13 minutes. fascinating moves coming from the futures market. all lot of optimism. risk on sentiment. on the of more than 1% open. giving positive exertion, numbers coming from china. we are up 1.25%. money is looking towards what is happening in the manufacturing in the u.k. we are seeing across the board a movement into some of the riskier assets. dollar a story of weakness. a currencies have been rising higher. the dollar down versus the south korean won. dollar weakness. we are banking on less chance of a rate hike. keep an eye on oil across the board as well. brent crude up week 2%. money still moving out of the japanese bond market at the moment on the back of less thought that bond buying will go forward interview. they did not start to buy more government debt. let us get to your bloomberg first news. investors are underestimating how many times the u.s. central bank will raise inte
they re merging the china operations with its biggest local competitor. we look at how this move could bring over closer to an pio. an ipo. lets it over to the market desk. we are holding it is record going the earnings driven on a little bit it just like. it is slowing down. a memosto this is analysts, goldman sachs today downgrading u.s. stocks to an underweight, it is a tactical call here. not necessarily a long-term but a tactical shorter-term call looking at what we have seen in earnings and valuations. detach a record before pulling back. we are seeing a lot of movement here. we re this long streak of the s&p 500 not moving more than 1% up or down by the close most of the nasdaq is gaining more ground today. if you look at the groups on the move, on the bloomberg you can look at the imap, it is a tug of war. energy shares are down, on the upside it is tech and health care both are gaining. that is one of the recent the nasdaq is outperforming today. some of thos
inflation. welcome to countdown. happy friday. nejra: i m nejra cehic. manus: and i manus cranny. we will get to the geopolitics of north korea and south korea at the moment. but have a look at the bond markets. are we reaching a capitulation point for building up to one in the bond market? by 2%.ond yields, up we want to look at the japanese bond yields for capitulation. here of the global bond yields. cracks are beginning to appear. draghi, did not even discussed quantitive easing. mark carney says the bank of england is not trigger-happy. you can see the beginning of a movement. what are we focusing on the jgb market? because of the correlation. the correlation between the jgb market and the rest of the market. i think the other thing you can see as well, the 30 year spread. we will hear more from jeffrey gundlach later in the show, saying, this is a warning. more on that i look of it later. nejra: that is a great chart. the question is, is japan s bond route going to se