But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
Kong reels from a violent day of protest. Police fire water cannon, tear gas, and rubber bullets as Chinas National Day approaches. Shery lets get you started with how mark how markets are trading. U. S. Futures higher by. 5 . Ons coming after the s p 500 one point on friday fell below the 50 day moving average. Bounced back. Still ended the session down. 5 . We had some traded concerns with a bloomberg report that the u. S. Might be considering restricting those portfolio flows into china. Trade sensitive sectors were hit. The nasdaq. Lost more than 1 we also have oil moving, or seeing its biggest weekly loss since july. Now we are seeing wti starts higher at by a tens of 1 . 56 a barrel. Lets see how we are setting up in asia. Sophie futures are hinting at a cautious session potentially on a busy final trading day of september. The offshore yuan recovering a touch after slipping to a three week low on friday on the u. S. Report falling options. Board ahead of the visit to the u. S. A
Global threats keeping haven bulls happy and the yen expected to outperform the g10 years. Peers. Petrol bombs, tear gas and rubber bullets fly as Chinas National Day approaches. We want to get you to breaking news on the terminal now. Industrial production from south korea for the month of august, something of a miss, 1. 4 contraction for the month. The survey expected a 1 contraction for the year on year figure. 2. 9 contraction of the market had been expected, a contraction of. 2 . Decline in expected Industrial Production for south korea in the month of august. Get you started with a quick check of where markets are trading your u. S. Futures gaining. 1 , paring back earlier gains but in the green. We are coming off the s p 500 losing half a percent friday. We had it at one point falling below its 50 Day Moving Average. It managed to bounce back, but still finished in the red. We have trade tensions, concerns across the past week which last which led the s p 500 to lose more than 1
Protectionism is a drag anchor and governments are not doing enough. U. S. Agrees iran was behind the aramco attacks. Tehran denies that and warns of allout war if it is attacked. Shery lets get you started with a check of the markets in the u. S. We are seeing futures unchanged, after a mixed closed on this theres day. We have the dow moving more than 50 points. The s p 500 finishing unchanged. We had a boost earlier in the session coming from white house Economic Advisor larry kudlow sounding more optimistic on trade. Then we had another trump advisor hinting at 50 21 50 to 100 tariffs on chinese goods. Rising uncertainty on trade, not to mention the oecd cutting Global Growth forecasts. That led to our haven demand bonds rallying for a fourth consecutive session and the 10 year yield sitting at that 178 level. Not see how things are shaping up in asia. We are this friday, potentially seeing a muted start for asian stocks. Bonds drifting as treasuries nudge higher. Tensions will be o
Shrugging off the risk. European and u. S. Futures gain despite president Donald Trumps assertion that trade talks with china in september could be called off. The beach. Yields fall in italy following affirmations of the country triple b rating by fitch. The deputy rating man tells that leaving the eu is not part of the plan is he begins campaigning officially. I dont think anyone is scared of democracy. We ask for elections. One should be scared. I dont want elections. We are coming up with strange governments. We just want the people to vote. Net profit aramcos falls by more than 12 in its first ever halfyear report. We will hear from the groups cfo later this morning in an interview you do not want to miss. Look quickly, less than half hour away from the start of cash trading across the continent and in the u. K. It appears to show it is still a risk off trade. Investors are reaching for the safe haven of the japanese currency, now falling down to what all five. 105. You can buy fe