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pick amid tensions. rishaad: there we go. talking about apple. nasdaq,ows how the which hit another record high has been powered up by apple to some extent. you can see that with apple included in nasdaq s total , but if you growth remove apple, just shy of 160%. important apple is as a retains its status as the world s most valuable company. you have been taking a look at the yen, i believe. haidi: that s right. the two stories, apple and the , not much in terms of reaction on the equity s story. equity story. japanese markets not getting a chance to react to this yen weakness. , technicalsat this when it comes to where they again is at now, still above that 112 level. the dollar is at a short-term peak. we do have a call from rbc saying it should be easy to get but japanese markets are off until monday, some not getting a chance to get the boost from a weaker yen. we are 30 minutes away from the open. singapore, taiwan, and malaysia rey.ing the trading fo sophie: no ....
xiaomi saudi stop market, we talk with a ceo. yousef: it is 5:00 a.m. in london. shery: i am in hong kong. we are seeing investors be more conscious ahead of the fed meeting and also the jobs report out of the u.s.. a few markets are closed in asia. hong kong, japan, and south korea. for those that are trading, take a look at this function on the bloomberg. you can see australia is leading the declines. remember, only after seven days of rallies for the australian market. we are seeing the aussie dollar lose point for mark .4%. japan is on holiday for the rest of the week. just to keep you have to keep an i on the japanese yen. treasuries not trading in asia today. japan is closed. yields fell overnight. we are seeing the sovereign debt market across asia. we are also seeing oil rebounds after a drop to its lowest in a week. yousef: absolutely. in this part of the world, they kingdom was holding a wide ranging interview. a rare conversation with the deputy cro ....
i m francine lacqua in london. quickly, a check on data. this is where a lot of the story is. i think is probably one of the most significant trades entity s session in today s session. euro-pound. #to touch yesterday. the pound strengthening a touch yesterday. notable for the fed. we get onto the french presidential election this sunday. let s get to first word news. u.s.nordisk in the president trump has tweeted the government needs a good shot down in september after congress agrees a budget deal that denies him his wish list. it includes no money for his although iter wall, is full funding for planned parenthood. democrats call his threat to shut down the government after a successful bipartisan deal sour and shameful. fell after reporting slumping iphone sales. 50.8 milliont sold phones in the first quarter. it highlights the need for apple to deliver blockbuster new features in the next addition of this device defend off samsung. we re seeing what we belie ....
yesterday. david: time for the morning brief. apart from the all important fed a.m. steven 8:00 mnuchin speaks at the independent community bankers capital summit. we will get adp employment data, the consensus for 185,000 jobs added last month. after the bell, it is earnings watch. facebook and tesla will be reporting. alix: decision day for the federal reserve, the bloomberg surprise index starting to roll over. sales, week core cpi, week march job numbers. mckee.shington, michael how does the fed a dress the weaker data we have seen? michael: they are going to have to mention the fact that the economy slowed in the first quarter but they do not want to take june off the table and do not believe this will be a continuing problem so they will probably talk about it being transitory. they may mention seasonality problems we had. tractornta fed, gdp now comes up close to the average gdp numbers we get, shows first quarter s have been terrible for the last couple of years ....
the week. let s check in on the markets. the nasdaq closed at a record high yesterday. only a tiny bit. correct, but still. lagged the dow for once. the resilience of this market is remarkable. s&p futures down almost 5. nasdaq futures down 17. the stock of the morning and weight on the market is apple. shares slipping after iphone sales declined in the most recent quarter, falling short of wall street expectations. the company giving weaker current quarter revenue guidance. lots more on results in just a moment. did you see china growth as well that slipped. asian equities, japan, south korea and hong kong closed for public holidays. golden week holiday, right? extended golden week. there we go. either way, what is open, you can see down is australia. the ftse straits times in indonesia is up three quarters of a percent. a look at european trade which is negative today. we ve been up quite nicely over the last ten days. we also had eurozone march produc ....