End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
Subway system and atms. More president pressure, donald trump faced by a second whistleblower. Kathleen time for a quick reminder of how u. S. Stocks ended. 1. 4 across the board, major markets gained 1. 5 after the u. S. September employment report was Strong Enough to convince investors and traders and the fed the u. S. Economy is not on the verge of trade war induced recession and at the same time not so strong it will prevent the fed from continuing to cut Interest Rates. S p, althoughhe we have the futures seeming lower at the open of the s p 500. Forecasts, but strong after the manufacturing 50. Rt, pmi below the jobs are growing, no recession. ,anufacturing jobs didnt drop and pirate private payrolls moving at the slowest since threemonth moving average. That is an issue. The on a claimant rate is down to 3. 5 . Economists say it is another sign the economy is Strong Enough to hold up although average our earnings, 2. 9 yearoveryear and that is a concern. We will see what happen
Honor to cross the line. Time for the summer davos, we are live this hour. First lets get you started on the check of u. S. Futures at the moment, just begun trading, up 1 , a surge for the easing of trade tensions between the u. S. And china. The talks are back on track, not to mention that he also provided some relief for huawei. Keep a close eye on the chipmakers in asia trading this morning. Seeing the chinese yuan gaining against the dollar three consecutive sessions of gains. Small risk on moves as we see the japanese yen weakening for a fourth consecutive session. We are seeing safe haven currency is being dumped with , the aussie dollar gaining a 10th of 1 , very much related to trade in china. Risk sentiment at this point. We are seeing again futures gaining 1. 3 on that risk on moves. Opalso have a fabulous photo opportunity with kim jongun of north korea at the dmz. We are seeing sydney futures up. 3 . We have the rba policy decision decision policy decision with most expect
About talks. When the chips are down, intel is reviewing its Global Supply chain and we have an interview with the ceo. We saw tech stocks really weighing on the market as chipmakers tumbled the most in almost a month. The s p 500 paired back earlier declines but finished lower. 2 . Radcom weighing on the index trailed. Y we also have positive u. S. Retail sales and manufacturing data query that undermined the case for a more dovish fed. We are seeing u. S. Futures up. 1 . Lets see how we are shaping up. Sophie asia markets facing headwinds kicking off a big week for centralbank policy. The boj and boe. Ecisions from taiwan futures looking mixed ahead, but. Ower for soul you may stocks slipping after a fourday game. On the central bank runs no changes expected from the boj but economists see a rampup in easing measures as the next step of yen strengthening. It is Holding Steady while the kiwi dollar looking to tap a trend line with down pressure building amid slowing concerns. Obsessiv
quarantine after the passenger get auise get a crew clean bill of health. getting a reminder of how u.s. stocks ended, giving up the gains we saw in what was a impressive week of trading last week. the dow jones is weaker by one percentage point. the s&p and nasdaq lower by half of 1%, a little over that. giving up the gains, despite the good jobs numbers coming out of the u.s.. in terms of setting us up for the first trading day of the week in asia, we have got nikkei futures looking weaker at the moment, off by about 1.7%. kospi futures weaker as well. positive open in sydney, higher by .1%. keep an eye open for trade balance for japan for december. new zealand trading this monday morning, going for about an hour now, off .6%. let s get over to sue canaan. su: seeking in. su: the trump administration plans to lower the amount of money for border wall construction. dow jones reports the white house will request to billion dollars from congress later monday which is signi