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It will be interesting to see what happens after the u. S. Labor day holiday and we get more bodies back in there. Lets dive a little deeper into the action with our markets reporters. Abigail lets take a closer look at a chart that we have been looking out bunch over the last week or so and especially today in different ways and that is making the point that august, the third is shaping up to be risk off. These are all futures. Manyrple, we have the futures, and yellow, we have gold futures, and white, yen futures. The month of july, all were basically flat and then after the fed meeting, stocks went lower, gold shooting higher, and bonds and the yen also trading higher. A lot of trade uncertainty in here overall, but over the Third Quarter, the s p 500 down 1. 5 . That haven has had it certainly and the Third Quarter and august, too, which is shaping up risk off. Look at work ....
Hello and welcome to daybreak asia. Interesting to see you in singapore now. You are all over the place. The markets are all going in one direction. By oneinto the trade hour, pointing to a higher open. But show the board where we ended up on friday. Another record run. The s p above that 2500 level. The dow and nasdaq higher. That is the picture in asia right now. Focus onabout the Central Banks with the boj and the fed going into that fed meeting, still under 50 on expectations of a move in rates. The focus is on the details of this Balance Sheet unwind. Thing is interesting we are focusing on geopolitics. ,e have campaigning in germany reports that there might be a snap election in japan. Kiwi dollar,d, the that will be tethered to the outcome of this weekends election. It is to tie to call. We are counting down to the open in australia and korea. Aussie futures up 16 points ....