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
Not thethe process trigger. It says the protests are not the trigger. Tom more mixed messages on trade china says on trade. Trump says he wants to hold a phone call with president xi jinping soon. Signs of some positivity, at least when it comes to the earnings. Alibaba beating the street. David something to take advantage of. The data has been bad. Singapore and we have hong kong, worstcase scenario growth is at zero. Why yields are where they are and why the boj might need to step in. Yvonne a lot of movement in the last couple of hours when it comes to the bond market. You mentioned hong kong, final numbers come out today after the government slashed their forecast. They are announcing a whole wave of measures to boost the economy. We will see if they do enough to prevent hong kong from entering into a recession. Weare still looking weak could be on set for a fourth straight week of decline. U. S. Futures were positive. We have seen the reese deepening of that yield curve the steepe
Most since 2008 after accusations of fraud. Matt good friday morning. A historic week in markets. One in which bank of america says we have seen traders rage for safe havens like we have never seen before. Part of the reason why we have seen yields plummet to alltime lows. Nejra what a week it has been. Whipsaw in yesterdays session. We are stabilizing a little bit. Haveabove 1. 5 but we dropped more than 20 basis points on the 10 year yield this week. The curve in birding for the First Time Since 2007. We are above zero now. Close toar yield stays 2 . In terms of other safe havens, that is part of what banc of america was planning to as well. Matt talking about the rush to the yen, rush to gold. The 10 year yield and 30 year yield. We do see the yen strengthening up a little bit against the dollar today. Off. Coming but still relatively close to the record high. A bit of awe see risk on read across futures. Amidst this local bond rally, japans benchmark yield has fallen further below
Manus and im manus cranny. The pound is in pain. This is what you are looking at, a 31 yearback at low. This just gives you some of the posttraumatic stress in the market. There is no end in sight for the pound, on the downside. Go to bloomberg first word and find out, where are the levels . Mind the gap. 1. 30, we have broken through. A 1985 low. I am not making that call, that is the statisticians call. Median for the end of the year is 1. 30, that is from the bloomberg survey. Anna clearly, mark carney, and others in the market, have become about concerned about commercial real estate in the u. K. Lets start off with the risk radar. Remember, a number of markets in asia are closed because of ramadan. The asianpacific is down by 1. 7 . Yield,year japanese bond 0. 01. That went negative for the First Time Ever in todays trading. 1368, that is where we are on the price of gold there, up by. 9 . High and weo year are near a sixyear high in open interests on the gold exchange. Chinese da
China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report) declared a dividend on Monday, April 22nd, NASDAQ reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of 0.0833 per share on Monday, July 15th. The ex-dividend date of this dividend is Wednesday, May 22nd. This is a positive change […]