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Back of that record, record, record we cannot say that enough because we have indices at fresh record highs and the u. S. Stocks one of them, 23rdthe s p 500 this year. That is playing into the session, the nikkei 225, up. 80 today, and we saw that rally rod base in the session but in japan, the focus is on financials because we had a number of banks yesterday recording better than stronger forecast for the year ahead. What alsos claim into the dynamic are gdp figures what is also playing into that dynamic are the gdp figures. A lot worse than what was expected with the contraction of 1. 2 , and retail and business spending, as well. Lets switch to korea because we are coming back from an extended holiday on wednesday. The kospi pushing up high, 1. 4 , softening the weakness we saw in u. S. Housing and retail sales. We are also seeing the focus in korea is on how korea is trying to boost its online stock market with the program that mirrors what we have seen in japan so far, and we do ....
The minister of defense also inspected the workshops where the an124100 aircraft are repaired and maintained. Ulyanov is rightly called the Aviation Capital of the country, produced by the aviastar company, the air giants have no analogues in the world in terms of flight range maximum Load Capacity and cargo cabin dimensions, new engines produced in perm expand the capabilities of domestic aviation. According to the contract, which is carried out for 60 engines in 3 years , they planned the delivery of this. We have the same engine, as an option we have modified, there are two options worked out, either the modernized d18 or the development of the opd, yes, Sergei Shaigu held a working meeting with the leadership of the United Aircraft Corporation and t ....
The s p back up. The nasdaq outperforming today, 164, a gain of 1. 25 . The 10year note yield gets as high as 4. 88, down to 4. 76. So, rates come down, stocks go up. Joe terranova, what do you make of this . Maybe we dont wait until october 13th for low to bottom. Maybe well do it today. This is strong price action. This is the type of price action that leads you to believe that we are certainly building a base in which we could rally through q4. We kind of came off the bottom led by where the leadership has been in 2023, and thats been the megacaps. Were seeing a little bit of a broadening out of the rally as the day is moving on. S p equal rated is actually rallying along with the s p, so thats encouraging. Only one sector is in the red. Thats staples. Its kind of industrials start, financials piled on, tech doing its thing, and now every sector but staples in the green. I say focus on the price action. What will be important is next thursday, the cpi report, and will the cpi report ....
How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall affect market to very stable. They let go because the data makes too much sense to start a export growth. Dollar rallying higher. Will it play in for the Federal Reserve thinking of a rate rise . Is this exporting deflation to the ....
To impose the reforms being demanded by germany at the moment . That 85 billion euros of bailout figures, they want to see change happening in greece. Guess wasat one of my telling me earlier. Ftse 100 opens flat. Dax flat as well. We are waiting and seeing how greece plays out. They gather to discuss the bailout. And what happens in china . Calm after the storm. For the first time, we see the reference rate in china higher. We start to see stocks, shanghai currently up 0. 3 . We see moves to start to see the market taking action, or china stepping in, saying the market will be based on methodology now. The market will help dictate the foreign currency. It will intervene to help prevent excessive swings. Have bigtly ramifications in malaysia. Malaysia has political issues of its own. We see it down from 1. 7 . This is a key country to be keeping an eye on. Then on the move in the ringgit. Lets look at the foreign currency. This is the story of the week, the renminbi losing 3 against th ....