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Welcome to daybreak australia. Markets have just come online. We are counting down to asias Major Trading opens. The top stories this hour. Asia set for a weaker open after another hot u. S. Inflation report reinforces bets the fed will not be rushing to cut rates. Oil hitting a high. Energy markets kicking off a cyclical upswing. We hear exclusively from the u. S. Ambassador to china Nicholas Burns about the bill to ban tiktok and curbing beijings access to hightech chips. The Peoples Liberation army will take advantage of that technology to strengthen itself at the expense of the american military. We are not going to do that. We are not going to compromise on National Security and we are not going to negotiate. Lets get to the friday fray as markets come on ....
Crazy we were making deem opinionic references to 666. We were playing compression shots of the dow falling. But then he went dark for two weeks while the olympics took over and something really strange happens. Honey, wake up, you wont believe the dream i just had. Maybe it all was just one crazy dream because everything is awesome again while we have been gone the market has been in the midst of making an epic comeback. Almost 10 from the lows, oils rallying, even bonds are starting to rally. So everything awesome again and are we heading back to alltime highs . Guy . Welcome back. Welcome back to everybody. Who sings that song for the folks at home . Teagan and sarah. Whatever, whatever. Its nice. Nice. Couple fridays ago the s p traded down the moving afrmg. We saw we all collectively said great trading opportunity to play for the long side. Being completely honest i never thought a week and a half, two weeks later wed be right where we are now. Its much too far too fast. Ive been ....
Beautiful sunny day in new york, and we have another record day for stocks, despite a not so stellar jobs report this morning. Were going to look at whether this is still an opportunity to buy in this market coming up in a little bit here. Its kind of a peppy song. We can just play it the whole time. Sure. Walmart shareholder day is underway right now. We have fresh remarks from the ceo in a few minutes. Google is out with details of its new ad blocker. We cant wait to talk about this, one option could be paying to see content without any ads. Wonder how thats going to play with certain millennials. Theres a lot to unpackage in that story. Life after professional sports, Franco Harris and Charles Smith from the nfl and nba respectively will join us from the exchange talk about transitioning into the Business World. We alwa ....
Rallied on the opec headlines in the last few sessions. Honeywell going into software, tpg buying two cable companies, work day with a cloud deal. And apples ceo on the record. Tim cook commenting on declining iphone sales, succession plans and saying ron johnsons hire was, quote, clearly a screw up. Much more from the Washington Post interview coming you. Clinton victory better for stocks. The cover story of barons today. The numbers behind that. And then, of course, week two of the olympics, we just saw andrew playing some table tennis. That form he just demonstrated is not reflective of his true ability, by the way. Do you think he got it was good. Do you think he was told to wrap and decided to muff that one . Maybe. Were go egetting a lot from an. A good week in rio. Yep. What was the highlight. Seeing what its trying to do for the city of rio and the economy of brazil is going to be i love the way olympics sort of operate o ....