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That will top expectations. Tim cook says he is thrilled to the return to growth. Shery later in Bloomberg Technology global link, we will break down apples earnings with bloomberg intelligence. First, a quick check of how the markets closed tuesdays session. Another day of losses for u. S. Stocks. A mixed bag of corporate earnings. Procter gamble rising on earnings. This coming at a time as the fed starts its meeting. President trump did not help Market Sentiment when he lashed out at china saying it was ripping off the u. S. Late market trading, we did see the sentiment recovery as President Trump said he recently spoke to chinese president xi jinping. The s p 500 fell three chance of 1 . The nasdaq down a quarter of a percent. Interesting to see small caps outperformed largecap sweet the dollar held near a tw ....
Lower. G seng 8 10 of 1 to what we are going to get out of this Earnings Report coming out that we were alluding to. Composites recovering a little bit, a little bit flat. The aussie market is one of the few that is moving to the upside. Lets have a look at the majors here as well. Of the noises coming out white house as well. Larry kudlow saying the u. S. Would not intervene in the currency market. Donald trump saying im not so sure. That has a bit of uncertainty. Lets go back and look at policy decisions by the bank of japan. The yen depreciating a tad. Momentxit stands at the is causing further weakness for sterling. Possibility that bulgaria might join the euro zone. That is what we have at the moment. Get more from what is going on elsewhere and get to the first word news with su keenan. The u. K. Is deploying another warship to the gulf to escort commercial vessels. Alongsideerate another naval shift amid tensions with iran ....
Fed rate cuts and a decade. A busy week also brings policy decisions from tokyo and london. Shery lets get you started with a check of the markets closed. The session in the u. S. , the s p 500 and the nasdaq closed at record highs. The biggest jump in three weeks for the s p 500. The biggest in five for the nasdaq. We have twitter and alphabet leading a tech rally on positive results. Gains coming from stronger than expected secondquarter gdp numbers. We will see a rate cut by the fed this week. A very busy week for earnings in the u. S. We are expecting more than 160 companies to report. U. S. Futures unchanged. Lets see how we are setting up for asia. After a bright start, we have seen new zealand grinding steadily lower, looking kind of flat. Nikkei futures, kospi futures also flat. Busy week of earnings out of japan particularly. 157 Companies Reporting this week. Twoy we will hear from among others. 1 5 other kospi will ....
Billion of e. U. Products. Hong kong protest take a violent turn. The government commends vandalism. News out ofing south korea. We are getting Consumer Prices for the month of june year on 0. 7 . Ricing this is as much as it rose back in the month of may but also slightly disappointing yeartations of a 0. 8 rise on year. Month on month, it contracted zero point 2 , which is a bigger contraction as expected for the month of june. We have seen a lot of pressure for Consumer Prices. We are talking about lower oil prices. Brent crude prices down 20 on average in the month of june compared to one year earlier. Not to mention the domestic demand in south korea is pretty weak at the moment. The bank of koreas signal we will probably miss the forecast of 1. 1 inflation in 2019. Pretty far away from the 2 inflation target for the bank of korea. We can see proof that inflation and t ....
Hong kong protests take a violent turn. Police fire tear gas and pepper spray and the government condemns vandalism. Shery a quick check of how the markets closed in the u. S. The u. S. S p 500 closing in a record for the first time in 10 days. Chipmakers leading the gains. The Semiconductor Index closing at a three week high after President Trump announced in easing on that band on tech giant huawei. We have the dowd gaining 4 10 of 1 but industrial shares did underperform the bottom market. We have the u. S. Ism manufacturing gauge showing the orders stall the last month and that is coming on the back of factory reports across the world showing weakness in the Manufacturing Sector on the particular sector of the market. The nasdaq gained 1 in u. S. Futures at the moment unchanged. We will see how we will se ....