Those deflationary pressures, gdp target front and center, will it be 5 . Could it be below five, some say unlikely, but we wait and see in terms of where the target would be. It is also about the fed. We have fed chairman Jerome Powell set for testimony expected to reiterate the fed is in no hurry to cut rates, it is likely to lean towards a hawkish tone. We heard from many officials saying that the fed can afford to wait given the data, given strong inflation remain sticky, and the economy remains resilient. The fed, as well as china, expected to did cake dictate sentiment in the market. Also keeping an eye on thailand, india, as it is said to join the trading day in 44 minutes. Lets look at the set, currently up 0. 3 . This is a market that has been lackluster, one of the worst performers in asia yeartodate. Down 3 on the year. The thai baht has been under a lot of pressure, but today gaining 0. 1 . 35. 805 versus usd, and indian future is pointing to a higher open, up 0. 3 . Adani
Debt, offeringedebt to buy that billions. Anchor plosser continue to watch president trumps first overseas tour. We will look at how his domestic agendas tracking while he is away overseas. This is daybreak asia, coming to you live. I am betty liu in new york, where it is just after 7 00 p. M. Anchor it is just after 7 00 a. M. In hong kong. I am yvonne man. Yvonne we were expecting a risk on feeling, but it seems to be shattered just a bit as we get more development out of Greater Manchester of fatalities at the Manchester Arena just a couple of minutes ago after reported explosions. A fluid situation, but we see the moves on dollaryen here this morning. Betty that is right. Dollaryen. Come into my terminal on the many futures on the s p mini futures on the s p. When the news broke, Greater Manchester police tweeting that there were a number of fatalities. A number of fatalities and injuries. About whereonfirmed the bush and from, what was involved, but they are confirmed right now. F
First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in the bottom line is it one person move down. We are now on day 49 without a move up or down. Day 89 without a move to the downside, the last time that happened was in 2016. Stocks trading to alltime highs on the reflation trade, the risk rally, we do not have any really big conviction behind it or big moves. The last view times the other ranges broke it was on massive volatility so when this tradin
First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in the bottom line is it one person move down. We are now on day 49 without a move up or down. Day 89 without a move to the downside, the last time that happened was in 2016. Stocks trading to alltime highs on the reflation trade, the risk rally, we do not have any really big conviction behind it or big moves. The last view times the other ranges broke it was on massive volatility so when this tradin
For the second time in just over a week, a grand jury failed to indict a white Police Officer in the death of an unarmed black man. And new york city, about 30 arrests made there. Eric garners widow said she could never accept the officers apology. Hes still working. My husband is six feet under, and im looking for a way to feed my kids now. An american man being held captive is begging for help. My life is in danger. Rainfall saturating california. It has created a flood of headaches up and down the state. It created a giant sinkhole. Getting bigger and with the rain its going to get worse. Scrubbed for today. Nasa says it will try again tomorrow. A successful run could be one step closer to a mission to mars. Details as a boy is shot and killed by a Police Officer in cleveland. The officer had been previously judged as unfit for duty. Police officers are public servants, not james bond with a license to kill. More women have come forward to accuse Comedian Bill Cosby of sexual abuse.