Live Breaking News & Updates on Group Second Quarter
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At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second QuarterEconomic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then they turned positive. Overnight in europe, we are looking at i thought we were going to follow asias lead, pretty much flat across the board. The dakotas is off by 4 100 of a percent. The treasury yield market, the twoyear note 1. 845 . Just mention on the china data that ....
Let us talk about the big themes. One of them is do not mess with my currency. The chinese of course, this is what we have for you. Now areyuan. In breach of this level. And the pc of the said this is it. Back off on the currency. They ratchet up the price of borrowing, up by 3. 8 . Since the highest february. These moments of breach and dollaryuan invoke the invective from the pcbo, ratcheting up. That is putting the cap. That is the message from the g20. The devaluation , or let us say the depreciation of the currency. Exports up for the Third Straight month, imports are searching. Yuan, do not mess for my currency. Nejra is that a look at the risk radar. See what we are watching this morning. Starting of course with global stocks i have the msc. I all country pretty much unchanged, really ahead of the ecb today. And you have the bank of japan coming up later this month and the fed decision. It got quiet and equity markets. Vola ....
Suspended regarding concerns about irregular layerties. And monsters energy boost gets a boost with coke higher in after hours trade. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everybody. Very glad youre with us. A fresh start to the day. The end of the week. By the looks of things, were just hanging on to some slight gains. We were called a little bit higher on the market this morning. Yesterday on the close you would have noted that we closed out on the slightly positive note despite the fact that we have all of these ghee quo political tensions that were talking about these days. Well be talking more about them on the show, as well. Stoxx europe 6 hu00 higher by j shy of 0. 5 . Very, very dire readings coming through from europe. Lets get to the core european markets. Weve got gains slightly across the board now. The ftse higher by 0. 5 . The same goes for the xet ....
Reporting a 57 drop in Second Quarter profit as production slide. Change of feelings in j. C. P. Bouncing back after falling yesterday. The retailer refuting published reports about cuts in its financing. And whole foods beats on earnings but the sales growth misses expectation. Well talk to the coceo walter robb later this hour. First up, coming off an upbeat july, futures show a strong august adding to the positive sentiment, claims lowest level since early 2008. Not participating, though, is exxon. The dow component with an earnings miss. Profits falling 57 in the Second Quarter. The Conference Calls not until 11 00, jim, but there were no big onetime items. A little confusing . Exxons become a very plodding company. I always like to rate the Oil Companies by th ....
/PRNewswire/ Cengage Group, a leading global education and technology company, reported its financial results for the second quarter and first half of. ....