to the primespeak minister and we are joined by the deputy governor of sweden s riksbank. we will also be speaking to the prime minister of italy. ceo.he saudi aramco there are plenty of good interviews coming up. trump s new trade barriers are putting more pressure on the nafta talks when they resume later this week. ont is as important taxes washing machines and solar affect canada and mexico. we are working very hard to make sure our neighbors to the south recognize how important nafta is and that it benefits not just our economy, but his economy, and the world economy. very much open to re trade deals involving more people. has withdrawner the offer he made last week to give donald trump more than the initial $1.6 billion he requested for the u.s.-mexico border wall. republicans called the move a step back in the continuing debate for immigration. donald trump tweeted, crying chuck schumer understands that if there is no wall, there is no daca. the u.s. federal reserve
world war ii victory parade next week. the u.s. rally may not last. s&p futures indicate u.s. stocks will open lower today.. the s&p 500 is coming off its biggest two-day rally since 2009. oil heading for its biggest weekly game since april. wti up around $43 a barrel. yesterday after reports the u.s. economy grew faster than expected in the second quarter. puerto rico being drenched by tropical storm erika. the storm is moving west after flooding the island of dominica. 4 people were killed and several more are missing. erika could become a hurricane if it reaches south florida early next week. thee has confirmed architects of its online radio strategy has quit. ian rogers joined apple and has led the development of apple beats one. one is ae beats gateway to apples paid subscription. apple is holding an event in san francisco september 9. central bankers have made their annual trek to jackson hole, wyoming. taking part in the kansas city fed s annual symposium. randy gree
hello and welcome to daybreak asia. interesting to see you in singapore now. you are all over the place. the markets are all going in one direction. by oneinto the trade hour, pointing to a higher open. but show the board where we ended up on friday. another record run. the s&p above that 2500 level. the dow and nasdaq higher. that is the picture in asia right now. focus onabout the central banks with the boj and the fed going into that fed meeting, still under 50% on expectations of a move in rates. the focus is on the details of this balance sheet unwind. thing is interesting we are focusing on geopolitics. ,e have campaigning in germany reports that there might be a snap election in japan. kiwi dollar,d, the that will be tethered to the outcome of this weekend s election. it is to tie to call. we are counting down to the open in australia and korea. aussie futures up 16 points. dollar holding onto gains of $.80. in japan, a public holiday today, a chance for markets
david: right, a big week for markets. japan is closed. have a look at where we are. we talked about 2500 on the s&p 500. asian shares are at a 10 year high. where does that take us? have a look at this chart. you the ups and downs of momentum. might haveare that pushed it below trendline in early july. rsi almost dipping below 40, but rebounded nicely. this shows you that the bull market remains intact. japan is shut, some not a lot of updates. it is still risk on. not a lot of appetite for haven at the moment your it could at the moment. it could change this week. let s get you to the open up markets. sophie is tracking all the moves monday morning. sophie: the flavor this morning is risk on. singapore joining the upswing along with the taiex. the malaysian ftse down. haven assets, the yen and gold on the back foot. the dollar rebounding from the drop on friday. the yen is down .3%. this could be the unwinding of positions. we are seeing liquidity given it is a holiday. th
first things first. let s check on markets. we are expecting about half an hour from now the spanish deputy prime minister to make a statement on catalonia. stocks in europe nudging higher. miners gaining. oils also gaining. the euro weakening a touch. spanish stocks falling. let s get straight to the bloomberg first world news. his sebastian salek. sebastian kurtz has declared victory. a win for his people s party would shift the politics to the right. it is also seem to have paved the way for the eurosceptics party to be in government. angela merkel has to talks this week in a more moral position after her party suffered defeated lower saxony. it s her worst result in lower saxony since 1969. the world s top central banker is for that inflation will stay low for much longer and they will push ahead with plans to tighten monetary policy. janet yellen thinks u.s. prices will accelerate despite a. of softness. is that theuess software easily not persist and with an ongoing str