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Turn. Oil gains for the first time this week after saudi arabia signals export curbs curbs stabilize prices. Shery lets get a quick check on how markets performed. We see u. S. Futures under pressure right now, down. 3 . We just got the news that the white house has halted temporary licenses to sell to huawei. That is putting pressure on the market, dampening Investor Sentiment after a strong day on the markets here on thursday. We saw the s p 500 gain the most in two months. Was in the green actually managing to erase the losses we saw earlier in the week. We saw tech and Energy Leading the gains. The nasdaq up for a third consecutive session, up 2. 25 percent. Energy was also up in the session as we had oil gained ground. We heard saudi arabia was contacting other producers in order to find a solution to stem declining prices as trade tensions continue between the u. S. ....
Watering 5 billion. The implications of unrest, weeks of protest and hong kong. The effect on the citys top names. Shery we are seeing pictures being pressured down half a percent on that news that the white house is halting any licenses for businesses to work. Ith hallway huawei this after a stellar performance. Green. Ector was in the the s p 500 was able to erase this weeks loss. Nasdaq two and a quarter percent. The Energy Sector leading those rises, gaining ground with news that saudi arabia was in touch orbital in and order to slow the decline. Lily catching the eye of investors. Lets see how we are shaping up in asia. Pointing to a mixed open. Futures down almost. 5 , but in sydney, seeing a little bit of positivity. That sentiment is strongerthanexpected and it was shortlived. Bloomberg reporting that the u. S. Is planning to publish that final list in chinese imports. They plan to hit with tariffs this week or early next. ....
Getting a boost from the gdp boost print which was something. 1. 8 growth. Shanghai, doing well. Lets look at whether the currencies are playing out in this because when we see the japanese yen appreciate, we tend to find exporters are under belowre but it is still 106 and doing ok on the nikkei 225. The euro, fractionally moving to the upside at 1. 12. This, despite what has been a bit of a fallback but it looks salvinis government is on the verge of collapse. Meanwhile, we had the fix early in onshore yuan, below seven against the dollar. Lets carry the position we have on these markets. Lets look at the first word news with su keenan. Governor has told ready to that he is reduce australias record low Interest Rates further, although he indicated the economy may see the worst of the slowdown. The rba undertook back to back rate cuts in june and july to a record low 1 as it stopped to revive a decelerating expansion and drive dow ....
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