It is past 8 00 a. M. This daybreak australia. We are a few hours from the major market open. Betty it is after 6 00 p. M. Sunday evening in new york. What a weekend it has been so far. We caps off friday with capped off friday with some gains in the indexes. You can see the dow jones just ekeing out that game, the nasdaq higher. The s p also higher as well. Numbers, from friday, making people think the fed will not raise Interest Rates as much or as quickly as some might expect. But we saw this over the weekend, the tragedy in charlottesville, President Trump under fire now as we mentioned for his response. We will see if that will affect any type of agenda the white house for the white house. We are listening to news on north korea. Haidi the idea of political discord is in the u. S. And if that will affect the policy agenda, what that means or the fed Going Forward. Have the follow the loser, follow the leaders sentiment. U. S. Stocks posted the biggest weekly decline since march la
Coming to you live from bloombergs u. S. And asian headquarters. Im betty liu in new york. It is just after 7 00 p. M. Shery just after 7 00 a. M. In hong kong. Im shery ahn. It is great to see you, and exciting week. We do have north korean tensions continuing to rise. Top u. S. Officials speaking out a nuclear war is not imminent , but also we have americas top general making the rounds in china, south korea, japan. Also in the u. S. , so much to digest. Everything happening in charlottesville, but also the weaker than expected cpi numbers. Betty thats right. There are vigils right now being held as we speak to essentially talk about and also show emotion from that charlottesville tragedy that we saw over the weekend. There are being held all across the country. We will see how much they will affect the agenda this week, or if those headlines are going to fade. That is a live shot right now of the vigil being held at the scene of the attack by the car, the car attack in charlottesvil
On 95. Up past 322, whats left of an accident off to the right shoulder, tacony palmyra moving again but i just god word that a Burlington Bristol bridge is next on tap. North on the freeway, jammed up from the Atlantic City expressway coming in towards the city with an accident right at route 55 of heres stats from last week. The trains between glenside be center city had the most passed by situations, in other words, the trains are packed and they passed them by. That started to happen right around the 7 30 hour. The tip, get upon before glenside and have a better chance of guesting on one of those training, but the pick of the day, if you want to try Something Different than you did last week, market frankford or the broad street subway you cnn go wrong. Planet of parking in south philly at the Naval Hospital and also in the northeast at the frankford transportation center. Mike and alex back over to you. Thank you, bob kelly. 7 02. Rallies and public out cry continue as people call
That is tomorrow. Manus you are welcome. It is monday morning, it is countdown. Pound, are net short the and they have been for many years. We are around 129. 20. We are near a 31 year low. Net position isnt short as short can be. Post brexit, the morning we woke up, 127. 98. 10 sayne dollar 1. 10 is on the way. We have been rising for five straight days, giving a little back. Parity is on the way by the end of 2017. Have a look at the risk radar. Oil on the move, gold on the move. Chinese stocks hitting a sevenmonth high. Not much owned, not much love. 39. 29. Real estate Property Companies are headed for the steepest two day rally in almost a year. We have more from asia. The Saudi Arabian oil minister mentioned last week in a statement action to stabilize the market. 47. Is trading above 50 is on the way, that is what the market is saying. We have had two days of negative positions. Thats a longs on gold have now dropped. A lot to play for in terms of this week. We will have a razor
She is changing that soon. Betting most of its top trays for the year. Do follow me on twitter. We do not have any trading because it is a lunar holiday. Singapore, malaysia just coming online. Good morning. It certainly has not been a great start. The markets have been opened. Japan and australia are seeing a little bit of gains coming into trade. They are up by half a percent. They are giving back all of what they gained in the last session. Down by 2. 9 . Theselay catch up to widespread selloff. Japan expanding those losses from yesterday. They were down more than five yesterday. The yen continues to strengthen. Is poised to enter bear market territory. Weakness coming through from the mining players and all of and also from tech shops. Japan is down 1 . It is a attempted recovery coming through from the dow jones index. Pretty flat movement coming through on the s p 500. Essentially, that rally that happened in last couple hours save stocks from going into deposit positive territor