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The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar ....
Fallout falling far beyond the economy. Is too early to get bullish on energy prices. Lets take a look at how markets are shaping up this tuesday. Take a look at asian stock futures. The japanese gdp is expect it to be revised of the second quarter. Futures moving higher. Chinese bought a water maker starts trading, kicking off another wave of ipos in. Sydney, as we go to overweight by j. P. Morgan. On u. S. Futures this morning, Goldman Peter oppenheimer betting that tech will continue to drive returns in the bull market. Jp morgan saying overweight tech and pharma. Nasdaq futures are under pressure. Check out wti. As the demandrrel recovery is coming and flatter than expected. Suggesting ongoing concerns when it comes to the supply and demand dynamic. Lets check in on the offshore yuan. Nomura cautions against chasing further gains as the appreciation has been driven by dollar weakness. The u. S. Could slow export growth and stim ....
You are watching Worldwide Exchange on cnbc. Good morning to you, im dominic chu in for Brian Sullivan. Stock futures looking to extend gains after the 500point rally. Up beat developments on treatments and growing talk of stimulus on capitol hill s p higher three sessions in a row. The blue chips roughly 700 points shy near an 1800 point sell off the s p lost 180 points on thursday as well going worldwide with a mixed picture in asia. Just Getting Started plus big news out of one Investment Bank weighing job cuts. Julianna tatelbaum is in our london news room good morning good morning, dom it has been a choppy trading session. We opened flat and now we are seeing them come together after a very strong rally. The stoxx 600 ended 2. 9 higher. This morning, we h ....
Hello and welcome to question time rep we play the highlights, question time and australias parliament. While the fires the ravaged the east coast oster all over the summer have died down, the political fallout is just beginning. Question time in parliament began with a bipartisan day honoring those fire victims and also thinking t all volunteers o help to fight the fires. It didnt take long before the conversation quickly turned to quality. The member for deal more. My question is to the Prime Minister. Why does the Prime Minister claim of these acted on the advice of fire commissioners when he ignored for two years their advice to provide a permanent boost to australias aerial firefighting y capabilit . Mr. Speaker, i thank the member for question and can i threw her pass on again my sincere condolences and sympathies and support to all those members in her electorate. I ha ....
Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been ba ....