It is also near levels that is signaling it is in overbought territory. Overall we started with the nikkei to 25 moving upside. It has now fallen below the hang seng. Talked about shanghai comp with regards to Inflation Numbers portending good news. Pork prices responsible for a lot of gains. Something to worry about. Excessive be down to inventory and overcapacity at the same time. Does not bode well. Not painting a rosy picture for the chinese economy. Lets have a look at what else is going on. The bond future. 10year trading outlook, 1. 94 . The 10 year yield unchanged, 1. 3 . 28,sterling slightly up, 1 partially down to moodys putting its negative outlook stamp on what they perceive there. Offshore you want just a fraction below seven. Lets see what else is going on here in hong kong. David as you are pointing out, stocks are under pressure. What has happened this morning, a couple things. Police confirming they shot two protesters during rushhour traffic this morning. Demonstrator
The president accusing Prime Minister theresa may of making a mess of brexit. He said the u. K. Will have a new Prime Minister soon, good news. In the markets, we are seeing risk off attitude. You want to buy the dollar. Equity futures down. 4 . Semis could get particularly hard. The chip guys have three months of inventory stacked up. Yields going nowhere in the u. S. Oil a bit firmer. You have some iran conflict there, the military playing hardball with bp. Altogether, it is a by dollar story, sell u. S. Equities buy dollar story, sell u. S. Equities. We are joined by Lisa Abramowicz and michael mckee. 72 hours, has a busy giving a speech to open this Boston Press Conference and then going down to d. C. Michael you dont have to pay any attention to boston. Towill be fed by satellite the conference. Tomorrow, you have to be sitting in front of your bloomberg terminal and watching jay powell. He has to ratify the idea of the month, which the markets are anticipating, or we will have in
How long will it be cold . Well have the answer in the full forecast in a dozen minutes. Within the last hour we learned new information about the man that police say shot a bart Police Officer in the arm today in hayward. Devin fehely found a witness who helped the injure officer. Devin is at the hayward bart station. Devin. Reporter thats right. Now, bart police say that this situation escalated quickly. They were trying to question the suspect when they say he pulled out a weapon. Bart police say they spotted the suspect inside the parking garage near a uhaul truck that had a busted window. An officer asked him to put his arms on his head. He reached into his waistband and produced a weapon. Reporter that triggered a shootout between the suspect 27 yearold charles getting and two bart Police Officers. One suspect he has been shot. Thats all the cops shooting his last bullets and thats all i saw. Reporter he saw the conclusion of the gun battle as one of the officers bloodied from a
With the Ministry Said the letter was written in german and found on monday in the committees mailbox austrian media reported the threats were made against two female athletes skeleton racer janine flock seen him and alpine skier in trinidad shields. I spoke with reporters on tuesday on her way to saatchi hospital and the canadian and they say there is no actual threat at the moment he received a threatening letter last month a smile. So did the United States and other nations the japanese government officials plan to dig deeper to determine how the countries in europe the accident affected workers on the frontline of the crisis. The ministry of health labor and welfare is laying the groundwork for an in depth study. Some thirty thousand workers have been assigned to d condition reactors at this guy she met Dai Ichi Nuclear Plants Ministry officials had already carried out medical attacks on about nineteen thousand of them as individuals entered the facility just ask the crisis began i
Jewish holiday. Buyers were there, nonetheless. Bob pisani, hot week for the market. Hot stuff. We ended up very well. Held up very well today. Let me show you major sectors and what happened. We had a Diverse Group moving the market forward. You get these rotations going on. Airlines were the big gainers again this week. Theyve been strong. Home builders, defense stocks moved up middle of the week as Interest Rates moved down a little bit. Then a whole group of cyclical names that did well. Defense stocks and semiconductors did well. The big market leaders, big gains on the year, biotech, huge number of biotech ipos. Btk hit another historic high. Global indices also did well. I call it a 2 week. In some parts of the world they did better than that. China had a great string of five days in a row. Japan getting its mojo back. Germany up. Even brazil managed a small gain with gains today. For the week here in the united states, im calling it a 2 week right across the board. 2 gains. Dow