Begins right now good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching im Brian Sullivan and happy to be back with you on what will no doubt be a very busy monday. Here is how your money and the Global Markets are setting up their day coming off that. Friday, 623 point drop another wild session last week now futures right now if youre waking up, dow, that is not a misread on the screen. We are solidly higher. Dow futures are up 281 points. What makes this even more remarkable is that just about two hours ago they were down more than 100 points, but they made more than a 300point swing higher in the last couple hours. All that as President Trump said that china is ready to come back to the trade negotiating table look at that, that was about 3 00 a. M. In the morning when our hardworking staff is already here, by the way, futures making a big turn up and this is where we stand right now. What a turn. President speaking on the sideli
Swing up to 50 points. This is going to be a bit of a wild roller coaster this morning. We are anticipating more comments coming from the president as he continues to have these meetings at the g7. This can be very far, wide ranging and a lot of things can get comment on youll see the futures potentially move around on all of this. The nasdaq is up by 82 points. S p up by 20 coming after a big down day on the markets on friday when the dow was down by 623 points that pushed the major average down for four weeks in a row and you are looking at august being a month where well see declines very likely. The only other month we have seen declines is the month of may. Ten year looks like 1. 49 . The two year 1. 45 obviously these markets keying off everything thats happening out of the g7, too lets get right to aimen javers in france at what has been a wild and memorable meeting aimen, good luck wrapping this all up for us. Reporter yeah, absolutely, becky. Let me start with the comments the
We should also note that yield curves around the world are feeling the pressure as well we did have on friday the german bund, the 10year, falling to its lowest level ever. As for the asian markets, the nikkei down by 1. 75 hang seng also pressured by what is going on in hong kong in terms of the protests there, down 3 . Shaun hi shanghai down 1. 6 in europe, red arrows across the board. Dax is down 1. 35 . Ftse down, as well we have a stronger dollar against the major currencies weaker crude, wti down 0. 7 . Brent down 0. 75 . Couple safe haven trades working this morning, gold prices are up. They actually have been on a great run. They were under 1300 about two months ago you see them up only slightly, little less than 1 , probably because they had been so strong lately not a lot of oomph year. Bitcoin also getting a little bit of a boost right here. Obviously, a lot of capital and motion across borders. That could help the sentiment toward bitcoin you see it up 7 at 11,750 lets talk
china says 26 peoplehave now died from the virus. the total number of cases in that country has risen to 830. 10 cities are on lockdown today with about 40 million people south korea and japan have confirmed their second cases the world health organization says the outbreak does not yet constitute a global public emergency. eunice yoon has the latest from beijing. reporter: the state media is putting total confirmed cases at 900 with 13 cities with travel restrictions there are signs that local authorities are having trouble diagnosing the people because they don t have enough testing kits according to local media or medical workers trained to use them china has been investing a lot in health care over the past couple of years. still a system run by the state and has a shortage of qualified workers and personnel. wuhan is a wealthy city but not as wealthy as, say, beijing or shanghai other cities are to a disadvantage wuhan is building a 1,000-bed hospital in less than 12 d
An 11 rise in exports for january. Still both were higher than economists expected. Over in europe, a check on how were doing there. The dak dox down better than 1 n germany. Down about 1 across the board in political news, well, you want to look at these first . What . Treasuries. Of course. Dont want to jump past those. The tenyear it was sitting there. I didnt see it i was so excited for the political news 2. 831 is the number on the tenyear recent high was 2. 88 that happened in the midst of that payrolls report then the market turmoil. After that soft auction yesterday and the budget agreement with the raising of the spending cap, thats when you saw yields take that little bit of a jump higher should we do political news now . Lets do it the clock is once again ticking in congress. Lawmakers having until mid night tonight to pass a spending bill and avert another Government Shutdown this time theres a major bipartisan budget deal in the work democratic and Republican Leaders in th