saying america is winning the trade with china but the u.s. deficit is set to balloon to $1 trillion. hong kong protesters mark one month since gang attacks on the subway. wantswants beijing companies to toe the line. shery: let s get a quick check of the market close in the u.s. stocks are higher but after paring back some of those earlier gains, every sector in the s&p 500 was in the green. we had consumer discretionary and tech leading the way. not to mention we had numbers out of retailers like lowe s. we also had them from target. that helped with investor confidence. we had home depot showing signs that the second half would be strong. we had seen that rally. this is adding to the sentiment. at the same time, we have the fomc minutes. after that, the two-year treasury yield rallying. and we have eight the yield curve and we have the yield curve inverting. s&p active futures up .2%. let s see how we set up in asia. sophie: asian stocks brushing off the midweek fumble
we are not a leading not letting people vote or coming it was strange governments. we just want people to vote. nejra: tense weekend of protest. hong kong takes another violent time. we are live from the city police headquarters. and saudi aramco releases earnings for the first time. we will hear from the cfo later this morning, don t miss it. matt: good morning from the german capital, let s take a look first at a couple of the market prices, you will see the influence trade. you might wonder why asian markets are gaining right now. thanuan fixing was weaker some may have expected and it does look like the chinese are indeed holding the yuan steady around seven. right now we see the offshore trade at about 7.1 you want to the dollar. that s why you re seeing futures up in europe and the u.s.. taking a look at your stocks futures. is $.93 and change. taking out the highs we saw in 2016, and the next move up would be the highs we saw in the financial crisis. euro-pound at
are following this tuesday, oil firststudy after aramco s half showed no surprises. income fell, but still the most profitable company in the world. argentinian stocks in the peso, potential to roil wider markets, too. shery: let s get a quick check of markets closed. in the market session, another down day for submarkets with the s&p 500 falling below 2900. financials and materials led the declines. the s&p 500 at 1.2%. the nasdaq also fell. risks rising in argentina. political uncertainty in hong kong. coined futures following falling the most since 2013 on a bearish outlook report. all that added to pressure across the market. u.s. futures up 0.1%. let s see how we are setting up in the markets. selina? selina: after that down day in the u.s., asian futures set for a weak open. chicago nikkei futures change, but futures and seoul, sydney and new zealand down 0.8%. markets were closed yesterday in india, malaysia, thailand, japan. concerns about political unrest in argent
watering $5 billion. the implications of unrest, weeks of protest and hong kong. the effect on the city s 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 week s 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. let s 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 stronger-than-expected and it was short-lived. 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. reporting the white house is holdin
getting a boost from the gdp boost print which was something. 1.8% growth. shanghai, doing well. let s 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 salvini s government is on the verge of collapse. meanwhile, we had the fix early in onshore yuan, below seven against the dollar. let s carry the position we have on these markets. let s look at the first word news with su keenan. governor has told ready to that he is reduce australia s 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 down unemployment. inflation will be belo