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August 15 but also continuing down. 7 the nikkei and the futures in the u. S. Are looking lower as well. Data expected out of the u. S. Later today. And in terms of looking at some of the currencies in the region, we talked about the bloomberg dollar index. Down about. 10 . Dollar weakness is essentially beneficial to equities in this part of the world and currencies as well. Aussie, thats what youre looking like, essentially flat and new zealand had jobless numbers that came in less bad than expected. The kiwi dollar up. 2 . Lets move on to some of the commodities, gold again looking strong and well, above 2000 an ounce, a little bit of weakness in the last hour or so, down about. 2 . Terms of oil were looking at the beirut story, the port explosion there and there was concern that have geopolitical tensions emanating from that. Thats the yield picture in the points. St over 10 basis rally washe dollar rather short, and then weve got gold, the inverse correlation back at the moment. T ....
Green arrows across the board in europe the dax is up by 0. 3 . The cac adding 1 . The focus again today, because yesterday it was the fuel for that whipsaw action, treasury yields, 1. 727, much firmer than what we saw yesterday. We saw a low of 1. 595 we had record lows across the yield curve. Thats worth noting. A lot of strategists saying we could test 1. 35. Beijings central bank setting the official reference rate for theyuan to the weakes level in a decade. Eunice yoon has more on the midpoint number that traders are watching they do it now at 9 00 p. M have to watch all the time eunice its worth it its worth it to stay up that late the central bank set the midpoint fix weaker than 7, but it was actually stronger than what a lot of analysts were expecting. So because of that traders were taking that as yet another sign that the government here wants to pull the reins back on the chinese currency there was no official commentary today on the fix it was interesting to see what came ....
Exchange welcome to cramerica other people want to make friends, im just trying to make you some money my job is not just to entertain but teach and coach you. Call me or tweet me jimcramer how the heck are we supposed to figure out what is going on when the president of the United States starts bad mouthing china when his hand picked team of the negotiators is set to have a state dinner with chinese counter parts . These trade talks are so important, no wonder the market is confused. Down hard on trumps tweets or betting on the hope the Federal Reserve will bail us out with a rate cut tomorrow afternoon that we certainly need. Thats why the dow closed down 23 points, s p dipped 2. 6 and nasdaq lost 2. 4 maybe the president , maybe its not a brilliant plan here. I can see where hes coming from man, it does not inspire confidence about these trade talks when you tweet stuff li ....
It is. We will be talking to Carmen Reinhart about it at 8 45. Stephanie greece has had deadlines before. European leaders gave a greek Prime MinisterAlexis Tsipras, until midnight tonight. They want more spending cuts before agreeing to a bailout. Greece will not get special treatment. We remain fully engaged in order to help find the solution that will be most conducive to our mission, to try to help with restoring stability, growth. Stephanie wieters can decide how to respond to the greek proposal. Greece has extended capital controls through monday. In china, stocks bounced back after losing more than one third of their value in one month. The best marked shanghai composite index rose 5. 8 . Steve engle has the story from shanghai. Steve confidence and liquidity returned thursday as stocks rose the most since 2009 ....