Upper 106 level before u. S. Retail sales and trade talks are planned for the weekend. We are seeing dollar weakness in recent days. Gold futures at 1946. It is above 1900, a wild ride for the metal after surging 30 this year. We saw the plunge below 1900 tuesday. Gold is still an of the bestperforming commodities of 2020. 66. 22. 10 year yield at lets flip the page and look at where we are in terms of the chinese shares ahead of a slew of data for july on friday, including Industrial Production and retail sales. The csi 300 is in negative territory, down. 4 . The yuan is at 6. 93. The hang seng is getting some gains. Center, infront and negative territory right now even as it the highest estimate. Tencent also played down the Trump Administration as we check been. Ban wechat the kospi is up on a 52week high. Look at southeast asia, this is asias worst performer this year, correctly up. 5 . It may rise to between 6500 to 7000 this year, driven by pretty much the government stimulus pac
Time to call voices. The 77 percent. Got my. Front porch to flash from the housing boom boom town this is where. Welcome to the 77 percent. This weekend g. W. Millions of teenagers love it but President Trump wants to talk of the United States Software Giant oracle is reportedly interested in taking over a Video Service in the u. S. Which the white house accuses of spying for the chinese also turning waste into money. Ferment gonna making it easier for businesses to earn a bit more by paying them for their discarded plots and German Farmers face 3rd straight disappointing harvest. Im Chris Colburn berlin welcome to the program the race is on for a tick tock and with oracle there seems to be another contender willing to take over the Video Services operations in the u. S. Canada australia and new zealand according to a Financial Times a poor of the enterprise Software Giant has have preliminary talks with tick tocks Chinese Parent Company by stance u. S. President donald trump has threa
A bit more by paying them for their discarded glass and German Farmers facing these 3rd straight disappointing harvests. Welcome to the program the race is on for tick tock and with oracle there seems to be another contender willing to take over the Video Services operations in the us Canada Australia and new zealand according to a Financial Times of core of the Enterprise Software giant preliminary talks with tick tocks Chinese Parent Company by stands u. S. President trump has threatened to ban the tick tock app in the United States over spying allegations if by dans retains ownership microsoft and twitter are also interested in acquiring parts of the company. Lets bring in our new york correspondent. Louise what would oracle a Business Software companies see in a video app beloved by teenagers. Out sea. 7 creatures then even at 1st sight that there are there are not many events in ages between oracle and tic toc its it to whoever ends up buying the Us Operations will gain access to
All report Record Numbers of daily deaths. We are getting set for samsung results. We will find out how the pandemic has hit south korea smartphone makers later in the show. A look at how we are shaping up this thursday session. We will start with u. S. Futures. All eyes really looking at the fed, looking at jay powell. He said this is particularly the biggest economic shock in memory for the u. S. Prospects for further monetary stimulus, just incremental progress when it comes to negotiations, more fiscal stimulus, i should say. Chicago nikkei futures looking unchanged. It is a massive earnings day in japan, expecting results from hitachi, panasonic, as well as waiting on japanese retail sales. Retail sales coming out of hong kong later on. That is expected to be another grim picture. The yen, wonderful 97 is where we are. Steady below that one of five handle, the dollar coming under pressure from that super dovish fed and the dovish comment from fed chair powell. 41. 37, getting that
Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer side of it to some extent. I know julia is going to be following that closely after the bell expectations cant be particularly high but we are looking for a lot more data when it comes to the parks and the attendance, when it comes to directtoconsumer of course with disney plus and the exhibition of motion pictures, which is not something thats going on right now. Absolutely, david, i mean, i think it will be really interesting to get some more insight into the success of that streaming business