Youre watching deprecation coming to you live from new york, sydney and hong kong. Counting down to asias major market opens. Australia has just open for trade, the top stories this hour. Asian shares poised open higher after that this comes from fed officials, oil and gold Holding Gains in the aftermath of attacks on israel. Benjamin netanyahu says that retaliation has started against hamas as militants are warned they are prepared to kill hostages. Plus, xi jinping meets u. S. Congressional leaders facing criticism for chinas stance on the middle east conflict. Look at how u. S. Futures are trading in the Asian Session, not a lot of movement after we saw the s p 500 gained ground in the new york session. We did have Energy Companies really leading today given that oil prices were higher in the new york session. We are holding at 86 per barrel and they jumped more than 5 . We continue to watch the implications of a wider conflict in the middle east. Although the u. S. Has said that it
Extraordinarily important. Charles, before we get to the markets, were watch ago couple stocks with hawk eye. Netflix was a 619 and down 1 at 607. Netflix on debt and king of streamers reports First Quarter numbers after the bell, ahead of reveal you can see that the stocks are flagging a bit. Analysts want to know what netflix is spending in year on content. They shell out a lot of money. Last year they poured out 13 billion for big shows. Maybe netflix should be added to the mag 7 and the stock climbed 24 yeartodate. Here we go, look at ipo of the week and investors sending s hares of ibotta higher and walmartbacked Digital Markets and rewards platform and priced above the high end at 88 a share. Stock gapped up 33 at the open to 117 and right now moderating and up 20 to 105 and change. And this ipo like many others stitched together three profitable quarters and can founder and ceo brian leech head of the rewards program and he gives us big final hour interview coming up. The dow so
The top stories this hour, markets lower across major make decisions across the g20, oil added to inflation risk, with chevrons ceo telling us 100 is on the way. The pboc, see improved conditions in a rare beat for banks and companies, and instacart cuts its ipo, ranging up at 606 2 Million Dollars on its fifth marquee listing anyway. U. S. Futures pointing high in an early going, after an absolutely lackluster day in the United States with fractional moves to the downside for the most part for major indexes. Really, stocks and investors waiting for the fomc decision on wednesday, the summary of Economic Projections and what comes after that, 36 hours of Central Banks meetings around the world. Kicked off by the Federal Reserve. Now a bear market all the way, bonds maturing at 2050 trading below . 50 on the dollar today, says bit about the debt ceiling but also the bond market in general. It looks as if when we look at bond futures that we might get a tiny bit of relief tomorrow but we
South african politics members of the governing anc begin to vote on a new leader who will likely become president in next years election. A very positive morning across europe so far when we look at equity training. The stocks at 600 up nearly 1 right now a lot of green across the board. Lets take a look at the specific markets action across the continent. The foots see up 1. 5 . The cac ka rant in paris up and lets take a look at the specific sectors that are driving that positive movement this morning we can see from across the entire country the sectors, lets take a look at the numbers as they come through coming very shortly. Waiting for that foots see action there very slightlyup more than half a percent. Lets talk about whats going on in the United States so talking of taxes, President Trump has defended the 1. 5 trillion expected in cuts that could stem from the new tax reform bill. He said the economy, meanwhile, is going to, quote, start to rock the bill will create jobs and
Hello from sydney where it is just past 9 00 a. M. We are one hour out from the open of asias major markets. It is just after 5 00 here in new york. Over the next hour we will be all the action will be playing into the trading day. It is fortunate were not seeing a lot of ripples in the economy because we have enough ripples going on in washington these days. That is occupying the headlines. Friday cameob data in below estimates but wages gained into did not disrupt the view the fed is on track for at least three Interest Rate hikes this year. S p adding on record gains, the , acceleratinggher up over 200 points. Tech stocks continue to be another bright spot in the market. That momentum we saw in tech stopping at17 not least in the first week of january. Haidi it has been a stellar start to the year. The question this week will be whether low inflation is a goldilocks situation and continues. It culminates in Inflation Numbers in the u. S. At the end of the week. In the meantime we ha