World headquarters in new york. The other big news we are hearing from sources telling bloomberg that President Trump has signed off on that trade deal, phase one with china, and also avoiding that 160 billion of chinese goods being given more tariffs. The plan was for this sunday, the deal could include agricultural goods, purchases from china, not to mention perhaps those existing tariffs also being lifted. Thats get the Market Reaction right away because japan and south korea are coming online. David ingles is in hong kong. What are you seeing . David if you took that and went long in the cash market on sterling or any of these as well, certainly, 13 514 whats your session high on cable. One thing to note on this as 2 wouldthing beyond make this the biggest drop since 2009 so these are quite substantial moves you are seeing. Lets flip the boards and have a look at the open across the region right now. Overall, asia is back to the highest level since august of 2018. I am guessing wit
Take a look at where we stand with the market stocks under pressure today the dow down around 65 points. A apple is the biggest loser check out shares of macys jumping despite a bearish call from Goldman Sachs is the bottom finally over for this beating down stock. Our traders will discuss later this hour. Thank you very much. The december 15th tariff deadline looms just a few days from now and the u. S. And china dont seem to be all that much closer to a deal, if at all. There may be progress on the trade deal with canada and mexico we are joined with all the latest news. Hey. Turns out the most protracted negotiations are taking place in the u. S. With the white house and democratic lawmakers discussing changes to that uscma deal for more than a year. They are now very close to deal according to two senior democratic aids. It could be announced as soon as today. One aids says the democrats are still studying the white house proposal others suggest the deal has already been reached th
Up a percentage point. We will get their earnings after the bell. Ie also finished higher chewy also finished higher. Scarlet volume was pretty light, 12 below the average. Part, market breadth was fairly negative as well. Of negative to positive. Lets dive deeper into the action with our markets reporters across the different asset classes. Abigail i would like to bring bonds into the equation. We are looking at here, in white, our treasury futures. Last six months or so, both are higher but sideways. Growth in stocks going higher at the same time. Since september, basically a downtrend for the 10 year eat treasury note. Downtrend, it could suggest that the recent choppy action we have had for stocks. This week, keep a close eye on this chart. I wanted to look at the volumes. Earlier this morning, we were looking at volume trading on the yetf, which tracks the entire index. Bond trading down 40 , relative isthe s p 500 index where it down less. Typically when the s p 500 etf, the spy,
Right now the green is the controlling color. The dow approaching 2,000. The s p and nasdaq on track for record closes to end out what has been a very eventful week. Lets get to eamon now for more on what we expect as we await President Trump. Its been to put it mildly a busy day in washington the drama is swirling here in washington today the president will be talking in the roosevelt room in a couple of minutes about this initiative that you just mentioned which is keeping Held Health Care costs lower by allowing customers to see what the prices are. The administration is talk about forcing hospitals and Insurance Companies now to disclose what the prices are they negotiate among themselves those negotiations behind closed doors now and the administration has been making the case today this is a shadowy Pricing System and customers are entirely unaware of what things cost and they cant make real choices about what their health care ought to be and how much it ought to cost. Thats the
As another top sponsor walks away. Turkey sins and the troops after a wave of airstrikes in syria leads to growing criticism. The u. S. Threatens sanctions in response. Shery we are seeing u. S. Futures gaining. 1 after we saw markets rebounding from two sessions of losses in the regular session. We had tech and Energy Leading the gains. We had a little more trade optimism today after bloomberg reported that china is still open to a partial trade deal. Suffice it to say we saw some of those gains being pared back in the afternoon session after another report said that china is starting to play down expectations of progress in those talks. Investors also had to digest the full mc minutes. Members seemed a bit more uncomfortable with that growing gap between Market Expectations and their own projections. The focus now on a u. S. Cpi coming out tomorrow. Lets see how we are shaping up for the markets in asia. Sophie we could see a mixed session in asia. We could see gains in tokyo. Could