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Fascinating conversation and content out of those interviews. Cant wait to see them all. I amme to daybreak asia, haidi lun here in sydney. Betty i am betty lou at the Global Headquarters in new york. Before we get to the great therviews, a recap of markets. We sell the dollar gain, oil markets higher, oil touching above the 50 a barrel level. That led to stocks rising. Lets pull up the board to show where markets closed. The dow added on 40 points. S p gaining. The nasdaq higher, as well. We continued to digest lots of news in the u. S. We will be watching economic numbers that are key for the market. Haidi we spent so many days talking about the weather, north korea, geopolitical risks. We are now focusing back on monetary policies and the macro environment. Check out how we are setting up ahead of the data. New zealand, trading sideways, up 1 10 of 1 . The kiwi dollar at. 7252. The dollar rising for a third day, expectatio ....
The divorce will not happen. Ado about be much nothing. Welcome to daybreak asia, i am haidi lun. Betty and i am betty lou. I love how people have game to that out. People putting bets on as to whether brexit could reverse. In the meantime, a lot of bets on what we will hear tomorrow from the fed. That is the market staying relatively calm or at least not moving much before the fed news conference. The dow up 40 points. Still has the slight bullish tent. Level, above that 2500 1 10 of 1 . The same for the nasdaq. A slightly higher open in asia. Haidi mostly calm, volatility slumping. We keep talking about these indices pushing into the record highs. We saw that again with the s p. Bound,s of being range this is the tightest range for the s p we have seen in decades. Not a lot of motivation, strong motivation ahead of the fed, the boj. Kiwis head tohe the polls this weekend. We saw the kiwi dollar one of the strongest to gainers among the slumping greenback overnight. 25 . Stralia up th ....
President trump said he made his decision on iran but refuses to say what the decision is. Speak thison due to hour, hopefully to clarify. Betty welcome back, yvonne. We missed you, a lot has happened in the last several weeks. Today with the fed, that has been the big news. Now we know this qt we have been talking about will Begin Next Week next month. Lets look at how the markets traded in reaction to this. In thiss quite a dip announcement and after with a news conference. We saw markets climb back. The s p closing above the red that, butnasdaq below the dow adding 42 points. I want to bring up a quick , which shows you how uncharted the territory is from markets. Since 2009 we have seen the s p track qe so tightly. Yes, they spread apart in the last year. But it really has been qe that has driven prices. Now where do we go . Yvonne we have seen the success of qe when it comes to equity markets, especially the s p. The big que ....
Joins those voting against the bill. Drama turnsip another page with apple urged to jump ship and change sides. There is a sickness going around. No, it is not what i had over the weekend, which was the flu. Really took the markets down today, the big tech shares, but it lifted another portion of the markets. I want to pull up a chart for you guy. You guys. G btv 4698. It shows small caps, which has been the laggards all throughout the year, now starting to see some life, some of the life fangg out of the stocks. Yvonne a different kind of flu. I am glad your feeling better, betty. Some of these stocks that have suffered the most this year doing quite well. Safety trade dragging things lower. Those demand concerns over the iphone 8, certainly weighing on the whole sector overall. Not a good lead up to asia shares this morning. Kiwi, we are continuing to see weakness after that surprise in the new Zealand Election outcome. Despit ....
The Consumer Devices battle heats up. Apple and google are due to refresh their product soon. Some breaking news crossing Inflation Numbers for south korea in the mouth month of september. Inflation up. Ve coming down a bit to 2. 1 , that is below went economists had estimated and a big drop from what we saw, a gain of 2. 6 in august. Also taking a look at core cpi, 1. 6 . Below wently economists had estimated for a gain of 1. 7 , month on month, your continuing to see the rises although very barely. Inflation numbers in south korea coming in a little bit below what economists had forecast and is on Consumer Sentiment and how the markets are reacting, how the economy is reacting to the continued tensions in north korea. Stray too far from them be oks target, the economy is going not full speed ahead but still qu ....