Live Breaking News & Updates on China Credit Trust
Stay updated with breaking news from China credit trust. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Greenback following the selloff on wall street friday, asian equities also fell sharply starting the week. The nikkei and hang seng closing down more than 2 today. Thats putting pressure everywhere else. Take a look at whats going on in european trading right now. We have a situation where you have red arrows across the board in europe. The ftse down 1. 5 . In italy more than 2 . Well take a quick look at the u. S. Equity futures as well as we take a look now, the good news is we have red arrows with the dow opening five points higher, the s p 500 up three points higher and the nasdaq up 2. 5 points. Over to sarah in the meantime. Among the catalyst most often cited, fears over tightening in u. S. Monetary policy and Credit Conditions in china. Lets start in china. Eunice is joining us live from beijing with an update. Good morning. Good evening. Good morning. It looks like we have averted a potential crisis here in china, ther ....
You would expect. Given that its unexpected with the dow free falling. The nasdaq down. 9 and s p down. 57. Im talking about the perspective chinese credit collapse. And we have all dethe sided it can reverberate into any company with exposure to china. Ford, coach, boeing, goldman sachs. The thing is all crises are pretty much the same in the post Great Recession world. There is the initial shock holy cow theres problems in the chinese banks which shouldnt be much of a shock at all. Until the last 24 hours, no one was focused on the credit equals gold number one collective trust. Thats the moniker of a 500 million chinese bond that could default as soon as january 31. Hurting individuals who own it or, well, the aches and pains of China Credit Trust. Another thing weve got to think about. The house of pain. We have endless ashurss not to worry because the peoples republ ....
And we have all decided it can reverberate into any company with exposure to china. Ford, coach, boeing, goldman sachs. The thing is all crises are pretty much the same in the post Great Recession world. There is the initial shock holy cow theres problems in the chinese banks which shouldnt be much of a shock at all. Until the last 24 hours, no one was really focused on the credit equals gold number one collective trust. Thats the moniker of a 500 million chinese bond that could default as soon as january 31st. Hurting individuals who own it or, well, the aches and pains of China Credit Trust. Another thing weve got to be thinking about. The house of pain. We have endless assurances not to worry because the peoples republic government has it under control. A bank possibly allowed to default there are implications that arent instantly patched up when we have down ticks fr ....
First time since november but settled just above that. Road map begins with the dow looking to work back its worst week in over two years. Caterpillar results beating estimates. The Company Announcing a new 10 billion stock repurchase program. Cisco slapped with a dow downgrade by jpmorgan. Apple slated release results after the bell today. Well preview how the allimportant holiday sales season has impacted its quarter. First up, stocks are looking to bounce back from a rough week which ended with the dow 318point selloff on friday. The s p coming off the worst weekly percentage loss since june of 2012. This, on worries about emerging markets and concerns that may further scale back stimulus at the fed meeting beginning tomorrow. Turkey has an emergency meeting planned tomorrow. Turkish lira, one were watching. You said on friday, jim, when panic is in vehicogue, everybod wants to join in. Theres typically a big downturn in gd ....
Investor john calamos here with his take on what investors should be doing right now. Could apple help pull this market out of the funk. Apple due out with earnings at 4 30. Well have the crucial numbers the moment they cross with the analysis they need. Apples results will be watched closer than ever. Regardless, it will have a huge impact whatever apple does because of the size of that company. It will have a big impact on markets tomorrow. Lets look again at this hour of where we stand. The tenyear u. S. Treasury yield is pretty flat. As a result earnings moving the indexes to some extend. We have caterpillar contributing in the range of 40 points to the dow which is up 47 at this hour. Take a look at the nasdaq. This the underperformer today and its the social media names which we have to watch. Its off about 0. 4 or 16 points. And the s p 500, as mentioned, is fighting to return to positive territory. You can look there at the chart and see this turnaround weve had since midday. L ....