Stay updated with breaking news from K bank. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
But says ridehailing bookings fell for the First Time Ever last quarter. Shares rise on signs that it is emerging from the virus slowdown. Take a look at how we are setting up when it comes to the final trading session of the week in asia. U. S. Futures flat after we saw gains on wall street. Despite those historically high unemployment and jobless levels that we are still seeing in the u. S. , there is some sort of consensus among Market Participants that the worst may the over but we are looking ahead to the optimism of the economy reopening. We are also seeing optimism when it comes to new zealand, this despite the budget deficit numbers that were released earlier from the treasury report. New zealand just emerging from that stated four lockdown with the economy stage four lockdown. Also outlining steps for a gradual return to more normal economic functioning. New ze ....
We will hear exclusively from the economy minister in japan. Betty just moments ago, breaking news out of europe, germanys chancellor Angela Merkel, her push to unite for parties together into a Coalition Government seems to have collapsed. They were just running up against that deadline. This is going to put germany into uncharted territory. And really puts Angela Merkels job on the line. You can see there is immediate Market Reaction already in the currency markets in particular, the euro dropping right as the news broke about the talks. It was already uncertain if Angela Merkel could pull this off and it looks like at least for now, the answer is no. We talked about how intense these negotiations have b ....
Our tenyear is at a seven month high as durables crash estimates. Earnings from dow components dragging us lower in the premarket. Chipotle sinking double digits a big miss on results last night. Amazon unveils delivery inside your door with a new Smart Security camera. We will fill you in. One day after another record high for the dow coke and boeing beating with earnings this morning. Jim, theres a lot to get to several companies with a socalled triple play meaning they beat on the top and bottom line and raised guides aance. I think that visa doesnt get enough chatter by anyone its been maybe one of the most consistent if not the most consistent company in the Financial Service and tech business once again, it blows things away i was afraid that this would be one of those where it blew it away and people would yawn but it was too good because its double digit we are see ....
Market the major indices selling off today. Those losses accelerating into the close, falling about 1 with the nasdaq getting hit the hardest. Wasnt Just Technology energy and health care taking it on the chin. This as high er rates and soft data sends a chill lew investors. Simple question to want, with toks at one lows, is this the dip you buy or has something changed . You know what, i dont think something has changed dramatically about this rally. Weve talked to death about whats happened with Interest Rates. The only thing that was different today to raised an eye breaux boroureaux was the financials with rates where they are, you would have thought they held up. That was a warning signal, but i think there are some places you want to look in tech that you might want to start picking some stuff up here. To me, the only place its safe is in the banks i think you have a v ....
Tom keene in new york. There was a big surprise from the boe yesterday. Tom i have to tell you, and we will show charts, yields speak to the tensions out there into this mornings jobs report. Francine they certainly do. Then we will go to the boj. Lets go to the bloomberg first word news. More on todays jobs report. The government will issue another solid report later this morning. 180,000 increased by july with the Unemployment Rate falling to 4. 8 from 4. 9 in june. Fornumber of people higher permanent positions in the u. K. Slumped the most in seven years in july, according to a report improvementd the federation. They are calling it a dramatic freefall. The bank of england said the outlook good weekend markedly. In south africa, the chief whip of the Ruling African NationalCongress Said the party conceded ....