Page 20 - Metals Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rishaad looking at the state of the markets, in flux in this part of the world. On wall street, equities ending a winning streak, and this time we cant point the finger at the bond market. Earnings are the primary culprit this time around. A major blow as it has really had some missteps taking on amazon. Haidi a pretty mixed picture going into the proper asian trading session that is underway. We are still watching the bond market. A huge week as u. S. Markets came back from president s day. We had a round of treasury auctions. Take a look at this chart. Pretty staidlly a session. 2. 9 ,year h...

Eastern, we get existing home sales data. At 1 00 the u. S. Treasury is auctioning 35 million in fiveyear notes. Now the turn to our first take away, these are big stories. That great treasury sale continues with twoyear yields in the option yesterday the highest in 10 years. Continues toconomy struggle to get wage increases to keep up with inflation. Glencore reports earnings with catholics flow and earnings the turnaround in that company is so dramatic. It was on deaths door just a couple of years ago. Come inside the bloomberg. We had all those auctions yesterday, and this is what we saw. Y...

Surveillance. I am Francine Lacqua in london. Getting some breaking news out of the euro area. February services pmi falling to a level below what economists had forecast, 56. 7, instead of 50 7. 6. Manufacturing falling below 58. 5. Sts, at i do not think this will impact the eurodollar, 1. 2316. After the trading session that we had on yields and the huge bond auction that actually went according to plan you can see the twoyear yield over in the u. S. Practically unchanged at 2. 25 . Then we did see a reversal on european stocks. They were gaining on the back of asian equities and now they a...

Mark vassella. This is Bloomberg Markets asia. Ishaad that rally continuing we have treasuries and focus. Goldman sachs making the call about what could happen if. Ields go up to 4. 5 looking unlikely at the moment. But who knows. Jay powell, two testimonies on capitol hill. Highly cognizant of global markets. He would be aware of the significance and scrutiny over these separate days of testimony. Up fory report, setting janet yellen 2. 0. He will be want to be treading carefully given the web saw sessions we have had over the past few weeks. Over withtrong hand yesterday pushing its 50day pr...

Slightly higher. At the low, down more than 100 points. All on pace for the worst day of the year. That is only true for the tech heavy nasdaq. Really weighing on the nasdaq, the Philadelphia Semiconductor index down 2. 4 . Still on pace for his worst day since december 4 of last year. Lets dig into one stock weighing them all down. Apple down 1. 6 . Its worst day of the year. This appears to have to do it to death and analysts. Jpmorgan is cutting the estimate, Sales Estimates for 2018. That is based on deteriorating iphone demand. We also have bernstein saying the iphone estimates for the ma...