Hour. Stocks are set for a positive start after earnings reports, treasuries are falling. Chinese deflation danger growing. Softbanks vision fund set to return to profit. We are getting a slew of trade data from around the region. We see the goods trade surplus widening. We are seeing the current account surplus widening. This as we continue to watch the won as a key currency pair, sentiment has been souring. Not just south korea, always a bellwether when it comes to those first 20 days. We are expecting further weakness. The goods trade surplus is widening to 3. 985 billion, the current account number coming at 5. 8 billion. Shery take a look at how u. S. Futures are trading, we are seeing a muted picture. The s p 500 is being led higher by financials. There is a lot for markets to take in this week. We were talking about cpi numbers totaling more than 100 billion but the market has to digest. Were talking about more stability and investors are focused. Took a bit of time for digester
New investment restrictions tied to china its wednesday, august 9th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start this day as always kick it off with a check on u. S. Stock futures. Right now were seeing them in the green across the board open up about 08 points higher nasdaq, more than a third percent higher in the premarket after a rough session for stocks yesterday. Investors digesting the moodys downgrade that sent major u. S. Officials sinking. Goldman sachs closing 2 lower, citi down 1. 5 and wells fargo jp morgan largely spared in this situation. This morning, were seeing a bit of a mixed picture take a look at how the stocks are performing right now in the premarket. Were seeing some of them still in the red as you can see, goldman sachs, jp morgan fractionally lower, bit of a rebound for bank of america, half percent higher, wells fargo up. 25 . Bond market, as always,
We are going to leave this program here to keep our over 40year 40year commitment to congress. We take you live to the floor of the u. S. House here on cspan. The speaker the house will be in order. The prayer will be offered by chaplain kibben. Chaplain kibben would you pray with me. O god, you desire not the strength of our arguments, nor the vigor of our opinions, but the gravity of our humble sacrifice. On this day, may we sacrifice our inclination for contempt and instead initiate kindness. Loosen our grip on jupt and instead may on judgment and instead may we grab hold of a generosity of spirit. May we foreswear our grudges and commit instead to exercise forebarrens. Hold us accountable that our arguments will hold forth your righteousness and not ring hollow in our rightness. May our struggles preserve the dignity of this body and not erode our commitment to its noble purpose. May our words underscore our devotion to the common good and not undermine our ability to see, even in
Guy it turns out that i am sitting in for Francine Lacqua whose got laryngitis. Tom keene is off for thanksgiving. Happy thanksgiving, by the way. Hes projecting onto you. Francine here is the bloomberg first word. Fry mints french minister says it is possible the terror attacks could affect the countrys economic growth. Will meet hollande Vladimir Putin and moscow later for talks on tackling the threat posed by a mcstay. After the french leader yesterday pressed Angela Merkel for grearter commitment. David cameron will large prominent to back his plan to extend British Parliament attacks on Islamic State into syria. It is a move that is likely to split his conservative party and the opposition labor party. Yesterday, he told mps i. S. Presents a clear and present danger. Industrial metals have surged after chinese regulators were said to be considering a program to shortselling. Nickel, copper and zinc have rally. The euro has had a sevenmonth low as investors speculate the European C
Liberia Still No 1, Despite Russian Oil Tankers Flying Flags Turn to Gabon frontpageafricaonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frontpageafricaonline.com Daily Mail and Mail on Sunday newspapers.