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The nasdaq yesterday had been up more than 1 and the s p 500 more than half of your percent. The geopolitical tensions earlier this week, that briefly took a toll on the markets being shaken off as buyers are stepping in. When we look at the breadth of the market, there may be some reason to be concerned and think that perhaps the rally we have seen for two days could be shortlived. His is a oneyear chart in white, the s p 500 and in blue the percentage of members above the 50 day moving average. Yesterday, the s p 500 moved above the moving average, considered to be bullish and saying buyers are moving back in. In blue, the percentage of the members over the 50 day moving , thege, 43 , declining market internals are deteriorating is what that is telling us. Suggesting that the rally we see for stocks today this week could be shortlived. Lets look at a sector doing well, homebuilders. Bid. All getting a decent Credit Suisse estimat ....
Crisis management. Russias Central Bank Governors as the Global Economy is coping with political turmoil. We have interviews with her and the finance minister. We are less than half an hour from the european open. I am looking at losses in equity index, futures, really across the board. You can see the the Index Futures down. 2 , as our ftse futures, dax futures down a little more. That doesnt show the picture of what a risk off they it is shaping up to be. If you look at bunds, you see it there, coming below a three handle. Bunds trading at zero point 2992 0. 2992. Get aroundiling to the world. Investors getting into treasuries, as well. The 2 level, i think it is turning out to be a big risk off friday. Anna looking interesting to see we didnt really see such a risk off vibe from the asian session, things were m ....
And im Francine Lacqua. Lets quickly check on your markets. Global stocks are definitely rising. Shares in japan are probably advancing the most. The yen weakening after the bank of japan left Monetary Policy unchanged. Treasuries holding onto losses. Traders still, i think trying to digest the more hawkish tone struck by the federal reserve. I wanted to put gold in there as well, practically flat. Lets get straight to the bloomberg first word news. Reporter russia has verified that the Islamic State leader has been killed. Isisuld be among about 30 commanders killed during a bombing raid last month. It is also said the attack killed another 300 Islamic State fighters, but provided no explanation on the delay in reporting the airstrike. Anger is growing over the dea ....
Happy monday. Im melissa lee. The dow was down about 184 points at session lows. The nasdaq has turned positive thanks to strength from biotech names like regeneron. The worst performing sector, down by half a percent. Well have much more on the bank selloff straight ahead. Here is what else is happening this hour. Some news you heard exclusively here on cnbc, sources telling us bill gross has settle his lawsuit against his former employer pimco between 75 million and 100 million. The number around 81 million. Gross filed the original 200 million lawsuit back in 2015. His dismissal from pimco was a breach of contract. Amtrak derailment with no injuries reported. The investigation is widening into the terror attack in london. Uk police say there is no evidence the attacker discussed his plans with anyone else or any other group. Melissa . We have a very busy two hours ahead. We kick things off in washington where the Trump Admini ....
This is countdown. Im anna edwards. It is just six of clock in the morning here in london and we have interesting developments overnight in the japanese debt market. Lets get straight to that low Interest Rate environment story we have been tracking. Yields on government 10 year week. Hit new loads this we saw a record low on the 10 , 0. 1 . We have been talking about germany and the u. K. , all hitting near record lows. Bill is talking about how global yields are at their lowest in 500 years, he says. He says this is a supernova that will explode. We will talk about that as we get to the program. I will show you what other assets are on the move because it is a pretty weak session coming through on the asian equities story. Hong kong is back in action, of course. China is still closed. The focus seems to be on the risks that lie ahead. The Eu Referendum is one of those her ein ....