REUTERS/Beawiharta
Student protesters react as police spray foam to extinguish burning tires during a demonstration against the government's plans to raise fuel price, outside the parliament in Jakarta June 17, 2013.Good morning. Here's what you need to know.Markets in Asia were higher in overnight trading. The Japanese Nikkei 225 rose 2.7% and the Hong Kong Hang Seng advanced 1.2%. European markets are higher across the board, led by France, up 1.7%. In the United States, futures point to a positive open.The big story for markets this week will be the Federal Reserve's FOMC monetary policy meeting, which concludes Wednesday and is followed by an afternoon press conference with Chairman Ben Bernanke. Many expect the FOMC to strike a dovish tone after bonds have sold off aggressively due to fears over tapering back of monetary stimulus.Heads of state are gathered at a G8 summit in Northern Ireland today to discuss, among other things, a transatlantic trade deal between the U.S. and the E.U. Negotiations are expected to launch this afternoon with a press conference, but the mood is tense after France won an exclusion for the French film industry from the deal on Friday, despite the objection of the U.S.According to new data from Eurostat, the E.U. trade surplus narrowed to 9.2 billion euros in April from 15.9 billion euros in March. The E.U. trade surplus with the U.S. rose to 22.3 billion euros in the first quarter, while its trade deficit with China declined to 33.6 billion euros.Credit rating agency Fitch is out with a report calling China's credit bubble unprecedented in modern world history. "The credit-driven growth model is clearly falling apart. This could feed into a massive over-capacity problem, and potentially into a Japanese-style deflation," said Fitch's Charlene Chu.Protesters took to the streets in Indonesia and engaged with police ahead of a parliamentary vote to slash government fuel subsidies, forcing a hike in gasoline prices. More than 18,000 police officers were deployed in Jakarta to curb the protests.WSJ reports that Starboard Value LP, an investment fund that holds a 5.7% stake in Smithfield Foods, will deliver a letter Monday urging the board of directors to split up the company as opposed to accepting an offer from Chinese firm Shuanghui International Holdings. The $4.7 billion deal, if it goes through, would be the biggest ever takeover of a U.S. company by a Chinese company.Apple disclosed that it received requests for data on around 10,000 user accounts from the U.S. government. The company said in a statement that it had asked the government if it could disclose the number and said it was "providing it here in the interest of transparency."The Empire State Manufacturing Survey beat expectations, coming in at +7.84 vs 0.0.NAHB's monthly gauge of homebuilder sentiment is released at 10 AM. Economists expect the index will advance to 45 from last month's 44 reading. Follow all of the data LIVE on Business Insider > Follow 10 Things Before the Opening Bell and never miss an update! Get updates in your Facebooknews feed.Get updates in your inbox.
Industry Accounting Airlines/Aviation Alternative Dispute Resolution Alternative Medicine Animation Apparel & Fashion Architecture & Planning Arts and Crafts Automotive Aviation & Aerospace Banking Biotechnology Broadcast Media Building Materials Business Supplies and Equipment Capital Markets Chemicals Civic & Social Organization Civil Engineering Commercial Real Estate Computer & Network Security Computer Games Computer Hardware Computer Networking Computer Software Construction Consumer Electronics Consumer Goods Consumer Services Cosmetics Dairy Defense & Space Design Education Management E-Learning Electrical/Electronic Manufacturing Entertainment Environmental Services Events Services Executive Office Facilities Services Farming Financial Services Fine Art Fishery Food & Beverages Food Production Fund-Raising Furniture Gambling & Casinos Glass, Ceramics & Concrete Government Administration Government Relations Graphic Design Health, Wellness and Fitness Higher Education Hospital & Health Care Hospitality Human Resources Import and Export Individual & Family Services Industrial Automation Information Services Information Technology and Services Insurance International Affairs International Trade and Development Internet Investment Banking Investment Management Judiciary Law Enforcement Law Practice Legal Services Legislative Office Leisure, Travel & Tourism Libraries Logistics and Supply Chain Luxury Goods & Jewelry Machinery Management Consulting Maritime Marketing and Advertising Market Research Mechanical or Industrial Engineering Media Production Medical Devices Medical Practice Mental Health Care Military Mining & Metals Motion Pictures and Film Museums and Institutions Music Nanotechnology Newspapers Nonprofit Organization Management Oil & Energy Online Media Outsourcing/Offshoring Package/Freight Delivery Packaging and Containers Paper & Forest Products Performing Arts Pharmaceuticals Philanthropy Photography Plastics Political Organization Primary/Secondary Education Printing Professional Training & Coaching Program Development Public Policy Public Relations and Communications Public Safety Publishing Railroad Manufacture Ranching Real Estate Recreational Facilities and Services Religious Institutions Renewables & Environment Research Restaurants Retail Security and Investigations Semiconductors Shipbuilding Sporting Goods Sports Staffing and Recruiting Supermarkets Telecommunications Textiles Think Tanks Tobacco Translation and Localization Transportation/Trucking/Railroad Utilities Venture Capital & Private Equity Veterinary Warehousing Wholesale Wine and Spirits Wireless Writing and Editing Privacy Policy Please Note: Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email To embed this post, copy the code below and paste into your website or blog.600px wide (preview)400px wide (preview) 300px wide (preview) Alerts Newsletter URL Recommended For You More: 10 Things Before Opening Bell Get Alerts for these topics » Matthew Boesler $('.icon-tooltip').tooltip(); HOT: CHART OF THE DAY: The Mortgage Refinancing Boom Is Evaporating Before Our Eyes Advertisement:Join The Discussion OR Login With Facebook Login With Twitter Login With Google Submit the comment for Insider Status Comments Apply To Be An "Insider" » Insiders0All Comments0 Loading 10 Things You Need To Know This Morning 10 Things You Need To Know This MorningProtests erupt in Indonesia, two important data releases, and all eyes on Bernanke this week.
Get Markets Emails & AlertsLearn More »IndustryAccountingAirlines/AviationAlternative Dispute ResolutionAlternative MedicineAnimationApparel & FashionArchitecture & PlanningArts and CraftsAutomotiveAviation & AerospaceBankingBiotechnologyBroadcast MediaBuilding MaterialsBusiness Supplies and EquipmentCapital MarketsChemicalsCivic & Social OrganizationCivil EngineeringCommercial Real EstateComputer & Network SecurityComputer GamesComputer HardwareComputer NetworkingComputer SoftwareConstructionConsumer ElectronicsConsumer GoodsConsumer ServicesCosmeticsDairyDefense & SpaceDesignEducation ManagementE-LearningElectrical/Electronic ManufacturingEntertainmentEnvironmental ServicesEvents ServicesExecutive OfficeFacilities ServicesFarmingFinancial ServicesFine ArtFisheryFood & BeveragesFood ProductionFund-RaisingFurnitureGambling & CasinosGlass, Ceramics & ConcreteGovernment AdministrationGovernment RelationsGraphic DesignHealth, Wellness and FitnessHigher EducationHospital & Health CareHospitalityHuman ResourcesImport and ExportIndividual & Family ServicesIndustrial AutomationInformation ServicesInformation Technology and ServicesInsuranceInternational AffairsInternational Trade and DevelopmentInternetInvestment BankingInvestment ManagementJudiciaryLaw EnforcementLaw PracticeLegal ServicesLegislative OfficeLeisure, Travel & TourismLibrariesLogistics and Supply ChainLuxury Goods & JewelryMachineryManagement ConsultingMaritimeMarketing and AdvertisingMarket ResearchMechanical or Industrial EngineeringMedia ProductionMedical DevicesMedical PracticeMental Health CareMilitaryMining & MetalsMotion Pictures and FilmMuseums and InstitutionsMusicNanotechnologyNewspapersNonprofit Organization ManagementOil & EnergyOnline MediaOutsourcing/OffshoringPackage/Freight DeliveryPackaging and ContainersPaper & Forest ProductsPerforming ArtsPharmaceuticalsPhilanthropyPhotographyPlasticsPolitical OrganizationPrimary/Secondary EducationPrintingProfessional Training & CoachingProgram DevelopmentPublic PolicyPublic Relations and CommunicationsPublic SafetyPublishingRailroad ManufactureRanchingReal EstateRecreational Facilities and ServicesReligious InstitutionsRenewables & EnvironmentResearchRestaurantsRetailSecurity and InvestigationsSemiconductorsShipbuildingSporting GoodsSportsStaffing and RecruitingSupermarketsTelecommunicationsTextilesThink TanksTobaccoTranslation and LocalizationTransportation/Trucking/RailroadUtilitiesVenture Capital & Private EquityVeterinaryWarehousingWholesaleWine and SpiritsWirelessWriting and EditingBusiness Insider SelectMoney Game Select10 Things Before the Opening BellMoney Game Chart Of The DayMonday Scouting ReportMoreFeaturedBusiness Insider SelectTechnologySAI SelectMobile InsightsScience SelectAdvertising SelectAdvertising: The BriefSocial Media InsightsFinanceFinancial Advisor InsightsClusterstock SelectMoney Game SelectYour Money SelectSmart InvestorMonday Scouting ReportLifestyleThe Wire SelectThe Life SelectSports Page SelectGetting There SelectManagementRetail SelectBreaking NewsWar Room SelectEnterprise SelectCareers SelectInstant MBAMarketing MondaysPolitics and MilitaryPolitics SelectMilitary SelectLaw & Order SelectTop 10 Things & ListsLists Select10 Things In Tech You Need To Know10 Things Before the Opening BellClosing BellCharts of the DaySAI Chart Of The DayMoney Game Chart Of The DaySports Page Chart Of The DayAdvertisementYour Money NASDAQ Composite 3,464 +39.99 (+1.168%) S&P 500 1,645 +18.27 (+1.123%) NYSE Composite 9,372 +108.64 (+1.173%) LinkedIn Login Hot: LinkedIn In your networkThe Social Media Advertising Ecosystem Explained
Apple's New iPhone Software: Redesigned, With A Lot Of Features Copied From Android
Why Local-Mobile Marketing Is Exploding
Login with LinkedIn to see what your friends are reading on Business Insider.Login with LinkedIn No articles have recently been shared in your network.
More »
Welcome, !You are logged into FacebookSocial: Your Activity|These articles have been shared on your timeline. You can remove them here:OptionsNotify me when a story is shared.YesNo Welcome, ! You are logged in with Google Social: Your Activity| These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared. Yes No The Future Of MobileWhy Mobile Payments Are Poised For TakeoffHere Are The Major Players In Mobile AdvertisingWhy Local-Mobile Marketing Is ExplodingTrendingAdvertisementIn partnership with Find A JobTech JobsMedia JobsFinance JobsC-Level JobsDesign JobsSales JobsSee All JobsThanks to our partners * Copyright © 2013 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by YCharts Ad Serving by 24/7 Open AdStream Made in NYC
0 comments:
Post a Comment