i'm kriti gupta in london. the boj sticking with the world's last remaining negative interest rate, leaving investors guessing when that rate hike could come. governor ueda speaking in just half an hour. we will bring you live coverage. the u.s. and its allies and nothing a task force to protect shipping in the red sea as threats to vessels impact global trade. apple races to tweak it smartwatch software after a patent dispute forces it to halt u.s. sales ahead of the holidays. a lot to digest from monetary policy to the corporate story coming out of apple not creating a good risk on vibe, even though plenty of us are in the holiday mood. euro stoxx 50 futures in the green, higher by 0.2%. ftse 100 and s&p futures virtually unchanged, speaks to this idea that we are amid thin holiday trading volume. slight outperformance in europe, some might call it autopilot. nasdaq 100 futures not seeing a lot of action. a lot of this is people have signed off for the rest of the year. thin volume, hard to assign a market na

kriti: good morning and welcome to "daybreak: europe" i'm kriti gupta in london. the u.s. weighs military strikes on houthi rebels in yemen in response to threats in the red sea. global trade bracing for more disruption. in the u.k., november cpi expected to come in above 4%, steady march towards the boe target but stagnant economy still a problem for downing street. china's main commercial lending rates remain unchanged after the central bank pledged to maintain supportive monetary stance. a quick check on the markets as we digest geopolitical tensions and the thin holiday trading volume. drain across the screen around the world, euro stoxx 50 futures higher, s&p futures higher 0.1% to be generous. our performance on in the u.k. come up with 100 futures higher 0.3% but the key to this week is no one is at their desk. so you are seeing the market kind of on autopilot for lack of a better term. little bit of a santa rally you are seeing at least for the early parts of today's trade. let's go to the cross as a picture because monetary policy still in focus. we are getting a

. >> good morning and welcome to "daybreak: europe", i'm kriti gupta in london. israel expands operations across the gaza strip with a ground invasion inspected in the south. gazans warned to evacuate yet again. gold jumps to a fresh record. bitcoin surging. investors were looking for yields as a occasions of rate cuts grow globally. cop controversy, new comments by the president of the climate summit to phase out fossil fuels altogether. bill gates says the world probably won't meet its goal of keeping temperatures below two degrees. >> the aspirational target. you can do the math on 1.5 and even 2.0 isn't that likely. >> there is a lot of things to digest especially when you talk about the readthrough to the broader economy. let's talk about how markets are thinking, because when it comes to futures, it is an interesting picture. the last 48 hours investors digested comments from chair powell, the data yesterday as well. when we look at euro stoxx 50 futures, virtually unchanged, 4420 five. slight underperformance in the u.k., ftse 100 futures down 0.1%. the re

i am kriti gupta in london. mixed among thin holiday falling. core inflation data in the u.s. will be the key data point as that soft number as to the case for rate cuts. in asia, china cracks down on online gaming yet again while slowing japanese inflation puts the spotlight on the boj. nike missing estimates and issuing a warning on the chinese consumer. those shares falling after hours in the u.s. session. want to get a quick check on the markets from around the world truly. in this thin holiday volume, you look at the futures trading, you cac of red. it is the last day -- you see a sea of red. it is the last day before the christmas holiday. a lot of people are taking cash off the table, specifically after yesterday's session, where there was a little bit of bottom feeding. that's pretty normal to see during the holiday season but there are some questions about where that santa rally actually went. underperformance in the u.k. across the atlantic, a similar story. you see risk off really set the tone around

i'm kriti gupta. 500 on the brink of an all-time high amid thin trading on the brink of 2023. .bitcoin waivers. first before we digest all that

i'm kriti gupta in london.pushes back against a joint called by france, the and germany for a sustainable ceasefire, as israel calls it a price for terrorism. tensions rise in the red sea as increased attacks on shipping threatened global trade. fed officials push back against bets on aggressive rate cuts next year, austan goolsbee saying it is too early to declare victory over inflation. china's iphone ban ramps up, more staff set to be barred from bringing foreign mobile devices into the office. a lot to digest when we talk about the macro and micro. mark critz -- markets are getting interesting but we are talking about thin trading volume. you are seeing futures pullback when you look at the european continent, but u.s. futures with real regional divergence. some of this will be a function of the geopolitical tensions around the world. some of this is also going to be rebalancing. we will dive into that one when it comes to the equity market. there is more clear read through looking at two-year yields down t