video transcript

All of us -- to -- -- 26 minutes left until Ben Bernanke's speech. Let's kick off your morning call for Friday. There will say I won't say questions may finally be answered as Bernanke -- the podium at the central bankers' annual meeting in Jackson Hole. The Fed backdrop jobless rate stuck eight point 3% and -- growth that's unlikely to bring down unemployment by much anytime soon. Piling on to concerns inflation slowing running below the Fed's 2% target. Many analysts have low expectations from the Fed chief when it comes to signaling another round of quantitative easing. Especially since the FOMC meets again in less than two weeks. It if he doesn't say anything. Mike s.'s most people say well yeah I would -- really expected. To happen but the market. There was nothing there for the market to chew on so maybe in the minor disappointment market but I don't think everybody is sitting on the edge of their seat waiting for some. Definitive answer about what they're gonna do. Stock futures advancing this morning pointing to a higher open. About five minutes to digest consumer sentiment data which comes out at 9:55 this morning. That is if -- even interested in anything other than what Bernanke has to say attend. Economists expect a reading of 73 point six -- Japanese electronics maker sharp got a blunt appraisal from Standard and -- when the rating agency downgraded the company's debt to junk. The downgrade was fueled by uncertainty around sharks expected deal with Taiwan's hon Hai which was to close this week. But hot -- chairman suddenly left Japan rousing investor concerns that all was not well. Shares down nearly 13% today their sharpest decline in almost a month. An -- for some stocks to watch in what seems like a battle between the east and the west. A Tokyo court ruled that Samsung's devices did not violate Apple's patents. Only a week ago a California court rewarded Big Apple in a similar patent case. Samsung's. One point 5% in the premarket. Also on our radar this morning JPMorgan. That bank backing away from some risky business. JPMorgan a major clearing house for other financial firms plan to cut back some services to clients and -- others according to the Wall Street Journal. That is your boarding call for Friday follow us on Twitter at Reuters Insider for the latest news and updates from Jackson Hole. And check out our YouTube channel at Reuters dot com slash Reuters TV. I'm Lisa Bernhard this is writers.