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Detailed text transcripts for TV channel - CNN - 20110121:09:03:00

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andrew. business climate index due to be released any moment so the markets watching that as well. different picture in asia. >> yeah it is actually, max, it's interesting the shanghai effect still very much alive and well concerns about the strong growth we saw out of china. those numbers yesterday coupled with rising inflation. rattling investors. take a look at the numbers where they close, the weak investors more aware -- i'm not quite sure why we're looking at the u.s. markets, try to get to the asia ones if we can, but it's still about interest rate worries in asia. shanghai rather oddly was the only one to post gains, as you see there, up by nearly 1.5%. don't get too excited about that, though. a bit a bargain hunting going on over there and turnover was very low. a lost cautious in the market and generally the next move in interest rate. and if fact the chinese security generals one of the state-owned newspapers said in a commentary today that there could be a rate increase as early as the lunar

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