The overnight. I understand the big move. Here you go. The chinese leaders will do more to boost growth. It makes policy more forceful. Latere a Rate Decision and they expect the increase after a survey from bloomberg. Members took board meetings before the policy decisions. Backials scaled engagements. Year andre up next they said the demand for housing stays strong in the economy. Rocket has gone to orbit. It intoo rocket guided an old missile range. For more on these stories, go to bloomberg. Chinese leaders will do more. There is more stimulus. The chief economics correspondent joins us now. How significant is the announcement . Is significant and we do not know what the growth target is. Thate meantime, we know they have to do more to keep the edge. Particular, we see a shift supplies and it is significant. We are not reading much into thes comments. Important and the official commentary is about easing up and freeing up the tax code to shake up the enterprise sector. It is the gl
Manus you are welcome to countdown. Anna welcome to the program. Weve got to talk about what we have seen coming out of japan this morning. A real surprise. Let us show you what happened to the dollaryen as a result. Economistst of 42 expected any expansion of stiff a stimulus and none of them godicted that rates would negative. That underlines how surprising this was. The yen instantly weakened. General kuroda really kicking the yen back down. . Ill it last canmuch of an effect quantitative easing continue to happen on market psychology . A chart showing the diminishing effect of the general kuroda surprise. We will also hear from him in. Close davos. The equity side of the story is this. We dropped 1. 7 . Youre still looking at an overall loss for the month. Up 9 . Tate is rocking, securities and commodity futures are ramping higher as well. The bottom is the bank banks. 330 Companies Reported on the topics today. They are mixing their profitability targets. Commonwealth bank of aust
On the high side when it comes to bonds. How many . Were in the record zone at the moment. For germany, the dutch and french. Were seeing record low yields. Keep an territory eye on the debt market. Money going into bonds as we saw yields in japan died lower dive lower. Up we go. We see the yen fog. The dollar higher, the yen lower. As i said, oil trading got much higher today. That is on the back as the talks from opec in russia. Could they come together . 2. 2 . Seeing brent up lets check in with those movers this morning. Weve got results and changes at the top. Up. A samara sky, 1. 5 . More as rupert were going to wait for the message to open. Gamesa to open. Back to you. Guy thank you very much. Let me get to this chart. This chart here absolutely spiking. Zooming ahead. Consensus is what bernstein said this morning. Leading the stoxx 600 now. Lets find out what is been going on in terms of asian trading. Shery ahn is standing by. Give us the full impact of what the boj did early