Support for limited gunshots in the wake of the Florida School massacre. Ramy good morning to you and to all watching around the world. Markets, close because of the president s day holiday. Not much moving except the dixie. It has been moving slightly to the upside. Lot of investors have been expecting this to fall farther down. The last time it hit that mark was three years ago. To ask be looking ahead some forex analysts what they expect in terms of that trend looking ahead. The interester rate differentials matter when it comes to the dollar. Really thin volumes. Liquidity in shortage given u. S. Markets are closed. We are seeing some markets come back after the Chinese New Year holiday. Hong kong still and holiday mode. We are seeing new zealand stocks flat, currency as well. Big earnings day for australia. We are looking ahead to the hp earnings. Bhp. To the earnings season not too shabby so far. The aussie he much trading water ahead of rba minutes this morning. The aussie 10 ye
Misleading the investigation. Were live in washington. Yvonne, good morning and good morning to all our viewers across asia pacific. Markets. Ng a look at last night, i was writing to myself, we made 66 in terms of u. S. Markets. To it seven . Hop on the board because we didnt. S p down sixths of one percent. That w down 1 , we saw huge u. S. Treasury yield, a lot of folks going into that. Billion there. Hop into the bloomberg terminal. Want to show you whats happening in terms of yields. We can see that these lines twoyear te for the treasury yield, blue, fiveyear treasury yield and yellow for sevenyear treasury yield all hitting highs not seen since five and 011 for the seven and not since 2008, as i said in the intro, in terms of yield. Year so were seeing some decent demand as weve been reporting t, but, you know with these rising yields people are higher can wemuch go. We get used to these kinds of things. Off 258 billion worth of those government bonds of days or couple certainly
Left in asias once a dominant commodities trade off. Kong markets are getting set to come back online after the Lunar New Year long weekend. Chinese markets are still away until thursday. We take a look at what is going on in the hong kong stock exchange. In terms of a handover, not much of one after that stellar performance by asia shares on a monday driven largely by Japanese Equities that had their second best day of the year. We saw a little bit of a failure to extend those gains in the european session. We are also seeing u. S. Futures trading down as well. Lets take a look at where we are moving in terms of markets. A big week when it comes to markets. It over to sophie for a look at how things are going. Ie as you pointed out, u. S. Futures are declining. Taiwan and a vietnam also closed for the extended holiday. The nikkei and topics snap a topix snap amb threeday climb. Seoul, and for decline. In kuala lumpur, stocks are sliding after a fiveday bend. We will see whether or not
China is now falling back on its major levers to stem their biggest decline since 1996. The shanghai comp positive dropped 7 overnight before policy moves took place. They came in after hours. The besthat some of minds have been saying about china. I tell people be cautious because i dont think china can come up that easily with a solution overnight. Complicated situation and Financial Markets is not the first thing on the radar screen. Thats why this market is trying to find its own level and its clearing at a much lower level than most people have expected. I think the market is very oversold. Over 1200 new lows, 12 month lows on the new york Stock Exchange. Usually, this occurs at the end of a bear market. This has occurred at the beginning. This is a signal that something is very wrong. Dont get excited, take a few days off, wait for the market to stabilize and then come in. Dont be afraid to buy when everyone else is selling. Dont do it in a rush, take your time. Julie hyman is wi
Nearly 3,000 coming just in the first 90 minutes. The blue chip index closing down more than 500 points for the second straight day and over the last three sessions the dow and s p are down nearly 9 and the nasdaq is off almost 10 yesterday alone 685 billion is lost among market cap in s p 500 companies. Thats 100 billion more than apples market cap. If they dont tell you enough about the volatility check out the vix. Moving above 50 intraday for the first time. Check out the front pages of some major newspapers around the world today. Youre looking at sort of a full list of whats going on in virtually everybody touches on the market above the fold. Like the bear there on the New York Post . Wild. And the guys a lot of times the photographer is waiting and he may have a scratch here on his eyebrow and looks like hes stressed. I think they pose for them now. They see the photographer coming and theyre like that and just do that look. They want to be in the paper. Come on. Have you notic