Keeping an eye on some of these gaming stocks when the session comes alive and a half hour. The situation when it comes to massmarket vs vip. Turquoise is the color for the mass gaining market. To itsprofits surge highest before a chinese ernment correction government corruption crackdown. Two years before restrictions sent profits tumbling. A sign that the industry could be singing these records again next year, before hitting a new peak in 2019. Expected policy changes out of beijing could be the major headwind. Revenues could rise 14 next year, according to our survey. The ip gamers expected vip g expected to be the key driver. We will have a look at holdings when the session gets underway. Haidi just in time for the holidays. Going into Chinese New Year as well. It is interesting, that breakdown. They are expecting a expected ty pickup in the vip and also massmarket. It is an interesting session, a subdued session when it comes to equity leads, getting closer and closer to the chri
Also traction in the nikkei and topix today. Playerseeing energy showing signs of weakness, crew tracking at a twoweek low, so weakness coming through from or oil players. From stockstch out that have been doing well as of in particular. Some of the movers we are keeping an ion, samsung has hit a record high, up 4 . We have been speaking about the stock, finally investors have turned positive about pressure for change. You are seeing weakness from some of the korean cosmetic players. They rallied strongly during yesterdays session. Cosmax and others have been upgraded to buy. Metals, sliding from a twoyear high, perceptions in the market that supply is still ample. Iron oree saying should be near 50 a ton. Higher for an fourth session, up. 2 due to dollar weakness. If we look at the offshore renminbi, up. 2 . Fixpboc increasing its yuan slightly from yesterdays fix. Haidi thank you for that. To a twoweekose low, some fluctuations in the session. Cessio refuses to lower production despi
We are checking markets in the asiapacific. Stocks gaining a 10th of 1 . New Zealand Dollar continues to strengthen on the weaker u. S. Dollar. Counting down to openings. Futures and sydney pointing to a lower open, but flat on the session. , but wee how it goes did see a selloff in australia on friday. Onck out that aussie dollar the back of u. S. Dollar weakness. When we talk about strength, lets take a look at japan. This is the level right now. At the 18 month high, and worrying exporters and the boj. Futures in chicago pointing to a higher open as oil climbs as well. Yen, searching last week to the highest level since 2014. This is a rally that has confounded most currency strategist. Were taking a look into this. Theres one to you that says we should be looking at the yen through the prism of the bond market. , traders,estors everyone scrambling to explain this meteor ascent for the japanese currency. Through at make sense lot of metrics. Theres no indications that abenomics is t
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