Rate declining. Japan lifts its emergency measures in tokyo, saying theres no need for further restrictions. Scott morrison addresses the pandemic file that later. He is being told he has a once in a generation chance to reform the australian economy. Consider. S to as we get underway this Tuesday Morning in the asiapacific, keep in mind lots of markets were closed monday including the u. S. The futures, to use that is any guide, we can almost say we are in the asiapacific. We are getting this coming online. Up 30 points clear of where you last traded on the s p back on friday, in terms of the cash market. Spy futures indicating a big pop. On top of the best day on monday. Highs. March 111 philip the board and take a look at the currency markets with ecb in focus and perhaps we are getting signals and some comments from key policymakers, we could get more stimulus, probably on the way. I will be generous. The record low. The aussie offshore rate back in september. There we go in terms
By 2015 nuclear deal after the killing of its top general. President trump threatens disproportionate u. S. Retaliation should tehran take military action. Aboveextends its search 70 a barrel after the u. S. State Department Warns of missile attacks near military bases and Energy Facilities. Plus, riskoff rules as global stocks trade to the downside, gold searches to the highest level in more than six years. As i said, just under one hour away not from the start of cash equity trading in europe. Futureske a look at this morning after the first couple of days of the year traded in different directions. We are now headed firmly down in terms of sentiment. Clearly, over the weekend, after the attack that we reported on friday, you can see cac and dax. 75 . S down take a look at u. S. Futures. You also see losses there, about three or 4 10 of 1 . To a veryinting riskoff open. What do you see on the gmm . Anna the gmm giving us the same riskoff picture. As you point out, we see futures sugg
Welcome to daybreak asia, im haidi lun. Kathleen im Kathleen Hays at bloombergs Global Headquarters in new york. We are on the verge of Bitcoin Futures starting to trade. The cme group in chicago, a much bigger stage then the cboe, were trading started one week ago where trading started one week ago. Its a next big step for this bitcoin market, the bitcoin world. Haidi derivative contracts that started trading last week seen a opposed, this is certainly massive milestone in terms of the volumes we are expected to see. Volume, ag 55 times bigger stage for Bitcoin Trading in terms of mainstream and institutional investors. Optimism over the tax fall bill, can we get this time tax hall bill President Trump has been wanting. It is driving sentiment in asia ahead of the opens. Take a look at how trading in new zealand is faring. We are seeing downside when it x50. To that and we are at a session low, down about 2 10 of 1 . A monumental week last week, trading at 6997, one jump over 2 in abo
Mark vassella. This is Bloomberg Markets asia. Ishaad that rally continuing we have treasuries and focus. Goldman sachs making the call about what could happen if. Ields go up to 4. 5 looking unlikely at the moment. But who knows. Jay powell, two testimonies on capitol hill. Highly cognizant of global markets. He would be aware of the significance and scrutiny over these separate days of testimony. Up fory report, setting janet yellen 2. 0. He will be want to be treading carefully given the web saw sessions we have had over the past few weeks. Over withtrong hand yesterday pushing its 50day price action on the friday session. Where watching the opening in hong kong. Got a barrage of japanese numbers coming out this week. How are we tracking so far . Sophie we have stocks across the board gaining ground at the tie ask the taiex. We are looking for yellen 2. 0 from jay powell. Hovering around 1. 07 against that backdrop. We have stocks in tokyo led higher by electronics, telcos seeing th
It is just fast 8 00 a. M. This is daybreak australia. After 6 00 p. M. On sunday evening in new york. We will look at how the action on wall street will play into the trading day. A reminder for our viewers in asia how the jobs report came in economists estimated. All parts of the economy are doing better on the jobs front, including areas that economists thought were left behind. They seem to be coming back. That is why you saw markets higher on friday. You can see closing out the week, the tao of 66 points, s p higher by. 2 . Very key earnings to watch out for. It is not earnings i want to look at. Lets hop into my bloomberg. We are looking at the dollar, which has been on a percentage decline. A lot say that expectations for a rate hike are fading. Look at this click pop in the dollar. Many wonder if this is based on the Economic Data or finally a reversal of the long trend of or therer falling, have been a lot of dollar shorts collecting because of the decline in the dollar. We wi