Theres quite a lot going on in the markets. Investors once again trying to adopt status quo as they are trying to figure out what happens next. It is a cautious tone at the end of a positive week for global stocks. Next week we have a major speech from donald trump. A lot of industry and Market Participants probably waiting to hear what comes next in terms of his reflationary measures. Tactically00 unchanged. I want to show you volatility. We are seeing a Little Movement when it comes to these yields. 12 54. 05. One of the stress tests when it comes to Political Risks in europe is the spread between the german and french 10year yield. Let me bring you to my bloomberg terminal. Weve been watching it all week. We are seeing a takeup for the spread as investors, after news that Marine Le Pens team met with top bankers, figuring out what her chances becoming president are, they dont want to get burnt on the markets. We will get back to these indices shortly. First lets get the bloomberg fi
New fears of a bubble. Haidi beijing and washington prepare for top level talks over tensions and trade in north korea. Rishaad the secretary of the state turning up the heat on pyongyang, saying the gears of patients are over. Lets look at the markets, no trading in tokyo. , some data coming through, reaction to house price numbers out of china. Also the followthrough on this trip by secretary of state Rex Tillerson. That a lot to impact from tillerson visit. , currencies seems to be off the agenda and that g20 communicate. Forwonder what that means that fear of a currency war between the u. S. And china. We are 30 minutes away from the we are 30 minutes away from the open end the mainland and in hong kong. Sophie we do have new zealand stocks leading the drop, voice for the biggest fall since november, down 1. 2 . Aussie shares are snapping a four day advance. The yeartodate rally is a repricing for an oldschool economic recovery led by shipments to the u. S. Take a look at currencie
Africa. The president orders his finance minister to quit and investor roadshow. Its 7 00 a. M. From kuwait city. It is 12 00 noon here in hong kong. We look at asian markets this tuesday. Very decent session. We are looking at a dollar flat. Makes. Ssentially im looking at the bigger picture. Have a look at my bloomberg chart. 7142 on your bloomberg. Pace, even if we do consolidate over the next two or three days, we are still on track for the best quarter for asian equity in the last seven years. If you take japan out of the a contest out of the equation. Nothing is going to stop us now. Take japan out of the equation. Nothing is going to stop us now. Yousef the impact it is having on the middle east and africa. The state of play in the last 24 hours, just under two hours away from the emirates markets. On the saudi. Me a lot of pressure on financial and utility specifically. They are dragging to buy down. That stock is still in focus. Properties offering some support for a blue dobb
It on the line for a bid for nationsf the finances. Well have more later on in the show. Im in dubai. David im in hong kong. Midweek session across equity markets. Very upside momentum. Recap what happened on wall street. Impressive rebound there. Is back from the 50 day moving average. Have a look at this, 1 gains in new zealand. Australia is close behind. 7 , a new record for that market as well. The ruby is on the way up. Across the commodity space in china, have a look at this third column, copper is on the way up. Steel is up. 26ve a look at this chart 72 hundred terminal. We are trading above 12. It has been the best three months for this index and chinese stocks in general going back to 2000 days. 2006. It is just two hours away from the opening of the emirates markets are 10 00 a. M. Local time. This is the state of play. Volumes quite light across the board. It is up up. 3 . Bear in mind we did see some notable weaknesses in property stocks. After losingped the bidding war wit
Task rebecca spilling into the valley but as we had through the Morning Hours your currency is on to clear out mostly sunny skies today and right now temperatures are on the chilly side youre going to need a jacket this morning but youre going to want to take it off later on today 53 in san rafael 55 and San Francisco 53 and open 55 for fairfield currently the lunchtime tim to see we are a little bit warmer if we will see some low seventies for a folk and 71 heyward also 71 for san jose a little bit chilly of course like normal for San Francisco expected 52 and not lose one to be pretty nice for Robin Winston no measure hot spots the ride around the bay area fairly quiet and a live look at the bay bridge ride into San Francisco is looking good lessons in manners for the average drive from the foot of the maze out to fremont street your drive times less than 10 minutes from the toll plaza out to 101. Robin winston know the problems past the toll plaza city streets also looking pretty go