Through. The 10 year yield in japan did move above the 0 level for the First Time Since march. Copper is on a good run, for a fourth session. Above the 200 day moving average. We will talk about iron ore a little later. 90 per barrel, for a metal that cost why dollars to dig out of the ground, this is looking overvalued. Rishaad the Indian Trading nifty session on monday ekeing out the smallest gain, 0. 1 . Do we see more movement to the upside . The rally has ground to a halt. There were big names driving the benchmark to the upside. Futures contract at the moment, a flat start, slightly under pressure. The rupee continuing to strengthen on the back of the surprise decision not to ease policy last week. We have seen the currency appreciate since. Bond yields continue to lurch lower, pushing up yields. We are still factoring in more rate cuts. 10 year lets join su keenan in new york. She has the first word news. We start with the rba governor was saying he is surprised australias wheat
Bullish. Ty the kiwi also in focus today. Saying theng through belowill avoid it dipping . 60. Trading indian futures and showing a move to the downside. Reflected in the session on friday when we saw a move to the downside again. The rupee holding on to some of the strength that we have seen and that is down to the decision, the surprise decision not to do anything about Interest Rates. There, 6. 6 . Ing up one rate cut had been factored in and it did not transpire. Let us find out what is news. Ing first word su the latest on japanese gdp. Japan moved faster than expected. Ratedl investment was higher. 1. 8 in september. Much quicker than the initial reading of 0. 2 . And three times as much as what the commoners were expecting. Continued strength in business investment. Downplayingt is recent missile tests in north korea saying the north Korean Leader is too smart and has too much to lose if he acts in a hostile manner towards the u. S. The envoy said talks on denuclearization are o
Saudi government. They get 20 times the credit limit. Alibaba shatters sales records in singles day. 38. 3 billion. Juliette plus the top interviews featuring bankers and central bankers from around the globe. I am seeing that it has bottomed out. I see the level as appropriate for the economy we have. Negative rates are something which hurt the economy. The Important Message for the market is these Interest Rates are low for a prolonged period. Juliette it is straight ahead on bloomberg best. Juliette hello and welcome. I am juliette saly. This is bloomberg best. Your review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The last 22 weekends have seen protests in the streets of hong kong with monday usually being a day to recover. This monday, unrest spilled over into the work week. Stocks in hong kong fell the most since late august as protests escalated after police sho
Saudi government. Juliette Goldman Sachs and apple in a credit controversy. He got 20 times the credit limit. Juliette alibaba shatters sales records on the annual singles day. 38. 3 billion. Juliette plus the top interviews featuring bankers and central bankers from around the globe. The slowdown is a concern. I am seeing that it has bottomed out. I see the level of the policy rate as appropriate for the economy we have. Negative rates are something which hurt the economy. The Important Message for the market is these Interest Rates are low for a prolonged period. Juliette it is all straight ahead on bloomberg best. Juliette hello and welcome. I am juliette saly. This is bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The last 22 weekends have seen mass protests and sometimes violent clashes in the streets of hong kong with monday usually
The hang seng at the moment. The two thirds of 1 . Lets look at what is going on with the nikkei. Market, we are seeing a move to the upside. A case of bad news and good news. Indicating they could institute Interest Rate cuts. Lets get to the other asset classes. This is where we find ourselves at the moment. It must have been quite a meeting between the fed chair powell and his boss, the president. It must have been. A yield to that has barely been budged in. We have been seeing them lurch higher. More uncertainty in the haven buying. Pence against the euro. That is sterling moving to six month highs against its european counterpart as the threat of a hard brexit recedes. Aussie dollar moving to the downside. Just under . 68 u. S. Where it istuation to the downside potentially. Theyof many are saying would not be surprised to see a 66 handle in the nottoodistant future. Then we have the Violence Center stage in hong kong. It is continuing. That continues to be our top story right now