It is also near levels that is signaling it is in overbought territory. Overall we started with the nikkei to 25 moving upside. It has now fallen below the hang seng. Talked about shanghai comp with regards to Inflation Numbers portending good news. Pork prices responsible for a lot of gains. Something to worry about. Excessive be down to inventory and overcapacity at the same time. Does not bode well. Not painting a rosy picture for the chinese economy. Lets have a look at what else is going on. The bond future. 10year trading outlook, 1. 94 . The 10 year yield unchanged, 1. 3 . 28,sterling slightly up, 1 partially down to moodys putting its negative outlook stamp on what they perceive there. Offshore you want just a fraction below seven. Lets see what else is going on here in hong kong. David as you are pointing out, stocks are under pressure. What has happened this morning, a couple things. Police confirming they shot two protesters during rushhour traffic this morning. Demonstrator
Alibaba. Single day after a scorching start as consumers around the world look for bargains. Kathleen lets get to u. S. Stocks and how they ended. You can see the gains on the board are not large. However, go straight to the middle line, thats the s p 500. Another alltime high. 3093. It was a week of dueling trade headlines as chinas Commerce Department and white house Economic Advisor said yes, a phase i deal will involve a phase in tariffs. Tech stocks gains as well. Anything that is good for a trade deal. Global growth certainly helps. Tech shares, the nasdaq closing at another alltime high. 8475. What is interesting is on saturday, President Trump went out of his way to say wait a minute, i have not said yet anything about tariffs. Im not going to get rid of all tariffs. He did not say he would phase in some tariffs reductions. I think he is trained to tell us the deal is not sealed. Im the final say on what is going to happen. We will see how the markets deal with that today. At t
But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
Its margaret this year with the voice of america. I just want to. A know when you expect your recommendations to be implemented, particularly ones, i mean, i understand Like Advisory Committee can meet. Okay, thats easy enough to do in the middle of the war, but the ones you make regarding staff, for instance, the training and things like this on neutrality. Im not sure how theyre supposed to be expected to do it at the moment when they have no homes, no internet, no electricity. I mean theres practical obstacles. So how soon do you see your recommendations being implemented . And israels been very clear and that it wants to dismantle unread. Do you think these reforms will change their opinion . Have you seen any indication from them when you were talking to them that if certain performs are implemented theyd be ok with on rep continuing. Thanks. I think ive just asked for that as part of your questions and that we shall see what the reaction is and where the actions are. On the 1st p
A cap on the numbers and poland backs controversial legislation making it a crime to suggest that poles were complicit in the holocaust the move has angered israel will get reaction from the sun in these untold center. Plus china closes more virtual tunnels under its notorious fire wall starting today people and companies will have to use state approved software will take a look at the consequences for doing business in china and a court it reverses lifetime bans for dozens of russian athletes accused of doping but it is still not clear whether those athletes can take part in next weeks winter olympics. Its good to have you. With us we begin in the United States where the f. B. I. Have condemned plans by the white house and House Republicans to release a secret memo to morrow of the memo alleges that the f. B. I. Abuse did surveillance powers when it investigated Donald Trumps president ial Election Campaign the agency contests the documents accuracy while democrats say its release cou