Be an increase risk. Lets go to sydney, paul allen is there. What sort of risks are these leaders talking about . Canadas finance minister summed it up neatly. He said that the search for return in a low yield environment is prompting investors to seek higher risk investments. There is a rare if there is a reappraisal, there could be considerable losses. The finance ministers and governors to debate whether to include in their communique, a warning for investors to be vigilant about taking risks. In the end, they left it out. The factor that has been leaked lets them have it each way. That they are concerned that the easy monetary conditions to produce excessive risktaking. If there is a rest and having too much stimulus, there is also a risk in withdrawing it. We have seen that with the capital outflows from emerging markets. There are suggestions that the outflow is going to harm the g20, and others that it is promoting Economic Growth. What about that . That is something that the tr
Authorized to fly in this area. Nofly restrictions and they said it was not a designated war zone. It was a billing boeing 777 wide body. It was designed to bring down military aircraft, cruise missiles. Comments from the Ukrainian Ambassador to the u. N. Insurgentsd russian talking about a plane they shot down. Reaction was that they reported to moscow that they shot down a military airplane. Then when they got to ground, they made a second call informing them that it was a civil one. The Un Security Council meeting today at 10 00 a. M. Local time, an emergency meeting to discuss what is needed. There are blogs and tweets about this. I just heard what you have the investor saying there about rebels being in touch with moscow. We have also had tweets apparently in certain things were actually released on social media when they found out it was a passenger plane. Comments were removed. They were released by the prorussian insurgents. Thats overall the latest, if you like, on that. Then
The Hong Kong Exchange and the shanghai. Just about broken in the last hour. What have we got . What do we know . We know the starting day now is the member 17, so we are hoping, we are expecting it to the month. Day in this will, of course, allow for crossborder daily purchases, and the delayed to the shanghai stock index. We do not know why. Protests ated the some point, but we do not know what happened. We only hear that brokers have been working overtime to get this started. Now, with the start of this link, were going to see chinese investors trading in hong kong, using the system. Foreigners to directly buy more mainland shares. Key point. Foreigners will have unprecedented access to chinas 4. 2 trillion dollar equity market, and we are seeing a lot of excitement, yes, you guess just last week, we heard from the osaka exchange, telling us thisjapan wanted in in Hong Kong Shanghai stockinette, no specifics, just that they wanted to get in. We also have shenzhen. It is not just the
Asiapacific, we dont walls really and the rally on the street of dreams helping things along. I thought it was las vegas but a recap of wall street, the u. S. Markets closed today. Asia shipping shaping up well. We do have inflation data out of australia, a clear drop from november. The reason why you are seeing yields, very low. Japan has factory output an initial gauges aluminum stockpiles reaching a record. You look at the inventory. Up nine or 10 9 or 10 yearbyyear. Three stocks i want to mention, sharp. They lost stock price, taking us back to 2012. Full year, not good, they are expected to miss the forecast. Both of these stocks were raised. Bmv saying about komatsu a good time before their thirdquarter results. Which is the 28th of january. I want to wrap up what is happening in australia, you have a rally of 1. 2 . Macquarie with earnings up for financials as a whole. The week aussie dollar helping things weak aussie helping things. 10 or 20 10 or 20 improvement in profit. Goal
Japan. Also affecting a related Economic Indicator out this morning. March current accounts coming in a little bit narrow compared to what many had forecast. Second straight surplus in a row, coming in at 116. 4 billion yen. That is a little bit below the estimate of the economists we surveyed. This figure is savings minus investments. This is before the sales tax increase that we saw. It is an important indicator , ahlighting that the economy net lender to the world. Payments were higher in february and march due to the repatriation of payments before the fiscal year. That could be one reason to explain why you saw these two surpluses straight in a row. This is a time when japan is trying to figure out is there so or not formal is there scope or not for more easing . Perhaps there is, but not much. We do have these numbers out as earlier as well. Rding to one economist i would say most are probably saying that as long as we are above zero, that looks good. You do not want to get to th