Cathay pacific. David qualcomm prepares to fend off the 100 you and dollar takeover bid, arguing the 100 billion takeover bid, arguing it undervalues the company. Yousef high and yousef gamal eldin. I am yousef gamal eldin. David a big weekend for you. Set the scene. What are we watching . You can feel this country is holding its breath. We also had a Ballistic Missile intercepted from yemen, a country looking for a crown prince who keeps surprising. Sweep, key political and business figures, including the 50th richest man in the world, alwaleed bin talal. 22 judge us. Plenty to digest. David have a look at markets. The oil story is part of this. Hey quick look across assets. The regional benchmark, the twoyear yield is what we are watching, 1. 61 . This is due to dovish remarks out of the boj. Your january contract on brent crude. Have a look at my bloomberg chart. The oil curve and what it signals about where we go from here. This is a measure of supply tightness. Unless have pointed
But with media stocks in a free fall, will the force be enough to save disney when it reports earnings next week . Well tell you how to cash in. The action begins right now. Lets get right to it. While stocks are at alltime highs, commodities are getting crushed. Crude, copper, gold, silver, all falling hard this week. What is it saying about the health of the global economy, what does it mean for the markets . In the money, dan . It is something that stuck out the last couple of weeks as the markets have really dated here near the previous alltime highs made on march 1st. To me one of the things thats interesting about this commodity move is also the weakness in the dollar that weve had over the same time period. All of a sudden now were seeing weakness in china, china equity markets. Weakness in commodities. A dollar thats not rallying. Rates that are stuck, not really signaling anything. Theyre not signaling the same things that the stock market is about to make a new alltime high.
It is just past 8 00 a. M. In hong kong and just after 7 00 p. M. In new york. What an hour we just had. The ruling that came out from the Appeals Court essentially olding this ban on this upholding essentially the decision not to enforce this travel ban that was issued by the white house. Of course we saw donald trump on his twitter saying he is going to take this all the way up to the Supreme Court. We were waiting for it. It just took mere minutes after the decision. Quite a setback here for the Trump Administration looks like this will be a lengthy legal battle. Looking a horse looking ahead meeting. Ump, abe dollaryen dominating the market. Hope is that President Trump is in a good mood when he eat when he meets. You news because folks will understand it. Im wondering if it will be as lengthy as we thought. Dollaryen, 113. 50. Gold is cheaper as well. 17 lower compared to this time yesterday. Not much of a reaction when you look at currency markets overall. Dollar index Still Hold
As money piles into the emerging markets phase, they have to take a position in . 10 if you want to mirror the market. It is the 11th Biggest Company top 10,orld outside the all of which are listed in the u. S. Earnings are coming out tomorrow out of tencent, so pushing higher. This is a normalized chart. You know things are good in the emerging market space when malaysia gets inflows. The biggestd for net inflow into malaysia as things stand going back to august last year. These are your inflows year to date, 3. 7 billion so far. How does that look longerterm, and the reason i bring malaysia is that it has been a laggard. The index has not gone anywhere. We will be talking about the story and whether or not we will continue to see a leg up. See moneyarted to come back in, so lots of to talk about this hour. South koreas former leader has begun hours of questioning. She apologized to the nation when she arrived at the Prosecutors Office in seoul and said she would answer the questions.
As money piles into the emerging markets phase, they have to take a position in . 10 if you want to mirror the market. It is the 11th Biggest Company top 10,orld outside the all of which are listed in the u. S. Earnings are coming out tomorrow out of tencent, so pushing higher. This is a normalized chart. You know things are good in the emerging market space when malaysia gets inflows. The biggestd for net inflow into malaysia as things stand going back to august last year. These are your inflows year to date, 3. 7 billion so far. How does that look longerterm, and the reason i bring malaysia is that it has been a laggard. The index has not gone anywhere. We will be talking about the story and whether or not we will continue to see a leg up. See moneyarted to come back in, so lots of to talk about this hour. South koreas former leader has begun hours of questioning. She apologized to the nation when she arrived at the Prosecutors Office in seoul and said she would answer the questions.