All right, this is a shock or block week. But thisa note that suggests that these markets are moving high. Becausehave good reason earnings have been so impressive so far, really big ones dominating the agenda this week. Ish, we are looking at crucial levels when it comes to stocks in hong kong. Rishaad absolutely, looking at what happened with these shares, these Chinese Companies trading in hong kong. We want to bring up gb tv 9440. Investors bid for these underperformers. This is a third of the companies on the hang seng. They are racking up fresh one year the biggest proportions says that 2014 stock bubble. We are seeing some of those cheap banks red hot. These fresh highs are being hit last week. That is what we had at the moment. H, in terms of the other things on the agenda, we have yellens swansong and watching what the fed does. We are just watching what happens as jay powell takes over. The pmi is expected to hold steady. Lets look at markets because we did have u. S. Stocks
Executive order targeting majority muslim countries discriminated on the basis of religion. Jeff sessions will testify publicly to the Senate Intelligence panel tomorrow. The attorney general will answer questions about his role in the firing of former f. B. I. Director james comey. Sessions requested a public event. Bloomberg will have live coverage of mr. Sessions testimony beginning tomorrow at 2 30 wall street time. This is bloomberg. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. This is bloomberg. Caroline i am caroline hyde. This is Bloomberg Technology from london. Coming up, the tech selloff goes global. Investors blaming the sectors biggest names. We will analyze every turn of the worst two days contact this in tech this year. Uber ousts its head of business. We have the inside track on the surprise exit. The mayor of london joins us at the launch of london tech week for a bloomberg exclusive. First
Is no plan b. Is daybreak asia coming to you live from bloombergs u. S. And asia headquarters. The week and asia was too short, missing you already. Bit of a jolt to wake up asia, but also centralbank decisions, heads speaking this week. Lets take a look at asia, slow going on this monday morning. X 50. On the nz austria, counting down to the open in sydney, seoul, korea, and tokyo. 43, so couldve be a boost for equities. Slightly higher when it comes tospi 500 futures. Spi 500 futures. We could be seeing equities , a 40 point loss at the open in tokyo, so still looking pretty quiet. Today. Markets closed singapore,in malaysia, indonesia, philippines, and india. Thats right. Looks in thesia early going. We continue to watch headlines ,oming out about takata deciding to file for bankruptcy today in a tokyo district court. Far, no comments from the company, but we will be watching more detailsy and on this bankruptcy. Lets get to first word news. Haslinda south korea has joined nations b
Called recall. Shares remained suspended in tokyo. A change at nestle, dan loeb once more urgency as its fund builds up its stake in the global food giant. Bailout, mored imf loans as mongolia begins to vote for a new president. Thing whichther dominated the trading week, oil falling into a bear market, falling from the peak in february, down 20 . I want to bring this chart up, 355 i was going to bring it up, but we will not. It shows the oil price and its relationship with gold, should be a bit cautious out there. We will discuss that in the course of the program. Lets get over to shery ahn. We should be seeing markets in malaysia and singapore open, but they are on holidays with india, indonesia, and philippines. This session looks positive, the regional benchmark gaining with australia leading gains. Do keep an eye on commodities. We are hearing competition over rios coal assets intensifies, it could be upping its bid to match glencore. When it comes to commodities, keep an eye on c
Economy is weak and vulnerable. Angie welcome to Bloomberg Markets middle east. We are seeing yen weakness drive the market, but it was the janet yellen comments that impacted not only u. S. Markets, but we are seeing that in asian stocks today. That is what is playing out here in asia, what is playing out in your neck of the woods . Yousef we are keeping a close eye on what is happening in audi rate yet as they prepare for the First International bond sale. What caught my attention this morning is what is happening with of the liquidity situation in the kingdom. Take a look at this chart. Youre looking at a three month side for. This is how much they charge each other for lending. We also added the type or and ibor and inner sa bank rates. Theyve already invested an estimated 5. 3 billion. Your sing deposit ratios up to 90. 8 does 90. 8 since august. How much more does the countrys central bank need to do to relax some of those nerves . That is what we will be looking at throughout th