The hang seng was down more than 200 points. Talked about the violence that erupted overnight. We will talk about that later on. Strongerr seems to be on the back of asia fx currencies, like the south korean won. We saw the export and import numbers from south korea for the first 20 days not looking pretty. Chip exports plummeted 30 . Royal watching rick rude brent crude. Political tensions between the u. K. And iran. The latest on the strait of hormuz. We are seeing a mixed decision see yieldskets higher. Some of the boards will show you what we are watching out of china. All of the love has been in shanghai. The less rest of china is overlooked. Csi down 4 10 of 1 . Shanghai shares of lowered by close to 1 . Shenzhen and the chinx, i the liquidity is getting sucked out. , the liquidity is getting sucked out. Unofficially, what we have done at bloomberg is put together our own it inhouse custom index. It is based in market cap. Overall, we are up about 75 today. You do see why that is
The greece story would play out. We did see a significant head line in the index in the month of june coming in at 1. 074. Coming in at 1. 08 against expectation. Were looking at highs of 1. 11 against the u. S. Dollar. Lets get reaction from bill oneal from ubs Wealth Management. From the headline number bill this number looks pretty good . Yeah i think its provide something reassurance that a multidollar recovery is still under way in europe. I think the weakness of the euro posed the greek settlement that played a role here. Clearly that to be reflected in green coming through the market for the midyear as well. But i think its important that the market was to have some nasty surprises after some pmi number, purchase managing numbers, of course that did disappoint. We should point out that the ifo has said their june expectations has been revised up to 0. 121. Its also a twoweek i after the ifo. I guess the question is what does it mean for the exporters out there who have been bene
Against russians deployed in the area. By consensus, the United Nations Security Council today formally nominated Antonio Guterres to be the next secretarygeneral. He spent 10 years as u. N. High commissioner for refugees he said he wants to serve the most vulnerable. The victims of conflict and terrorism, the victims of the violation of rights, the victims of poverty and injustices. The 193member General Assembly is expected to approve his nomination next week. Global news 24 hours a day powered by more than 2600 journalists and analysts around the world. Bloomberg technology is next. Emily im emily chang, this is bloomberg technology. Social media star snapchat may be getting ready for the Public Market. We will bring you up to speed on what we know. Plus, does anyone want to buy twitter . Shares fall 20 on news that prospects for a deal are falling apart. And a rare interview with the founder and ceo of chinas didi, how he won a care for and took over uber in asias biggest market. B
Recently, Xinhua News Agency, China Council for Brand Development and other authorities jointly released the 2024 China Brand Value Evaluation Information. China Oilfield Services.
By Kimberley Kao Oil stocks in Asia rose Friday after reports of an Israeli missile strike on Iran sent oil prices higher, helping energy companies buck broad selloffs that hit markets across.