Investors reassessing the taste and direction of the federal reserve. The governor said week policy might force them to alter plans. Shares jeff bezos, topping 1000, a sign of the growing power of ecommerce. , letsg news, china pmi get straight to chart, 8228. What we have had is a slight fall back in manufacturing, the number above 50 indicating expansion, below, contraction. 51. 2, slightly better than had been expected. That does not tell the whole story, does it . Thats right. It is slightly better than expected. That wee suggestions are past the peak when it comes to this china growth story over the past 612 months. The other part is how Small Companies and china are doing, 8223, the Small Company index suggesting an improvement for the First Time Since mid2014. We will get a better cage when we get the unofficial pmi tomorrow. They tend to track these smes. The official numbers looking at figure stateowned companies. Steve. i am with he has been pouring through the numbers. How d
The u. S. President demanding tighter controls on immigration. 20,000 for the dow. The global rally inequities. A reflection trade back on at the moment. Dollars weaker. Lets look at what is coming on with singapore and malaysia coming online. Global rally not losing steam in asia. We have the likes of materials and consumer stocks leading that gain. The benchmark trading at the highest since september and bonds and gold study after the overnight selloff. We are seeing fluctuations in the yen, but that is not de nting the nikkei 225. The kospi up over 6 . Taking a look at what is moving on the index. Real quick. We have the likes of kospi. Gains on the we have singapore stocks up. This morning, we did get home price data showing that private property prices fell half percent on a quarterly basis in analystsh quarter, but are seeing prices making after comeback after all threeyear losing streak. Now, taking a look at some equity movers today. We have gasquet heinig in focus. News coming
Risks. Xi jinping isdent firmly in control, the message. Haidi a rate rise seems all but week, janet yellen warning danger if the fed acts too late. Risk aversion in this first trading session in asia. 30 minutes away from the open in china and hong kong. Looking at how those markets are digesting policy announcements from the npc. Rishaad the first time asia has had a chance to react to what janet yellen is saying. Sophie kamaruddin is having a look at the movers. Sophie quite a bit today. Korean stocks, the rosalind the kospi falling, Consumer Services falling over 1. 6 . A number of players falling today. Rising upperks are 1 . The kospi is asias worstperforming index and asia this year, falling nearly 5 . Hanjin we do havehanjin shipping on the decline over 21 . Hanjin shippings u. S. Creditors sellin given the nod to stateside containers. The judge overseeing the hearing rejected hanjins claim that it still had equity in the containers. In tokyo, the nikkei 225 slipping as the yen
New fears of a bubble. Haidi beijing and washington prepare for top level talks over tensions and trade in north korea. Rishaad the secretary of the state turning up the heat on pyongyang, saying the gears of patients are over. Lets look at the markets, no trading in tokyo. , some data coming through, reaction to house price numbers out of china. Also the followthrough on this trip by secretary of state Rex Tillerson. That a lot to impact from tillerson visit. , currencies seems to be off the agenda and that g20 communicate. Forwonder what that means that fear of a currency war between the u. S. And china. We are 30 minutes away from the we are 30 minutes away from the open end the mainland and in hong kong. Sophie we do have new zealand stocks leading the drop, voice for the biggest fall since november, down 1. 2 . Aussie shares are snapping a four day advance. The yeartodate rally is a repricing for an oldschool economic recovery led by shipments to the u. S. Take a look at currencie
First time since jay y. Lees arrest. Questions about the corporate structure. We have coverage in sydney with of the latest on the li keqiang trade mission. We will discuss malaysias crackdown on currency fixing. And from tokyo, an update on toshibas ongoing battle. And from new york, all the market action. And the word from a host of the fed the speakers. And on the day of the samsung agm, we will lifted the lid on the unique culture of the electronics a giant. This is daybreak asia coming live from bloomberg, u. S. And asian headquarters. I am betty liu in new york, it is just after 7 00 p. M. After 7 00s just a. M. In hong kong. I am shery ahn. It is not over. So much coming out, janet yellen and others. It was a factor. Not to mention, the chinese premiers visit in australia. Betty that is right. More clarity on what he meant by taking trade to the next level. What are we talking about . Clarity is really what we need when it comes to that meeting. But also clarity about where we a