Potatoes. This is Bloomberg Markets asia. Haidi small potatoes. Investors have been caught on the wrong side of the bed. A blogger saying it is like a horror movie that you just have to keep watching even though you know exactly what will happen. Lets look at the steepening declines when it comes to japanese equities. Korea taking the brunt of the selling. We are seeing selling across the board. The nikkei 225 down 0. 7 . Lower. Ix 4. 4 the s p as you said, entering true correction territory. David we are very close to that level here in the asiapacific. We put everything together on the msci asianpacific. Take a look at my chart, g btv 6180. The red line at the bottom is the threshold. We are getting very close to that. My gut is, once we get hong kong up and running, that will give more fuel to the downside. That. Happens in about 30 minutes that happens in about 30 minutes. We have taiwan, singapore, asia. Markets mays like be suffering from motion sickness, given the turbulence acr
The economy is maintaining last years momentum. Let us have a look at what is going on with regard to the moon out there. We have records for mood out there. The dows climbing. Its always we have so far for the asian equity sessions. Sessions. 225 of 0. 1 . We are showing a contraction there. That came days after the bank of korea itself raised growth forecasts looking at 2018. Overall, the dollars strength is climbing a little bit compared to its japanese counterpart. It is waiting into the unusual theic discussion, saying strong dollar is favored after endorseduchin an a weaker dollar. That prevented a fallback. Let us have a look at what this chart says. We have industrial profits coming out. The chinese economy is a tale of two sectors. The diversions between large and Small Companies is deepening. We have the pmis for the Large Companies in indigo. You can see how they have been expanding under the contraction for small ones, and that is reflected in the stock prices. Blue,e the c
Good morning a very warm welcome to Worldwide Exchange on cnbc im wilfred frost live in london this morning lets get straight to the market picture this morning futures pointing lower, quite significantly as welcoming off that fantastic rebound last week the dow was up 4. 25 it sits at 5 away from that late january alltime high last week was an impressive rebound following those turbulent weeks we had seen before that. The s p similar amount up last week, a similar amount away from the all time high. The nasdaq was an outperformer, up just over 5 . Its now 3 away from its alltime high. U. S. Markets were closed yesterday, while we saw a bit of a decline elsewhere around the world. Today playing a bit of catchup to the down side following yesterdays declines if places like europe and asia, but also perturbed by the higher yields were seeing so were down about 165 points on the dow the s p down 17. The nasdaq down 40 points. The tenyear treasury note, yields picked up on friday following
Finish the month on the european stoxx 600 by 1. 7 , the strongest monthly performance since september october, excuse me. The stock that has brought the for european benchmarks, one notable one, the , a negative in january primarily because of sterling strengthening performance against the dollar, rising 4 . Down on the benchmarks. Today. Currencies rising against the dollar, the major peers of the dollar has risen over the month. Bond deals, commodities, and the in full season is swing. Growth in Factory Automation and other areas upsetting a continuing slump in its power the chief executive of siemens try to navigate changes at the Global Energy market and orders for large gas turbines, its flagship product to drop significant. Thecompany surged 14 in Third Quarter with positive results from rail, wind turbine, and digital factory units were surprising, according to an analyst. H m, look a look at at the drop, big today, down 10 . The level of the share price is the lowest in 10 yea
Francine welcome to bloomberg surveillance, and im Francine Lacqua in madrid, where i have been speaking to ana botin. Mark barton is in london. Mark good morning. We have seen a big drop in the last couple days for global stocks. The msci all country world index, the biggest two day drop through yesterday since september 2, 2016. Check out the stoxx 600, up for the first day of three. Strongest months in september. The start of the year, gains for every european benchmark with one notable exception. The ftse 100 heading for a drop in january, weighed down by sterling. The euro is up by 1 3 of 1 , gaining by a second day. Highest on a closing basis. Extent headline inflation to slow. Core inflation to pick up. The german tenyear yield is down five basis points, 60 basis points dropping for a second day after rising to a 28 months high on monday, when it rose to 69 basis points. Ande oil is down to 64an change. The euphoria giving way to some concern that u. S. Stockpiles will rebound a