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Transcripts For BLOOMBERG Bloomberg Markets Middle East 20170418

Strong and his secretary disagrees. Oil slows its decline ahead a day of forecast. They are falling for a second week. Yousef it is 7 00 a. M. In easton pull istanbul. Shery i am in hong kong it has just gone midday. A little bit of a rainy picture when it comes to the markets as well. We did get positive sentiment out of wall street. That is faltering in asian trading. We are seeing the japanese yen falling back most of its losses. It was reported by treasury secretary mnuchin saying that a strong dollar is good in the longterm. That is not holding. The yen at 108 spot 93. On the dollar, 75 56. We got rba minutes, which are focused on a week aussie job market and a strong Housing Market Housing Market. You are seeing rand continuing to decline falling for two consecutive sessions. Composite isnghai also extending its biggest loss in four months. It is below now a 50 day moving average. That is something to keep an eye on. China home prices will be rising in more cities since october.

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