Prices,ngs, equity asset prices and risktaking. It is not without its consequences. You have to think about what the cost of building has become. Have soared, adding thousands of dollars to the price of any new home. Tech valuations, volatility. Joe, these record low borrowing costs mean you can also lever up. A. T is why we are seeing m seeing know why we are these pictures when we are talking about market exuberance. Extraordinary morning. We were on our news call and news kept breaking. When we were discussing things. Nvidia buying the semiconductor from softbank. Oracle in some kind of deal for tiktok, it appears. Gilead buying immunomedics. Animal spirits that helps fuel the market on a day like today. Romaine other big biotech deals. Gnc looking like it might have found a deal. If you look at the performance, and that market cap jumping on the day. Oracle, a lot of enthusiasm. Verizon, it kind of makes sense. We had one of the executives on and he kind of made a case to why this
And it dropped to the lowest evel since june, 2012. Down 3. 7 , also seeing weakness in jakarta, malaysia, and thailand that has just come online. Japan at a lunch break at the moment. Down by 1. 1 , the nikkei 225. 168 out of the 225 stocks lifted on the nikkei. We are seeing good gains though coming through in australia th the s p 500 ask 200 up by 0. 8 . A slight pickup in new zealand. Were really watching currency markets. There has been the fillet to the safe haven yen. The malaysian currency has fallen again today with a big slump coming through currently holding a fourth spot 3975 against the green back and also under pressure as well. Pretty flat at the moment holding the 26 spot. You can see the big slumps that came through earlier in the days trade. So, a lot going on for investors but of course those markets in hong kong, tywan, and korea also closed today. Thank you. The China Exchange rate sent shock waves through the markets but there wont be many with doubts over whether
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