Show. It is 8 00 across the emirates. This is Bloomberg Markets middle east. In hong kong. We have breaking news out of malaysia. Is growing by 5. 1 . It is a slight miss him estimates. It is surging the most in more than eight years. One ofse this is just the things in play right now across asia markets. Inflation expectations been felled across training. Lets take a look at the function right now. When you talk about reflation trade, although we are seeing gains across markets in asia, the reflation trade does seem to be faltering. That is being felt across markets. Youre seeing the index the hang seng index slumping for the most in months. Downs seeing the asx 200. 7 . The japanese markets have been undecided. Began is weakening. 2 . One important thing right now that we got from the japanese markets was that japans 10 year yields touching zero. This is the First Time Since november. That works into bank of japans plan to keep a 10 year yield at zero. Of course that is coming on the
Overnight in asia, the nikkei flat. Hang seng and shanghai were weaker. The shanghai down by 0. 8 . In europe this morning, some of the early trade, just 24 hours after that announcement from british Prime Minister theresa may about a new snatp election, things have turned around. Yau european markets in the green. The cac and dax up by 0. 3 . The tenyear yield in the United States fell to a low of 2. 165 on tuesday. That was the lowest level since november 10th. Well keep a close eye on that today. The tenyear yield now is sitting at 2. 209 . Well have much more of this coming up later this morning. Lets get you to some other big stories. In earnings news, ibm reported Quarterly Earnings that beat expectati expectations, but sales fell short of estimations. Revenue declined 3 from a year ago. That marks 20 consecutive quarters of revenue decline. They have long talked about those revenue being empty calories, but a big debate about that remains. Youre looking that the stock down 4. 5
All this occurred before i was henry kissinger. It is not a known fact. I visited salisbury several when i was in winchester. And so i have a great feeling for where ted heath lived. I thought what i could do here is to describe our interaction with ted heath when he was Prime Minister. What the issues were. That sometimes we agreed. And occasionally we did not agree. But we obviously respected him as one of the important figures of our time. And with a vision for europe that is historic. So when the tories won the 1970 election, Richard Nixon was so elated that he called me on the telephone nearly every hour to update me on the status of the returns. In terms of our hierarchy, of course, it should have been the other way. Part of nixons enthusiasm for heath was the comparability of their rises to office. Heath was the first tory Prime Minister to be selected by the vote of the conservative members of Parliament Rather than by consensus of party eminences. Both heath and nixon were adm
All this occurred before i was henry kissinger. It is not a known fact. I visited salisbury several when i was in winchester. And so i have a great feeling for where ted heath lived. I thought what i could do here is to describe our interaction with ted heath when he was Prime Minister. What the issues were. That sometimes we agreed. And occasionally we did not agree. But we obviously respected him as one of the important figures of our time. And with a vision for europe that is historic. So when the tories won the 1970 election, Richard Nixon was so elated that he called me on the telephone nearly every hour to update me on the status of the returns. In terms of our hierarchy, of course, it should have been the other way. Part of nixons enthusiasm for heath was the comparability of their rises to office. Heath was the first tory Prime Minister to be selected by the vote of the conservative members of Parliament Rather than by consensus of party eminences. Both heath and nixon were adm
All this occurred before i was henry kissinger. It is not a known fact. I visited salisbury several when i was in winchester. And so i have a great feeling for where ted heath lived. I thought what i could do here is to describe our interaction with ted heath when he was Prime Minister. What the issues were. That sometimes we agreed. And occasionally we did not agree. But we obviously respected him as one of the important figures of our time. And with a vision for europe that is historic. So when the tories won the 1970 election, Richard Nixon was so elated that he called me on the telephone nearly every hour to update me on the status of the returns. In terms of our hierarchy, of course, it should have been the other way. Part of nixons enthusiasm for heath was the comparability of their rises to office. Heath was the first tory Prime Minister to be selected by the vote of the conservative members of Parliament Rather than by consensus of party eminences. Both heath and nixon were adm