Welcome from our asian headquarters here in hong kong. Japans economy looking slightly stronger for the First Quarter. that one point figure looking in the bit better at better than economists were expecting. We broke the numbers last week. It was rising 1. 4 in the First Quarter from the previous quarter. Suggesting here that the Business Sentiments were stronger than previously thought. Slightlynsumption rise in the quarter. Theres still a lot of headwinds coming through for the japanese economy. When we talk about this current account balance, it dear thierry it quite a bit. That is weighing on japan. Pointing to some positive growth even after you subtract the first percentage point contribution from this leap year affect that we did see. This probe has been mainly driven by the fact that we do see this rapid reduction in real imports. That is not necessarily a good sign of good growth. Of course, with this sales tax ite being postponed now, lowers japans growth trajectory in 2016,
Inanpacific markets are wait and see mode. Hillary clinton on the brink of history. Formally clinching the democratic nomination. ,ollow me on twitter rishaadtv hashtag, trendingbusiness. Kuala lumpur, singapore, and taipei all coming online. Welcome to the wednesday market party. Its looking more positive than half an hour ago. Waiting for malaysia and singapore to update. Taiwan up for tens of 1 . 1 ,ei 225 up by 4 10 of firstquarter gdp number, 1. 9 . The yen start to strengthen released, data was which did weigh on export stocks. A bit of a turnaround coming through there now. Flat, but aospi solid session tuesday as the won strengthens against the u. S. Dollar. Also ahead of the trade data out on thea, some weakness london metals exchange. A great host from those Energy Players in the region. We will expect that in hong kong as well when the market opens. New zealand has been in the red, down by a third of 1 for most of the session. , thanks toonal index the lead in japan stocks,
You live from bloombergs asia headquarters in hong kong, and streaming right here. Ts check the markets lets check the markets. To new zealand we go. Is pretty trading much flat, into negative territory. We are watching the kiwi right now, 69 u. S. Cents. This ahead of the rbnz decision tomorrow. Zealand interestrate cuts this week are waning. Investors see of 40 chance of government lowering the official cash rate. Coming down to the opens in australia, japan, and korea. Futures in australia pointing to a lower open as well. At 74ssie dollar holding u. S. Cents, this after jumping to ave or week i fourweek high. Numbers are home due out, so we will be keeping watch to that. Lets get to japan. Futures trading in chicago pointing to a higher open, a stronger yen, 107. 29, but we are expecting firstquarter growth takers out of japan later this hour. Analysts are expecting a slight transition upwards. We will have that breaking news when it comes out this hour. But it was the s p 500 inde
There are to be three debates between the president ial candidates and one between the vicepresident ial candidates. All are being arranged by the league of Women Voters Education Fund. Tonights debate, the first between president ial candidates in sixteen years and the first ever in which an incumbent president has participated, is taking place before an audience in the walnut street theater in philadelphia, just three blocks from independence hall. The Television Audience may reach a hundred million in the United States and many millions overseas. Tonights debate focuses on domestic issues and Economic Policy. Questions will be put by Frank Reynolds of abc news, james gannon of the wall street journal, and Elizabeth Drew of the new yorker magazine. Under the agreed rules the first question will go to governor carter. That was decided by the toss of a coin. He will have up to three minutes to answer. One followup question will be permitted with up to two minutes to reply. President fo
Between the president ial candidates and one between the vicepresident ial candidates. All are being arranged by the league of Women Voters Education Fund. Tonights debate, the first between president ial candidates in sixteen years and the first ever in which an incumbent president has participated, is taking place before an audience in the walnut street theater in philadelphia, just three blocks from independence hall. The Television Audience may reach a hundred million in the United States and many millions overseas. Tonights debate focuses on domestic issues and Economic Policy. Questions will be put by Frank Reynolds of abc news, james gannon of the wall street journal, and Elizabeth Drew of the new yorker magazine. Under the agreed rules the first question will go to governor carter. That was decided by the toss of a coin. He will have up to three minutes to answer. Answer. One followup question will be permitted with up to two minutes to reply. President ford will then have two