Asiapacific benchmark. Jakarta coming online. Of 1 . F 6 10 u. S. Futures are flat and so are nifty futures. At thatbe looking downgrade of indias outlook to negative. The country at risk of falling into junk status. When it comes to some of these markets, singapore reopening phase two today. The peak p, is the biggest loser on the board. Elevated. Ocks are we are expecting that we could see some action from the pboc in the next coming days. Could we see it in the form of a triple are cut . The chinese bond market has stalled a bit. We are still seeing yields go lower today. Take a look at currencies first. The dollar set for a second week of gains right now. We are watching the pound really closely. The bank of england expanded by qe program. Renminbi is steady around 708. The rupiah, we are focusing on that. B. I. Cut rates yesterday. More easing to come. Trend is steepening getting tired right now. Businesses have fears of a second wave. U. S. 10 year is down to 70 basis points righ
Emerging markets are touching 10month lows. A little bit of a mixed picture. What is driving the dax, siemens. There is a deal to be done. I will talk to you about that in a moment. By 1. 24 . The oil market is beginning to stabilize. That is going to be interesting in terms of whether we are basing out lower level positioning in the futures market. It suggests that the number of people betting against crude is declining. Up by 0. 23 . Barrett up by 0. 4 . We have a report out in the u. K. , london house prices plunged. Losing the froth, is what they say. 2014 was a year of house gains. Next year, you will see between 1 and 3 . Nationwide, you are making a to 5 gain next year. Up 0. 75 . Rent, opec is going to be very reluctant to do anything on the oil price even if it careens toward 40. Technik is a french oil Services Company. They are abandoning their potential takeover for cgg. Stock up 6. 92 . They have walked away from that. Theythe irish builder, have made an announcement. They