To the primespeak minister and we are joined by the Deputy Governor of swedens riksbank. We will also be speaking to the Prime Minister of italy. Ceo. He saudi aramco there are plenty of good interviews coming up. Trumps new trade barriers are putting more pressure on the nafta talks when they resume later this week. Ont is as important taxes washing machines and solar affect canada and mexico. We are working very hard to make sure our neighbors to the south recognize how important nafta is and that it benefits not just our economy, but his economy, and the World Economy. Very much open to re trade deals involving more people. Has withdrawner the offer he made last week to give donald trump more than the initial 1. 6 billion he requested for the u. S. Mexico border wall. Republicans called the move a step back in the continuing debate for immigration. Donald trump tweeted, crying Chuck Schumer understands that if there is no wall, there is no daca. The u. S. Federal reserve governor Je
And kevin worsht leading the fed but critics say he would be too hawkish. Reporter a little bit of a mix between gossip and news. Ok. As i mentioned, you know, the market here, the equity market were open but the bond markets were closed. I want to pull up a chart and kick us off. It shows you despite the rally that weve seen in stocks in asia as seen as the mici asia pacific index, its still the cheapest in 15 years when compared to the s p. This is represented by the white line. Despite the rally in asia and the rally here and in the u. S. , in fact, asia is just getting cheaper an cheaper. And thats got more investors saying im going to buy into the asia pacific market. Yvonne seems like weve got the global gross optimism especially in japan. Ell see what happens with japan after correia. Were down by the. 10 of 1 for the index 50 following what we saw, the downside with some of the major indexes. Holding on to the fourmonth load as we wait for Coalition Talks after the election. Fu
Theresa may and eu insists that brexit ball is in each of his court. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin in dubai. Angie i am angie lau in hong kong. Ink politics means punk politics means pingpong politics. We take a look across the asiapacific region because it is admirable sparring in washington that is putting in doubt that u. S. Tax reform proposed by trump. Japan, south korea coming back online. The kospi climbing the most after attending holiday and one of the big movers on the kospi is samsung. Take a look. It is my the biggest movers on the kospi index. Yousef, what is moving in your market . Yousef look, quite a few things to look out for. Brent crude, little bit of gain but the opec nonopec talks not really impressing this market. Really up. 1 . We are looking ahead to u. S. Crude inventories, those are forecast to decline way third week. Gold futures ahead front of the fed oh head of the fed minutes. U. S. Treasuries the comeback on. Ine, ju
There ing supplies and are worries that chinese demand is trailing off. He markets in the region are focused on earn season. C. E. O. Et to the the economic stability of the National Stability of the country has been the core essence of the game. Support of the local banks thats to make sure and our long term strategies are getting from plan a to plan b. The institution has to perform in substance. All about and s the National Institutions are commitments. Give us a sense of how exposed you are to the gulf crisis. You pointed out some of the strong fundamentals in the comecial system which have under british, but in terms of ou as doha bank and your exposure to business coming out of the gulf and the united specifically . In ts been substantive expert from the and trade is 25 million. Egypt is 1. 1 billion. Destabilizegoing to in any form. Tradeok at the balance in of investments is a counterpart of this and Financial Institutions have to have plan b. Thats what we manage to do with su
And abroad. One man sees warning signs. This is Bloomberg Markets middle east. I am in dubai. Shery im in hong kong. A off seeing a bit of optimist town in asia. We have asia oil continuing to gain. We have positive data out of japan. The gmm go function on the bloomberg. Many markets are in the green. Look at the hang seng index up. 4 . It is pausing three days of declines. Japanese nikkei is also up. Topics is also up. We are also seeing the kiwi dollar gain half a percent. We have inflation data reaching the Central Banks targets for the first time in more than five years. Wti up. 6 . Sovereign debt markets are in the red. Note, thed fiveyear yield is up 3. 5 basis points. This part of the world we are under two hours away from the opening of the emirates market. Here is the pulse of the equity action. We pulled this, up for you on one of our favorite functions. Emf function. Is really popular and breaks it down nicely. Real estate is up. 7 . You have some Consumer Staples doing wel