Positions overnight. We dont know what will happen. Even in japan yesterday stocks snapped their earlier gains to close down 4 and we just saw the nikkei reverse those gains right now. We may see another volatile day as chinese stock market swings again. Just had a look at the stocks. All over the place, positive, negative. Currency markets no stranger to some of these wild swings, mayu. Give us some of the levels, specifically dollar yen. Well, the dollars doing a little bit better right now. The dollar recouped some of its losses after chinas Central Banks fifth rate cut since november but its still in a down trend, 118. 75. The euro is edging lower after hitting 117 level monday. Its around 1. 1556. So some are buying back the dollar after purchasing currency to avoid risk like the euro and the yen. Big focus will be on the shanghai composite. Well see how it reacts to chinas rate cut. Ill be back with an update in a few hours. Back to you. Very much looking forward to that. Mayu yo
Friday. Hes told his officials he will work to reenforce allies. China has warned the United States to act cautiously in regard to the South China Sea. The administration of President Donald Trump vowed to protect u. S. Interests in the areas International Waters. Translator the United States is not a party to the South China Sea dispute and should respect the facts. We urge them to tread carefully to avoid harming the peace and stability of the sea. They were responding to comments by spokesperson sean spicer who referred to chinas artificial islands in the waters at a press briefing. Its a question of if those islands are, in fact, in International Waters and not part of china proper, then yeah, were going to make sure that we defend International Territories from being taken over by one country. Hua said china is dedicated to protecting freedom of navigation based on International Law but she insisted china will protect its sovereignty and maritime rights in the waters. Israel has a
Friday. Hes told his officials he will work to reenforce allies. China has warned the United States to act cautiously in regard to the South China Sea. The administration of President Donald Trump vowed to protect u. S. Interests in the areas International Waters. Translator the United States is not a party to the South China Sea dispute and should respect the facts. We urge them to tread carefully to avoid harming the peace and stability of the sea. They were responding to comments by spokesperson sean spicer who referred to chinas artificial islands in the waters at a press briefing. Its a question of if those islands are, in fact, in International Waters and not part of china proper, then yeah, were going to make sure that we defend International Territories from being taken over by one country. Hua said china is dedicated to protecting freedom of navigation based on International Law but she insisted china will protect its sovereignty and maritime rights in the waters. Israel has a
Both to the public inside of japan as well as the outside of japan. I want there to be no understanding during the transition in washington that we stand firmly 100 shoulder to shoulder with you and the japanese people, mr. Prime minister. Mattis said the two allies are facing a number of challenges, such as the threat posed by north korea. Further details of the conversation are not known yet. Its likely that theyve discussed a number of Regional Security issues, including pyongyangs Nuclear Program and its repeated firing of missiles. Chinas military buildup in the disputed South China Sea was expected to be part of the discussion. On saturday, mattis is scheduled to have a meeting with his counterpart tomodi inada. He met with south Korean Counterparts earlier in the day. He delivered a stern warning to the north korean leadership. Met the south Korean Defense minister in seoul. Any attack on the United States or on our allies will be defeated and any use of Nuclear Weapons will be
While the one with japan remained almost flat near 69 billion. The imbalance with germany narrowed by 13 to just below 65 billion. And the deficit with mexico rose slightly by 4 . Japan moved into the number two spot by overtaking germany. Increased car exports were the main factor. Trump accuses countries it has a trade deficit with for being responsible for american job losses. The trade deficit is just one of the many issues that will be brought up when donald trump hosts japans Prime Minister in washington on friday. With uncertainty over the new president s policies, shinzo abes government is scrambling to plan its strategy. I will be the greatest jobs producer that god ever created. Domestic job creation is one of trumps priorities. Abe is expected to propose a plan to create growth and jobs in the u. S. That will involve Infrastructure Investments and other projects. Trump has criticized japans auto market calling it closed. Hes also accused the country of manipulating its curre