Officials in japan, suzuki saying that thet are aiming for wage growth. It was in contraction territory for the 24th straight month. This week it has been the continued slippage in the japanese yen now trading, above the 155 mark. The question of how long if we did indeed see intervention twice last week which does appear to be the case how long that will last in the market. Today we have the nikkei 225 coming on to the upside. Wall street overnight had signals of positivity. We had weaker than expected initial jobless claims. It really backs the case that the fed can cut rates later this year. Nikkei up zero. 4 . Lets look at how the korea how korea is sharing a bank. The korean won looking for more against the dollar how korea is [crowd cheering]. The korean won looking firm or against the dollar. Haidi in sydney we had a giveback of the recent gains, the 5session winning streak. Retail is dragging. This meant lower on the session. But a bit of a bounce back there, 0. 1 higher. We ha
Fourth term as chancellor as the social democrats vote to open Coalition Talks. In improving picture for emerging markets. Behin what isr tells us behind the outlook. This is Bloomberg Markets middle east. Inm yousef gamal eldin dubai. Global markets showing they are willing to take the u. S. Government shutdown in stride. Assets weaker with korea and japan driving losses. Australian shares unchanged. Advance on optimism for the euro. It is not a pop. It raises the question about the massive eurodollar positions out there. The dollar index pretty much unchanged, still close to a sixweek slide that shows no of relief in the shutdown. Up. 5 . Urrently we had commentary from the most par 4 Energy Ministers in the world and will get you those interviews in the program. Old lower the big move in the emerging market fx space has been the 12. 12 offd trade at the news that jacob zuma could leave earlier than planned and transition plo power in a you new administration. Lets check in on first