Of it. Shanghai comp, for tens of 1 lower. A relatively good week for the asx. Other Asset Classes making themselves felt. Taking a look at what is going on with that. The 10 year japanese yield continues to trade below the zero level, which is the preferred boj level. We have a bond Program Announced att 5 00 p. M. Announced 5 00 p. M. Tokyo time. Reflective of it being near six month lows. Gold is pretty much stable. Nymex crude oil is up again. Bute down in the session, over the last 24 hours, moving to the upside. Back and looking at what is going on with regards to the opec plus meeting, another deeper cut in oil production. We have breaking data. Decision for sri lanka. They kept the standing lending rate at 8 . The deposit rate at 7 . That is pretty much unchanged. What is going on with some of the first word news. We have a man who has been relatively quiet. Kim jongun making himself heard today. President trump is facing a new challenge when it comes to north korea after the l
Record. Manus it is daybreak europe. The words of the Vice President of the United States of america now open up a new salvo in the trade wars. Those words are the president has made it clear it is going to be very hard for us to do a deal with china. Geopolitics and human rights is the new escalation in trade wars. Nejra it is interesting, the timing of these two stories coming through both having an impact on the markets in terms of the hong kong bill and how that could have an impact on the negotiations. They are going to go back to that may template in terms of rolling back tariffs. We know how much hope there was ahead of that only to be thwarted later on. Highrises of the beijing. We have come here specifically to host some pretty good interviews. The roster is pretty high quality. It is the Bloomberg News Economy Forum. We will speak to the Standard Chartered ceo and the ubs group ceo. We are going to catch up with the Goldman Sachs chairman and ceo david solomon. The former whi
Purchases. They remain over odds on that. Apple and nike are leading the dow higher joining us for the hour to talk about all of that stephanie link, a tiaa company relatively quiet day but that doesnt mean that theres nothing going on we had Economic Data and now this headline with u. S. And china still at odds. Here we go again. I thought the data today, the Economic Data was the driver pretty good. Initial claims, the trade data in general thats going to help Fourth Quarter gdp i thought this week ism services was pretty good. Were seeing okay. Overseas were seeing some pretty good data especially the pmis in china, europe, europe gdp today no worse than expected all of this seems to be setting up for better growth for 2020. We just need trade resolution one way or the other german factory orders and retail sales softer than expected i get the trend is less bad in general in the last month. Factory orders actually was revised last month higher. Lets see. Less bad, but i think theres
Sliding Global Demand is increasingly hurting the mainland economy. Kathleen thousands join hong kongs biggest demonstration in months. The protests may drag on into the new year. Lets get straight to the market action. What are you watching . Sophie this monday, stocks in tokyo are gaining ground. The nikkei to 25 adding 0. 7 pipe 0. 7 . 225 economy the nikkei adding 0. 7 . The economy grew. Jesper sees a payoff in 2020 with likely massive boom in productivity. Checking on the yen, holding at about mid108 levels. We are seeing the kospi gain ground, up 0. 4 . The korean won is also looking stronger. We are seeing gains for the asx 200. There was a surprise resignation. We are seeing futures marginally lower this morning early in the asian session. A quick check on bonds. Keeping a close eye on 10 year jgbs to reach that 0 level for the first time this march. We are seeing dwindling demand on the short end as expectations fall for more boj stimulus in light of shinzo abes spending pack
We start with the u. S. Senate bill aimed at supporting hong kong protesters. Ministry said in a statement that it blatantly interferes in Hong Kong Affairs and other china internal affairs. Bloombergs great at china editor karen leigh, walk us through what happened. Karen this follows chinas line telling the u. S. To back off when it comes to hong kong. The into options that it could take. Sees a bit hong kong of a more normal daytoday after many days off, and a standoff between protesters and police is coming slowly to an end. Looking ahead towards district elections on sunday. Should the government delay or postpone them, that could lead to more protests, so all eyes sickly turn to next weekend. Eyes basically turn to next weekend. Alix thank you. Bloombergs matt miller joins us from frankfurt. Walk us through the highlights of the report. This twice a year, as you said. They think this is a part of the responsibility they have for setting Monetary Policy, to also point out the risk