Infrastructure projects could cost up to 100 and 50 billion. Follow me on twitter. There is my handle and. Singapore, kuala lumpur getting underway in just a few minutes. Uncertainty ahead for the jet bank of japan. Things are looking pretty mixed at the moment regionally. This is what were seeing. Back online after yesterdays holiday. , butve the bank of japan we also have a Public Holiday for japan on thursday. A lot going on when it comes to the japanese session. Were seeing some lows at the moment. Regionally we are looking at stocks really dragging. They are really tearing the gains we had in the asian session. , we hadabout australia an unfortunate session yesterday where it was very much a delayed start. Asy had resumed operations normal. There was a hardware problem that impacted the data system. That has been resolved. Weve had pretty seamless trading so far, but still he down by 2 10 of 1 . That session markedly lower. Japanese miners are doing well. We have some gains when i
Has brexit shaken the foundation . We speak to the ceo at 7 00 a. M. U. K. Time. A very warm welcome to countdown. We are live from london. It is 6 00 a. M. Here in london. A quick look at what is happening. The asian equities session is underway, fairly flat. Weakness coming in through some oil related asset classes. Let us look at the risk radar. Oil prices weaker, down by 1. 3 . Weakness across the oil markets meaning the asiapacific energy is down for the fourth day. Prospect of increasing crude supplies. We talked about that story coming out of iraq. Prices are retreating from a sevenweek high. We talked about this a lot yesterday and last week with regards to the hawkish commentary coming in from fed officials. A little bit of a retreat from the highs we saw yesterday as we focus in on jack jackson hole where janet yellen will be speaking on friday. The fed needs to consider the cost of leaving Interest Rates low. We will talk more about that team as we go through the program. In
Courts. Southombers flew over korea in a show of force aimed at the north. Pyongyang tested its biggest war had ever. Im Mark Crumpton in new york. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Apples plan for self driving car is a tie with formula one franchise mclaren. How about electric scooter maker lit motors . Plus a flurry of startups pricing their ipos is weak. We will look at how investors feel about deal activity in Silicon Valley. President obama highlighting how text is driving growth in africa. We will sit down with one of the ceos of one of the countrys most promising startups. A flurry of reports attempting to look under the hood of apple plus highly secretive heartland. People say the iphone matter is taking a strategic stake in mclaren. The Financial Times reporting apple may want to buy the company outright which would likely be its biggest acquisition since its 3 billion by of beats. Mclaren denies talking to apple and the ceo said i can co
This is countdown to live from london. It is just after 6 00 here in london. We knew that today was good to be all about Central Banks. We thought we would focus more on the ecb. Turns out, we have surprise out of new zealand. The surprise rate cuts from the new zealand bank, what did to the Government Bond twoyear yields, currency falling as a result of the surprising move. Thethe central bank cites Global Economy for doing this, further easing may be needed to meet weakness in the economy. It is ecb day, and we have people focused even more so on that scene. Let us check in on the radar. One central banker decided not to give further stimulus to markets, it was the south korean central bank. The south korean currency is increasing after the bank of korea gave no change to its Interest Rates, against all 31 major peers this morning. At this in on oil prices, at 38. 21 on nymex. But that was after some real strength yesterday, the wdi up by 4. 9 in yesterdays session in new york. And b
Producers. And, the race for the right house reaching new york. Trumpy clinton and donald hoping for strong support after a series of primary setbacks. Do let us know what you think. Follow me on twitter rishaadtv and use the trendingbusiness. The equities session extending four month highs. We are monitoring the markets. Juliette we are seeing some gains coming through for those markets opening up. Upaysia back in the black, 10 , similar gains in singapore and tie one. All of this are positive signs for the china and hong kong markets live at the bottom of the hour. Has continued to strengthen against the dollar, that is boosting the kospi, the nikkei 225 holding on those sevenweek highs we saw yesterday, up for a second session by nine tens of 1 . Red, alsod started in now higher, up by a 10th of 1 . All of this thanks to those strong rallies in u. S. And european equities during tuesdays session. That has given a good boost once again to the oil and gas players in the region, that s