We are about 30 minutes out from the open in china and hong kong. Very interesting couple of days to come. We are keenly watching the u. S. Inflation report. Disappoints if cpi to a market that has been awkwardly repricing. Were also passing these comments from jay powell is saying that nothing has changed. Also a reminder, the last trading day for mainland markets before they shut down for the oneweek holiday. The last trading day of the year of the rooster. A modest recovery story playing out a link the lead from wall street. David, it is a busy day in terms of investors passing the data. David there is a lot of data coming through. As you alluded to, there is an Inflation Report that we are stuck between that. We are waiting to exhale or to gasp. Yes, you are getting gains but they are capped. Across the getting likes of gold, the dollar is back below one. 08. 1. 08. That is essentially a picture across the region. Little higher on the regional benchmark. We have malaysia gdp still
Minutes time. All taking to the stage in frankfurt. We will bring you live coverage a. M. U. K. Ent at 10 00 time, 11 00 a. M. In frankfurt. Right nows starting at the European Central bank, that is where i am in frankfurt. We are seeing the big bmws role in through the gates. As you mentioned the most important central bankers in the world will be meeting here with mario draghi. I want to take a look at futures. If there is an inequity selloff it does not showing futures. You see European Index futures up across the board with the exception of ibex and the other minor markets. The cap, the dax, the ftse showing gains as far as features are concerned. Significant in terms of this narrative and what is happening around the world. Yesterday we saw big selloffs in europe and we are seeing it overnight. Greece got hit hard and the softer. Rket traded the new Zealand Dollar cannot catch a break trading down. 601 . ,e have seen the nikkei falling stabilization is significant. Take a look at