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Condolences to the victims of war. Singer laura, taiwan and kuala lumpur are just coming online. David i dont have anything lost to say. We are caught in this lul; between loll christma an new years. You look at some of these markets. They are basically treading water. Bobbing between gains and losses. Thats the case in new zealand and japan. At a lack ofg capital. Do you keep in mind come as we move into the last few days of this year, we seen a lot of money get sucked out. Malaysia, taiwan, the philippines, these are some of that have really gotten sucked out. We are flat in the regional benchmark. It might get interesting when china and Hong Kong Open up. Currency markets as promise, we are seeing Dollar Dollar strength come through. Thing is quite thin. Theres not a lot of activity going on. It comes at a time of the day when a lot of these banks in japan come up with their daily yen fixes, if you will. Have a look at sterling and cable. Lack of news . Im not going to speculate on
VietnamRepublic-ofAustraliaShanghaiChinaShenzhenGuangdongBeijingMexico-cityDistrito-federalMexicoAustriaLets get the price of oil up for you. Iea is putting out the report. They are saying they are seeing a glut last until late 2016. Another 12 months of oil glut. They talk about opec. They say opec will continue pumping. We saw december for opec is basically saying you can pump as much as you want. That is the picture for u. S. Crude. 36. 60. Brent 39. 49. A lot of investor saying we could go to 30. Emerging markets stocks are headed for its longest losing streak in six months as concerns grow about next weeks tread meeting. Mark barton has been charting it. Mark if you want to gauge how riskaverse investors are ahead of the fed Rate Decision on wednesday, look no further than the msci emerging markets index. This is the last eight days. For an eighth consecutive day. Period. 5. 6 over that this is the longest losing run since june. A slumping Commodity Prices to a 16 year low. Concerns about chinas economic slowdown and the prospect of higher u. S. Interest rates, which are lessening t
JapanShanghaiChinaArgentinaBrazilTurkeyBeijingSyriaNew-zealandRussiaLondonCity-ofAll right. We start with a powerful typhoon that is slamming coastal areas of the philippines at this moment and its only going to get worse. Typhoon melor should make land fall at the south eastern tip of an island. The winds are equivalent to a category 3 hurricane, 125 miles miles per hour, and those winds could last up to 18 hours. All Emergency Personnel are on stand by at this moment. More than 700,000 people have evacuated, and most of them are in a southern part of an island. We will go to Pedram Javaheri. This is a part of world used to storms like this. Still, though, this is coming in with a punch. Correct. The threatening thing with the storm was about 24 hours ago it was a Tropical Storm. Weve seen hundreds of them in recent years over the region. Its intensified. And in the last five minutes, walking over to the desk, its now a category 4. The winds have gone from 205 to about 130 miles per hour. This is what is considered a catastrophic strength. Were going to break this
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