As you mentioned, it is becoming a little more inflationary for the boj. It will only get stronger. The u. S. ,ets without expanding gains. Hong kong fighting back in the final day leading up to the new year Lunar New Year holiday. It is the biggest threeday gain since october 2015. Remember the hong kong and china had the losses last week. For now lets get to the first word news with haidi lun. Florida now say 17 people were killed in a school shooting. State Authorities Say the suspected gunman has been arrested. He is said to be 19 years old and a former student at the school. A catastrophic day. President trump offered federal assistance to the state and offered his condolences to the victims families. Magazines,ountless multiple magazines. At this point we believe he had one ar 15 rifle. I do not know if he had a second one. Haidi President Trump told he supports . 25 per gallon in federal gas and diesel taxes to help fund in proven in roads, bridges and public works. The democrat
A few minutes early, again we are seeing a trend from the shift of the old economy to the new economy. We have the january manufacturing coming and at 51. 3 and we are still comfortably above that level. We were looking for a number of 51 point six. They are easing back of the more than expected. Not manufacturing though. 55. 3. That is better than decembers 55 number. That includes services as part of that component there. Gaining a little more pace. This is the rebalancing that policymakers have been looking for. That manufacturing take into account construction. Lets have a look at going back to 2000 and eight. The numbers have fluctuated. The version ofs this which takes into account more of the small to mediumsized enterprises. Reflect morealso of the state owned enterprises. Uptick take place, those s mds just a little weaker than they had been expected. This number has not being reflected today. At a mixed bagok out there. There is one company probably responsible for all that i
Rishaad tariffs on washing machines, the reaction reverberating this morning. Lets take a look at whats happening. It definitely doesnt favor u. S. Solar firms, chiefly. Lets have a look at this chart on the bloomberg. Yellow line showing what has been happening first with solar for the last year, about 104 moved to the upside. One of the Biggest Solar Companies in china showing a a whole but appears as pretty much flat in the last 12 months. This is after concrete evidence to support trade agencies finding chinese imports harm the domestic market in the u. S. , according to the u. S. Court of appeals for the federal circuit. As a result, we are seeing reaction to all this playing out. And saying what they feel about, saying they will put some tariffs on u. S. Imports as well. Haidi we are hearing from the sayinginistry in seoul, they requested from the wto to put a stop to the trade concessions to the u. S. Solar is one part, and washing machines are the other. Samsung stocks falling,
The disney tv business is in retreat and the studio awaits a comeback, and a new shutdown showdown as President Trump says and get on, if it helps break the deadlock over Immigration Reform. Yvonne day two of the World Capital symposium in the conversation has changed in the last 24 hours as the market meltdown is questioning whether this is some type of correction or if we are even close to a bear market come but we went to the worst a of the dow on record to the best day in 2016. How real is the rebound . Volatility seems to be still here to stay. Betty that is right. What is interesting is that last month, only a few weeks ago, the great, all of economic rights, talking about global secret nice growth and the upswing, and in the market said no, not so soon. Delivered a reality check to anyone who seemed optimistic about what lies ahead. Were firmly bulls in place in u. S. Stocks and we saw the rebound, even though it was a volatile session. I want to get to romain bostick. We starte
School massacre. Hello from sydney, where our where in the. , and opening the market spread. Had to theke you asiapacific trading, but today markets were closed because of the president s day holiday, so i will send it over to you. Heidi european stocks faltering and futures looking at low bit low, but look at the set up here in new zealand where we are seeing trading under way and had output and input prices coming in, pretty much banking on expectations. Seeing a flat session when it comes to kiwi stocks and the kiwi dollar trading at 7371 with the u. S. Dollar a little bit weaker overnight. Futures in australia, ahead of four pointspen is the downside, and the aussie dollar also a touch weaker against the euro and the yen, and the aussie kiwi is at 1. 0737. Down,o have gold futures and crude seeing gains, wti lets get you to first world news. The reason may is preparing to set up her vision for the u. K. Post exit trade deal in a speech seem to aim at domestic trading. Did as yet th