Lets take a look at what is been helping foment further gains across the asiapacific. That is the futures contract for the s p up to tens, hang seng three tens of 1 . And the nikkei has buoyed a bit. Also the topix doing rather well. We have a cna a tad week. Looking at that as we do. Also the yen, and the boj. 41 day since the boj came in and bought a sizable chunk of stocks in the japanese market. Someat stealth tapering, people are arguing because the yield on the 10 years unchanged. The yield has been lurching lower eight basis points. Weekhas been put less a and see what is going on in regard to the haven stages. The learn not willing to look at and take on risk right now. This is of course after the Election Results or we saw the landslide victory when it comes to democratic camp. She was talking about how she is ready to listen and stands by previous stances on protest demands. People who felt that our government has not handled, deadly the legislative exercise and its aftermath
Afghanistan. Both sides want a ceasefire. We areake a look at how shaping up for trading on the final trading day of the week in asia. We do have one market up and running, new zealand, trading for about an hour now, currently higher by 0. 5 , continuing to hover around record highs for the index. Sydney is poised to open higher as well. Futures currently up by 0. 4 . Different story elsewhere in asia. Y akei futures, weaker b little more than 0. 4 . The kospi is looking flat as well. We are expecting a fair bit of data out of japan and south korea today. We will break that as we get it. We will provide analysis as well. Lets get a little more on the markets now. Theinued speculation that reserve bank of australia will be delivering more stimulus. Shares have hit another record. We have the final policy decision for the rba due next week. Our next guest says it is three rate cuts in six months that will supercharge the markets. The chief Market Strategist of investment joins us now of
First half. Is ticking asck london and brussels plan new talks. They can still block a new deal divorce. Kathleen breaking news on south korea Industrial Production. I was talking about whether or not the bank of korea might cut their key rate and a couple of hours. The pricing jump, up 2. 6 . Up more than forecast at 0. 5 . That is what was expected. In terms of the monthly number, lets move on to the yearoveryear number. Up 0. 6 . A big improvement over 2. 9 . That has been revised a little bit higher, 2. 6. Very good news for south korean Industrial Production, closely linked to manufacturing, closely linked to the trade war. We will get more details on that and get more on that later. Beijing for ato look at the asian markets. There has been a lot of volatility this month but it looks like on the last day, we are seeing cautious optimism. More green across the board. For the nikkei. Positive numbers out of korea so that will help bolster when the markets open, up almost 1 . 5 thise
And a tense weekend of protests in hong kong. There are new warnings about the economy. Lets get you started with a quick check of the markets. We ended the friday session in the u. S. We some pressure with u. S. Stocks sinking as the u. S. China trade tensions increased. There was such a wild roller as though you on ended the week down half a percent. It is worth noting it was down almost more than 1 at one point, after President Trump says the talks with china could get canceled for next week. Still, it pared back the earlier declines after we heard from a white house official that suggestions that the u. S. Might not do business with huawei anymore, they walked back the comments. Semiconductors were some of the biggest losers in fridays session. The nasdaq down 1 . U. S. Futures at the moment gaining 0. 1 . All eyes now on asia on this monday as we have markets out of action on holiday. Thats right. If you take a look at stocks in asia, they are set to kick off on a cautious note wi
Progressiverudeaus mission stalled in beijing, with Sticking Points on all sides. Betty david, good to be with you from hong kong there. Favor,stocks today in those that will benefit from tax reform. But dont pull out the party have yet. I want to pull out this chart, g btv 339. It is according to vanguard, the index fund company that manages almost 5 trillion has drivenot of what the markets, the low volatility, the record runs in stocks, the record stimulus, the low wages, no inflation, that is about to end in 2018. Tax reform or no tax reform. They see more volatility to come, which means they see lower returns. Do not expect of those nice, juicy returns of the last few years any longer. David absolutely. It is almost impossible to , the conducive assumptions and realities we had in 2017 continue well into 2018. It is almost like mothers womb. It is a perfect environment, but do you get it in this harsh world, it which is what 2018 seems to be like. Analogy, we have been drunk on ea