Yields, even fiveyear yields at the highest level for more than a month. We are looking ahead to a few fed president s who will be speaking later today. The picture where policy will be in the months and days ahead. Seems like there is some optimism on some kind of stimulus. You can also argue that investors are looking past what happens in congress are looking more towards what happens for this election right now because the polls into a suggest, are in favor of biden. Not sure this price president ial debate will change the dynamics of that but certainly we are seeing most risk assets are outperforming with the exception of hong kong which is down 0. 8 . The kospi gaining. The Third Quarter was a surprising beat there. Nifty futures also higher by a touch. The dollar has been pretty steady. That is helping some of the asia fxes here today. In terms of movers, samsung electronics. We mention that surprise beat there. It seems like the stock is been lower by 0. 5 . Alibaba and tencent
Prices double the last couple of months. We have seen demand picking up. Taking a look at other markets, the focus is on chinese equities. They have been fluctuating between gains and losses. The shanghai cob is lower. They are largely flat after what we saw on friday. State funds trimming their holdings. There was the big news of the haltingetf in china trading until 10 30 a. M. This morning. They are saying the warning of thiss involved here tracks some of the largest stocks in shanghai. Take a look at singapore. This is reopening after the singapore election. Retaining the firm grip on power. When he 89 of seats. That is considered the weakest showing ever. Good. Be for stocks some analysts say a de a diverse up three quarters of 1 . We are taking a look at bonds and currencies. We watched the dollar posting the second weekly loss. It comes toing when the belly of the curve for u. S. Treasuries. Reversing some of the gains after we sell yields touch a record low on friday. Lower by
Reporter just to get back to the thing that happened a couple days ago. The president tweeted that they problem with the emigration is the democrats dont want secure borders. They dont care which the safety of the usa. Do you think that is a fair characterization . General kelly how i would put it is that there is a an element let me step back and say i that honest men and women can disagree on anything politically or otherwise. For one thing, i draw a line on the security of the nations. There are people in our country who have the opinion that open borders are fine. People should be able to come and go. There are others, myself included, you can bet the president , i think the majority of americans feel as though security on the borders is important. How you achieve that is a different story. I have great relationships with the mexicans. We have great relationships relationship with the mecca with the mexicans. In my view, we suffer more from the hard drive demand which we do not see
China Stock Catalysts Seen Lacking as Economic Woes Run Deep bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Most China-based stock analysts and money managers cite geopolitical tensions, deflation and a possible US recession among the greatest threats to making money in 2024, according to a survey.