9. 9 billion so far has been used. Talking about the Market Street in hong kong and elsewhere in the asiapacific. John woods joins us in a few minutes to talk about how to adjust your portfolio. Equities still the place to be, but there are perhaps more tweaks needed. Angie joining us is the former the wto herest for in hong kong. It will be interesting to get tradeoughts as to how will possibly stimulate these moves in the equity space. Lets take a look at the market. Blackrock saying the potential for asian stocks to move higher is there. Gmm is the function on your terminal. Here is a trading halt to tell you about. Is notpaint participating in this rally we are seeing today because of a m a. Ion on it could be possible affirmation of a bid. Check out what is happening, hong kong above 30,000. We are waiting to see whether or that recordbreach setback in october 30, 2007. That is definitely the first time we are seeing it above that 30,000 mark in a decade. Other notables of course
Business confidence is plunging. Haidi more disappointing news from the factory floor and japan , machine orders slumping, Producer Prices staying flat. Rishaad the long and short of it, hong kong stocks being targeted by skeptical researchers. Of course all this Political Drama, the British Election, james comey and his testimony to congress. Having a look at gold. Start toshed in and buy gold at times like this as a haven play. This is 502, a look at the last three weeks. Have had three weeks of gold prices falling. Never mind if you look at gold in sterling terms, but gold is priced in dollars. We could be heading for a negative fourth week third week for gold as well. Haidi thats right. You mentioned that excellent point about gold being a currency play. You look at this chart. It is showing that correlation of the prices metal priced in sterling gaining 2. 2 after that calamitous result in the u. K. Of election. That is very much isolated when it comes to bullion nominated in ster