Dollar, wees to the are watching for trade out of china this morning. It could come out this afternoon. We will be counting down to that. You have the currency, trade. Trade has been good. It the the currency has been strong. Chart 6568. There you have the onshore rate, blue. In there we go with this uptick. Unexpected growth this year are setting the weakness because of this pullback. Borrowing costs have been on the out across different cities, local governments in china. We have the fix in 17 minutes. Hopefully we will get the latest trade numbers out of china. Markets are set to open in less than 30 minutes. We are looking at what, sophie . Barrage aspare for a we have dollar weakness to contend with. Take a look at the bond market. Bonds rowling, korean bonds catching a bid has the five year yield dropped. We have stocks lower. The kospi sinking for a fourth day. A mixed bag when it comes to equity markets. Check out the currency space. The hong kong dollar surging the most since
Investors reassessing the taste and direction of the federal reserve. The governor said week policy might force them to alter plans. Shares jeff bezos, topping 1000, a sign of the growing power of ecommerce. , letsg news, china pmi get straight to chart, 8228. What we have had is a slight fall back in manufacturing, the number above 50 indicating expansion, below, contraction. 51. 2, slightly better than had been expected. That does not tell the whole story, does it . Thats right. It is slightly better than expected. That wee suggestions are past the peak when it comes to this china growth story over the past 612 months. The other part is how Small Companies and china are doing, 8223, the Small Company index suggesting an improvement for the First Time Since mid2014. We will get a better cage when we get the unofficial pmi tomorrow. They tend to track these smes. The official numbers looking at figure stateowned companies. Steve. i am with he has been pouring through the numbers. How d
Hsbc had a preliminary read. The chinese stocks are looking at the worst arch of year since 2010. In the u. S. , we have Economic Data at 8 30 a. M. With First Quarter gdp and initial jobless claims, 9 45 a. M. , bloomberg beforer comfort, 10 a. M. The bell, we have a slew of earnings. After the bell, it will be google and amazon. Those are two big ones in retail. Are they more optimistic off of what facebook did . And facebook has so much rising power. Lets get to the data check. Cable is out. Revenue was higher than anticipated and they increased their dividend by 15 . A lot of earnings are coming up this morning. There is the data for you. The yield is a big story. The fed meeting and there are the currencies. I am watching the yen and it is better than good. It is weaker. Is at thefor me bottom, a basket of euro and dollars. Chart and its ugly. If you are Vladimir Putin, this is not good as the world comes to sochi. The ruble appreciates and then it has been churning and you see th
Capitalist today in principle. It should be combined with steep , social responsibility. Hello, welcome to countdown. I am mark barton. I am anna edwards. Bloomberg reporters are standing. Y ready to deliver the stories in a berlin, david tweed covers sap. Their earnings are breaking it now. Unilevers numbers. And hong kong to the lenovo ibm story. Its a possible to make a new profits in music streaming . A new company is trying it. Getting earnings from sap, the german company, the biggest maker of software. They all felt fourthquarter results. It is announcing its output for 2014. And 2015. It sees its operating profit this year between 5 billion euros and 6 billion euros. Just slightly below analyst e stimates. It delayed its margin operating target to 2017. It delayed its profitability target and that seems to be the biggest news pushing back profitability target of by two years. It is chipping stemcells from licensing business to program delivered over the internet. They said oper