Come on and address members of the media to tell us what is going on. She has not been seen for quite a few days. Nikkei to 25 decline of 2 . Seng, the worst run of losses we have seen since the hangover. Lets get to the currencies because the trade war is certainly having an impact the yen seen as a haven trade once again. Appreciating to 106. It at thee to see moment. Korean yuan continues its fall back as well. For thet below 1200 First Time Since january 2017. Trade tensions not between just china and the u. S. But south korea and japan taking its toll. Cny, the seven handle being breached. Gain of 1. 1 . We see the dollar index actually flat. David our top story right now, the latest on what is happening in hong kong. General strike today. Flights already cancel. A couple disruptions for public transport. Over the weekend, the city witnessed more violent protests clashed with police. Warnedthe other thing, that beijing will not let the unrest continue. Sophie kamaruddin is at the
Calling the president a Big Personality with a big job. It is a 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Shery i am shery ahn in hong kong. It has just gone midday. Markets gaining ground, south korea leading the pack, take a function. R gmm japans nikkei up. 7 because of this slide in the yen, down. 5 , also the boj buying etfs and the past three sessions. Surging 3. 5 , rising three consecutive sessions, the highest level since may 2014. It is all to do with what investors are thinking of right the and it seems to be political environment europe a key focus here. Yousef it is definitely a key focus and point of our discussions. We look for the latest development in terms of the french president ial election, greece. This is the chart you should pull up, the latest recommendation coming from one of the biggest banks in terms of how you can hedge against the political risks out of france. Follow it up on your bloomberg. T
Aia to take the reins of hsbc. The fall,de after koreas ousted leader remains defiant, saying the truth will eventually come out. Are keeping and i on developments in korea. In a moment. Ve macro data out of china, but do we received see a return to volatility or not . Rishaad this risk on trade back on again. We have the decision out of britain when it comes to Interest Rates, that touch of election on wednesday, seen as a precursor to the French Election ther this year, but perhaps most important is the fomc. Lets get straight to market action. 29 minutes away from the start of the trading week in hong kong and shanghai. Ere is david ingles your point, do we see of further sell on the news . It is expected across the board 100 . If everyone expects it, how do you make money on the other side of that trade . Equity markets come event risks this week, a mixed bag across equities, bottoms not quite there yet. But now basically has come back down come flat for the benchmark. A flat sessi
Recordin recoiling. Let us know what you think of our top stories. Follow me on twitter at rishaadtv, dont forget to use trendingbusiness as well. , a lot ofl volatility. It has been a whipsaw session. Lets start off with equity markets. The msci asiapacific into negative territory. We are seeing some of these utilitiesil, gas, and starting to drag on the overall picture. Taiwan, singapore, and malaysia joining the fray. Times at a 10th of 1 at the open. Kiwi stocks hanging onto gains, off session highs. Australia extending losses. Energy and materials names dragging things down. These oscillations in the yen playing on exporters, a general risk off sentiment suggesting , we aret earlier bounce now seeing people selling on the news. Saying that we could just be getting a dose of reality, causing fees skittishness we are seeing. In terms of the currencies we are watching, the yen sitting at 105. 06. We are starting to strengthen as we speak. Early on, we had it almost breaking through 1
China,ges facing provinces sliding into recession, others with doubledigit growth. Do follow me on twitter rishaadtv, and please use trendingbusiness. A look at markets, the followthrough out of wall street , biggest declines in three and a half weeks. Shanghai and hong kong coming on stream in 30 minutes. Malaysia and singapore doing so right now. This is a gut check. Japan suffering more than others. David leading the losses right now. It has to do with risk aversion, the biggest drop in a month. Have a look at the markets in asia. Market isutperforming down 5 10 of 1 , sharp declines. Nikkei 225, 1 drop, second straight day of declines. Also a drop in commodity prices. Weak dollar. Can we get shares of noble group up . Down 4. 5 at the moment. The company saying they were not aware of what was behind the move in the drop. It fell the most since 2008. Shares are still down. Roughly down 20 over two days. Lets talk about the japanese yen. Have a look at the today chart, closer to the