Asian equities. They cut down the patients stance and talked about opening the door for easing. The market betting july could be the earliest we could see. The csi 300 up. Seng, four solid days. Up another hundred 80 four points. Psi, markets on a tear. Thistly lower ahead of decision. Thewe mentioned about dollar. Big moves when it comes to asian currencies. The taiwan dollar as well. Breaking below the moving average for the First Time Since march. Havenpanese yen gaining status as well. The one we are watching, not price, but gold. 2013 highs. It is the bond market firing up. Basis points. Same going for the most of asia. See peopleinuing to ratchet up yields can go lower, even after we saw the u. S. To year yield. Below 2 for the First Time Since november. Australia, 130. Japan is the big one to watch ahead of the boj. More trouble for the boj. We are watching closely what happens with dollaryen. You can see we broke below some key levels around 100 782. Those are the lows we saw b
Rishaad tariffs on washing machines, the reaction reverberating this morning. Lets take a look at whats happening. It definitely doesnt favor u. S. Solar firms, chiefly. Lets have a look at this chart on the bloomberg. Yellow line showing what has been happening first with solar for the last year, about 104 moved to the upside. One of the Biggest Solar Companies in china showing a a whole but appears as pretty much flat in the last 12 months. This is after concrete evidence to support trade agencies finding chinese imports harm the domestic market in the u. S. , according to the u. S. Court of appeals for the federal circuit. As a result, we are seeing reaction to all this playing out. And saying what they feel about, saying they will put some tariffs on u. S. Imports as well. Haidi we are hearing from the sayinginistry in seoul, they requested from the wto to put a stop to the trade concessions to the u. S. Solar is one part, and washing machines are the other. Samsung stocks falling,
We see the pboc once again holding steady, keeping that yuan at a steady level. Yuanconomists saying, the can rise, it can fall, and we will combat both moves should we need to. The dax up 0. 5 . Big vote on wednesday. Angela merkel trying to rearrange her schedule to get this vote through, talking potential debt relief for greece. Trying to woo the imf to get on board with the third bailout being offered to greece. That third payment comes on august 20. We are higher across the board looking at the eurozone when it comes to equities. The euro is down against the dollar. Weve got Interesting Data coming out of the u. S. Later today. We got manufacturing, inflation, we also get fed president william, voting member, speaking on his view of whether has what happened in asia changed the Federal Reserve . Still about 5050 think we will get the goahead in september. Euro still slightly lower against the dollar. Lets have a little look at how the Chinese Renminbi is doing. Stability back on c
Foreigners in a small texas town hold a candle lit vigil to remember the twenty eight victims of Sundays Church shooting. Hezbollah leader. Whos a saudi arabia of forcing the lebanese Prime Minister to resign. Ousted Catalan Leader pushed him out and four x. Ministers are freed by Belgian Police but with strict conditions. North korea has dominated talks between japans Prime Minister shinzo and us President Donald Trump both leaders agreed the time for dialogue and what they called strategic patience is over trump is on a twelve day tour of five Asian Countries his visit comes at a time of heightened tension on the Korean Peninsula as the two countries are in complete agreement on what measures should be taken against the nuclear state. There is no point in the dialogue for the sake of dialogue with north korea. Now is the time not for dialogue but for applying the maximum level of pressure on north korea we completely agreed that in order to make north north korea change their policy
He just sat down, so we will get some commentary from him as we work our way through the next hour. To get my greek right or my producer will be angry, a mixed result. The greeks reach a bailout deal, releasing muchneeded aid. The critical question of debt relief is being dodged here. When will this issue be resolved . And the luxury of low rates. It is dangerous when companies are paid to borrow. So is there a bubble waiting to burst . Matt we have less than half an hour before the european open. Lets look at futures right now after a fairly weak session yesterday. We had gains across the board and in futures. The ftse futures up by zero point 0. 1 . We have dax futures up stronger, i am going to make an audible. Normally i show you bunds and it is an interesting trade today as well, but what i think is more interesting, guy johnson, if you take a look at the european car registrations. I have up a fiveyear chart of that right here, and you can see that even though we have had a jumpe