Dubai drops nearly 5 and egypt slipped 6 . Today in an unprecedented third election in less than a year. The political deadlock finally broken . 8 00 a. M. Across the emirates. This is bloomberg daybreak middle east. Im manus cranny in dubai. There is one word reverberating from the fed to the bank of japan. The word is appropriate. Appropriate actions to support the markets. The bank of japan will make sure ample liquidity, appropriate action and so the s p smell the sweet wisp of the put option around the world. The bank of japan injects liquidity, Goldman Sachs says there will be three rate cuts. Has anything structurally or fundamentally changed in terms of risk of a Global Pandemic . Probably not. Lets talk to Juliette Saly in singapore. Chinese stocks are starting to roll back to life. Are we putting in a bottom . Manus cranny juliet a huge game for the csi 300 and for once, nothing to do with liquidity. Instead, the bet we will see more government stimulus after the shocker pmi
As always, much more on our website with lots of analysis and back round detailed to all our major stories. Now on bbc news, live to singapore for Asia Business report. Donald trump says its likely iran was behind the attacks on saudi arabia, but downplays talks of going to war. Crisis hit city tried to get Public Relations firms to fix its reputation. How the crisis hit. Good morning asia, hello, world. Its tuesday, glad you could join us for another exciting addition of Asia Business report. Im rico hizon and with the local energy markets, its been a tumultuous 2a hours for markets in the wake of the attack on saudi facilities on the weekend. After soaring into double digits yesterday, the cost of crude has risen in asia this morning and donald trump said it looked like iran was behind the attacks but added he didnt want war with anyone. That was a very large attack, and it could be met with an attack many, many times larger very easily by our country, but were going to find out who
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