Matt im matt miller, in for manus cranny. Im really excited to see about this china decision, but we have comments from the fed that are moving markets and there is so much turmoil here in europe because of the brexit negotiations in the middle east with qatar. Anna we will get that decision later from the msci as to whether the chinese domestic concluded to the benchmark. Could it be fourth unlucky for china . This is the fourth time asking to be included within the benchmark. We have this chart here, showing the china rush. This is one example of the appetite for chinese assets. It shows appetite for a particular asia etf, listed in the united states. Investors anticipating perhaps, approval, but how much does this matter . We have seen real divergent performance between the shanghai market and the offshore market, which is trading near two year highs. The domestic market, really dwarfed by some of the new Technology Names that trade overseas, outside of the chinese main shares. Matt
Dudley says they are hoping the tightening wouldnt imperil the economy. Now that terms of the discourse before divorce before any future trade deal. Can london regain the initiative . And four individuals from fraud. S charged with matt very interesting story there, considering individuals have been charged as well as barclays. Interesting also to look at the march, the equities march the continues around the globe. Andu. S. Is at record highs now you see futures up in europe, even nasdaq futures up. Gains as far as equities are concerned. Take a look at the bund trade sold off. Yields being pushed up a little here. Because we only two significant digits there. I go a little further. 0. 795. I always go four. Guy always the extra mile. Lets talk about what else we could see on the gmm. Kiwi is bid, krone bid, dollar bloomberg dollar index is about. 1 up. Look at what is happening around eurodollar. What is happening around this queue surrounding trade. Interesting to see how the market
This is daybreak asia in hong kong, just after 7 00 a. M. I am betty liu. Yvonne and i am yvonne man. Club. Joining the msci they also added 53 more stocks to this conclusion. A Long Time Coming for china, a lot of questions. Betty given we were not the ones flags prominently, the stock connect china put in place. That being a key reason why they decided to include these shares. Yvonne they mentioned it was a bringingger, overall, a boost to the hong kong and shanghai markets today. Markets a after oil slumping into the bear market, from the highs we saw in february. Lets see how new zealand is performing this morning, continuing this negative tone. Stocks down 0. 2 . Still a slightly higher dollar story, the kiwi at. 7243 against the dollar. Energy stocks in australia, those are the ones to watch. Under pressure today with wti. Tumbling to the lowest level in nine months overnight. The market getting fatigued on these opecled cut. Futures heading lower in sydney. Nikkei futures ending
Some are coming in. 44 basis points, a big move this week. Sterling is a little bit weaker after the weaker confidence numbers. The vix is up 50 yesterday. Its the weakest quarterly average since 2006. Gold futures pretty much go nowhere. Is important Economic Data coming up at 830 a. M. Eastern. May, data is of being watched. Time, they are calling for little change to the preliminary estimate. At 1 00, investors will be watching the weekly recap. This is the longest uptrend in two months. Alix look at that. Ofy good Economic Data out europe today. A prudent call for approach to normalization. Thats a good sign. They want to see proof it it can be sustained. , we haverom london Michael Mckee from bloomberg. Do you see the reflation in the day that . Mike you do a little bit. Its hard to take anything out of one month. The Energy Prices are out of the european numbers. Inflation rose from the prior month. You can see it in the energy numbers. And only 4. 6 in may 1. 9 in june. You have
Daybreak europe. Doin manus there was a feast of Central Banks this week. All eyes will be on the house of parliament. Will theresa mays in these backer on the article 50 bill . , itterling is a benchmark is under a little bit of pressure and bank of america says we reject the notion that article 50 is priced in. It is having the largest losing streak since july of last year. The Political Risk is rising. This is the euro against sterling and it is under pressure. Anna an interesting thing to watch in terms of Political Risk to the week. Lets look at the risk radar. Report andhe jobs other factors, japanese stocks extending the biggest rally in a month. South korean stocks are up. Record highs on global stocks. We have a very busy week as you point out with all the Central Bank Meetings and a busy political calendar. Manus keep an eye on the dollar. Just a little bit soft for two days in a row, giving back some of its original gains. Those are good numbers. The animal is essentially ob