Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M. Were suspended for the second half of the day this morning there are a mixed picture. The dax is up. The cac is up slightly the ftse is down a bit finally look at whats happening here in the treasury markets the tenyear right now ahead of that fed meeting, 2. 054 lets look at whats happening with gold. That could be a mover after todays fed decision gold is up more than 10 in the last three months. Apple big number of the week and its our top corporate story. Earnings and revenue topped estima
A meeting between president obama and raul castro. The president is expected to urge castro to seize the opportunity to improve u. S. Cuba relations by expanding human rights and Economic Opportunities. For the second time since friday, north korea has conducted Ballistic Missile tests in the sea of japan. Officials say kim jonguns regime launched five short range missiles today. Earlier this month, the United Nations Security Council enacted sanctions to punish korea for another Missile Launch as well as a nuclear test. The German Government says it took in 2 million refugees last year. A 49 increase compared to 2014. Of those 2 million, 860,000 have moved to other countries. Angela merkel has resisted measures to control migration such as putting a constraint on the number of refugees. ,lobal news, 24 hours a day powered by 2400 journalists in more than 150 news bureaus around the world. Im pimm fox. Matt thank you very much. Good morning. Take a look at markets in europe. The dax ha
Well. Many saying of course, will there be more hints of Central Bank Stimulus from the European Central bank. Many think a new change across the board. Lower sideing on the of things, if youre looking at spanish equities, france up by 4. 5 . That werth remembering are basically at record highs one we are at stocks worldwide. We currently have world equities 47. 5 trillion dollars. Tradingthe s p, 500 very near those highs. Up, pretty significantly this morning. We will dig into that deeper. Story, bank of America Merrill Lynch Research saying 45 , almost half of all government bonds, currently yield less than 1 . That is what the likes of mario draghi, the likes of carney in the united kingdom, have been doing. All of this stimulus has led to low yields. We still have germany and negative, minus 0. 03 . United kingdom today, ahead of the centralbank decision. Currently seeing money fillsinto germany, just up that 1 level. Saying, at at pimco the moment the risk reward doesnt stack up.
Today's Download Weekly newsletter focuses on an extensive interview with Telecommunications Commissioner Tristan Gilbertson and his team at the Commerce Commission.