8 00 in thes emirates, 4 00 in london. I am uses community yousef gamal eldin into by. We had five Straight Days of declines. If you look at the reflation in the asian session, not a lot of conviction at the moment, is there . Shery it seems to be fading right now. Treasuries just climbing, reversing declines. Look at my gma function. We are seeing the markets in the asiapacific looking pretty maxed. A halfkei fell just percent. We have more strength for the japanese yen, up 0. 2 . When it comes to commodities, we saw the Commodity Index rebound over night, tracking gains in metals. Metals in asia gaining momentum. The big story when it comes to commodities, oil is swinging between gains and losses. Is a lot about oil. Let me show you what happened overnight. We did get debate out of u. S. Crude inventory. I put the wti reference price. That is your line in blue. The important one to watch out is the white line in white. You can see this is a build of 9. 5 Million Barrels last week. An
The emirates, 4 00 in london. Im yousef gamal eldin in dubai. Shery i am shery ahn in hong kong where it is midday. Investors clearly not bothered by a potential fed rate hike in march. Take a look at the function right now. Equity market column is completely in green. About percent. That will be the highest since december 2015, the sx 200 also gaining despite the fact a sx 200 despite that is down 3 10 1 . We are seeing at all gaining, steel gaining after chinas said to curb said to curb outps to improve air quality during the National Peoples conference. [please stand by] we have seen some remarkable moves in the u. S. Treasury, but in terms of the moves in the dow, how fast the data happen . Five weeks. The fastest turnaround. We have this chart on the bloomberg. It adds additional perspective. There is your key gauge your d. C. Outbreaks 90,000 or 20,000 in a matter of just five weeks up to 21,000. The second fastest interestingly enough is also on the charge, because it was the ni
Top shareholders. Chinas biggest coal miner jumped the most in eight years. 3. 6 billion dollars last year. The news was flagged in january but investors were surprised the dividend. It says that will be maintained in the foreseeable future. Mobileme, 24 hours a day, powered by more than 2600 morealists and analysts in than 120 countries. This is bloomberg. Let us take a look at the justts, afternoon trading, an getting underway. Hang seng up. 6 . Shanghai is relatively unchanged. Shenzhen down. 1 . Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all of our top interviews from this week in tech. Coming up, elon musk is looking for money. He is out to raise 1 billion to bring his model three to the market. Plus, intel hit the ignition switch on its dream for the driverless car with its 15 billion acquisition. How mobileye went down. Another twist in a massive 2014 yahoo hack. U. S. Officials blame russian intelligence. First, to our lead. Elon m
Raise 2 billion. Haidi haidi Oil Producers considering extending cuts. Six nations say more time is needed to train the global glut. Rishaad China Southern confirming a stake sale with American Airlines worth 200 million. Suspended butock should resume when the session gets underway. , thatlooking at kaisa forerty developer suspended two years will resume trading. So a lot to look for two in the session ahead. Haidi absolutely. We are seeing a risk off session so far to kickoff the trading day. Lookof fence the two forward to, janet yellen speaking on tuesday, and as you said, hope springs eternal. Aroundd get more color this Monetary Policy trajectory out of the u. S. Given disappointment and concern over President Trumps Political Capital and ability to push through these tax progrowth policies. We are 30 minutes away from that open. Lets get it over to sophie with a look at the markets. What a great way to start off the week in asia. Sophie risk off this monday. We do have singapore
Hours. Haidi tencent buys a 5 stake. Rishaad coming clean, President Trump rolls back Climate Change, saying he is ending the war on coal. Looking forward to 1 30 p. M. Brussels time when the clock will start taking on britain leaving the European Union when the British Ambassador to the European Union hands that letter signed by theresa may to donald tusk. That is the start of a twoyear period of negotiation later today. Haidi thats right. Two years of no doubt contentious negotiations. What will it mean for sterling . 1. 36 for theey see pound, but a very big if counting down to that brexit trigger day. We are 30 minutes away from the open in china and hong kong. We have had this risk on rally on the table with a blowout Consumer Confidence number out of the u. S. Will that trickled through when it comes to the asian session. Lets get it over to sophie to see how we are faring. Sophie we do have stocks outside japan advancing, building on gains for a second day, stocks in sydney lead