Let this lead to actually postponing your plans and the confidence has returned. I think this is certainly not the right day to discuss a future tragedy. What has to be done is to support the family members as much as possible. And all of us, together. I think i can even include the general public and when the time has come we will think about strategic considerations. It might exert a confidence on your position. Ive no reason to speculate this morning. An airplane this morning was planned to go to tel aviv. And when an airplane is called back, i think there is a good reason and there are good reasons for the captain to take it and not have the fight started. Since nobody knows the answer we could call after and ask what this all might have [indiscernible] you know something about the clue we provide you the reasons in a minute or two. When you heard what might be the region, did you inform the family members immediately . Or how have they had have they gotten to know this . Are being
That is after a disappointing gdp report for the most recent quarter. More on that and a moment. It is driving japanese stocks lower. We are seeing safe haven buyers into the yen. Gold is rising. Both of those happening in tandem. Investors taking risk off the table, concerned that the looming sales tax increase will have an impact on the market. The market is down, the nikkei lower by 0. 5 . Mscithough the asiapacific is advancing, it is early going. We will see how that changes when hong kong and shanghai come online. The nikkei looks like this in terms of stocks that are moving. On the upside, some of the insurers. Take a look at those declining. We will also be watching the exporters today. Those move likely when we see the yen rise. That is negative for those companies, the big exporters like toyota and sony because it hurts their earnings as they bring back earnings from abroad. Is up 0. 4 . He kospi hyundai is higher by about 8 . Those are some of the local names in that market.
Su keenan with the equity markets in record territory as the fed moves to taper qe. Yang yang with a comb i got as thein the Senate Budget compromise passes. Those stories in a moment. First, the Federal Reserve take the first step in unwinding its unprecedented economic stimulus. At one of the final meanings of chairman ben bernanke is tenure, the fed announced it will trim its monthly bond buying starting in january. Peter cook has more on the decision and mr. Bernankes last News Conference as chairman. Let the taper begin. At their final meeting, the Federal Reserve decided to scale ,ack the Bond Buying Program convinced that the economys cumulative progress allows the central bank to ease up on its record stimulus. Chairman ben bernanke who has chosen successor janet yellen also carefully matched to that move with new language reinforcing the commitment to keep Interest Rates low for the foreseeable future. The bond buying which has swelled the Balance Sheet will be reduced to 75 b
After as investors take a breather and equities but not cold. Josh following the moves on capitol hill for the following confirmation of janet yellen. We will get to josh in just a moment. First, the white house says it will veto new congressional legislation that would toughen sanctions against iran. Senators from both parties introduced the bill earlier today despite appeals run the white house and secretary of state john kerry. Bloomberg International Correspondent just landed in washington after traveling overseas with secretary kerry and she joins us on the phone. Good evening. Good evening. The white house has threatened to veto this new iran sanctions bill. Dumping the president has not done before. Why is this such a sensitive issue . This is a very big deal. His administration has worked with congress in the past to try to adapt previous sanctions legislation to the something that the administration could live with. To come out and threatened to veto the bill, remember this is
Lets look at how all of this is playing out. Getting is up to speed is david. Good morning. We are watching these things today. You can take a look at what is happening and some of these markets are getting way now. This will change with the regional benchmark. There is not a lot for people to trade at this point in time. We have the developments on the weekend from the summit. There are a few things i want to mention. There are trades in singapore that have the government increasing duties on tobacco. They may be too early to lift restrictions there. Has copied prices and home prices come out in 30 minutes from now. Will we continue to see the . Ains in property prices stay tuned for that one. Inflation is the biggest threat to economies. That is one thing i want to mention. As far as currencies are concerned, a little change. Not really doing a lot at this point in time. Aussie dollar, there we go. I want to show you that the and what we saw was the biggest oneweek decline in its. In