Mark vassella. This is Bloomberg Markets asia. Ishaad that rally continuing we have treasuries and focus. Goldman sachs making the call about what could happen if. Ields go up to 4. 5 looking unlikely at the moment. But who knows. Jay powell, two testimonies on capitol hill. Highly cognizant of global markets. He would be aware of the significance and scrutiny over these separate days of testimony. Up fory report, setting janet yellen 2. 0. He will be want to be treading carefully given the web saw sessions we have had over the past few weeks. Over withtrong hand yesterday pushing its 50day price action on the friday session. Where watching the opening in hong kong. Got a barrage of japanese numbers coming out this week. How are we tracking so far . Sophie we have stocks across the board gaining ground at the tie ask the taiex. We are looking for yellen 2. 0 from jay powell. Hovering around 1. 07 against that backdrop. We have stocks in tokyo led higher by electronics, telcos seeing th
Hours time, lets get a check on where stocks are trading with taylor riggs. We were having some technical difficulties. Taylor we will blame it on record highs. Lets take a look at the dow of almost 200 points, 20 , a record on the dow on friday was at 23. By 2575, nonetheless of broadbased again. The nasdaq up about. 3 . Lets talk about that. If you things i want to mention. Mazon is not is aup. Apple is rushing that off. Are getting an update from jpmorgan, 1180 is a number were looking at for here. Come into my terminal. Btv 10. You are seeing an uptick here, about. 8 on some of these things. Days ofr five straight the biggest losses weve seen so far this year. A lot of the things are making full recoveries as we head into earnings on thursday. Julia lets move on. Ofs week, no shortage catalysts for investors. Tax reform, President Donald Trump spoke about the impending legislation. President trump tax cuts will restore americas Competitive Edge and lower the crushing tax burden on
Haslinda indonesias president joko widodo has pledged to remake every inch. It is one of 10 areas. That means infrastructure like airports and roads, including some of the 1000 kilometers of National Toll roads. Adding to the challenge, the fact that indonesia sprawls across 17,000 islands and is home to several live volcanoes, including one place where people were recently rehouse after an eruption. Jokowi has implemented a raft of business reforms. Over the next 30 minutes, we check in on the progress of his vision. Three years into your presidency, do you think you have fulfilled your promise to bring growth and prosperity to this nation of 250 Million People . President widodo indonesia is a big country with a total population of 250 Million People. We want, of course, all leaders would like to bring prosperity to the people. Our Economic Growth, i think it is good. It is slightly above 5 . A country of this size with such growth, i think it is good. Indeed the biggest problem is s
Now he is taking me to , where they plan to boost the economy, making it one of the strongest in the world. This is indonesia jokowis vision. Haslinda indonesias president joko widodo has vowed to remake every inch. This is one of 10 areas pinpointed for terrorism, and that means infrastructure like airports and roads, including some of the 1000 kilometers of national tollroad promised. Adding to the challenge, the fact that indonesia sprawls across some 17,000 islands and is home to several live volcanoes, including one where people were recently rehouse d after an eruption. Jokowi has implemented a raft of business reforms. Over the next 30 minutes, we check in on the progress of his vision. Three years into your presidency, do you think you have delivered on your promise to bring growth and prosperity to this nation of 250 Million People . President widodo indonesia is a big country with a total population of 250 Million People. We want, of course, all leaders would like, to bring p
Getting some news from the International Energy agency. This is the balancing of Global Oil Markets has become less certain with opec production rising and little evidence that bloated stockpiles are shrinking as expected, while world of demand is climbing faster than initially estimated. Opecs implementation of the supply cutbacks of the implementation 30 come opecs implementation of the supply cutbacks needed to clear the inventory surplus has faulted to the lowest levels since january. That is according to the iea. That is a change from two months ago, when it said the rebalancing is here and was the shorting in term. Crude oil down by 0. 6 , 47. 44. Check out what is happening in the markets the day after that yellen testimony. The stoxx 600, as you can see, is up by 0. 25 . A big increase yesterday of 1. 5 , the most since april. The dollar spot index is down by 0. 1 , the lowest in september. Those comments on f inflation comes bring investors to lower their expectations. That na