In new zealand and in germany. Before germans went to the polls, we did see what was going on with valuations in the benchmark dax. The dax is showing Equity Investors are not conflicted. The dax trades at about 13 times its expected profit. That is well below msci priced ratios. Ndexes overweight. Just half an hour to go before we get these art of the session start of the session in hong kong and shanghai. It is now 135. There has been guff of Interest Rates going up. We have been doing this for years. Once has oit faulted. Rashaad every time i go to england, my trip becomes more expensive. Entering the 4th quarter. High grade. F expect thos three to hike. Equity markets doing good. Japanesef the weaker yen, it is no longer here. A little into ems. Getting out of the bond markets, we are seeing yields of. Up. Percent. Is up 0. 4 starte seen a downpouturn to flow. Watch out. This is your 200 day moving average. There is your chart. 51 on our terminal. We could be talking about election
Waste of time and he is going to do what must be done. And even though some of the major markets are closed, investors are going to keep eyes on simmering tensions in north korea. We are going to get the Hong Kong Survey for the Fourth Quarter out of japan. Theyll get a glimpse of how businesses are feeling about the economy. You were just mentioning the top of the headline about shinzo abe and his prospect. Represented by the blue line here. That certainly has benefited exporters. Recentlyn see, as of we have seen that. With thehat has to do Dollar Strength we have been witnessing. We are going to look at how businesses field. Sincest monthly gain february. Losing a it of speed wrapping up the Fourth Quarter on friday area we see record profits from japan. Here is how we are faring so far in asia. Not a whole lot of action with markets in new zealand kicking things off. Down a fifth of 1 . Strength easing on this monday. We are seeing up a fifth of 1 . Looking for a slight improvement
Miner and one of its top Power Generators talking about a 267r the could be worth billion. Rishaad noble facing another difficult day after its new york listed shares tumbled, it singapore listed stock at a 17 year low. Indeed, noble sure starting trading again, but lets start off with the big stories of the day. Sterling, the at election in the u. K. Taking place on thursday. What we have been seeing is that these terrorist attacks have not had that much impact when it comes to the polls, and indeed by influence, what is going on with sterling. Sterling has been beholding to the polls in a different sense. Show how as the labour party has been doing better in recent weeks, recent days even, we have seen of oars weakness for sterling. True when we had of course the pound weekend for the tories, so an inverse relationship if you will. It seems these terrorist attacks do not have a huge political implication running into that thursday poll. Side i suppose the other you could look at in t
Using a chat room to rake foreignexchange prices. Ago, before we get underway in hong kong and china. Singapore, taipei, and kuala decoupling up through what happened in the u. S. Again struggled to get to that 20,000 level in the dow. After what we saw in wall street, in asia were headed for the best january. There was a surge we saw in metals. We see chinas factory prices accelerating. Highest arises in a month. Ls on the rise there. Elsewhere in the region, extending the rally for a seventh day. The sbi closing at 7000. The highest since november 2015. The nikkei up 0. 1 . The yen, a two day climb. Carmakers and Electronics Producers among the biggest gainers. Toshiba up 4. 8 . As 5. 8 . Ising as much here is a look at what is going on with that stock. We have seen it surge on signs lenders will support the japanese company. Banks say toshibas main have not had financing since february. It may be difficult to receive loans. There wast toshiba warning of a writedown on their u. S. Bu
We are 30 minutes away from the open in china and hong kong. A down market at the start of this trading week. A lot of event risks on the horizon. We hear from President Trump in of first joint Session Congress speech. We are seeing a stronger yen, weighing down the japanese markets. Lets get straight to Sophie Kamaruddin at the market board for the latest. Asian i down monday for stocks after a weekly gain of. 5 . A lot of event risks on the horizon given trump and yellen due to speak. Gdp datahe lookout for from india, australia, china pmi , Housing Starts and capital spending. Inanese shares focused today. , so setei 225 down. 9 for a fourth day of declines. Some equity movers in focus, toshiba falling 3 , the day to day swings as speculation around its chip unit sale. Friday, it announced it may consider selling a majority stake in its chip unit to a thirdparty, but chipmakers also in the red. In korea, the kospi in the red. Deepening losses. Dram chip price growth has slowed in fe