Rishaad asia stocks under pressure, but Global Equities are at record highs. Lets bring up chart 5892. Ly is all amid this extreme low volatility. It is the worlds best regional rally in turquoise. The 60 day volatility in the white line has dropped 5. 9 to the lowest since 1988. In line with u. S. And europe, and the vix markets hitting new lows. The calm, but no storm, at least for the time being. Pause. May be a muted at lofty highs when it comes to emerging markets in asia, japan in particular. I dont think you can blame investors for taking a breather. Lets get it over to sophie with 30 market reaction. Sophie we have corporate earnings perhaps giving impetus to profit taking for japanese investors given those highs. Leadingei 225 benchmarks in asia lower here it asian stocks falling for a second session. I want to highlight the currencies space. The korean won leading losses as importers why dollars. B. N. P. Paribas says it is better late than never to buy the currency as cyclic
We have the world covered here on daybreak asia with the wrapup from the trade ministers meeting over the weekend. Help President Trump fared in riyadh shortly. This is daybreak asia. I am betty liu in new york. A. M. In just after 7 00 hong kong. Political risk will be dominating the headlines once again this week. The first leg of President Trumps middle east trip. It seems as so far so good, the opec meeting, the fed meeting this week, but plenty on investors place. Ceos like lots and lots of money being invested in their own home country, so pretty smooth sailing as you say, but there are still a lot of questions about the Political Risks. You saw Goldman Sachs taking down their target for the 2. 75 , ayield down to bearish a signal there. Markets have been choppy, but we have not seen total collapse. On jamesld depend comey when he testifies this weekend whether we get new information over the russian meddling scandal. See how things going. Asia kicking off so far, following the l
Get a check of traffic this morning. If you are getting ready to hit the roadways, good news, traffic is nice and light so leave now because that likely will not be the case later this afternoon as everyone is returning from their Holiday Weekend. Traffic expected to be very busy. Right now we are looking at the san mateo bridge and those tail lights making their way in the westbound direction out of hayward heading into foster city, a 14 minute ride, no major delays to tell you about if youre making your way along 101, this is right near 380 so just north of sfo, you can see traffic nice and light, you can also count the cars out on the freeway there, speeds moving right at the limit. We are seeing a few slowdowns approaching the richmond, san rafael bridge. No reports of any accidents. An update for you on that coming up in the next traffic report but first send it over to roberta and get a check on the forecast. Our live weather camera from our kpix5 studios, looking out past pier 9
Get a check of traffic this morning. If you are getting ready to hit the roadways, good news, traffic is nice and light so leave now because that likely will not be the case later this afternoon as everyone is returning from their Holiday Weekend. Traffic expected to be very busy. Right now we are looking at the san mateo bridge and those tail lights making their way in the westbound direction out of hayward heading into foster city, a 14 minute ride, no major delays to tell you about if youre making your way along 101, this is right near 380 so just north of sfo, you can see traffic nice and light, you can also count the cars out on the freeway there, speeds moving right at the limit. We are seeing a few slowdowns approaching the richmond, san rafael bridge. No reports of any accidents. An update for you on that coming up in the next traffic report but first send it over to roberta and get a check on the forecast. Our live weather camera from our kpix5 studios, looking out past pier 9
Get a check of traffic this morning. If you are getting ready to hit the roadways, good news, traffic is nice and light so leave now because that likely will not be the case later this afternoon as everyone is returning from their Holiday Weekend. Traffic expected to be very busy. Right now we are looking at the san mateo bridge and those tail lights making their way in the westbound direction out of hayward heading into foster city, a 14 minute ride, no major delays to tell you about if youre making your way along 101, this is right near 380 so just north of sfo, you can see traffic nice and light, you can also count the cars out on the freeway there, speeds moving right at the limit. We are seeing a few slowdowns approaching the richmond, san rafael bridge. No reports of any accidents. An update for you on that coming up in the next traffic report but first send it over to roberta and get a check on the forecast. Our live weather camera from our kpix5 studios, looking out past pier 9