Kuala lumpur trading getting underway and in singapore. We are heading up to the Lunar New Year holiday. And we have volatility and volumes are then. Let us see what we have at the moment regarding the session in this part of the world. Malaysiaore and joining the rise we are seeing in the region. We do have gold retreating for a fourth day. Moving further from the hundred level. Approaching as one high as we are seeing the yen stumble a bit. Aussie shares up 0. 6 with consumers stocks and banks. Metals are under pressure. Looking at the nikkei 225. Reversing thursday losses. See argy producer did contract cancellation for a power plant in australia. Declinectric on the after a earnings announced yesterday. Currenciesok at some. Bityen looking a little steadier. 60. After the cpi data. At 443 against the dollar. It has weekend about 5. 5 since Donald Trumps win. Suisse said recently that malaysia is one of the most vulnerable economies to a proposed border tax from the u. S. Along with
More actors beginning to mumble . We investigate complaints about the sound quality on some tv programmes. It is either too quickly spoken or they dont speak clear enough. Good morning. Its tuesday 11th april. Im annita mcveigh. Welcome to bbc Newsroom Live. In the last half an hour it has been announced Foreign Ministers meeting at the g 7 summit have not been able to agree on imposing sanctions on russia. They have discussed what options to take after a Chemical Attack killed 89 syrians last week. Us Secretary Of State rex deveson will be in moscow later to face the russians over their continued support for president Bashar Al Assad. They call it the family photo and its a family that used to include russia before it was expelled in 2014 when the g8 became the g7. The kremlin may not be represented at this summit, but its continued support for the Syrian Regime dominates conversation. These Foreign Ministers have been working out the precise message us Secretary Of State Rex Tillerso
Target and macys. Lets go straight to the markets desk and julie hyman. Its a pretty sharp decline. We have a raised all the gains. Its interesting that this is happening because yesterday after the fed minutes came out, there did not seem to be much of a negative reaction to the increasing perception we would see perhaps an increase in rates in june or july. Now we are seeing an acceleration and the clients since the opening bell this morning. Stock losses have about doubled as we have gotten out of the gate. This is what is declining the most. The groups in the s p 500 are lower with the exception of Consumer Staples, thank you walmart. Otherwise Telecom Stocks in energy and oil prices. That is part of the reason we are seeing the sell off is oil prices are off by about 2 . We got week supply data coming out yesterday. Industrials and financials and tech, its a broad taste selloff. Would be the bright spot and thats the reason Consumer Staples are higher. Thats dockets having its big
Lets go to the markets. Another day of calm. On the surface, things are calm. Who knows what we might be in store for the next week or so. If you look at the major averages, a little bit of green. Ultimately, not much. Futures were doing better before we opened the markets, but those gains have aired back paired jobless claimsad in line and in retail sales a little weaker than expected. The question is whether the markets are moving because of the economic numbers today will not be fed going next week or because investors dont lightly make the weakerta like Economic Data. Looking at some of the bigger movers today, apple continued to do pretty well. You are looking at it big jump in the stock of the past four days, up another 260 basis points today. Adding 60 billion in market cap. Goodyear doing pretty well. That is basically a story that a lot of the stock market has been about recently, which is higher payouts for investors. They were looking at wells fargo on the downside. That com
Equity markets come up switch up the board. The weaker dollar story, stronger yen. It is just the movement at the front end of the Treasury Curve driving the fx market. The curve more sensitive to what the fed may or may not do. Rates stand low for longer. We are just getting headlines from valeant. It isonth comfortable with the current liquidity decision. Airport in brussels will remain closed after last weeks terrorist attack. Senting passengers will be to the hangers to collect their bags and the departure hall will handle 1 5 of the normal flow of passengers. According to police, the what isasked someones post do when he has not seen his wife and children someone supposed to do when he is not seen his wife and children in 24 years . Republican president ial candidates backing off their promise to support the partys nominee. He does not says feel beholden to the loyalty pledge because hes been treated very badly. Yellen, it seems. T urging caution regarding Interest Rates, pushing