Up. When you look at this chart, this is 7040 on your bloomberg. The correlation swings. Swings when you have dollaryen at Fairly Extreme levels. It weakens us we move into the midpoint where we are at the moment. A lot of calls coming through because we are entering the end of the first quarter. Dollaryentually see move lower a bit further at these levels. Its not good, but he could be worse for japanese equity. These influxest coming back into the emerging markets here in asia, none benefits more than south korea so far. Here is the index, about inflows coming in. We are looking at 3 billion now yeartodate. As you can see, theres a close correlation between the amount of money coming in, where the index goes and how strong the currency gets. One message from this is that local funds have taken a step back. Its a very good indicator that btv. Tv g in the meantime, here is ross with your first word news. British authorities are working on the assumption wednesdays attack in Central Lon
Up. When you look at this chart, this is 7040 on your bloomberg. The correlation swings. Swings when you have dollaryen at Fairly Extreme levels. It weakens us we move into the midpoint where we are at the moment. A lot of calls coming through because we are entering the end of the first quarter. Dollaryentually see move lower a bit further at these levels. Its not good, but he could be worse for japanese equity. These influxest coming back into the emerging markets here in asia, none benefits more than south korea so far. Here is the index, about inflows coming in. We are looking at 3 billion now yeartodate. As you can see, theres a close correlation between the amount of money coming in, where the index goes and how strong the currency gets. One message from this is that local funds have taken a step back. Its a very good indicator that btv. Tv g in the meantime, here is ross with your first word news. British authorities are working on the assumption wednesdays attack in Central Lon
Are 30 minutes away from the open in hong kong, china and taiwan closed for trading, but singapore and malaysia coming online, a slew of asian pmis, the markets have a lot to digest. Lets get it over to david ingles. Happy first day of the quarter, by the way. David and to you as well, heidi. Ofeak dollar story, a bit deals. The leaders across asia, a few flat markets. South korea. 5 , new zealand, singapore, we wont get into the details. Japan erasing earlier losses. Have a look at the currency markets, inflows, the south korean won, a big movement with high beta currencies like the won. 1111 predicted in the next few months. All right, put this up and have a look at the commodity markets, and no Movement Across energy. There was a big move last week. All the information has been priced in. Next key thing is what happens to inventories. That is what opec keeps saying. Look at inventories and the main data. When we moved to june, we expect the needle to be moved a little bit. The bonds
U. S. Policy . Yousef this is Bloomberg Markets middle east. Im yousef gamal eldin in to buy. Im shery ahn in hong kong. Yousef, all in the red right now when it comes to markets across asia. Virtually all falling. Not surprising if you take a look at the gmm and go function on the bloomberg. Actually asian stocks are now trading at a threeweek low. Surprising, the s p 500 was devastated. Its all the day guest intraday reversal in 14 months. We also had the japanese yen just continuing to strengthen for five consecutive stinks or five consecutive sessions. This being felt across markets in asia. Southern that markets gaining across the board. The is. Treasury reeled, gaining. What are you watching . Yousef in this part of the world, just two hours away from the opening of the markets. The uae specifically and to buy and be. This was the state of play. Aking gains up the back of Group Sentiment on the back of improved oil prices. We are seeing some interesting moves when it comes to any
Jinping hail some a success despite the threat of syria and north korea. A big week for markets as we get underway, not the best. A decenthaving session, but currencies commodities, a lot of event risks. Have a look at my bloomberg. It is 7629 on your bloomberg. , the benchmark across asia, still close to 2015 highs, but the box top right, things starting to rollover. Indicator, monetary conditions in china, something to watch, key inflation data out of china and new credit data as well. You have a Rate Decision out of south korea. Lets look at south korea south africa. Gr on your bloomberg. Watch south africa very closely. Downgrades,atings s p and fitch, last week. They are saying you have to watch out for more outflows as people are forced to pay back their positions if you are investment hold grade. South africa wont be one of them. We saw the bonds and the brand getting hammered and the rand getting hammered. We are 30 minutes away from the open in china and hong kong, singapore,