Help Small Businesses and farmers. It is 8 00 a. M. In dubai, 5 00 a. M. In london. Im tracy alloway, this is Bloomberg Mark this is berg markets middle east. It was a dramatic end to the corner, with a sharp uprise move in the u. S. 10 year yield. It ended the carter at 2. 33 . When we started, it ended the quarter at 2. 33 . It started at 2. 2 . The dollar resurging after months of weaknesses. Fdxlly, u. S. Stocks continuing to rally. In the fourth quarter, we have a number of big events that coming up, including the 19th National Communist Party in china. Before them, lets take a look at how u. S. Markets fared on friday. We did see interesting moves. The nasdaq composite and russell records onreaching friday, after a report that donald trump and treasury secretary Steve Mnuchin had met with a former fed governor to discuss the possible role as fed chair. You can see this at the kbw index, at its highest levels since march. As we get that resurgent trump reflation trade, lots of int
Interplanetary travel. Hello from sydney where it is passed 9 00 a. M. I am paul allen. This is daybreak australia. We are at our away from the open of the first major market. Betty it is after 6 00 p. M. Sunday evening in new york. We are looking at how all of the action on wall street will play into the asiapacific trading day. We have got a lot of news to digest, everything from what happened in spain, the rioting there with the police to the tankan survery in japan, as well as this revelation we had that there are direct negotiations between the u. S. And north korea only to discover it seems by the tweets from President Trump. Lets give a quick reminder to our viewers on what happened in the u. S. Markets, it seems years ago now, but on friday. Lets pull up the board. The s p continued to rise. The dow also up 24 points, the nasdaq higher 0. 6 . Investors continuing to digest tax reformof the package. We are expecting in a few weeks to hear from President Trump about a new fed cha
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
We had these purchasing managers indices out of china. Gauge, fiveyear highs the unofficial passion days,n manufacture slipping to 51. 6. The prithe deficit that has from the official one. We have some of these large firms distorting things. Large firms are feeling bullish. So. L firms less tailored toa move shore up the economy. Pboc announcing it will reduce the amount of cash the banks must hold in reserve. The economy where it has been scarce. Its not the only pmis we have had. The few places in asisa, asia, the markets are trading. Most closed for a public holiday. Pmi in japan. Haidi we had the pmi data from the nikkei business morning. We had japanese stocks building on gains. Boding well for corporate warnings in Japan Corporate earnings in japan. We we ending higher and sellingng for seleign for chinese stock g for ringgit stocks down. Is sliding except for the hong kong dollar. They could be under pressure given the retreat we are seeing in oil. Falling after setting the two
Asia. A brandnew trading year gets underway in hong kong and china in just under 30 minutes. Singapore and taiwan just starting theirs. For a look at what its going on, here is david. David the regional benchmark is flat. If you take japan out of the equation, of course. A positive start to 2017. That being said, australia is at the highest level so far this year. Tos goes all the way back june of 2015. That market momentum seems to be filtering through into 2017. We are not looking at any sort of volume there. At this time of the trading day. 2031 is the level for the south korean benchmark. Japan is closed, but futures ares ill trading. Still trading. Singapore 120 points to the upside here,. 9 . As soon as japan is open, we will be getting a decent bench for that market as well. Three markets opening today, malaysia, taiwan, singapore. Somen have a look at how of these benchmarks are trading early on. The tie index had a very good 2016. A lot of that comes down to the apple effect,