Probe makingrussia itself felt across the world. Have a look at gold. This is chart 6129. Fridayback into gold when the news came out that thatel flynn will testify President Donald Trump instructed him to reach out to the russians. We are under 30 minutes away from the open. Lets find out more from sophie. Could berustrating , today looking like. Afternoon,ndia this but looking at the moves in singapore, taipei, lets take a look at the open. A fairly mixed a session so far. For singapore, but some pressure for stocks. I want to show you this chart. This is one of the big moves so far this morning. Chart 6173, tax concerns outweighing the Michael Flynn drama. The 10 year treasury yield is climbing up of 2. 4 this morning. Even as the dollar is rising, we are seeing bearish dollar positions rising again despite the positive economic actual for the united states. Holding a the kospi threeday drop with the korean won under pressure. ,his is the yen is slipping 112. 78, and the aussie unde
Beijing may finally be winning its war on smog. Plenty more on those stories over the next couple of hours. Calendar today is trade numbers out of china for the month of december appeared rounding out has been a year of significant recovery when it comes to chinese exports in particular. 5643. After the declines over the past couple of years we do see two years of decline followed by that recovery. We are looking at december, a 10 year on year rise when it comes to exports coming in dollar terms. Thats a little moderation from novembers 12. 3 rise. Imports looking to pick up significantly. The brighter spots in that. Continuing to paint a picture of synchronized global recovery. Such a stronghad base to come off of in 2017 we might be struggling to hit doubledigit numbers in 2018 for exports. Certainly there is also the cloud of trade tensions between the u. S. And china lurking ever in the background. We are 30 minutes away from the opening china and hong kong. Sophie, we were thinkin
In a week charged with political buzz, the BJP government came back to power after a stormy election, but without a full majority that left it dependent on the whims of its alliance partners. Unnerved, the markets went into a tailspin on counting day, with both benchmark indices, Sensex and Nifty50, dropping 8% intraday. They recovered a day later as hopes of a stable government revived.
Happy Wednesday! Top bosses at some of the countrys leading IT firms took home enhanced salary packages last fiscal. More on this on todays ETtech Morning Dispatch.
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