Chinas late rate cut. The asian market had to wait to this morning to react to that. Lets get to david inglis. The s p 500 futures in indication of how the u. S. Might go. How was about playing out in asia . David similar. What we saw in asia was the futures down. As the morning progressed, things did get slightly better. Lets talk about the shanghai composite first. It is having one of those violent sessions, it opened slightly higher, swung down 3. 5 , went down to about 5 , now we are up 2 for the day. One cut, thank you, but analyst pointing out for us that he is saying yes, rate cuts help. But trading will 29. 93 is the, number for the shanghai composite. Japan is the big player right now. This is what is really listing the asiapacific benchmark at this point. Have a look of the japanese currency weakening right now. Money is getting out of risk back into the securities. 119. 69 is the number right now. That being said, you put all of this together, it should be a much better day
Low. Multimonth low for a lot of asian indices here. Two things here. Fist is were seeing demand for safe havens now. A little bit picking up a little bit. Yen 107. 12 against the u. S. Dollar and that brings up the u. S. Dollar index. If we can get it up for you. One more try. Here we go. Its run up over 7 over the past few months or so. Again, its being scaled back right now on expectations of the u. S. Rate hike may be pushed back further. Why not, comments from a number of fed official thats they may actually need to put that up a little bit given growth out and perhaps implications that may have on the u. S. Economy. Aussie dollar, for example, dollar index flow, aussie dollar, of course, over the course of two days you can see a spike up,. 6 . But risk aversion today. Largest speaking still persisting despite surprisingly upbeat trade numbers out of china. I will leave it there. Be back with more whats happening elsewhere in the markets a bit later in the show. Back to you. Indee
Became the first player from Austria to represent his nation at the Ryder Cup when he made his debut at Whistling Straits in 2021.
Became a multiple Rolex Series champion in 2019 when he sealed victory at the Aberdeen Standard Investments Scottish Open, overcoming Frenchman Benjamin Hebert on the third play-off hole at The Renaissance Club, and the Italian Open later that year.
His duo of Rolex Series victories - and a third win of the year at Made in Denmark presented by FREJA - helped the Austrian to a career-best third place finish in the Race to Dubai.
Defended a title for the first time in his career as he won 2021 Made in HimmerLand presented by FREJA, cruising to a five-stroke victory and an eighth European Tour title.
Won twice in France on the Challenge Tour in 2010 to rubber-stamp his ascent onto the European Tour.
Won his first European Tour title at the Ballantine's Championship in 2012, quickly followed by the Lyoness Open.
Won the Open de France in 2015 and Shen
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