Nikkei 225 coming online. We are below 40 k. Tech is the sector we are tracking because we had ample under pressure. Tracking the yen around 150. Any speculation for a policy shift is something we are looking at we are seeing japans biggest bank positioning for a rate lift off. Watching plans quite closely. Lets look at korea. We had numbers out in the last hour. Greeting picked up then there was a holiday coming into this because we saw higher food prices, higher transport costs because of the core reading when you strip out food and energy. Our Economics Team is saying we will not see a shift until the second half of the year i mentioned china woes. The drop in fine sales has played into apple prices. You can see weakness, a reflection of a company that takes revenue from apple. Haidi is tech leading declines in australia, a couple of big names and a couple of cuts. Broad retreat with the market close to highs. Downside pressure in sydney, jp numbers are due today. Growth flatlined a
These are the biggest and the fourth Largest Companies including topix waiting. Definitely going to tell us how much companies are benefiting as well from those twin narratives of the weak yean and airelated booms. You have the nikkei coming online, 1 to the upside so far. Japanese yen of course, we have been tracking that trading. It has been fluctuating, but trading a little bit to the weaker side this morning and moving back up to that 154 mark. We did hear from finance officials in japan early this morning. The vice finance minister saying they are prepared to take appropriate action if fx moves are too rapid. But we have been speaking with different traders saying 165 could be possible by the end of the year. That is the state of play. Lets switch and take a look at korea so far on the session, because you are seeing more moves here to the upside. The kospi up 1. 6 , a little bit of strength coming into the korean won this morning. Reflecting the moves we have had in wall street o
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