Rishaad japans recovery on track, growing for a fourth straight month, the best performance since 2008. Investmentaba the to in chinas largest hypermarket chain. Rishaad we started with the markets. 6647. S a technical chart it is showing a double top formation. Msci asiapacific index slipping from last monday to friday, halting a rally that had lifted 6 . The asian gauge risk of a p technical pattern, which means the path of least resistance would be to the downside after it hits it. Fatigue, ifse of nothing else, creeping into the markets. The u. S. Session, thanksgiving towards the end of the week, and in asia, a loss of momentum of the that continuation japanese recovery story taking place. This week is all about centralbank minutes, the ecb, rba, and the fed. Four for rate hikes in 2018 supported by the october minutes. David im looking at the wti screen to show you the nuts and bolts. Sophie the kleins for the despite25 and the topix trade data indicating the best performance now
David as we mentioned, market taking a pause ahead of the fed. Where are we . Fx flat. Not a lot of i am right now. Lets take a step back. That is your forward multiple across the group. We put that together with the earnings yield and blue. That tells you they have outpaced revisions upward. E are currently above it gives you yield gap just just above 4 . Open ofes away from the markets. What are we watching . Not very excited about today. Sophie you can smell the caution in the air. Taking bigiding positions as we wait for the fed. The kospi had a session low. Aussie stocks leading laggards, falling for a second straight day. Telecom stocks on the back foot. The currency space, the aussie under pressure, perhaps sliding given what we futureing in iron ore, slumping 10 in the past four days. He dollar is rebounding the hong kong dollar higher. On tuesday, it jumped. Investors seeing a bit of a hangover after yesterdays advance, the most heavily traded day for japanese stocks. Near a t
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