Suisse afterfor a takeover after apple terminates its chip supply deal, helping shares in the uk firm recover some of yesterdays steep losses. Asos falls out of fashion with investors despite raising its fullyear sales guidance. Good morning, everybody. Thank you very much for joining us. Glad to be in your company over the course of the next hour. We have a packed show. Loads coming up. Have an fx guest just making his way into the studio, i see. Get your questions through nice and early so i can use them on the show. Doesnt help when they come in after the show is over. Find us on twitte twitter, louisabojesen, or streetsignseurope cnbc. Com. Well talk about whats taking place with regard to south africa, venezuela interesting as well. Heating up there. Well hear more about the latest on the french elections. We have this second televised debate taking place this evening. European equity markets relatively mixed. The ftse hanging on to slight gains, 7. 318. The xetra dax, cac, ftse m
New zealand this morning expanding in early asian trading. It is down 1 . 20 is your level there. We are also counting down to the opening of japan and korea. Closed one25 last point nine percent down at the 15 391 level. Is going toe it drop precipitously below that 15 thousand mark. That is according to futures trading in chicago. That is continuing to see the most inter the endgame four months. Investors very sensitive at the moment. We are poised for a rocky session in asia to start off the week. Most indications are pointing to a selloff across the region. David dingus is here to tell us why these red arrows continue to dollar yen. This highlights the flight to safety. There is a flight to safety in currency and sovereign bonds. Onyou look at what happened wall street on friday, it does give an indication that theres going to be blood in the streets in asia today. It will not be a pleasant session. Have the fomc decision coming up. You have possible contraction in chinese manufact
Europe and the u. S. On friday. That continuing in the asiapacific as well. Servile atmosphere. We are following it very closely. A serious situation with these emerging Market Equities and assets selling off. Taking investors by surprise. We are seeing developed markets now following the declines that rish talked about on wall street and in the european session friday. Check out the kospi and the nikkei. Significant declines for japanese equities. 2. 5 today. We are watching this very closely. This is the broadbased move to the downside. No Industry Group appears to be spared. Check out the initial trading action in singapore, malaysia and taiwan. It is early going but we will be closely watching those Southeast Asian markets. Jakarta, for example. We will be watching thailand later when that session gets underway. No trading in australia today. In new zealand, the top 50 index is down by 0. 75 . The selloff is apparent. We will be following it throughout the course of this morning an
BRL: Focusing on the fiscal
The Brazilian real is having a slightly better week. Its $2bn first-ever ESG offering has gone well, where the seven-year note was