Freezing output to give prices of those. Tata steel under investigation in britain. An internal audit showed a lapse and procedures. Follow me on twitter rishaadtv, dont forget to include trendingbusiness. China markets underway at the bottom of the hour. Singapore, taiwan, malaysia starting off. Started with dollaryen. It has been the story going back to the first of april. In fact, just a few minutes ago, we were below the 108 handle against the u. S. Dollar. Briefly above that level at the moment. Analysts if the boj will start to intervene, chances are according to most, not yet. Chance of intervention is quite low according to the bank of singapore. Level look at the average where analysts think the boj might step in, 100 dollaryen. At this level, that would mark the confirmation that the psychology around the currency has completely changed, so watch this very closely. Which brings me to the Japanese Equities session, 15,000 617 is your level here. Will the strength and the japan
We are checking markets in the asiapacific. Stocks gaining a 10th of 1 . New Zealand Dollar continues to strengthen on the weaker u. S. Dollar. Counting down to openings. Futures and sydney pointing to a lower open, but flat on the session. , but wee how it goes did see a selloff in australia on friday. Onck out that aussie dollar the back of u. S. Dollar weakness. When we talk about strength, lets take a look at japan. This is the level right now. At the 18 month high, and worrying exporters and the boj. Futures in chicago pointing to a higher open as oil climbs as well. Yen, searching last week to the highest level since 2014. This is a rally that has confounded most currency strategist. Were taking a look into this. Theres one to you that says we should be looking at the yen through the prism of the bond market. , traders,estors everyone scrambling to explain this meteor ascent for the japanese currency. Through at make sense lot of metrics. Theres no indications that abenomics is t
As stronger yen sparks fears over the bank of japan going deeper into negative Interest Rates. Thats something that spooked the market before. Well look whether this last for banks. Our yields have gone lower as well. The white house meantime this may be one of the reasons the selloff, the white house this afternoon saying treasury is working on even more steps to counter tax avoidance after the changes to inversion rules they announced earlier this week and ceos were showing you there are speaking out against antibusiness rhetoric as they see it. Well tell you what they are saying and we have two Business Leaders here to debate the issue of whether the u. S. Is losing its Global Competitive edge. That really is one of the reasons were down 222 points. Searching for the next great business leader, under armour ceo will join us, his stock price is coming up as well. Lets get to the closing bell. With us, ann meletti, brought the rain with her and rick san telli and keith brliss. When yo
Good morning, everybody. Its 6 a. M. The 2016 president ial candidates scoop up delegates in the west and now theyre bidding for love right here in new york. Clinton pulling to win big in the empire state while sanders pushes onward with a very packed schedule in brooklyn. Were live in coney island where hell host a rally this afternoon. New information about the attackers who struck brussels last month, where they plan to strike first and why they decided to strike brussels instead. Good morning, again. Looking at a live picture of midtown of. Sun beginning to come out. Its another cold april morning, thats for sure. Its like december out there, the real december. It is. But it is april, sunday the tenth. Im rob nelson. Glad to have you. Glad youre back, tony. Always good to work with you. I wish i could say its always good to work with the weather department, but with weather like this, its not. Becoming bitter and angry. It was wild the last 24 hours. There was a freeze warning this
The freeze warning will lift and warmer temperatures are expected tonight. Were about ten degrees warmer tonight than last night. Clear skies take us through the second half of the weekend. Lots of sunshine and temperatures pushing towards the 50s. Upper 40s is where well stop. Light rain will come in before dawn tomorrow morning. Ill have details coming up. The next seven hours look good. High of 48 today in new york city. Accuweather 7 day coming up next. Tragedy to tell you about. A former nfl player has died after a violent altercation in louisiana. Former saints defensive end, will smith, was fatally shot in new orleans last night. Smith was driving with his wife when he was rearended by another car. The driver of the other vehicle shot smith after an argument and then also shot his wife. Smith was pronounced dead, his wife was taken to the hospital, shot twice in the leg. The gunman has been arrested. In upstate new york. Also, a 30yearold man is the bronx. Washington was stabbed