This is Bloomberg Markets asia. Lets have a look at whats been going on. There has been a steeping of the yield curve going on, more flattening taking place. What we have is perhaps an economic slowdown in prospect. Lets have a look at this chart. It goes back to 1986 and it tracks whats going on in the white line into the two to 10 year yield spread. That is indicated by this axis here. Just over 60 basis points between the two of them. The green line is where gdp is. This is inverted. You can the lowest number of growth here, 4 contraction. What happens next is that the yield curve perhaps sees more flattening. We see growth has been improving of late. What happens in the future . We have a strong correlation between the two of them. One of the head scratchers in terms of what we been looking at this year. We had off to christmas break and volatility has been settling going lower, that if we can hold on to the moment in what we are seeing for this rally, we are going to see the asiap
Calls for immediate access to the alleged site. Good morning, everyone. Good friday morning. It is the final trading day of the week. Ross is still out on vacation. He will be back with you next week. Meanwhile, lets come back to one of our top stories. Nasdaq ceo in his first comments after the glitch that halted trading for three hours on thursday is calling for Higher Standards for exchanges. He tells the wall street journal, our systems and the industries have to get to a higher level of robustness. The journal reports nasdaq officials internally pointed to a connectivity problem with competing Electronic Exchange as the trigger for the technical issue that forced the trading halt. Arkia wasnt named in the official statement and the they have declined comment. Nasdaq officials believe they should have been able to manage the connectivity problems. Reports say nasdaq was able to fichlt issue in 30 minutes but didnt restart trading for another two hours due to the need for testing an
China's stock market on Monday gave the thumbs up to Friday's new regulation comprising 31 measures to streamline major shareholders' reductions in their equity holdings, with the benchmark Shanghai Composite Index gaining 1.14 percent to close at 3124.04 points.
JPMorgan is 'positive' on China stocks and 'constructive' on real estate as Beijing props up markets – NBC Connecticut nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.
JPMorgan is "positive" on China stocks and "constructive" on its real estate sector as the world's second-largest economy strives to prop up its equity and property markets.