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will they face unanimous opposition? shery: it is it :00 a.m. across the emirates. this is bloomberg markets: middle east. i am tracy alloway in dubai. salamat.m rishaad we are seeing gains across the board looking at the gym and function we can see that equity industries are to the upside. what we do have our currencies in focus. i do want to discuss one market to watch out for and it is the karachi stock exchange. down 2.1% in the session on monday. that is taking it to near a 20% decline so far this year. that would indicate it is in the bear market. this is being compounded by the move into having emerging markets status, a lot of money got pulled out. it is a small fish in a big pond. but watch the stock. after comments made by donald trump where he singled out text on as a country that needed to get its house in order. that is one thing to keep an eye out for. the prime minister removed from office and there is a bit of uncertainty at the top. it is a day where ....
to streamline the assets. with shale we await the earnings. the preferred is a small amount of shale. welcome to bloomberg. ofto have plenty weversations for you and have the earnings anticipated. shortly.l be joined let s talk about the relationship. what you got at the bottom is a relationship with a correlation and stocks had and falling. everybody said the rally was over. this is testing boundaries. and the the euro 6% and have drop over that theygists said will have the upside between now and the end of the year. told you that relationship is hitting the boundaries. putting all of this into the context with the view of a strategist saying that this is yet to come. there are some small gains coming up. the founder of this hedge fund said he is worried about impaired government efficiency. it is this kind of thought process in the investor mindset and attitude. it is something that one across that suggestion and the dollar yen is in their. this is when we h ....
25% jump in earnings and vowing to restart its dividend. happy holidays for intercontinental. shares rise as the hotel group increases its dividend on higher full-year profits. the ceo tells cnbc the impact of sterling weakness is muted. it had marginal impact on us on the year, it reduced our overhead cost on sterling, but we had an impact on revenues because we re dollar-based, report in dollars. as far as the rate, very little amount. good morning. let s kick things off with a bit of data for the eurozone, that looks to be stronger than forecast. market february flash composite pmi came in at 56 versus a reuters pole of 54.3. this 56 print, that is the highest since april 2011 that follows upbeat data from germany and france this morning. in germany, private sector growth the fastest in three years, and in france, the composite pmi at the highest level since 2011. interestingly enough, also prices rising. that obviously could crimp growth going forward. now by ....
yesterday, nintendo also. we are still talking about this tailwind or headwind. every single technical indicator was telling you that. techcrunch reporting that the game will be launched in japan. on a tie-injournal between mcdonald s japan and pokémon go. be a sponsor of the game in japan and making its restaurants key locations for game players. australian construction and 20%,eering stocks, down the most since 2004. asia is looking like this. it looks like a softer day. it is not exactly off the cliff. market has been on its own path the last few weeks or so. liquidity is the main story across markets. acrossup valuations emerging and developed asia. given the week lead from wall street, stronger dollar, mixed earnings, this is what asia would look like for the rest of the day unless we get a major positive catalyst. data expected out of the asia-pacific. rishaad: i am avenue freeze on mf revising down global growth. has also revised down japan s growth as well. to ....
welcome to countdown. we are encroaching on ¥100 to the dollar but we are keeping a close eye on where this next leg in the dollar goes. is this a yen strength story or is it a dollar weakness story? i would contend this is now more eight dollar weakness story. the fed is fading. the dollar is down for a third day, the lowest since brexit. the last time they posted a trade below 100, that was post brexit. that thehown 80% odd yen will touch 100 in the coming months. it looks quite sneakily as if it might get through today. mulls theams possibility that 2% inflation targets are no longer really that relevant and they are not welding not working. the flows in dollar-yen over the past hour have been significant. they are hitting record levels in model funds and they are filling in the asian session. keep an eye on those. let s look at the risk radar. little bit lower as well. you have the dollar index down for the third day in a row, the lowest since brexit. atan equi ....