Asia Angie News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Asia angie. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Asia Angie Today - Breaking & Trending Today
9. 9 billion so far has been used. Talking about the Market Street in hong kong and elsewhere in the asiapacific. John woods joins us in a few minutes to talk about how to adjust your portfolio. Equities still the place to be, but there are perhaps more tweaks needed. Angie joining us is the former the wto herest for in hong kong. It will be interesting to get tradeoughts as to how will possibly stimulate these moves in the equity space. Lets take a look at the market. Blackrock saying the potential for asian stocks to move higher is there. Gmm is the function on your terminal. Here is a trading halt to tell you about. Is notpaint participating in this rally we are seeing today because of a m a. Ion on it could be possible affirmation of a bid. Check out what is happening, hong kong above 30,000. We are waiting to see whether or that recordbreach setback in october 30, 2007. That is definitely the first time we are seeing it above ....
What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope ....
At the same time, debt to income at record highs, largely on account of runaway property markets, how much households are leveraged. Will bekeeps up, there a problem when it comes to consumption and retail sales. For those reasons, the rba is expected to sit on its hands. Options at the moment, just wait and see future data. The composite index coming in way better than anticipated. Reflecting what happens to the manufacturing data in official and nonofficial iep. Looking forward to trade numbers out of china, and fx reserves. Its about the yen, gold, and markets generally. What we see with north korean tensions, what do we have . Last time we checked, gold was maintaining gains. Investors assessed these risks. We have havens picking up on momentum. Gold up about 2 10 of a percent, per ounce level. The dollar yen trading at 109. 54. The yen gaining ground. That is putting pressure on stocks in tokyo, leading the drop in asia along with shares you look at the hang seng. Trim somewhat, b ....
To global reflation. Equally important, the data out of china. Have a look at this bloomberg chart. Uptick were expecting an , but not this, 6. 3 , now back above 6 . Here is your base effect, steadying, and pick up right there. Bloomberg intelligence is telling us in a note is that it might the sentiment driven. Is it supply side . Partly. This could turn, but that the in said, if you did have to choose which industries are benefiting, look up stream, steel. Downstream, not quite. Upstream, steel and rebar prices, closely coal related. You can see where that one goes. Very interesting. We will be flushing out that story and a few moments in Market Reaction when markets open in hong kong and china in 30 minutes. In the meantime, singapore, taiwan, malaysia coming online. Sophie, currencies, but the equity markets so far. Sophie these are equity markets. Higher byeing led tokyo and seoul, korea. Some marginal losses for stocks in ....
David right, a big week for markets. Japan is closed. Have a look at where we are. We talked about 2500 on the s p 500. Asian shares are at a 10 year high. Where does that take us . Have a look at this chart. You the ups and downs of momentum. Might haveare that pushed it below trendline in early july. Rsi almost dipping below 40, but rebounded nicely. This shows you that the bull market remains intact. Japan is shut, some not a lot of updates. It is still risk on. Not a lot of appetite for haven at the moment your it could at the moment. It could change this week. Lets get you to the open up markets. Sophie is tracking all the moves monday morning. Sophie the flavor this morning is risk on. Singapore joining the upswing along with the taiex. The malaysian ftse down. Haven assets, the yen and gold on the back foot. The dollar rebounding from the drop on friday. The yen is down. 3 . This could be the unwinding of positions. We are seeing liquidity given it is a holiday. The key data poi ....