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Markets in the weeks ahead. Still pumping more oil into the market from saudi arabia. It comes to the coronavirus story that continues to dominate, President Trump says the u. S. Should be prepared for a painful couple of weeks. Infection rates continue to rise in the u. S. We are hopefully seeing some stabilization in countries like spain and italy. Overall, the global infection rate has passed 800,000. Yvonne. Avon the ecb scrapping european banks. Thats what is weighing on the hang seng. Earnings coming through, really a key indicator in the next couple of weeks. Autos reacting negatively. Down six. 5 . The pboc should impact further cash injections and local authorities should issue more infrastructure bonds. Supporting the economy amid the worsening coronavirus pandemic. Selina wang joining us now from beijing. How significant is this . How should we read into that yvonne that . Selina those pmi numbers coming in better than ....
Japanese currency very much reflecting the dynamics between the boj and the fed. And again, the expectation the boj will be staying easy, very accommodative over the coming months, being reflected in the latest meeting minutes. Saying members most expect financial conditions to stay easy and that they will be making decisions based around more domestic factors, things like the economy and whether we see price pressures and anything being sustained. Japanese equities under pressure. The nikkei 225 down. 7 . The u. S. Session a little mixed overnight. We saw initial relief rally but into the closed it was a story of chip and ai hardware names weighing on the market. The likes of amd and supermicro. Lets switch because it is not just japanese government officials concerned about the currency direction. You also have korean ones as well saying they will be taking bold steps if market volatility does not increase. They will also be closely coordinating the government in the b. O. K. Amid th ....
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By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set for a strong start on Monday, extend. ....
Usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers. ....