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Transcripts For BLOOMBERG Bloomberg Markets Asia 20170612



business confidence is plunging. haidi: more disappointing news from the factory floor and japan , machine orders slumping, producer prices staying flat. rishaad: the long and short of it, hong kong stocks being targeted by skeptical researchers. of course all this political drama, the british election, james comey and his testimony to congress. having a look at gold. start toshed in and buy gold at times like this as a haven play. this is #502, a look at the last three weeks. have had three weeks of gold prices falling. never mind if you look at gold in sterling terms, but gold is priced in dollars. we could be heading for a negative fourth week third week for gold as well. haidi: that s right. you mentioned that excellent point about gold being a currency play. you look at this chart. it is showing that correlation of the prices metal priced in sterling gaining 2.2% after that calamitous result in the u.k. of election. that is very much isolated when it comes to bul ....

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