Lets have a look at what is going on with these markets. We would normally be looking at the nikkei, but tokyo is looking at the public holiday. There we go. Taiwan moving to the upside. Hang seng adding to some of the gains. Overall, we are seeing a mixed bag. Shanghai is lower. The asx 200 not having a good time. Lets have a look at the other Asset Classes which are perhaps on your radar here. Kicking things off with a look at gold, just down a fraction. Investors are sticking to their guns. We have seen it shifted to gold ever since the middle east tensions did come to the fore with the downing of that jet and the killing of general soleimani as well. 1556. S just at the moment 98. X crude, oil holding onto the biggest weekly drop we have seen since july. Easing tensions regarding whats going on in the middle east. On top of that, the pound is a little bit lower. There is the possibility of a rate cut. The bank of england policy maker showing that there are no signs of the economy i
Pressure mounts. Shery the volcano in the philippines shots schools and the Stock Exchange, warning of a violent explosion. Australian markets have opened for trade. Lets turn to sophie. Sophie stocks opened to the downside, off. 2 after the best week of the asx 200 since february. We are seeing beach energy under pressure but Australian Oil companies should outperform in 2020, although looking for caution around oil prices in the back half of the year given expectations for additional supply which has taken the wind out of oils rally. The oil rally. Oil had the worst week since july. Lets flip the board to check in on cable. We are seeing cable under pressure. Looking at how it is doing, moving towards the 130 scandal. 130 scandal. Here,g into the terminal want to give you the heads up the Philippines Stock Exchange has been close to their rolling along with schools and the middle miller the Manila Airport in the week. Here is where philippine stocks are. This is asias worst performer
Seeking 1 billion to get out of its iron ore joint venture in brazil. Betty a billion dollar headache for bhp, a 7 billion windfall for jpmorganwells fargo, that really propelled the market higher on friday. Along with that inflation data. In record territory in the u. S. , what a month it has been. Lets quickly pull up the boards to see how much we gain, the s p closing at a record, the dow adding over 200 points, the nasdaq also higher. I get the feeling a lot of this will be as the markets are so high, a lot of it will depend on the news we get this week, including earnings, the higher the markets go, the more vulnerable it might be to pullbacks. And many of us have wouldhe first of 2018, we see a pullback, it has been dead wrong so far. Saying thech, biggest on record. Find the bears are throwing in the towel. Looking to see some gains with the u. S. Markets closed for the holiday monday. This is how we are faring in new zealand, about 1 5 of 1 . 72. 47 for the qb right now. Thedol
Feeding Market Information to a swarm of japanese traders. Can you get more exuberance into this market . This fomo trade when it comes to equities in the u. S. And global, 24 billion flowing global sixth largest for inflows. ,hen it comes to u. S. Stocks 11 higher than its 200 day moving average, the whitest cap since 2013 idest gap since 2013. We do have a Public Holiday when it comes to u. S. Stocks on monday, so a wellearned rest when it comes to some of these u. S. Stocks and the recent rally we have seen. We have some breaking news when it comes to xiaomi. Considering chinese banks when it comes to their ipo, but sent to have chosen Goldman Sachs and deutsche bank, as well as Credit Suisse and Morgan Stanley, so more color on that story. Fromhotly anticipated ipo xiaomi, once a top contender when it comes to the smartphone space, a real disruptor for that space. 30 minutes away from the open. Singapore, taiwan, and malaysia coming online. Sophie taking a look at market action. Br
Amongst the dollar weakness euro strength and that means european stocks are finding it hard to make any headway. 6418 right now. We are at a more than twoyear high. How will opec and friends respond . Heres emma chandra. Stocks fell more than 2 after a report that qatari fighter jacks jets intercepted an airline from uae. Its the latest escalation in the dispute between persian gulf monarchies. Saudi arabia, the uae and egypt all accused of destabilizing the region. Carillion has fired for liquidation filed for liquidation. The shares have fallen more than 90 since july. It employs 43,000 people worldwide. Its a further boost to the International Status of the chinese yuan. Liquidation filed for liquidation. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. Im emma chandra. This is bloomberg. We will get a perspective on whats going on in the markets today despite the holiday in the United States. The dollar is really dominating the t