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Africa. The president orders his finance minister to quit and investor roadshow. Its 7 00 a. M. From kuwait city. It is 12 00 noon here in hong kong. We look at asian markets this tuesday. Very decent session. We are looking at a dollar flat. Makes. Ssentially im looking at the bigger picture. Have a look at my bloomberg chart. 7142 on your bloomberg. Pace, even if we do consolidate over the next two or three days, we are still on track for the best quarter for asian equity in the last seven years. If you take japan out of the a contest out of the equation. Nothing is going to stop us now. Take japan out of the equation. Nothing is going to stop us now. Yousef the impact it is having on the middle east and africa. The state of play in the last 24 hours, just under two hours away from the emirates markets. On the saudi. Me a lot of pressure on financial and utility specifically. They are dragging to buy down. That stock is still in focus. Properties offering some support for a blue dobb ....
Rebuild relations. Marketshis is bloomberg middle east. We just saw the end of the First Quarter in the u. S. And europe. Lets take a look at how markets performed friday. Cautious tone. People usually dont want to begin building new positions. Stocks hiteuropean 600. About 0. 5 up. Take a look at what happened. 5. 7 over the full quarter. Best quarterly performance since 2015. Again, look at european stocks. Up almost 5 . Pretty amazing. Yousef it has been one of the quietest quarters in a long time. There has been plenty of action. Two hours away from the opening of the emirates market. Thegy weighing in on broader sentiment. Pretty much unchanged. Strong gains in consumer discretionary. Also, utilities. The weak spot, material stocks. Helping to push to buy forward to read first bank of abu dhabi dubai forward. Showing dividends in kuwait. Clouding the picture. Cross over gears and some of the key assets we are watching. What a ....
He has met the president of china a number of times. Welcome. You may china a particular area of interest for yourself. What do you think the chinese are expecting and what do they hope to accomplish. Tom it is the most important diplomatic meeting that President Trump has had so far in his presidency. On the chinese side, their have ah would be to successful meeting. Indeed moving forward towards the fall when the chinese leadership change takes place. That sethave changes the next five years of president xi jinpings tenure. They were want to operate effectively on the international stage. He will try to get this on the does not havee conflict or crisis until the end of the year. Charlie he is looking ahead to october . Tom that is exactly right. He will select the leadership for the next five years. He will certainly want to avoid any sharp trade conflict between keeping the, chinese economy on track to meet its growth and othe ....
He has met the president of china a number of times. Welcome. You may china a particular area of interest for yourself. What do you think the chinese are expecting and what do they hope to accomplish. Tom it is the most important diplomatic meeting that President Trump has had so far in his presidency. On the chinese side, their have ah would be to successful meeting. Indeed moving forward towards the fall when the chinese leadership change takes place. That sethave changes the next five years of president xi jinpings tenure. They were want to operate effectively on the international stage. He will try to get this on the does not havee conflict or crisis until the end of the year. Charlie he is looking ahead to october . Tom that is exactly right. He will select the leadership for the next five years. He will certainly want to avoid any sharp trade conflict between keeping the, chinese economy on track to meet its growth and othe ....
Replace the president s friend as she replaces the finance chief. Is 8 00 a. M. Across the emirates, 4 00 a. M. In london. In hong kong, just past noon. Welcome to labor markets middle east. Lets take a look at the state of play on the markets. We cant ignore what is happening in the u. S. , because thats whats driving the sentiment we are seeing across the board in asia. Trading for almost 20 minutes, down close to 1 . As you can see, despite the topicshaven of the yen, is also down more than 2 . It really is all about volatility as a result of the latest paul showing trump in the lead. Manus yeah. C onink if you go to ele your terminal, you can pick up the sentiment. This is very reminiscent of what happened in the 10 days before brexit. If we look at the bank of america volatility chart, youve mentor rumpall trumpometer, dollarpeso. This is in the five days. I took it back a little bit further. If we go back as far as june, you can see volatility is nowhere near where we were on bre ....