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My eyes are all on the bond market, both the 10 year and 30 year perhaps approaching the record low. Im taking a look at Cathay Pacific shares. We had reports about the airport in hong kong, whether flights or canceled flights were canceled or not. Right now it looks like only check ins were canceled. Dollaryen continues to strengthen come of strongest yen has been in the last 18 months or so strengthen, the strongest yen has been in the last 18 months or so. David we are joined by bloombergs Marty Schenker and sarah ponczek. Lets start with argentina. A chart here shows the price of credit default swaps in argentina. You dont need to know calculus to know that is not a good thing. So why are people so nervous about mr. Macri going out of office . Marty because they are very protectionist, and everybody is heading for the exits. Taylor i spoke to damian who covers aerday, lot ....
For stocks. A little bit of upside on the nikkei at the start of trade. We are still seeing dollar yen hovering at 155. 6. Of course its about whether we get any indication about curtailing of bond purchases from the Japanese Central bank. Seems like the bond markets are betting we do coming on the japanese 10 year government bonds. Lets take a look at what we are seeing in south korea. Yesterday we saw those declines on stocks as the metaearnings and outlook put a dent in what was otherwise a recovery for asian stock markets. Taking stock, weve seen four of the seven banks report and so far it looks quite good, especially after microsoft and alphabet knocked things out of the park, proving their worth and that they are able to make money from aia investments. Weve seen the upside in south korea as well, the korean won moving toward 1370. Lets look at whats going on down under. Australia was on break yesterday. The big news was ....
Surveillence. Is a look at european stocks. Theyre getting the most in two weeks. Its a little bit better than our preliminary estimate. We see the German Economy powering through overall. We also saw some unemployment figures that beat estimates. Commodities extending a little bit of a record run. Eurodollar, a lot of focus on the currency today. Yield is atyear 1. 95. This is a we have coming up on surveillance. We will hearing from john chen. 10 00, we will be joined by Stephen Michael smith. Cklowsmith. A they will be seeking to joshua green. Will be speaking to joshua green. Onto nejra cehic. Officials debated the risk to american outlook last month with some concerns about inflation and robust growth. The minutes of the meeting show most participants reiterated support for, quote, continuing a gradual approach for raising the target rate. In three moreiled hikes for 20 ....
Mark welcome to surveillance, im mark barton in london. The stoxx 600 is up by 0. 9 , rising for the fourth day in five, contract for the best week since december, 2016. The european gains surging 2. 8 . Year, coming. S. 10 down today, breaking below 2. 9 , is where we are today. We closed above 2. 9 percent yesterday, the highest level since december 2014. Today, export and import data. Spot indexrg dollar is lower today by about 0. 25 . Sincee lowest level december 2014. A growing number of economists forecast the fed will step up the pace of rate increases. The u. S. Twin deficit becoming a likely catalyst for a new wave of dollars selling after a brief respite, i say a brief respite in february. This is coming up on surveillance today. We talk with the chief executive of metro bank. Withr, we talk the 10 year ylagos. Mateos taylor riggs joins us from new york. Reporter the u. S. Senate has blocked four immigration proposals, leaving a bitter impasse over how to protect 1. 8 million ....
In europe. Sterling is a little bit lower. You had the moodys downgraded friday but the market yawned at that. Im looking at wti versus brent, and unbelievable move, almost at seven dollars. David its time for your morning brief. We will hear for room we will hear from a range of central bankers. William dudley will talk about Workforce Development at 8 30 a. M. Eastern time and then we will had to russells where the ecb president mario draghi will speak at 9 00 a. M. Eastern time. Charles evans will be this afternoon. At 12 40 p. M. Neel kashkari will speak at 6 30 p. M. This evening. Jonathan thats your morning beef brief every day. When they dont talk they do, when they do when they dont do they talk. Jonathan a victory in germany was marked by the popular party. A major new challenges in front of us namely the fact that the afd has entered parliament. We shall certainly analyze this closely because want to gain back tho ....