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Transcripts For BLOOMBERG Bloomberg 20240703

Still when it comes to wage gains. Annabelle thats right. We saw a real wages down 2. 5 from a year earlier in march. That was actually the deepest drop we have seen in four months. The running streak of declines is now 24 months. Certainly there has been a real question for japanese government officials. When they start to see inflation being driven by the demandside or would it still be from the supply side . This is perhaps the numbers that the boj would not want to see at this point in time. But that focus on the back of the wage numbers coming into the boj summary of opinions. A lot of different lines dropping out of this. But this need to raise rates appropriately and at the right time and the need to deepen talks on rate hike timing. Just some of the headlines dropping from that. Also they are saying it is vital to cut bond buying and supply dynamics. Here you have that Market Reaction so far this a slight bit of strength coming into the japanese yen. Nikkei 225 online this morn

Transcripts For BLOOMBERG Bloomberg 20240703

Then we speak to the ceo of one of the biggest providers, csop. Haslinda lets take you to markets, where avril hong is on top of developments. Stocks and bonds getting sold off, investors adopting a wait and see attitude. There is a lot to read through today, so bear with me, as we saw that set up from wall street. It was a pretty flat close. Today asian stocks are mostly over save for japan and china. For different reasons. In china, we have seen tech and property rebounding. Property as it scraps homebuying restrictions, and the idea that other tier two cities will follow suit. Thats also boosting the commodity iron ore, those prices ticking higher. In japan, the likes of an earnings release, and we got the news about the share buyback. Those are among the individual names lifting the japanese benchmark. But were also seeing the selloff in bonds, after a 10year treasury auction, and the yields in australia, as well as new zealand, you are seeing big moves about 6, 7 basis points. Don

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HSBC veteran banker Peter Wong urges Hong Kong s youth to be wary of generative AI as technology can create uncertainty

HSBC veteran banker Peter Wong urges Hong Kong s youth to be wary of generative AI as technology can create uncertainty
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