Down the president. Americansler bows to first jobs policy. Looking positive out there, the absence of japanese trading, a Public Holiday they are, 30 minutes before the start of the session in hong kong and shanghai, the open in kuala lumpur, taipei, and singapore. Here is Sophie Kamaruddin. Sophie a number of markets coming online, checking that space. We are seeing continued gains on the asx and new zealand, and the kospi reversing gains made in the morning. Space,look at the data whats happening with Dollar Strength, resuming strength following the friday jobs report. Note, the yield of seven basis points friday. Bill gross is expecting a breakthrough to the 2. 6 level, pushing it into bear market territory, gross saying the treasuries are at an inflection point. Gold edging higher after falling in the wake of the u. S. Payroll data, gaining demand for alternative assets, and equities soft in. The robust case for u. S. Interest rates going higher could make bullion less appealing.
Is america losing the global competition for influence in the world . Whispers have turned to loud proclamations. I heard them last week when i was in washington for a meeting of the worlds most powerful financial leaders. I hear it when i talk to key players around the globe. But before we go down this road, we have to answers answer three questions. Is americas influence declining, two if it is, which is gaining . And three taking a half foot foot step back from the world stage is it a bad thing . Situation in ukraine morphed into an International Crisis . In one bold strike last week, Vladimir Putin announced plans to sell sophisticated missiles to iran, deploying those missiles in iran would thwart possible attacks by the u. S. Or israel on Irans Nuclear installations, advantage russia. The u. S. Confirmed by saying it was sending 300 paratroopers to help train ukrainian military. And to destabilize ukraine and advantage america maybe. But almost on cue the ceasefire talks began to
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