Donald trump. They say they will create a million new jobs. Ready to go in hong kong. Singapore, taipei, and kuala lumpur coming online, a day when we see activity. The first trading day of this year, where it would have fallen. Here is sophie. The asfs falling almost 1 there with financials and energy dragging on the index. Japan also joining the fray in the red. The nikkei 225 down for tenths of 1 . Falling, second day of declines for that index. A little change on the new zealand equity index, a little firmer there. Futures contracts in china and hong kong hauling ahead of a consumer and Producer Price data released from the mainland. That will be out in the next half hour or so. One of the big things today, in the currency space, Dollar Strength faltering for a second day. The korean won and the pound are the biggest decliners among major currencies so far this week, but we see the one rally won rally. We see the , strengthening. Maintaining its rebound as we see haven buying, foll
Kathleen hays joining us from washington. Not quite a surprise, but anything that caught your eye here . The fact absolutely that they did what they were expected. Maybe that is what the chapter. Not because it was different, but because the bank of japan is in a situation where it has done what it can do to stimulate the economy, it can sit back now and be pleased that it is a small way, the economy is moving in the right direction. The pressure will come from , the unitedcountry states, which is firmly in a prehiking path. Lets take a look at a chart. Inflation, growth, that is what the bank of japan is trying to foster with stimulative policy and the policy of keeping the 10year yield at zero. You can see the blue line, japans main inflation measure, cpi, fresh food has recently rarely gotten into positive territory. Most of 2015rom and hardly 2016, the fact it was negative, this is a big accomplishment. That is why governor kuroda is upbeat about that. The question is this. The fed
Kathleen hays joining us from washington. Not quite a surprise, but anything that caught your eye here . The fact absolutely that they did what they were expected. Maybe that is what the chapter. Not because it was different, but because the bank of japan is in a situation where it has done what it can do to stimulate the economy, it can sit back now and be pleased that it is a small way, the economy is moving in the right direction. The pressure will come from , the unitedcountry states, which is firmly in a prehiking path. Lets take a look at a chart. Inflation, growth, that is what the bank of japan is trying to foster with stimulative policy and the policy of keeping the 10year yield at zero. You can see the blue line, japans main inflation measure, cpi, fresh food has recently rarely gotten into positive territory. Most of 2015rom and hardly 2016, the fact it was negative, this is a big accomplishment. That is why governor kuroda is upbeat about that. The question is this. The fed
Hello from sydney where it is past 8 00 a. M. We are two hours away from the open of asias first major market, reacting with the remarkable developments in the French Elections. Betty that is right, setting up the Runoff Election in a few weeks. It is just after 6 00 p. M. In new york. We will be looking at how all the action on wall street is going to play into the asiapacific trading day. The top story today, we mentioned and time zero, immigrant Leader Marine Le Pen is against the untested Emmanuel Macron for the presidency of france. Earning20 with macron 22 . Withois fillon came third another up forth. The markets, quite a dramatic day. Gaininghere was lots of out of different scenarios, what would be worst to the market, manageable. How would you describe this result . I would say it is manageable for the market, especially the reaction from the euro, reaching a fivemonth high against the u. S. Dollar. Remember results are still being counted, so we could see Emmanuel Macron taki
Coming to an end, partial deal with abu dhabi could be announced later. Rishaad reaching for the stars preciousraces on for resources in space. Lets get to the here and now. Its all about that French Election. Having a look at the reaction to this, 10year treasury yields screaming higher, 2. 3 , the euro moving above a 200 Day Moving Average against the yen. Asdo have more clarity perhaps not a populist leader coming through in france. That could allow mario draghi to do something with his tapering program. ,urther momentum for the euro bullish gaps from a technical standpoint that need to be filled at some stage. Also looking better when it comes to the boj as they head into their policy meeting alongside the ecb this week, governor kuroda getting rest fight respite with pressure , driving asian equities higher in terms of price action in japan. A sigh of relief for the markets that we have this progrowth, proglobalist options going into the election in france. The pboc governor has s