Points at the s p. The dow up 72 points the nasdaq looking to be higher by 32 points in asia we saw a pull back from yesterdays gains off the china u. S. Trade truce hang seng is off just a fraction over in europe, european equities are mostly higher the dax is up by 0. 8 . Perhaps europe is still digesting the news that Christine Lagarde will head the ecb. The first woman to do so treasury yields fell back below 2 yesterday and remains there right now. 1. 895 the global story here, the benchmark german bund yield has fallen to a new record low, negative 0. 385 right now. It was negative 0. 4 earlier. The italian tenyear has gone from 2. 8 to 1. 7 in the space of about three weeks. Lagardes appointment seen not just in the german bund yield as not potential hawk, she will be more dovish, but someone who can operate politically and avoid a clash on the italian budget. Both appointments being European Commission president and ecb president being german and french shows the power brokers,
Welcome to daybreak australia. Markets just have come on line. Paul the top stories, the u. S. Stocks and bonds lower with strong factory data reinforcing the view a rate cut may not happen this quarter. Hurting the yen, its a potential intervention level. Paul we look at the future framework, speaking live with chris kent. Inflation policy numbers top of mind as we ask are they more or less online with expectations when it comes to the price index at. 10 , softening from half a percent we saw in february. The year end number is hotter, 3. 1 at a faster clip than the 3 that was the consensus survey and matching the same pace we saw in february as well. Energy prices year over year coming at 2. 4 , a little lower than 2. 5 . More progress towards the 2. 4 with the bank of korea but has a way to go and we see the increase in fresh food policies and a the price by the government leading to that slowdown and saw a rise in retail gas prices pulling in the other way. These readings according
Raiden Resources Limited (ASX:RDN) is pleased to announce that it has secured a 100% interest of LCT and Ni-CuPGE mineral rights over the Mt Sholl project.