for a september quarter. there are also concerns about the ant ipo fallout. and america awaits the outcome of the presidential election, seven states now holding the keys to the white house. wisconsin heads to a recount and others face challenges in court. foropen here in sydney friday trading in asian markets, we have seen an eerie calm and trading across equity markets, and globally, on expectations that policy gridlock will me know extreme measures when it comes to the tax front being taken and more status quote when it comes to the visible markets. we are up .2% when it comes to sydney, the in aussie dollar and commodities-linked currencies it particularly well. we have the u.s. dollar fall to its lowest in two years. the nikkei 225, we expect weakness going into the open but we have japanese stocks trading in the green every day of the week. also watching the yen, but interestingly, as an election respirometer, we continue to watch price action in china as well as volati
services. westpac s full year profits plunge after fines for money laundering. cash earnings falls. one of those stocks where watching going into the sydney open. let s look at the market open. sophie? expecting some moves this monday. the biggest weekly drop since september 25 as investors adjust the some of the risk ahead. we did have the worst week for aussie stocks since april. adding 0.1%. we have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approach of every management values the company at $4.5 billion. westpac has results out this morning. later this week we get results upm alibaba which ticked single day sales early on sunday. the ipo is a big event we are watching this week. we are expecting a big pop here on thursday given the massive appetite we have seen for the offering. friday had the biggest drop since june. of a private survey of chinese manufacturing data. to focus more on the u.n., let s pull up on the chart on the
rate declining. japan lifts its emergency measures in tokyo, saying there s no need for further restrictions. scott morrison addresses the pandemic file that later. he is being told he has a once in a generation chance to reform the australian economy. consider.s to as we get underway this tuesday morning in the asia-pacific, keep in mind lots of markets were closed monday including the u.s. the futures, to use that is any guide, we can almost say we are in the asia-pacific. we are getting this coming online. up 30 points clear of where you last traded on the s&p back on friday, in terms of the cash market. spy futures indicating a big pop. on top of the best day on monday. highs. march 111 philip the board and take a look at the currency markets with ecb in focus and perhaps we are getting signals and some comments from key policymakers, we could get more stimulus, probably on the way. i will be generous. the record low. the aussie offshore rate back in september. there we g
how these cuts will be disk it and how willing will russia be? certainly some optimism today. jakarta is coming online. a pretty steep fall off of stocks yesterday. we are rising. .ingapore is up the csi 300 is up .3%. the dollar is looking pretty mixed across asia. the reaction from that meeting has been seen in the korean won. we are seeing that strength. nine out of 17 economists respected the hole. some were expecting for a cut. we are looking ahead to governor lee s press conference. we will hear more clues about the trajectory of where rates go and whether they will embark on this qe theme that we have seen in many central banks. the dollar yen, we are seeing a little come off of the yen. were advancing on the back of the oil prices in the euro, pre-much flat. let s stick to oil. prices are rising again ahead of that opec-plus. the world s top producers may be moving closer to a deal on curbing output. volatility remains a key theme. wti has seen another 24 hours of wil
tomorrow. there are two definite narratives being played out. to repeat the status quo for taiwan and that is sent autonomy, semi independence from china. or more integration with the mainland economy. we will preview it coming up this hour and all morning. yvonne: we will see you soon. he does speak with the legislator at large. david: let s get a quick check of your markets right now, 30 minutes into the session. about an hour into the taiwanese session. we should still be above 12,000. 2.5% of the25 is is 28-year high. don t get too excited. seere continuing to pressure coming into this friday. jobs numbers are coming out later so that is fun to watch as well. asare losing some momentum we head into the thick of things. take a look at the currency markets and then we will talk about futures as well. -you and pushing toward 1.0. chinese bonds are seeing a steep drop in yields. su: we will start out with the latest on boeing, critical messages from 2017 about the jet have be