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Seeing the impact across asian fx as well with that weakness in the dollar. The aussie dollar holding steady. We are seeing brent crude trading a little bit higher. When it comes to oil, we are continuing to really monitor what we are seeing with that demandside concern. Saudi arabia jacking up their prices, pushing a little bit of upside momentum there. That was the biggest weekly drop for crude since february so still pretty shaky when it comes to the demand side of that equation. Annabelle that is right and its going to be quite an interesting session as well. We got a number of markets that are shut so far. There is japan, korea, and thailand in focus as well so perhaps when they do come back online, you will see the ketchup trade given the big runup we had in u. S. Equities on friday. The s p 500 gaining more than 1. 2 and as you said, it was that collective sigh of relief perhaps that the fed could have reason to cut sooner rather than later. Talk about last week, we had the pros ....
I am haidi stroudwatts in sydney. Annabelle i am Annabelle Droulers in hong kong and the top stories this hour. Stocks set for a positive start. Investors hoping mainland markets follow the bullish lead when they reopen after a holiday. The yen vulnerable to any hawkish fed commentary this week. Haidi westpacs firsthalf profits slide in line with analyst estimates as it boosts a buyback by a one billion aussie dollars. Annabelle the chinese president touches down in paris to begin a three nation European Tour with trade tensions on the rise. Haidi lets get you straight to how we are setting up when it comes to the start of trading in asia. This monday morning, we are looking like a pretty positive lead, china coming back online, to see where chinese equities will be gearing up to bridge the gap with hong kong counterparts. The hang seng jumping on friday, the longest winni ....
French car maker Renault said on Wednesday its electric vehicles unit Ampere, which it plans to list on the market next year, forecast 10 billion euros ($10.8 billion) in revenues in 2025, more than doubling to 25 billion euros in 2031., Electric Vehicles News, Times Now ....
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