Protests take their toll. Shery china continues to push the liberalized market with a more flexible loan. Japan and south korea have come online. Lets get straight market action. Offie the nikkei 225 is. 3 . Best court of the again since 2016. Asian stocks are drifting toward the year end. We are digesting the latest figures. We are going to be getting hong kong trade numbers. Taking a look at was going on in sydney. We are seeing shares snap a threeyear game. Paul lets get you uptodate with the first word news. Wildfires in australia are expected to get worse this year week amid rising temperatures. 122 millions of million acres of land have burned. Nine People Killed and over 950 homes destroyed. Scott morrison says that firefighters battling the fires in New South Wales will be compensated. This is putting additional demands on our firefighters in particular. It means the turnouts and the callouts have been far more extensive than in previous years. This is beyond and above what is
Manus it is daybreak europe. Let us discuss the single bit biggest geopolitical issue in the world. For me, there is a divorce between market recalibration to risk on or less the risk off and retaliatory risk. Let us have a live picture. The foreign minister from iran speaking in tehran. The attack made the world a less unsafe place. The u. S. Is a more unsafe place. There are a number of other headlines translated by al jazeera. I is alling of soleiman big gamble and what happened was not an attack on iraqi sovereignty. It was targeting a man who was fighting terrorists. Good morning. See thee certainly do rhetoric not necessarily backing down on both sides. This is one of the questions we are asking ourselves. If weather with the u. S. Did last week was a great miscalculation and how that might feedthrough into rotelle tatian retaliation. Are we going to see rational actors being more calm in the markets as we wait to find the answers . Manus markets have repriced, and this is what i
Global stocks despite lingering tensions between washington and tehran. Ubs shakes things out. The swiss bank splits its Wealth Management unit into three, cutting up to 500 jobs and naming two new Division Heads. And made in china. Elon musk is in shanghai as the consumer rollout of tesla vehicles finally takes place. We are on the ground all morning. Just under one hour away from the start of cash equity trading across europe and in the u. K. Take a look at futures here. You will see that they are up across the board. We have gains in asian stocks, which are pushing up european futures, dax futures, up. 6 , as are ftsefutures as futures. U. S. Indexes rose yesterday. We are seeing green arrows again in terms of futures with about 5. 5 hours to go until the start of trading. Anna, what do you see on the gmm . Anna pulling up the gmm function on the bloomberg, and we are bouncing across these asian equity markets, getting some upside coming through on the japanese markets. We are close
Now im a believer. Not a trace. Or doubt in my mind. Im in love. Im a believer, i couldnt leave her if i tried. Cheryl were believing that it is tuesday and welcome to fbn a. M. And good morning, everyone, im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving this morning. Were seeing slightly positive numbers as the tense situation with iran continues. There was early pressure on headlines crossing overnight. Right now, green arrows. Lauren a major turnaround yesterday too. Take a look at oil prices, they are continuing their slide after reaching their highest level since september in the immediate aftermath of the soleimani killing. Wti is down half a percent. Gold is down a buck 20. Cheryl stocks in asia are focused on trade optimism as chinese officials are pre prepag to sign a phase one deal with President Trump, we expect the signing next week. The shanghai composite is up three quarters of a percent. Lauren certainly a gl
Funeral for general soleimani, of course, killed during drone strike as we are hearing fresh threats to set u. S. Facilities on fire bringing death to israel and officially, official designate the u. S. Military a terrorist force, the administration is defending the air strikes that killed soleimani this morning claiming hes responsible for leading operations in iraq that killed 600 service members, rob, thank you very much for your service in the country, your reaction to that all of this . I think we are getting away from the fact that soleimani was found in baghdad which could have become another benghazi but thank god because the appropriate response went in. This was not an act of war, killing was a strong and appropriate response, so this attack on the american soldiers has been happening overseas for a while now, i think the response is strong and i think also when we see all of the crowds gathering to mourn soleimani, a lot of people are pretending that they are there by force.