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9. 9 billion so far has been used. Talking about the Market Street in hong kong and elsewhere in the asiapacific. John woods joins us in a few minutes to talk about how to adjust your portfolio. Equities still the place to be, but there are perhaps more tweaks needed. Angie joining us is the former the wto herest for in hong kong. It will be interesting to get tradeoughts as to how will possibly stimulate these moves in the equity space. Lets take a look at the market. Blackrock saying the potential for asian stocks to move higher is there. Gmm is the function on your terminal. Here is a trading halt to tell you about. Is notpaint participating in this rally we are seeing today because of a m a. Ion on it could be possible affirmation of a bid. Check out what is happening, hong kong above 30,000. We are waiting to see whether or that recordbreach setback in october 30, 2007. That is definitely the first time we are seeing it above ....
Even though we saw stocks lower today, it seems like this run is still intact, particularly if tax reform moves forward by the end of this year. Not so great for one particular asset, 8240, this chart i want to show you, gold. Week,rd this earlier this if we get tax reform through and Interest Rates rise, which they look set to do, that was also pointing to the fed minutes, gold will suffer. We have seen gold slip from a oneyear high in september. , it though it is choppy looks like that down trend is in place. Dont buy gold. Some people would beg to differ thing gold has reached a bottom and you still have to find a decent return in this situation. Given fed minutes and inflation coming you have to wonder how much higher these rates can move and the dollar move. Exactly. If there is no inflation, or very little inflation, that is the same case for gold. Lets pull up the chart for the u. S. Markets and show you how we , particular ....
Problem, and it is going to get worse. The war of the rich on the poor is astounding. Not everything in here is a bad idea. Ramy it is all straight ahead on bloomberg best. Ramy hello and welcome. I am ramy inocencio, and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. The week began with a political crisis in a european nation that has been a rare model of political and economic stability. German chancellor Angela Merkels negotiations to form a Coalition Government suddenly collapsed on monday. Matt chancellor Angela Merkel attempts to form a new government. Those have collapsed with of the Free Democra ....
Expires and the bank sees a dismissal of charges. And going higher, they do not expect to incur any losses good morning, everybody. It is december 11th, two weeks away from christmas and perhaps a snowy monday to be expected. Lets take a look at how markets are doing this morning so, asian indices were firmer overnight with nikkei with another strong session up more than 5 . And of course, last week we also saw u. S. Equities end the weej a smidgen higher new highs posted for dow jones, the 65th record close for 2017 the picture in europe looks a little bit firmer this morning, trading slightly above that flat line lets switch to indices. Of course, this is a big week for indices. Weve got lots of Central Bank Meetings coming up, the fed, of course, but above and beyond that, weve got the bank of england, ecb, not really expected to do much this week in terms of decisions, but as you can see, the picture looks fairly safe f ....