1 10 of 1 . Minor gains for the australian and china markets for the shanghai composite. Situation with regards to the equity markets, what about some of the other Asset Classes and play . We can have a look at those. Take a look at the oil prices, retreating at the moment. You need currently, what, 41 essentially for a barrel of wti, 41. 09, moving to the downside. Stockpile to the upside. Gold not much of a haven, dollar index moving to the upside, the dollaryen currently stronger. It has been moving quite rapidly to the upside. . 11 currently for one greenback. The sec is pushing ahead with a plan that could see chinese come these kicked off of u. S. Exchanges. The intent to cap crackdown on companies that dont comply with rules that require an audit. That could hurt big names like alibaba and baidu. Tom, it looks like the sec is in a hurry. What is it proposing . Tom absolutely. The since we are getting as they are stepping up their preparations for this new Legal Framework that ag
David it has been quite a week. I know we will be talking about the japan data in a moment. , ae a look at my chart simple look at Household Spending in china. Year on year change, a longerterm look because this tends to be a volatile number. What you are seeing is more red than green. In other words, we talk about a demographic problem in japan. Despite what they are doing, there is an underlying current that prevents this from spiking backup. This bike is the frontloading before the sales tax. Here is your base effect. Are come up for the First Time Since 2016, not bad. Full and slowly is the best way to describe this. Haidi it still feels like they are trying to shake off that sales tax implementation. The takeaway is it does not move the needle when it comes to boj policy, still nowhere near that 2 inflation market, getting further and further away from that. We will unpack that data and policy implications. In the meantime, what a roller coaster ride in the u. S. Session , the dec
Kuala lumpur trading getting underway and in singapore. We are heading up to the Lunar New Year holiday. And we have volatility and volumes are then. Let us see what we have at the moment regarding the session in this part of the world. Malaysiaore and joining the rise we are seeing in the region. We do have gold retreating for a fourth day. Moving further from the hundred level. Approaching as one high as we are seeing the yen stumble a bit. Aussie shares up 0. 6 with consumers stocks and banks. Metals are under pressure. Looking at the nikkei 225. Reversing thursday losses. See argy producer did contract cancellation for a power plant in australia. Declinectric on the after a earnings announced yesterday. Currenciesok at some. Bityen looking a little steadier. 60. After the cpi data. At 443 against the dollar. It has weekend about 5. 5 since Donald Trumps win. Suisse said recently that malaysia is one of the most vulnerable economies to a proposed border tax from the u. S. Along with
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 550 points or 3 percent along the way. The Hang Seng Index now sits just above the 17,930-point plateau although it's tipped to find traction on Thursday.
The Hong Kong stock market on Wednesday snapped the two-day winning streak in which it had collected more than 360 points or 2 percent. The Hang Seng Index now sits just beneath the 18,425-point plateau although it's likely to rebound on Thursday.