Warns america to prepare for a painful time as new york surpasses chinas Hubei Province in reported cases, the deadliest day so far. Japan proposes its biggest ever stimulus package as the virus threatens a deep recession. The Business Survey this hour will gauge some of the damage. Haiti. Haidi haidi. Haidi lets take a look at how we are setting up in australia. Trickling online in the staggered open, seeing early signs of positivity when it comes to this market after ending the session lower yesterday. We are seeing upside of about. 7 at the moment as we are awaiting the rba march 18 Meeting Minutes later today. We are trying to get past the worst quarter ever, so downside of 25 for australian stocks over the last three months today is a new day and new zealand, we are seeing gains for a Third Straight session as the rbnz is doubling down in the bond purchase program. Japanese shares looking a little bit lower. They had the worst quarter since 2008 and the kospi also trending lower a
Honor to cross the line. And goodbye g20 and time for summer davos. We are live at the World Economic forum at this hour. Shery lets get you started with a quick check of the markets. U. S. Futures rallying about 1 at the moment, this, after the s p 500 saw its best month since january. We have optimism over potential easing trade tensions between china and the u. S. , not to mention the huge photo op President Trump got at the dmz meeting with kim jongun. Take a look at asian futures. We are continuing to see a risk on moves ahead of trading. If we can switch up the boards, futures, nikkei futures up 1. 5 as we get the japanese yen weakening for a fourth consecutive session. Great asets not doing we get risk on sentiment. As korea starts trading on socalled peace dogs as we saw that unprecedented meeting at the dmz. Hyundai engineering and other stocks like korea gas and so forth. Also keep an eye on chipmakers, especially samsung, as we saw President Trump giving some relief to huawe
The majority whip also says disasterrelated aid will be included in a shortterm government measure. Congressional leaders are scrambling to get compromised legislation for a floor vote next week. Vice president michael pence plans to delay his trip to the middle east. Pence plans to leave for egypt on tuesday so that he can preside over the senate during that tax vote. Five years ago today a gunman shot and killed 20 children and six adults at Sandy Hook Elementary School in connecticut. They are observing the day in private reflection. Flags statewide flying at half staff today. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. Bloomberg technology is next. Emily im emily chang and this is bloomberg technology. Coming up the fcc officially , hits reset on the internet. What the contentious vote to repeal Net Neutrality protection means for the internet of the future. Plus, disneys megadeal fo
Rishaad the index of Japanese Business and manufacturing, very positive. Showing you what is going on in the past three years. Abenomics. Fore we have seen positivity. It has been working. Many fracturing there in blue. The blue line is showing the outlook. Just in manynot fracturing but also Business Conditions for the future as well. It is something that many people. Ut there are looking to it is signaling good times ahead for equities in tokyo. Haidi absolutely. Except fore faltered the risky inflation. It comes on the back of that very positive nikkei reading. All going into this bank of japan meeting. Seem to see a little bit of fatigue in the markets after what has been a massive week for centralbank activity. Pretty low volume. Lets take a look at markets. Traders today. R liette we are seeing money come off the table. Very low volume. Up by 7 10 of 1 . We hit that high. Have seen the tail codes the bank come under significant of decreaseterms meant. You cannot blame it on the j
Waste of time and he is going to do what must be done. And even though some of the major markets are closed, investors are going to keep eyes on simmering tensions in north korea. We are going to get the Hong Kong Survey for the Fourth Quarter out of japan. Theyll get a glimpse of how businesses are feeling about the economy. You were just mentioning the top of the headline about shinzo abe and his prospect. Represented by the blue line here. That certainly has benefited exporters. Recentlyn see, as of we have seen that. With thehat has to do Dollar Strength we have been witnessing. We are going to look at how businesses field. Sincest monthly gain february. Losing a it of speed wrapping up the Fourth Quarter on friday area we see record profits from japan. Here is how we are faring so far in asia. Not a whole lot of action with markets in new zealand kicking things off. Down a fifth of 1 . Strength easing on this monday. We are seeing up a fifth of 1 . Looking for a slight improvement