Slightly pressured. 650 billion are wiped out in u. S. Equities in one day, yesterday. A lot of it has to do with the dollar. On track for the best week since april. That is hurting sentiment around the region. The aussie dollar is hovering around the july lows. You have more calls for a cut of the cash rate from the rba next month. We see yield heading lower in australia. 105 for yourat offshore renminbi. Slightly stronger for the pboc. Here are where yields are. 67 basis points. We continue to watch whats going on in the aussie 10 year, and the china bond inclusion could happen later on today with that ftse russell. Russell wreste. Could spur inflows into the market. We are watching commodities with the Dollar Strength. The metal is falling off. Silver, copper and aluminum taking the biggest hit in the last 24 hours. The marketre on action we are joined by our mliv strategist in singapore. Question of the day is what i want to start with. What assets suffered most from deleveraging .
The left column, a lot of those names in the green. Banking names as well. The rest of the region still seeing a lot of pressure. The split is tilted towards more downside. In terms of the sector groups as well, the similar to what we have seen. Youre getting a lot of upside in names like resources, banks, financials are seeing pressure overall. Down for a sixth straight session. 25 from the peak a couple of eci weeks ago. Yvonne back from the slopes. And back in hong kong. Steve, we have been talking about that pivot from President Trump. Painting a dire outlook on this outbreak in the u. S. Why . Wasell, i hope that he looking at the data and also seeing what other, even local news abilities are doing in the United States, cites and states aswell cities and well those in europe and they are taking this very seriously. And donald trump says it is bad. He repeated that. Its bad, its bad. He said this could last until august or even later. Hes calling it an invisible lining. Yo enemy. Y
The big day is here in the United States. Super tuesday. Can joe biden continue challenging Bernie Sanders . Will Michael Bloomberg or Elizabeth Warren claim their first date . First, more first state . First, more coronavirus cases in the u. S. Two employees in china contracted the virus, or cases in south korea, iran. The fed jumping in but u. S. Stocks still tumbling. What are you watching ahead of the open . Paul the u. S. Reaction really setting us up for wednesday. New zealand, already open and already weaker by half of 1 . Up day on monday no, a big update on tuesday, a down day on monday. Futures here in sydney are off by 1. 3 . The market up by almost three quarters of 1 yesterday. Nikkei futures pointing south by more than 2. 5 . We look at currencies, the aussie dollar actually gained amid all of this, knocking on the door of . 66. Gdp for australia a little later on for the Fourth Quarter. Those numbers are expected to be healthy but they are of course backward looking. The
A Global Travel slow down sends shock waves around the industry. I think the airlines will fail. This is a huge amount of Money Airlines will lose. In the u. S. Politics, super tuesday shakes up the race for the democratic president ial nomination. This is a big night for joe biden who beat expectations. The jobs report tops the week. The economic base is strong, the fundamentals are strong. Exclusive confirmation with the ceo of nissan. He said job one is to listen and learn. Its important for me to know what is going on down to our employees. It is all straight ahead on bloomberg best. . Hello and welcome. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with headlines. With cases of coronavirus mounting and equity markets coming off their worst week since 2008, investors were already on edge. Weak Economic Data from china did not help. Investors racing for more market turmoi
Do is to preemptively narrow production. Both the private sector are heading in the right direction. Speaks candidly about preparing for the next downturn. We are more cautious compared to 2009. Elizabeth warren talks about how she would fix u. S. Trade policy. It is all straight ahead on bloomberg best. Hello and welcome, i am nejra cehic. Interviews, news and analysis from Bloomberg Television around the world. Showingeconomy has been stress in the trade war. A new report tells a positive story. China showing raising hopes over the countrys recovery. Do these numbers mean and does one swallow make a summer . Certainly a positive headline. The official and private sector are heading in the right direction. There is some seasonal effect behind it. Chinas pmiin probably spilled over to the rest of the region. It is certainly a positive number, but we are not seeing any signs of a sustained rebalance. There are encouraging numbers. Ut of china a short time ago we got numbers going the ot