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Detailed text transcripts for TV channel - CNN - 20110121:09:03:00

Andrew. business climate index due to be released any moment so the markets watching that as well. different picture in asia. yeah it is actually, max, it s interesting the shanghai effect still very much alive and well concerns about the strong growth we saw out of china. those numbers yesterday coupled with rising inflation. rattling investors. take a look at the numbers where they close, the weak investors more aware i m not quite sure why we re looking at the u.s. markets, try to get to the asia ones if we can, but it s still about interest rate worries in asia. shanghai rather oddly was the only one to post gains, as you see there, up by nearly 1.5%. don t get too excited about that, though. a bit a bargain hunting going on over there and turnover was very low. a lost cautious in the market and generally the next move in interest rate. and if fact the chinese security generals one of the state-owned newspapers said in a commentary today that there could be a rate increase as e

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