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Among those saying 160 is in the sand you want to be watching out for. We look for jawboning at this type time of the day but no lines yet on that. We know japanese government officials are watching these levels closely and we heard from the finance ministers of south korea and japan saying they are seeing sharing serious concerns about the weakening of their local currencies. Weaker yen is a dynamic we know have been aiding japanese exporters in particular. Today we are seeing Japanese Equities a little higher to the open. A bit of a standout because perhaps most ever most other markets could trade in the had given what we had in the u. S. Session overnight. Today we are seeing japan move higher. We just had march exports data. The numbers from japan a little better than expected. A rise of 7. 3 percent on the year better than what economists had been expecting. Lets switch on and look at what is happening in korea so far as w ....
Fire truck, sparking an inquiry. Betty quite a surprise here, aurth quarter gdp showing contraction here of 0. 2 quarter on quarter. 1 10stimate was a gain of of 1 , a slight down in the prior year. Expectations were that this was not going to be a great number, but contraction is a surprise here. It is the first fourthquarter contraction for the First Time Since 2008, also year on year, just up 3 . Gain somate was a 3. 4 not good news here for south korea. Yvonne it was a banner year when it comes to exports, i guess you could blame to the strengthening of the one that there is also a nationalhow they holiday in october. The bank of korea upgraded this growth to 3 , so there is still a lot of good with exports still blooming those slowly, and private consumption has improved a bit as well. And how were looking at the currency taking a look at how dare faring so far. Flat, the nikkei and changed. We expect a pullback from the ni ....
A death do to lethal airbags. Ollow me on twitter rishaadtv please use trendingbusiness. Lets have a look at what is going on. The thursday session and hong kong and shanghai at the bottom of the hour. Juliette not too bad at the moment. We had that positive session coming through from global markets. Dovish minutes from the fed helping out. Also, a strong rally in the crude price. Rising by over 5 in new york. Helping out the energy players. Malaysia has started, flat. Singapore with again. Tie one coming back after the shocker taiwan coming back after the shocker. Up. Nikkei 225 the asx 200 up as well. It is driving on the back of what we saw in the u. S. Session. Gas players leading that charge as the crude price rallies in new york. If we look at the main stocks, five out of the six arising, led by beach energy. Course, the healthcare sector also having a big rally in offshore trade over the alleganpfizer deal, now off. Those int some of australia, up by almost 1 . Yen, upr story i ....