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Lets quickly check of the markets, global Stocks Holding near a oneyear high as we are seeing more and more rising oil prices, now above 45 a barrel. If you look at wti, you can see it around 45 currently. Its pointing to a resurgence in the emerging markets, and to a saudi stabilization. They keep on saying they want some price decrease, but there rhetoric is certainly filtering through to the markets. This is the big picture for the e markets. The yen lower after slow forecast, a lot of investors thinking the boj will have to do more. Lets get more of the markets with nejra cehic. Nejra the chinese yuan has suffered its sharpest drop in six weeks after there were concerns raised about Economic Growth in china. Figures showed new credit growth in july was the weakest in two years. And investment also we get, indicating that the reason stabilization may be faltering. Two ter ....
Some people were a little disappointed by centralbank action, but i would argue that that that was more hawkish ends the boj is just trying to surprise us. Vonnie wringing their hands little bit. Nothing to impact the markets, and the new Zealand Central Bank doing nothing as well. Francine it certainly is. Lets get to the first word with nejra cehic. Nejra thanks. A shock today from tokyo. Japans at central bank has held off on expanding monetary stimulus. It has the yen surging and u. S. Stock futures falling. The bank of japan decided to take more time to assess the impact of negative Interest Rate. Policymakers are betting it will lead to more lending. Peace talks in syria have envoyd and as special wants russia and the u. S. To revitalize the ceasefire that is all but collapsed. Envoy ended two weeks of negotiations about setting a date to review. Authorities in fra ....
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