Stronger then expected. It is year on year for the month of december. In terms of fixed Asset Investment, we are looking. Investment for december. Context stabilizing. Of the early indicators are looking robust. Of course, some of at the localimulus government level, supporting fixed Asset Investment. We are looking at the bottom of this slow down. Lets send it to our next guest. Next guest. Theuse i would say that december number was picking up further. Especially with the help of more , i would say that we are turning more bullish. It is the secondbiggest in terms of growth over the last two years or so. Can you elaborate . We have seen that ip demand picking up. More demand coming out from southern china. Been drier than usual. People are waiting to frontload some of the orders, particularly early this year. You probably need to get most things done in the fourth quarter. Into the first quarter, we saw demand and names holding up pretty well yvonne . Retail sales have held around 10
The hang seng at the moment. The two thirds of 1 . Lets look at what is going on with the nikkei. Market, we are seeing a move to the upside. A case of bad news and good news. Indicating they could institute Interest Rate cuts. Lets get to the other asset classes. This is where we find ourselves at the moment. It must have been quite a meeting between the fed chair powell and his boss, the president. It must have been. A yield to that has barely been budged in. We have been seeing them lurch higher. More uncertainty in the haven buying. Pence against the euro. That is sterling moving to six month highs against its european counterpart as the threat of a hard brexit recedes. Aussie dollar moving to the downside. Just under . 68 u. S. Where it istuation to the downside potentially. Theyof many are saying would not be surprised to see a 66 handle in the nottoodistant future. Then we have the Violence Center stage in hong kong. It is continuing. That continues to be our top story right now
Things, still seeing the biggest gain or against the msc i asiapacific index as a group. That is currently the position we find ourselves in. David lets bring in our next chest next guest. Changing a lot of the ratings there. India and korea as well. He is here out of Credit Suisse. I wanted to ask about oil. Data out of china as well. Some people were expecting a cut. Where are we in terms of investing in china . The coming nest seems not to be able to find a floor. I think people need to state john take a step back. One thing we stress is the ability for the authorities to provide some offsetting stimulus. That has been true through credit creation and fiscal stimulus. We are to see some monetary easing. Loadsgh i think there are to pull the trigger right now, clearly, pressure is building, particularly on the external account, the current account. I think those oil prices will be offset somewhat by reducing the margin onto endusers on the retail side. I dont think you can escape the
There is but also the most volatile they went to lithium. Which is why here is our danger look so step down to secure plane president just before the fire started a new company to make lithium ion batteries for business jets. Bugs i was a true believer in the technology. Then he began testing 23. 3 m. Series. Battery back. To even the latest industry guidelines going so far as to fire bullets into batteries to see if they could be made safe military applications. You know you could run the test that you feel that you need to meet the requirements. But. You also need to have a conscience thats going to tell you i want to do the extreme. In the end testing with a conscience couldnt make the batteries meet the requirements is new company failed. We became professional and destroying batteries and and the more we learned about it the worse it got i mean with home i got him to give it to him and we were sent to what the rest of the guys were doing i guess we knew why. By the rest of the guy
Knows well the chemistry of the dreamliner battery. Boeing chose the most powerful there is but also the most volatile they went to lithium. Which is why here is our danger look so stepped down to secure a plane president just before the fire he started a new company to make lithium ion batteries for business jets. Bugs i was a true believer in the technology. Then he began testing 23. 3 m. Series. Battery that. Went beyond even the latest industry guidelines going so far as to fire bullets into batteries to see if they could be made safe military applications. You know you could run the test that you feel that you need to meet the requirements to be safe but. You also need to have a conscience thats going to tell you i want to do the extreme. In the end testing with a conscience couldnt make the batteries meet the requirements is new company failed. We became professional and destroying batteries and and in the more we learned about it the worse it got i mean with home i got him to gi