Biggest gain ever when it comes to wti in terms of percentage. We are losing steam there. We are not seeing a whole lot of movement here today. The offshore is slightly weaker. It does not seem like theres a whole lot of patterns you can actually string together here now that we are excluding japan. Ending the week back to where we started. Tom weve had another downgrade, another cut to forecast growth. Malaysia cutting its 2020 gdp growth estimates to 2 . A contraction of 2 . They are cutting their estimate to 2 on the coronavirus pandemic. Morgan stanley have upgraded malaysian equities. We will speak to Jonathan Gardner later in the show. We can has kim about the applications of that. Another grant outlook for malaysia. Worldwide cases of the coronavirus have reached more than one million infections and counting. Our chief north asia correspondent joins us on the line from hong kong. This is indeed a bleak milestone. Stephen thats right. Total673 is the latest were getting from the
Plus huber, mcdonalds and under all fall on earnings. A it is decision day, a Bloomberg Survey is 100 certain rates will be kept at hold. Markets have opened for trade. Any he stocksouse are faring. Is undere dollar pressure up a 10th of 1 with bond yields higher. A largely anticipated hold. The aussie dollar reversing a to . 70. A move lets get a quick check on futures elsewhere. Futures hitting gains and a little change for the japanese markets as they reopened there. The cost could snap a threeday event while kiwi shares are extending mondays gains ahead of vika data from the region. Ocbc, the Bank Reporting at 1. 7arter income billion. Thirdquarter net income coming in at 1. 17 billion. We are seeing the Interest Income coming in at 1. 6 billion. Income at just over one billion singapore dollars. Thirdquarter allowances for loans and other assets coming in at 179 million. See,e expecting to particularly when it comes to wealth related assets, seasonal benefit when it comes to hong
Concerns, down by close to 2 in australia. The read this morning down by 1. 5. Thank you julia. Greece has been making headlines for month now but surely not as badly as today. The debt drama has he come up old lung rices with capital controls in place and the euro taking a hit. Lets go over right now where our anchor is then it i. Great to see you this morning. Tell us the mood here this morning. I think we will find out the mood in a few hours with athens slowly waking up this morning. It 6 00 a. M. Here less three hours into capital controls. A lot of people not awake, they will be finding that there country is a different one from the one that they left yes they. Capital controls imposed at 3 a. M. After an emergency meeting we can see limited money being able to come out of the country. We have daily limits being imposed on the amount of money that can be taken out of atms. Pictures snaking around the block over the weekend. 60 euros is now the limit. A very different country for
Concerns, down by close to 2 in australia. The read this morning down by 1. 5. Thank you julia. Greece has been making headlines for month now but surely not as badly as today. The debt drama has he come up old lung rices with capital controls in place and the euro taking a hit. Lets go over right now where our anchor is then it i. Great to see you this morning. Tell us the mood here this morning. I think we will find out the mood in a few hours with athens slowly waking up this morning. It 6 00 a. M. Here less three hours into capital controls. A lot of people not awake, they will be finding that there country is a different one from the one that they left yes they. Capital controls imposed at 3 a. M. After an emergency meeting we can see limited money being able to come out of the country. We have daily limits being imposed on the amount of money that can be taken out of atms. Pictures snaking around the block over the weekend. 60 euros is now the limit. A very different country for
Concerns, down by close to 2 in australia. The read this morning down by 1. 5. Thank you julia. Greece has been making headlines for month now but surely not as badly as today. The debt drama has he come up old lung rices with capital controls in place and the euro taking a hit. Lets go over right now where our anchor is then it i. Great to see you this morning. Tell us the mood here this morning. I think we will find out the mood in a few hours with athens slowly waking up this morning. It 6 00 a. M. Here less three hours into capital controls. A lot of people not awake, they will be finding that there country is a different one from the one that they left yes they. Capital controls imposed at 3 a. M. After an emergency meeting we can see limited money being able to come out of the country. We have daily limits being imposed on the amount of money that can be taken out of atms. Pictures snaking around the block over the weekend. 60 euros is now the limit. A very different country for