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Transcripts For BLOOMBERG Bloomberg Markets Middle East 20170801

China. The private factory gauges rising for a second month to its highest reading since march. The united00 a. M. In emirates. Im yousef gamal eldin in dubai. David im david ingles in hong kong. , andyou look at markets really have a look at what we are looking at across the board, we have equities against the u. S. Dollar. Yields are backing up as well and we are getting a followthrough move. Tback to the here and now. Two pieces of data today, the services pmi out of china, the private gauge. We also had exports coming out of south korea. When you put everything together and you put that together with the move up and commodities we have seen over the last week, it tells you the underlying fundamentals have really improved, maybe going back about a month and a half. This is one the rba decision comes into play. We get the decision out of sydney in about 20 minutes or so for the we also get the mediumterm output. How do they balance an economy that is in much better shape than the las

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