After months of no magic, Shanghai Disney throws open its doors today. We will assess theme parks in the coronavirus era. Mixed we are looking at a , possibly positive start for asia. Lets go over to sophie looking at the markets. Sophie asian stocks setting up for a week delivering more Corporate Updates with about 500 companies on the msci aipac to respond this week. And the impact of lockdowns certainly how look growth will be impacted is going to be in focus. We will look at korean trade for may area so this one is edging lower, may. This one is edging lower. Chicago nikkei futures edging higher. The 10year yield adding seven basis points. Tracking the move we have seen of supplyelds pressures prelooking at the offshore yuan over 7. 09. It will bring us Monthly Economic activity data from china this week. Look at the pboc plans to strengthen Monetary Policy report and Pay Attention to growth and jobs on the mainland. Lets look at commodities this morning, oil edging lower after two
The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
We are looking at a contraction for the year between 1 and 4 . Looking at where china is, reality starting to bite, trading lower right now. Pmi front and center. Chinas economy has been damaged. A lot of the world still is shutting down. The downward revision in expectations may only be just beginning. Nikkei, lower by 4 . Jitters also there in the market. For globalmism governments to cushion the blow from the coronavirus outbreak. Lets flip the page, take a look at where we are in terms of the dollar. Easing a little. Theaussie below 60 to dollar. Is,ng a look at where crude down by 1. 5 there. Traders weighing the extent of against the 2 trillion stimulus package. The oil glut meaning we are running out of space to store. Yvonne things turning south now. It was after we saw global stocks register a rare back to back again on wednesday. Asia looking mixed. Japan seeing substantial pressure now. Lets get more context with david ingalls. Things are starting to turn a little to the dow
Lets have a look at what is going on with these markets. We would normally be looking at the nikkei, but tokyo is looking at the public holiday. There we go. Taiwan moving to the upside. Hang seng adding to some of the gains. Overall, we are seeing a mixed bag. Shanghai is lower. The asx 200 not having a good time. Lets have a look at the other Asset Classes which are perhaps on your radar here. Kicking things off with a look at gold, just down a fraction. Investors are sticking to their guns. We have seen it shifted to gold ever since the middle east tensions did come to the fore with the downing of that jet and the killing of general soleimani as well. 1556. S just at the moment 98. X crude, oil holding onto the biggest weekly drop we have seen since july. Easing tensions regarding whats going on in the middle east. On top of that, the pound is a little bit lower. There is the possibility of a rate cut. The bank of england policy maker showing that there are no signs of the economy i
Philippines down quite substantially today, around 1. 4 . Not really feeling your sort of risk on mood we had several days ago as well. Not to mention in case you missed it, the tie chin pmi numbers a little soft. I mentioned dollaryen. Dollar, the loonie was actually under a lot of pressure. Dollar, dollar, dollar, canadian dollar. Pressure on friday given the move we have seen here. The aussie dollar dipping below your . 70 level. As promised, very quickly, have a look at brent which is now back above 70. You have gold pushing 1600 an ounce. The entire crude your futures curve, you can look at it almost by the hair from the floor on friday. The longer end, and the reason i am pointing, the longer end of your japanese bond market seeing a substantial lift and the move back into haven place. These. Track all of yvonne our top story, the fallout from the killing of a top Iranian Military commander is widening. Lawmakers have voted in iraq to expel american troops and iran says it will n