Positions overnight. We dont know what will happen. Even in japan yesterday stocks snapped their earlier gains to close down 4 and we just saw the nikkei reverse those gains right now. We may see another volatile day as chinese stock market swings again. Just had a look at the stocks. All over the place, positive, negative. Currency markets no stranger to some of these wild swings, mayu. Give us some of the levels, specifically dollar yen. Well, the dollars doing a little bit better right now. The dollar recouped some of its losses after chinas Central Banks fifth rate cut since november but its still in a down trend, 118. 75. The euro is edging lower after hitting 117 level monday. Its around 1. 1556. So some are buying back the dollar after purchasing currency to avoid risk like the euro and the yen. Big focus will be on the shanghai composite. Well see how it reacts to chinas rate cut. Ill be back with an update in a few hours. Back to you. Very much looking forward to that. Mayu yo
Positions overnight. We dont know what will happen. Even in japan yesterday stocks snapped their earlier gains to close down 4 and we just saw the nikkei reverse those gains right now. We may see another volatile day as chinese stock market swings again. Just had a look at the stocks. All over the place, positive, negative. Currency markets no stranger to some of these wild swings, mayu. Give us some of the levels, specifically dollar yen. Well, the dollars doing a little bit better right now. The dollar recouped some of its losses after chinas Central Banks fifth rate cut since november but its still in a down trend, 118. 75. The euro is edging lower after hitting 117 level monday. Its around 1. 1556. So some are buying back the dollar after purchasing currency to avoid risk like the euro and the yen. Big focus will be on the shanghai composite. Well see how it reacts to chinas rate cut. Ill be back with an update in a few hours. Back to you. Very much looking forward to that. Mayu yo
Paralympics main stadium are standing by their plan. They say the facility could be built for less. And south Africas Deputy president visits japan in search of stronger business ties. Japans Prime Minister schenn zoe abe and u. S. President barack obama have agreed to closely coordinate policies over north korea and plunges in share markets. The two leaders talked over the phone for about 40 minutes on wednesday. With the u. S. Side proposing the discussion. In the conversation, they welcomed the news that north and south korea have reached an agreement on easing tensions between them. The leaders also agreed to koord nate views on stock plunges around the world. Obama expressed a positive view of the statement abe made to mark the 70th anniversary of the end of world war ii. Obama also touched on alleged spying by a u. S. Intelligence agency on the japanese government and businesses. That information was disclosed by wikileaks. He apologized for causing any trouble, saying his govern
So we are watching what is playing out across the european markets. Thats impacting the broader stock market. The banks are showing the stoxx 60 down by 1. 26. Today is a day you buy because traditionally the market is high and then you sell out on the first of may. Thats the halloween strategy, but some investors might be spooked by the corporate report across this earnings season. Well drill down to see where the individual gainers and losers are on this market. Top of the media stocks, oil and gas, fatigue is setting in around whether there will be implementation around the opec cut. Telcos is also down. Enough so that this is one of the weakest ones down 6. 57 . And industrials, down. 40 . Youre seeing a little pain this morning. Food and drink, we are down 1. 1 . Some of the big Luxury Companies are moving higher. Lbh is positive in the early part of the session. Media stocks, wtp, 3. 2 higher. Its the top performer in the stoxx this morning. Lets take a look at how we are startin
The economy will average 3. 5 growth and create a total of 25 million new jobs. You can visit our website. Just look at the math. It works. This growth means that our jobs and plans, including our child care reforms that ivanka trump, my daughter, are so involved in will be completely paid for in combination with proposed budget savings. It will be deficit neutral. If we reach 4 growth, it will reduce the deficit. It will be accomplished through tax,plete overhaul of our regulatory, energy and trade policies. Right now, under the Obama Clinton policies, the economy grew only 111 less order your and number that was shocking to people that do this professionally and for life. It translates into millions of lost jobs and certainly millions of lost good jobs. Because we dont have good jobs anymore. Those jobs are gone and going. This is the weakest socalled recovery since the great depression. Over the last seven years, the economy only grew 2. 1 , the 70 period in 70 70 years. Under reaga