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The press. Shes saying the dialogue could resume but shes saying the stop. Ue needs to she asks the republic whether they want to see hong kong full abyss. E pretty Strong Language from carrie lam. She says hong kongs economy is suffering further. Of course, shes already warned about the impact on the economy. David . Yeah. Dialogue can only resume after all the violence stops, which is line from what we heard from yesterday. Uptodate on everything she mentions here. In the meantime, of course, lets have a look at the damage far. Hang seng index down. The politicaling turmoil spread. That chinaat shanghai composite down, thats of thatgesting some gross falling to the Second Lowest this year in july, reflecting weak demand in china. Possibly more stimulus from the government to juice that economy. 6 . Hang seng down almost 1 hong kong stocks under pressure all morning with the ....
Up and if you are hooking where is the onefill feens to watch. Also, quite a lot of room for the bank. And the most of the year. Up by almost 40 . D climbing up since trump is said there issue a hike. Ap currently up 40 . This it currency. 708, 11 at this point. China has come up. And it will not use the currency as a tool in the trade war. But it is important, it came in weaker, than stronger than the levels. Nd the bopped markets. 172. And yields go to the lowest trump came to power. Swrump ourse, rl it did. D inching slightly 101 and we are talking about the bopped market. Poiven 9 in may. Ap 7. . The bopped rally. P futures when the market gets under way for the minutes time. We are looking at losses to the losses that we did see in mopped here as well 89. Government ause the o the constitution 0. And that would be the kashmir has. And sending. falling against digest arment and as we the pots bilt. Friction between the two Southe ....
We will look at the performance of asian makers and hear from General Motors. Lets see how things are shaping up for asian rackets. Markets. Roilings tweets are markets and the stocks look to be opening at a low. Taking a look at nikki futures, down a little more than 1 . This brings on the prospect of more retaliation. That will be way down on the. Hares of these Asian Companies especially when japan opens, we will be seeing whats going to happen between japan and south korea. We are expecting the Prime Minister to have an announcement about how they treat those south korean companies. Looking closely ahead to that as well as checking on the commodities later. Sophie thanks so much. Checking in on the terminal. Oc been numbers coming up, rounding out the three big lenders. Net income at 1. 22 billion compared to the es ....
India. Into whats going on in the markets. It is a negative day. Sentiment dictated in part due to what happened on wall street worried the nikkei up 1 . Hang seng 2 down. Awaitross the board as we the fed, the gdp numbers, we have a lot of moving parts. The pmi numbers, slight increase. Optimistic about what will happen in the next quarter, the current quarter. Part of that optimism down. Apple this is part of the apple supply chain in this part of the world. Lg display, nearly 8 down. Optimism being shared. Pegatron up by 7. 2 . Samsung electronics for different reasons, down 2. 8 . At one state, it was the lowest level in three months. The Earnings Call does not exude confidence, saying the current trade war was producing all sorts of imbalances and uncertainty, which has made people delay buying chips. The margins on chips are also narrowing. Lets look at pmi. It was showing a little bit of an uptick from the previous month. Th ....
And trade talks go back on hold until september. No progress in shanghai, but washington says the brief meeting was constructive. Break downr, we will qualcomm earnings and the challenges it is facing with bloomberg intelligence. First, lets get you started marketsheck of how closed this wednesday session. It was a down day across the board. Every sector in the red. We had that 25 basis point cut from the Federal Reserve, but it was taken more as a hawkish cut with chair powells comments. We saw significant pressure there. We have seen a roller coaster ride throughout the session. The s p 500 did rebound a little bit when fed chair powell did not completely rule out further cuts. The nasdaq was down more than 1 and we continue to seek u. S. Futures under pressure. 10year yields were pressured for a fourth consecutive session, although twoyear yields jumped. Not really yielding significant progress causal not really yielding signi ....