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Bishops plans to take on local rivals have stalled in shanghai. Asiagood morning to our asiapacific viewers. Upside, four the for four days in a row. Yvonne, it is valentines day so investors were feeling the love. Have my pink and red valentines day tie in gettingion as youre ready for the year of the dog in china. Interesting what happened. 2. 12 is where it came in. When s pxpecting 1. 9 cominget numbers were in. We ended up near session highs. Vonne despite how we see yields heading higher, it seems were shrugging off inflation print and adding to risk. The interesting to see s p 500 reverse and gain back the losses from this year already. Ramy lets get more into this yvonne, because the s p 500 advancing four days in a solidifying the rebound despite the higherthanexpected set by a decline in retail sales. Down, su keenan is here with more. It seems the bulls were ready to run. Su it seems were getting two stories, perhaps the economy not as strong as we thought with the decline i ....
Seoul. Will be live in the bond route continues. The contagion when it comes to equities playing out in the asian session. We had that 600 point drop to the dow. Asianf extended in the session. A huge week when it comes to the data. Four centralbank meetings. You have australia, centralbank in the philippines and looking at the reserve bank of india. Very interesting to get any policy reaction to that fiscal situation of the tell by the latest budget. In the meantime, looking at treasury yields and the features looking at more downside and this is playing out in a negative way in asia. 30 minutes out from the oven in china and hong kong. Hang seng looked at the barometer when it comes to the bearish sentiment in this world as part of the world. David, were watching everything. There are a lot of trades play ing out. David it is getting worse as we speak. Markets open at the moment. On a markets like taiwan flip. We will at teachers on a significant decline. A lot of centralbank decisio ....
Designing also, caution is in the air as President Donald Trump prepares to address the nation and the world. He will call for unity after a deeply divisive year. Yvonne just starting things off with breaking news out of south korea, Industrial Production numbers missing by a longshot here, here are your numbers, falling 6 for the month of december. We were expecting that we would see a bit of a rebound here of a contraction of 1. 5 . We were expecting in october 6 soe saw that plunge in we have not seen the momentum yet when it comes to these numbers even though export growth still remains quite strong. There is a lot going on with the south korean economy in general. Something to watch here, the month over month numbers not looking good as well. The territories down half of 1 . In the meantime, we have been talking about the red across the screen for the last ....
The disney tv business is in retreat and the studio awaits a comeback, and a new shutdown showdown as President Trump says and get on, if it helps break the deadlock over Immigration Reform. Yvonne day two of the World Capital symposium in the conversation has changed in the last 24 hours as the market meltdown is questioning whether this is some type of correction or if we are even close to a bear market come but we went to the worst a of the dow on record to the best day in 2016. How real is the rebound . Volatility seems to be still here to stay. Betty that is right. What is interesting is that last month, only a few weeks ago, the great, all of economic rights, talking about global secret nice growth and the upswing, and in the market said no, not so soon. Delivered a reality check to anyone who seemed optimistic ....
Also announcing a Share Buyback worth 300 million. Always lots of airlines pu ns. , in theof up and down bond market, this chart 6473, a constant worry for Market Participants when they look at the highyield corporate debt markets represented by the white line. We have seen a declined in the highyield Corporate Bond etfs. That has some worried whether this decline will spillover into equity markets. That does not seem to be the case when you look at the gap between highyield debt and 10 year treasuries. Range, has stayed within represented by the blue line, and that is reassurance or market watchers, seeing the highyield behaving like what we are seeing in treasuries, so not likely to be a catalyst if there was more market turmoil. We dont see contagion when it comes to the credit space. The price action after the fe ....