Getting a carryon of this sanguine sentiment coming through from asia overnight, we had some exuberance yesterday after hitting fresh record highs. Our hopes that we could get up three chris is tax reform surprise prechristmas tax but are concerned about a partial Government Shutdown if a deal is not reached by next week. Over all we are seeing a pickup in the markets. One thing we are watching his commodities. We of course have a situation where it has been a extraordinary bull run when it comes to commodities so far this year and a lot of it has in down demand in china continuing to pick up. We are going to be looking into the question of whether that will be coming to an end, ryan, given that we are seeing the Housing Demand pull off in china cool off and china. In north korea, sanguine reaction when it comes to the equities markets in asia. You can see on the chart, we ave had the increasingly repetitive indications that the missiles have gotten more advanced incapability or nuclea
Will be ok. It is 8 00 in the arab emirates. I 5 00 in london. Shery i am shery ahn in hong kong, where it is midday. Welcome to Bloomberg Markets middle east. You are seeing them reacting to a stronger u. S. Dollar, rising for a second consecutive session. People listened to john yellen, because people are reacting to that. This extends to gradually reduce the level of Monetary Policy support. Changes in Monetary Policy take time to work their way into the economy. Waiting too long to begin moving to the neutral rate could risk a nasty surprise down the road, because too much inflation, financial instability, or both. Shery the rate hikes is on schedule. This may increase over 40 now. Yousef this is about pricing pressures, and the fed pointing out some a district where there was an increase in inflation. Interesting for those smaller wall street bonuses, the rising costs of living in new york city will play a bigger role. This tells a little story of the fed. This is a chart can pull
Single analyst or the person who comes on the show, and it is valuation, and phenomenal. The cash . Phenomenal. Everything, but year over year, it is potentially the decline. Katy huberling believes it might be better, because of what the street is project iing, but thi is why the stock is stuck here trading between 100 and 105. And does the apple go down the list with alphabet, intel and they have rallied. Well, the ones that did, 10e8d off, and did intel push up the market . It did not. This is a market looking at oil and the fed, and we are looking around the globe to see exactly what is going to be leading this thing right now, and i dont believe that apple is going to kill it if the numbers are bad. And joe, people say it is critically important expected to account for the majority of the earnings growth. Well, it is still going to be multiple earnings over the quarter well, the name, Howard Eisner and i hedged on the name. I just remembered it. Well, apples performance year to da
Rousseffs removal is not priced into the markets. He says the real is his favorite currency. We are less than half an hour away from the market open in europe. London is closed today. However, what weve seen overnight is this move in japan, but that is not being reflected in europe this morning. Looks like a positive open. Japan was reacting to what happened friday when u. S. Markets got crushed. Now we are starting to see a fresh start. , if you want to play along at home on your bloomberg, that tells you what is happening. Lets talk about some of the other assets that are on the move as well. The data out of china, reasonably positive, but dollaryen front and center. The nikkei down 3. 1 . Crude is softer as well. Aussie dollar, watch for that one. It is a reflection on what is happening in china, and we have a Rate Decision tomorrow. That is what Juliette Saly knows about. Juliette thanks, guys. Halliburton and baker hughes have called off their 28 billion merger. The proposed union
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