Sentence. This is Bloomberg Markets middle east. Im yousef gamal eldin in dubai. A lot of the reaction we are seeing in the Asian Session is still a little bit in response to what we saw on friday. Jump into the bloomberg with me and lets take a look at the Global Market map. Some of the japanese stocks coming under german this pressure. The nikkei down 2. 5 . Electronics makers the biggest drag. The asiapacific index is on course for its biggest drop in almost 14 months. That is some context for you there. The Foreign Exchange space downg you got the chinese , also the brazilian r the brazilian riyal. Also some readjustments on the trade wti down over 1 . I want to show you what is happening with the bloomberg dollar index that is key to this conversation. A little bit of a downside as we speak. Dollaryen wanes. We see some of the capital flowing into that down 2 5 of 1 . Two blips. R up by u. S. Equity futures, where are we at . Down almost 2 5 of 1 . Lets check in on some of the big
That could be the first signal we have seen of the impact of brexit and other geopolitical concerns on the chinese economy. In june, imports down 2. 3 year term. R in chinas exports better than expected, rising by 2. 9 percent in july. The market was looking for a figure of 2. 3 , well up from the 1. 3 rise in a sports year on year in june. Certainly, a big boost in terms of surplus. A big miss in terms of imports. There has been the impact of the brexit vote. Exports rising up by 2. 9 , so at least some good signals there in terms of Strong Demand for chinas exports. Still awaiting u. S. Figures to come through. Bloomberg was suggesting we should see 47. 3 billion trade surplus for july in u. S. Dollar terms. The quick math on the trade balance, 51. 5. We have to wait for these to be the be averaged out, but it still come in terms of, looking at imports and u. S. Dollar term imports. The estimate is 7 . That should be a little slower in terms of what we saw in june. Exports in u. S. D
Low cost 5c iphone is selling. Whats billed as the tabloid trial, Rebekah Brooks and andy coulson are on trial in london. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. All right. A very good morning to you. Thanks for joining us. We have a shortened Worldwide Exchange today. Just an hour of the good stuff because the clocks have changed in europe. London is ahead of gmt but the u. S. Hasnt changed. Well go now and well squeeze inasmuch as we can. Ftse 100 up 8 points. Five year highs. Xetra dax up. The cac quarante down 10 . Much stronger in asia hitting a fresh record high. The nikkei trying to recoup some losses from friday when it was down 2. 8 . Roo he bounding today, up 2 . Some of the pressure off the end. We have the bank of japans Deputy Governor coming out saying theres more stimulus if we need it. Shanghai fairly flat. Hang seng up. 4 . The s p asx up 1 . Take a look at u. S. Futures following that record close again for the s p
Host Walt Mossberg, has technology plateaued . Guest oh, no, absolutely not. Absolutely not. Technology is always changing and always coming up with Technology Companies are always coming up with something new, and there are new Technology Companies all the time incubating, a lot of them are in what we call stealth mode. We dont even know who they are. Certain technologies plateau and things move on, but in general, no. Not at all. Host i guess i ask that because the last couple years weve had the explosion of smartphones, weve had tablets come online. Whats out there . Guest well, first of all, there are vast numbers of people especially in the less developed cups, but even in the developed countries who dont own a smartphone and, certainly, there are vast thurms that dont own numbers that dont own a tablet. To give you a rough example, apple which leads in the tablet market has sold somewhere around 160 million ipads since 2010. Thats a remarkable achievement and for people that own
Flooding and mud slides. Clean up began early and is lasting through the night. Here is a look at the nights totals starting with today. Napa got more than 2inches of rain. Concord 1. 34inches and 1. 21 for San Francisco. The winter storm warning is still in effect for the sierra until 4 00 in the morning. A Flash Flood Watch was extended but expired just about an hour ago. We have live coverage. Debora villalon and patti lee are out in the elements where problems still persist tonight. And we have the latest from mark tamayo who has how long the rain will persist. It has been quite a sequence starting last thursday. Take a look at the numbers some parts of the bay area picking up significant numbers, look at kentfield over 10 inches. Napa over 7inches. Santa rosa 6. 36. And San Francisco over three. By comparison parts of the south bay and east bay not taking up nearly such. All the energy focused to the north. San jose only picking up 8. 4 and hayward 6. 8. As far as last Storm Track