All right, a lot of news to kick off with. That the week that investors will focus on. Not a lot of Economic Data in the u. S. This week to drive markets. Everything from washington to , listening to what janet yellen has to say about Interest Rate hikes going forward. Lot of focus on Balance Sheet reduction, but also a recognition among fed and the and president s fed chief herself that inflation will remain low going forward. We continue to watch fed fund futures. Is what we are seeing when it comes to a possible rate hike for december. It has come down a bit from the fed minutes last week. The topic will be Financial Stability in wyoming. Any thing from janet yellen that could send a hawkish signal. Mario draghi more than janet yellen, reports that he is not planning any surprises, but he may talk down the euro. He has had a tough time with a lower dollar. That is complicating matters. A reminder for viewers on how markets closed friday, another day of jitters, but not as much. When
Wargames start this trading week , a few jitters, a mixed the session, msci asiapacific nding declines from friday extending declines from friday. The palace intrigue, steve bannon returning to breitbart, the latest in high profile departures from the Trump Administration. Macrolike when it comes to asia and globally, but 54 or the eight, local Central Banks are what we are watching, culminating a week of fed speak from janet yellen and mario draghi in frankfurt this week ending up in wyoming, jackson hole, the central bank meeting, expect ring a cautious mario his comments about the Balance Sheet about Interest Rates and inflation taken wildly by the markets this year, but not expecting a massive policy surge from him, but there could be comments on how the stronger on inflationing expectations, and listening for Janet Yellens comments, guidance when it comes to the richer directory and talents sheet unwind. The ecb, not expecting shock and all from mario draghi. 2014 had him using ja
What,d right, just gone i am Rishaad Salamat in hong kong. Haidi i am haidi lun in sydney. We are setting up for a muted start to the trading week. Japanese trade members worse exports at least disappointing, dragging down the nikkei. We look ahead to the china open, contract showing a negative open as well. Rishaad indeed, the lack of momentum after a lot of momentum, perhaps this so called reflation trade losing steam. , a fairly muted session on wall street on friday. That wait and see approach on investor minds. 30 minutes away from the start of the session in hong kong. Singapore, taipei, kl coming online. Here is sophie. Sophie we are anticipating a subdued trading day in asia. The bright spot taiwan, new zealand, and singapore. Straight times marginally higher ahead of that budget update today. By. 3 ,ei 225 lower falling for a Third Straight day following trade numbers this morning. The kospi lower despite the rise in samsung shares. Focusing on australia, the asx 200 falling.
Salvog firing the latest in the smartphone wars, unveiling its galaxy s7. Virtua reality is the new growth partner. Follow me on twitter. Dont forget to include the hashtag as well. Stocks having a little bit of a bounce. Rally the biggest weekly in four years. Japan reversing declines. A lot going on. Heresnne yvonne. The nikkei off session highs. There could be boosted sentiment in equities. Overall, we are seeing, we are still down 5 this year despite the best week weve had since 2011. We have paired back from the losses, but we are closer to being flat on the regional benchmark. The big news, the head of the Securities Regulator in china, has been removed from his role. The government really taking action here after last months stock market rout, which did lead to that suspension of the Circuit Breaker system. Analysts say someone had to bear the responsibility. We will see how that reaction is. Bankormer chairman of as will now replace him. Hsbc earnings are out later on today. Lo