Indexes gained for the day, led by financials. We can say that u. S. Stocks have rebounded from brexit losses. Joe a pretty extraordinary comeback. How many times that we talked about the gains and losses being a race for the year. It looks like it is working. Matt the reversal of fortune x is pretty incredible, 20 lower than on the thursday when britain voted. It makes you wonder what the vix means anymore. It does not seem like it is watching. Noit says there is uncertainty, it seems like it does not understand what is going on. Joe 10 year irish is our bond of the day, a new record low. There is always one somewhere. You can see the chart. Also, lets look at the u. S. 30 year, an extraordinary declining yield. Today we saw a little uptick, but this last week has been an extraordinary drop. Scarlet the pound stronger, the on itsweaker, building postimpeachment rally, an 11 month high. This chart indicates the dollar weakening versus the real. Inflationadjusted rates makes brazilian a
Of the technocrat and says fiscal virtue must be enforced. Let us know what you think of our top stories. Use2w me on twitter1 and rishaadtv, and use trendingbusiness. David is having a look at what is happening does far. Asia closee cap, just to recap, asia flat last week asia week. Flat last taiwan, 3. 96 , roughly in line with estimates. ,xport numbers from south korea first 20 days, slightly lower year on year move,. 3 , call it flat. We are looking at a long streak of monthly declines in south korea, 18 straight months now. Volumes are still quite light across the equity space. Going adjustment. Will the fed raise rates . What we have seen since friday into this morning and into what were seeing right now is a lot of u. S. Dollar strength coming back. Whenever we hit the 100 level, we get decent buying into the dollar. The euro weakening as well. At . 76. E dollar rishaad right. Shares in fortescue on the up up, it tripling on the tripling its fullyear profit. How do these numbers
Also showing the rising stress levels as chinas big banks. No more mr. Nice guy, china no longer wants to portray the president as a populist hero. They will drop the nickname xi dada. You can follow me on twitter. Underway in 30 minutes time in hong kong. Shanghai getting going, as well. No trading in japan today. When it comes to equities, here is heidi. Japanese we are seeing continuing to take a beating. Down. Is is how japan is continuing to come under upside pressure. This is how we are looking at in terms of the markets that have just joined the trading day. Another down day. Similar losses when it comes to markets in kuala lumpur. Quarter gdp numbers missing the contraction of the 10th 7 , worse than expected. Of 1 , worse than expected. Kiwi markets up. Cindy flattening out. Ney flattening out. Search in crude prices overnight. Inventory continues to evolve. Upsaw asian currencies alongside that enormous surge in the yen yesterday. The new taiwan dollar reacting to that number
U. S. Stock futures declining. Heres how asia looks. Youre seeing a mixed trade across the region with some Southeast Asian markets coming online. Thailand as well as vietnam both up. Shanghai unchanged but hong kong remains lower. We are following financials as well as banking and Energy Related shares today. Remember, we have Petrochina Company results after the market sees the shares advancing. In the australian and new zealand markets, we are watching the currency after they left open the door for possible easing and in the wake of the Federal Reserve decision we see Commodity Currencies and higher ers falling today could the dollar advancing on the back of that fomc decision, leaving the scope for a possible rate hike in december. In japanese markets, we are seeing shares lower in the lunch break. We will be back in a few moments with the japanese movers. Rishaad one of the big movers in tokyo, nintendo shares down the most in nine months after the company said its new smartphone
PetroChina Company Limited (OTCMKTS:PCCYF – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 21,349,800 shares, a growth of 16.6% from the April 30th total of 18,311,900 shares. Based on an average trading volume of 52,800 shares, […]