Commodities largely oily largely avoiding the rout. The latest from Goldman Sachs. This is Bloomberg Markets asia. Haidi as you mentioned, it wasnt smooth sailing. It was quite a stomach churning roller coaster. Buckling and go along for the ride. Opening the dow with that lunch, and we had a 25 minute period with a swing of more than 900 points before we had major u. S. Stocks finish in the positive. The question is, is this the new normal . His volatility back with a vengeance . Lets take a look at how things are tracking when it comes to the asian session. We are seeing this recovery mode playing out when it comes to Japanese Equities. Some of the hardest hit yesterday in the selloff. The topix rising about 3 at the open, the nikkei 225 also up by 3 . This is being driven by tronics best buy electronics by electronics and auto. David finally we can focus on the data coming out. There, and the words of bon jovi, because that has almost been the anthem across markets. Really living on
In new zealand and in germany. Before germans went to the polls, we did see what was going on with valuations in the benchmark dax. The dax is showing Equity Investors are not conflicted. The dax trades at about 13 times its expected profit. That is well below msci priced ratios. Ndexes overweight. Just half an hour to go before we get these art of the session start of the session in hong kong and shanghai. It is now 135. There has been guff of Interest Rates going up. We have been doing this for years. Once has oit faulted. Rashaad every time i go to england, my trip becomes more expensive. Entering the 4th quarter. High grade. F expect thos three to hike. Equity markets doing good. Japanesef the weaker yen, it is no longer here. A little into ems. Getting out of the bond markets, we are seeing yields of. Up. Percent. Is up 0. 4 starte seen a downpouturn to flow. Watch out. This is your 200 day moving average. There is your chart. 51 on our terminal. We could be talking about election
Waste of time and he is going to do what must be done. And even though some of the major markets are closed, investors are going to keep eyes on simmering tensions in north korea. We are going to get the Hong Kong Survey for the Fourth Quarter out of japan. Theyll get a glimpse of how businesses are feeling about the economy. You were just mentioning the top of the headline about shinzo abe and his prospect. Represented by the blue line here. That certainly has benefited exporters. Recentlyn see, as of we have seen that. With thehat has to do Dollar Strength we have been witnessing. We are going to look at how businesses field. Sincest monthly gain february. Losing a it of speed wrapping up the Fourth Quarter on friday area we see record profits from japan. Here is how we are faring so far in asia. Not a whole lot of action with markets in new zealand kicking things off. Down a fifth of 1 . Strength easing on this monday. We are seeing up a fifth of 1 . Looking for a slight improvement
Miner and one of its top Power Generators talking about a 267r the could be worth billion. Rishaad noble facing another difficult day after its new york listed shares tumbled, it singapore listed stock at a 17 year low. Indeed, noble sure starting trading again, but lets start off with the big stories of the day. Sterling, the at election in the u. K. Taking place on thursday. What we have been seeing is that these terrorist attacks have not had that much impact when it comes to the polls, and indeed by influence, what is going on with sterling. Sterling has been beholding to the polls in a different sense. Show how as the labour party has been doing better in recent weeks, recent days even, we have seen of oars weakness for sterling. True when we had of course the pound weekend for the tories, so an inverse relationship if you will. It seems these terrorist attacks do not have a huge political implication running into that thursday poll. Side i suppose the other you could look at in t
Using a chat room to rake foreignexchange prices. Ago, before we get underway in hong kong and china. Singapore, taipei, and kuala decoupling up through what happened in the u. S. Again struggled to get to that 20,000 level in the dow. After what we saw in wall street, in asia were headed for the best january. There was a surge we saw in metals. We see chinas factory prices accelerating. Highest arises in a month. Ls on the rise there. Elsewhere in the region, extending the rally for a seventh day. The sbi closing at 7000. The highest since november 2015. The nikkei up 0. 1 . The yen, a two day climb. Carmakers and Electronics Producers among the biggest gainers. Toshiba up 4. 8 . As 5. 8 . Ising as much here is a look at what is going on with that stock. We have seen it surge on signs lenders will support the japanese company. Banks say toshibas main have not had financing since february. It may be difficult to receive loans. There wast toshiba warning of a writedown on their u. S. Bu