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Rishaad japans recovery on track, growing for a fourth straight month, the best performance since 2008. Investmentaba the to in chinas largest hypermarket chain. Rishaad we started with the markets. 6647. S a technical chart it is showing a double top formation. Msci asiapacific index slipping from last monday to friday, halting a rally that had lifted 6 . The asian gauge risk of a p technical pattern, which means the path of least resistance would be to the downside after it hits it. Fatigue, ifse of nothing else, creeping into the markets. The u. S. Session, thanksgiving towards the end of the week, and in asia, a loss of momentum of the that continuation japanese recovery story taking place. This week is all about centralbank minutes, the ecb, rba, and the fed. Four for rate hikes in 2018 supported by the october minutes. David im looking at the wti screen to show you the nuts and bolts. Sophie the kleins for the despite25 and the topix trade data indicating the best performance now ....
Worldwide exchange. Good morning on this holiday week. Lets get to the market picture. As we said, we did have declines for the dow and the s p last week the nasdaq was able to hold on to a 0. 4 gains came on slight losses on friday as we said for the week its held slight declines, two in a row for the dow. This morning we are pointing low. A little bit of weakness and thats fed into futures markets. Dow is down 13 yields slipped again last week ending at 2. 35 on the ten ear. Weve slipped a little further over the week end. 2. 34 at the yield on the ten year, short end of the curve they have seen yields rising so that flattening. Its a bearish signal. Its been one of the biggest stories over the past week we turn to asian equities, really a mixed session there today. We saw the japanese nikkei close lower again today down. 6 of a percent. Man, talk about a reversal of the chinese stocks the hong kong hang seng is up. 2 of a percent shanghai composite up. 3 of a percent. Thats after st ....
The dax in germany up by. 2. The cac in france is up by a quarter percentage point the ftse is flat crude oil ended down by about 19 cents for the week last week this morning its down another 17 cents to 56. 38. A couple big stories were watching geopolitics. Germans chancellor Angela Merkel said efforts to form a Coalition Government has failed. Merkel has been working for more than a month to work with the, quote, free democrats and the greens after losing ground to a far right party in the september election if a coalition cannot be formed merkel could form a minority government or call for a new election youre looking at the euro down. Big questions about whats going to happen in that country. Also, in Corporate News, Marvell Technology is reportedly ne ....
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