Certainly it is positive tailwinds when it comes to thailand as we open up the market up a fifth of 1 , the thai baht is strengthening. Counting down to india we will see if the equity rally extends. Throughout the session, you are seeing multiasset risk on the table on the back of not just the fed, officials being less hawkish but signs of state lying when it comes to china. Rishaad you look at the ruby it is edging off lows as the dollar weakens and markets overall are higher. Asian shares rising. Thanks doing well given that the Sovereign Wealth Fund is buying 65 million u. S. Dollars into big banks. An oil price on the way down and well, what do we have . Interest rates, expectations, just being i suppose people are more optimistic, the glass looking helpful halffull. Yvonne we heard from christopher waller, Suzanne Collins from the boston fed on their outlook when it comes to rates. The real side of the economy seems to be doing well. The nominal side is the direction we want, so
News of another recall, 2. 7 million airbags. Jamie dimon has a warning for investors and all amazing policymakers. Rishaad china may offer new implications. Are on the cusp of the u. S. Earnings the season. Having a look at one thing. Taking a look at perhaps could be happening here. 2459, this chart is looking at corporate profits, suggesting we could see a slowdown down worldwide in the second half of the year. All of this according to j. P. Morgan chase, going on to say that the global Producer Price index has a correlation to delivery. Asts what we have coming up the earnings season beckons on the heels of recent market turbulence. That turned him coming to the Producer Price index globally speaking, so heading into earnings season to see if that analysis in any way shape or form is correct. We are watching earnings. We are back to watching the fed, centralbank all, and where they go from here. Janet yellen preparing for her testimony to congress, plenty of clinical distractions t
The ting jay y. Lee as investigation into south koreas scandal looks to iden to other conglomerates. Takata surges in tokyo after maker ubled airbag settles on a billion Dollar Settlement in the u. S. And with trade data from china will the implications of presidency be reaching. Examining reaction to at whats ng going on as far as the yuan goes, were still about 29 inutes away from the start of trading here in Hong Kong China a mixed picture when it comes to whats happened so far. Who is ve look at coming online and how they are changing the narrative. Malaysia, all starting their session. Kick off with in thegoing on, currency space given that a dollar is showing weekly loss. Fed chair yellen bolster the case of tightening policy. Traders tell us that funds overnight low to further unwind dollar ong positions and that laernl exporters are seen elling the yuan keeping below the 1,200 yuan level koreafter the bank of held its rate at 1. 25 , as largely expected. We do have gold steady
Emirates, 5 00 a. M. In london. I am yousef gamal eldin. I am sherry and in hong kong. Welcome to Bloomberg Markets middle east. Risk off sentiment, the dollar gaining, the yen trading near onemonth highs, but the question comes to gold, now rowling for a seventh rallyingve session for a seventh consecutive session, but investors in a tricky position there. Is in thee excited he gold trade. They are not expecting that much. Gold has rebounded 6 since december lows. Let me show you the chart you should pull up on your bloomberg, the implied volatility for that gold trade, twoyear low, your line in white. We have added the 10 year breakeven rate, the key gauge for inflation. And the world,st but it is a decorrelation, the biggest of urgent sense december 2014. As the data shows, expectations relatively neutral given the talk we are seeing in this market. We are seeing markets a ia, confused across as trading all over the place, although the regional benchmark declining. 2 , hang seng gai
We are about 30 minutes away open in china and in hong kong. But singapore and malaysia have into whatonline really is a pretty lac lack lusr market. Of course, u. S. Markets have been on holiday for the president s day holiday. So a subdued start. The region, pairing the earlier drop with the costly about 7 10 of a percent. And Australian Shares down about 2 10 of a percent. Aussie took a brief dip but they have since rebounded. A lift,ar yen, getting thatd president s comments a march hike isnt off the table. Leading and financials the rise. Quick check on some of the movers today. Toshiba also in the green today on reports that it may begin the for its chip stakes sale this friday. Going onnto whats over in singapore. A percent here. We did have singapore deliver a budget that hopes to keep growth above 2 . We did have the second finance minister speaking to us this budget, telling us the is about having a new direction mediumtermgh that hump. He did note that the oil and gas indust