a bit of seeing vindication. day led losses, but the offshore renminbi, hitting level. off that we are seeing it in the japanese yen, strengthening slightly, but still holding around 114.34. kbit of a sweet spot when it comes to japanese equities. let s look at bond market bond markets. 11-basis point jump. you see some of the banks in tokyo. 318 is where we stand right now, and that is falling to her when it comes to australia, back to 274 year 10 year yield. we have seen the rate differential between the u.s. and australia continue to widen. more downside when it comes to the aussie dollar. their 10 year jgb now at 15 basis points. we are at levels where we could see some boj action here to step in. renminbi, 6.90, weakening 1/5 of a percent. this will dictate what we see for the rest of asia fx. david: 2.70 on your aussie 10-year. speaking of australia let s head over there to sydney. paul allen has an update of our first word news. the wife of the former malaysian pri
carrier deal, a beefy union thug is using salty language to challenge trump s math. chuck jones is the president of a local united steelworkers union, he said trump lied his ass off. he said they pulled a dog and pony show on the voters and he almost threw up in his mouth. chuck jones has done a terrible job of representing workers, no wonder companies flee the country. jones doesn t want trump to get credit for saving non-union jobs. the truth is, there was a great union chasm. and people like chuck jones wanted hillary clinton to win so they could deliver the rust belt to another pro-union democrat so they could give dues to people like hillary. in ohio, hillary clinton lost among union households, 49-44%. something like that was unthinkable even four years ago. now bosses have set themselves choking to death under a union strangleholds. member o member this election saw the rank and file turn on the bozos in charge as they started to think and vote for themselves. it s n
is using salty language to challenge trump s math. chuck jones is the president of a local united steelworkers union, he said trump lied his ass off. he said they pulled a dog and pony show on the voters and he almost threw up in his mouth. chuck jones has done a terrible job of representing workers, no flee the country. jones doesn t want trump to get credit for saving non-union jobs. the truth is, there was a great union chasm. and people like chuck jones wanted hillary clinton to win so they could deliver the rust belt to another pro-union democrat so they could give dues to people like hillary. in ohio, hillary clinton lost among union households, 49-44%. something like that was unthinkable even four years ago. now bosses have set themselves choking to death under a union strangleholds. member o member this election saw the rank and file turn on the bozos in charge as they started to think and vote for themselves. it s not just auto workers and steel peeps. teachers wan
raise $2 billion. haidi: haidi: oil producers considering extending cuts. six nations say more time is needed to train the global glut. rishaad: china southern confirming a stake sale with american airlines worth $200 million. suspended butock should resume when the session gets underway. , thatlooking at kaisa forerty developer suspended two years will resume trading. so a lot to look for two in the session ahead. haidi: absolutely. we are seeing a risk off session so far to kickoff the trading day. lookof fence the two forward to, janet yellen speaking on tuesday, and as you said, hope springs eternal. aroundd get more color this monetary policy trajectory out of the u.s. given disappointment and concern over president trump s political capital and ability to push through these tax progrowth policies. we are 30 minutes away from that open. let s get it over to sophie with a look at the markets. what a great way to start off the week in asia. sophie: risk off this monday. we
volumes are heavier than average the shanghai composite. the hang seng is up, and h shares up. chinese stocks listed in hong kong, and leading the charge, and shanghai. and southeast asian currency doing right now we had sharp gains last week. this morning, that is when the weakness started to creep back in. together,t everything the dollar index, if i am not mistaken there we go. the dollar index is a little bit lower, a fraction really. this is a function of the majors, not really because of , and the fedan fx funds futures, what are the chances of a fed rate hike? about 40%, and that is a moving target, obviously. don t hang all of your hopes on that one. and stanley fischer, and during the imf, they are keeping these rates, and we are looking at december, of course. moving target. i will be back later on to flesh all of this out for you across markets, across asset classes. back to you. some are going on a series of cost-cutting measures, including cutting jobs. which