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Down from yesterday. We can see the glaring red in australia, that is what is following the u. S. Treasury move we saw overnight. 10 year aussie bonds up 10 basis points. They yelled at the moment. Yield at the moment. Take a look at treasuries. Yield, we areear well above 2 at the moment. We are slightly lower in the asian session. 2. 13 for your 10 year yield. With the japanese 10 year, jjb at 10 basis points. Speaking of the trade data, it hasnt looked pretty in china. China,prise index for emerging markets, and the world. At this point, we are seeing all of that in negative territory. This traded at we are about to get doesnt look like it is changing that story. Rishaad 43 minutes before the indian session gets underway. We have u. S. Inflation data. We are looking forward to indian inflation data. Looking at the bond market again, it is on a tear. Yields falling below 6. 5 on the 10 year. ,ooking at the ruby, rupee another move up for the currency. Lets get over to beijing to seli ....
Set back from the brink, putting independence on hold and calling for negotiations with madrid. Betty we hear often, what are the black swans out there . Perhaps a few months ago you would not have heard catalonia who would have thought this . We have seen Market Reaction in europe in particular to the further independence moves by catalonia. Spain saying this is deferred independence we are facing. I want to show a quick chart to show so far how isolated this is. It looks like it could possibly spread. 99, the white line showing you that point where we started to see more and more about the independence referendum. Falling, dramatically diverging with the euro stoxx 600 index. That gap looks to widen as we see a bigger and bigger rift between catalonia and the madrid government. Yvonne seems they are still delaying this independence push. Country, the politics and economics side of things, threatening a key economic region for s ....