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Transcripts For BLOOMBERG Trending Business 20160705

Sailing into stormy waters. More territorial tension between hanoi and beijing as china launches naval drills. Sovereignty their is being violated. You can follow me on twitter. Dont forget to include the hashtag trending business. China and hong kong markets get underway in 30 minutes time. Singapore, taiwan, and my later have come online. Lets go to david. David we are looking at declines in the early hours of asian trade. It is hard to not figure out what the next catalyst will be that drives equity to the upside. Volume is dry. The u. S. Was closed overnight. The jobs data is coming out. Equity markets, which have enjoyed a fiveday run are having a bit of a blowback right now. The rba trade numbers and retail sales are due out in 30 minute time. Asia looks like this. Down. 33 . These are the mining stocks. Going the opposite way for obvious reading is obvious reasons. Have a look at silver. Have a look at gold. Platinum also. Silver touch 21 yesterday and this is where we are havin ....

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