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result. a bank may move its headquarters from london if britain decides to walk away. follow me on twitter @rishaadtv, include #trendingbusiness. straight to the markets, jitters out there. a few hours from the historic vote in the u.k. people start voting and about four hours. is there an overriding sense of fear? david: caution is a better way to describe it. there is some level of restraint. there is only one game in town. inflation out of philippines, singapore, but none of that matters if you re looking to arbitrage these exchanges at the moment. it is about the u.k. referendum. volumes belowxed, recent averages. some of these that s have piled up a little bit in favor of the u.k. remaining in the eu. generally speaking, the past few days have seen funds go overweight in terms of cash. have a look at what is happening dollar-yen, va doing this. we are closer to the high end of the range. how do you trade this? if the u.k. votes to remain, how do you trade that? so ....
let s go straight to japan, where we are adjusting the rep up between the meeting of shinzo abe and the boj governor. this is the third meeting ever since we had the brexit vote. the yen went crazy, touching 99 usually volatile session. this is what we are getting so far between the prime minister and the bank of japan. the bank of japan can provide liquidity if needed. they can add funds to the market if necessary. trying to, reassure saying that japanese banks have known problems with funding at the moment. corona explaining the funding process at the meeting. abe coming out earlier, saying that the finance minister must continue to pay careful attention to the market. they have been discussing the brexit, what potential issues may arise. he also says he sees no problem with raising funds, keeping liquidity ample in this market. not just in japan, but since the vote happened on friday. it has been a paramount concern for officials. we are looking at reaction when ....
grows faster in the second quarter after the monetary authority eased in april. the economy is still seen as vulnerable. betting on a bank of england rate cut as theresa may names are. boris johnson becomes the uk s top diplomat. you can follow me on twitter. don t forget to include #trendingbusiness. breaking news, south korea keeping its interest rate on hold at 1.25%, in line with expectations. from thewe expect china and hong kong markets today? they get underway in 30 minutes. look at what is happening this morning. a rally: we are seeing and a should continue for the most part, although investors in korea were awaiting that interest rate decision. no surprises, but still some downside for the kospi. taiwan weaker by .25 percent, and weakness in malaysia. throughe gdp coming that we will talk about in a little while, growing at a faster pace in the second quarter. a quarter of5 up 1%, it s best three-day rally in three years. have investment remaining quite skittis ....
breaking news 20 south of france. a truck has driven into a crowd killing 73 people at least according to the prosecutor s office. they are calling the incident a terror attack. live from paris. . fluid situation what more do we know? the latest thing we have is barack obama is coming up with a statement condemning a horrific terrorist attack. saying it is as terrorist attack on the heels of u.s. snch saying the thoughts and prayers are with those killed. news first broke on the event in nice. 73 people killed very the numbers may rise based on what we are hearing in terms of how long that driver had driven that van across the the promenade where revelers were watching fireworks. july 14 is bastille day. why nice may have been targeted? unclear as tot is why could have been targeted or any any good have been targeted. in paris i was watching fireworks and that is where the news star d started coming across. when news started to happen here. were more on alert th ....
weekend three months. australia s market is at a 2016 high. set to pop in tokyo after u.s. shares soar 27%. you can let us know what you think of today s top stories by following me on twitter. don t forget to include #trendingbusiness. let s begin today with breaking news from the south of france, where a truck has driven into a crowd, killing 77 people in nice. they are now calling it a terror attack. we are live from paris. tell us what you have on the latest news. basically the latest we know now is that in the past 15 minutes, françois hollande has returned. he was celebrating bastille day. right now in terms of what has happened in nice, 77 people confirmed dead. we are reporting about 100 others have been wounded, and this occurred earlier this when one person, at least one person as we so far no, was driving a large, white a crowd of into revelers watching the fireworks celebration for bastille day on , a promenade des anglais popular area for revelers and visi ....