bet vice-chairman could arrested. not surprising, given that in south korea, we have seen other executives of conglomerates accused of bribery and corruption. ,lso, coming back to companies leading their companies again. investors are taking that with a grain of salt and looking at their latest profits. samsung has done pretty well. doing a commodities commodities as well in asia, the kei leading declines in nickel leading declines in ofals as concerns come out indonesia as they increase output. iron ore up 1%, people asking themselves, what s going on with iron ore prices? we thought it was a supply side thing. it keeps getting flooded. iron ore prices continue to rise, and the rally on the metal, passing that 70 level. looking mixed, but the two-year in japan and australia, losing a bit of ground with yields gaining in japan .6 basis points. let s get to haidi lun. japanese prime minister shinzo abe urges asian nations tpp as early as possible. donald trump campaigned on
from your. you also have some figures. mark: we have some german business confidence data crossing the bloomberg terminal. the latest survey, the business 112.9 was the figure, up from the prior month. and above the economist estimates of 112.4. german business confidence is increasing the expectations of the components of that. expectation was for a figure of 105.9. the german economy is in good shape. as is the euro zone economy. as we approach the ecb meeting on thursday, it is all about the first round of the french residential election. look at the cac 40 today, 4% higher, the biggest gain since august 2015. we are at the highest level since april 2015. the euro rising as much as 2% since december 2015, to the highest since november. 108.50 seven. the yield on the french 10-year is down by 10 basis points, and earlier fell as much as 11 basis points, to the lowest since january. proof that appetite for riskier assets we have gold falling 1% today, sinking the most in m