Listen: Bank, Jason Rahu And Bank Of America discussed on Bloomberg Daybreak: Asia
"The financials now we had Bank of America. Posting a. Record profit in the first quarter and BlackRock saw its asset under management rise above six trillion dollars. Again, we spoke with Jason Rahu of UBS global wealth management. He says the outlook for banks remains positive first-quarter avoid activity was we know the markets were starting to your low using retell of lows also because of the government shutdown some kind of banking activity like IPO things like that. We're actually going to delete a little bit through seeing weakness there. But I think from the economic readings in terms of Kalinic critical pennsylvan- positive. I think that's part of why Bank continue trade. Well, and the earnings will continue tomorrow when we're expected to get the results from Morgan Stanley. All right. Well, they'll starting Dollah may be the best way to capitalize on improving Chinese growth while sidestepping of short Yuan risk goldman-sachs panel says investors should go loan the versus the new ZEALAND DOLLAR The Canadian dollar or the South African rand Pendle says that those crosses provide optimal exposure to Chinese growth with low sensitivity to commodity prices or indeed risk sentiment. Six minutes past the hour. Bloomberg daybreak Asia. Let's get an update on global news. French president Emmanuel rob crawl"