New York, Hong Kong, Doug Christner discussed on Bloomberg Daybreak: Asia


Morgan Stanley said equity revenue for the fourth quarter climbed 30% to $2.5 billion record earnings and a stock surge have lifted the Morgan Stanley market capitalization to more than $135 billion. It's effectively ended the firm's reputation as Wall Street's smallest big bank. Let's get over to New York now for more on the markets with Doug Christner dug a Jules. We had trade data a short while ago from South Korea and Japan. On the numbers really confirmed global manufacturing is solidly recovering. To that end, we see in Tokyo. The Nikkei higher by about 2 8/10 of 1%. And in Seoul. The cost be better by about 4/10 of 1%. Right now, The much of the market in Hong Kong has been on a major rallies. You know, over the last few days, a little bit of weakness coming through in the Hang Sang were down about 1/10 of 1%, however, on the Chinese mainland Shanghai composite Better by about 2/10 of 1%. We had the employment figures for Australia. This is for the month of December payrolls increased by 50,000. And that was smack in line with estimates right now in the equity market, we've got the asx 200 better by about 6/10. Of 1%. China Mobile, China Unicom are both seeking reviews of their delistings from the New York Stock Exchange. And we learned a short while ago the Twitter has locked out the Chinese Embassy to the US over a post on Muslim leaguers in Chang Jeong. The dollar remains weak. It was the case here in New York. During the regular session, The Bloomberg dollars spot index fell about 2/10 of 1% were down another 10th of 1% bite Right now the end firm in one of 3 55 in the offshore Chinese Yuan is a little stronger now it's 6 45 93 against the greenback. We also are seeing a little bit of weakness in Ali Baba shares during the New York session, the aid ers up 5%. That was after gaining overnight 8% in Hong Kong. Juliet was talking about the video resurfacing or video surfacing of a resurfaced Jack Ma. He'd been out of public view for some time. And there's obviously is, we know a lot of scrutiny over Mr Mas Internet Empire in China. I'm Doug prisoner at the Bloomberg Interactive Brokers Studio in New York, Juliet. Like so much duck President Joe Barton and Vice President Kamala Harris. So working right now, after being in sworn in earlier today, let's get back to Ed Baxter, who has all the global news in San Francisco ahead. Yeah. Hi, Juliette. They got right at it. And the President Biden's inaugural address, He said he wants to undo the Civil War in the U. S in a covert tone down inauguration ceremony, a deep feeling of patriotism. And unifying the country with unity. We can do great things important things. We can right wrongs we can put people to work in good jobs. We can teach our Children in safe schools. We can overcome the deadly virus. Now the simple ceremony amid heavy security and a sea of American flags, he says democracy will not fail. It did not happen. It will never happen. Not today. Not tomorrow not ever not ever on a message to the World America has been tested. We've come out stronger for it. We will repair our alliances and engage with the rural once again, and infighting covered in the work ahead of us. I'm gonna need each other. We need all our strength to preserve to persevere. Through this dark winner, And he said the difference between truth and lies has to be fought at every turn. Every disagreement. Don't have to be.

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