Listen: Asia Bank Of America, Goldman Sachs And Morgan Stanley discussed on Bloomberg Daybreak: Asia
"Asia Bank of America posted a record profit in the first quarter. But the forecast was not all that investors were looking for black rock saw its assets under management rising above. Six trillion dollars. Once again Jason draw of UBS glow. Wealth management says the outlook for the banks remains positive first quarter of activity was weak. The markets were sort the year low using retell of flows also because of the government shutdown some bacon of banking activity like IPO things like that. We're actually going to delete a little bit through seeing weakness in there. But I think from the economic readings in terms of Kalinic critical fence open positive, I think that's part of why Bank continue trait. Well, yesterday, investors, not all that happy with Citigroup's earnings today. The stock was up two point nine percent. And we'll be watching Morgan Stanley earnings tomorrow. The Australian dull might be the best way to capitalize on improving Chinese growth while sidestepping on show you on all the seventy one sixty five right now just been grinding a lower over the past few years, but Goldman Sachs analysts Zach pandals is investors should go along. The this is the new ZEALAND DOLLAR The Canadian dollar all the South African rand Pendle says those crosses provide optimal exposure to Chinese growth"