17 Burst results for "Seng China Enterprises"

"seng china enterprises" Discussed on WAFS Biz 1190

WAFS Biz 1190

08:26 min | 2 years ago

"seng china enterprises" Discussed on WAFS Biz 1190

"And teaching it, sunny and simple. Thank you is pretty mixed here on the Asia Pacific index ex Japan, we do have Japan remaining out of action until next Tuesday for the Golden Week holidays in China remaining closed today as well, but a number of all the Asian economies country markets, I should say I'm losing my woods coming back online after yesterday's Labor Day holiday, and you can see a little bit of mixed movement. Hong Kong looking quite good. But with noting that the Chinese Stokes listed in Hong Kong, not doing as well on the Hang Seng China enterprises index ustralia one to watch because of course, a lot of analysts had flagged that the banks earning season was going to be quite messy today. Have the nab the nation's because business Linda slashing its dividend for the first time since two thousand nine and he while saying the banks really why on the two hundred which is down by seven tenths of one percent. Pretty flat over in India. And of course, watching closely what's happening in the cart C markets. You're seeing a bit of money coming through out of the yen, Hong Kong, they fill a stable. But we've also been watching the Hong Kong in. Into Bank, lending rights and OC Basie wing. Hang Bank saying that they say these high bowl rights stubbornly high which is going to continue to boy that Dollah they think that we are seeing the shrinking cash pool in Hong Kong, making banks more reluctant to lend noting that the high has climbed to two point seven percent up from a low of point nine one percent in light February so one to watch when you're looking at that cross with the Hong Kong and US dilemmas. Jews. We're also looking at a bit of a mixed signal coming through when it comes to hide the broader Asian economy is faring and we've had a series of PM is Kelly Craig, and I were talking about them. But just give us the sentiment as a result of the data. Yeah. So you bring that shot up nothing like showing it again, though, it is a very good one. And we have seen very mixed rating coming through in terms of these PM is out of Asia South East Asia today in the wake of what we saw from China on cheese day as well now with North Korea very much balancing, South Korea PM at a six month high. We also had a pretty strong raid on inflation in South Korea today as well point six of one percent year on year, which was about estimates. You've seen Vietnam Malaysia also edge up, but where we are seeing weakness is coming through from Indonesia, the Philippines, also Taiwan Taiwan's rating at forty eight point two in April from forty nine in much says continuing to show that further contraction area, and that is just going to bode for a lot of concern in terms of how much more stimulus we can see coming through as we see a little bit of a mixed picture across Asia at the same time that we are seeing those signs of stabilization in the Chinese economy menace. Juliette? If I'd known you were going to use that Sean I would have never stolen it. But you know, what to say is the kind of flattered is that you see you're just inspired, and I'm just like a pigeon pecked backpack and take other things Joe's. Thank you very much up. Juliette saudi. I'm a great weekend. Thank you very much for your contribution this week. Not we talk about volatility volatility in politics as those OPEC in the nation's there in means that production from the cartel has how steady over the last month as losses among some of the members are offset by gains of others Rodney, and I put slumped once again and the US moved to tighten sanctions one Libyan production rose is it revived its biggest oilfield following recent violence as trying to make sense of it all we've got has a Malik head of equity research and strategy Talamo. Welcome to show good to see you. So there's a stoicism I would say in production and to that end we've had some big oil in your report, and it's all gone quite well. Translate. This this momentum higher in the oil market for you on the equity side. Sure. So in many respects, we've already seen this play out already this year. We've seen very strong performance in equity markets for the oil exporting countries and places like the as far as Colombia Kazakhstan Russia on the reverse side, we've seen weak performance in Asian markets, which are mainly full of oil importers. The really interesting anomalies. Here are point two two countries. Oman and Nigeria right two countries that should be really sensitive to a much higher oil price. And they haven't reacted at all. They're twenty to thirty percent cheat relative to their five year history. They are enjoying higher fiscal revenues. They are generally unloved, by international investors. And those would be the two that I would say of really not caught up with this sort of oil led rally in the rally. The there's also the issue, but fiscal break evens we pumped this into the library. This is the kingdom of Saudi Arabia had a report just the other day that site the action. Eighty five bucks. Probably. But these break evens, they're still above where we are at the moment from a market point of view disconcerted in any way by this. Are we being overly if you live on side, or should we be more cautious on this? So there a couple of things one is that these high fiscal break evens demonstrate that this still in need to reform the Sunni to drive fiscal revenues government revenues higher the cellini to drive diversification away from the industry. The second thing is in this environment where bombed investors are so generous, and it is so easy for these children's to issue, increasing amounts of debt. There isn't the urgency necessarily to deal with these high fiscal breaking in the next year or two then the third us. There's obviously there's a political dimension. There is still a need to bring on board and take on board the mass population in these countries the citizen population in this gradual reform, process and transformation process. So bottom line. Yes. Ohio revenues. Help these countries that also doesn't need to be as high school breaking in the immediate to. Okay. Let's dig a little bit deeper. I spent a lot of time on Saudi banks this week. So let's let's look for something different. We're going to love each of a holding company. Sierra this alterior, the tourists company travel company, and you draw the comparison between we've got the cream. Uber dean, but this has not read priced, but they have a very serious vested interest in cream. Uber. Absolutely. I mean fires is domestic travel play. So whether it's international arrivals for her genre or whether it's the growth in Saudi domestic tourist traffic. Those are the core drivers of their main business. However, they do have a venture capital business, which has a significant stake can Corrine that has been enjoyed a crystallized valuation as a result of the Uber acquisition. And there's really been very little response in the share price of what's now known as Sierra. So that would be one of those stocks that in a market that's really been driven more than anything by MCI. Related index flows and footsie emerging market index. Rated index was this is one stock. That's been left behind. It's relatively liquid very easily accessible and is offering you very interesting valuation after that. Okay. That's nice call coming through not perhaps on unrealized value from a market perspective. Can we pivot to Turkey because we've seen the near? Let's have a look at the lyric. It absolutely took a pasty. This is about communication or or bad communication. Whatever you want to look at it. Go Misaki say the currency could drop another fifteen percent of the next twelve months. I wanted to translate this level of volatility into the equity story because we're just this perhaps show itself on the dine side on one of the opportunities. As a result of this kind of volatility short. Well, the first thing is let's bear in mind for all of the criticism that Turkey attracts for poor communication, and what you would call north the dogs economic policy. There's a mirror image of Turkey across the world. Which is Tina doing everything that international MRs would want it to do obeying. The commands. Of the IMF to the IMF loan. But suffering exactly the same in exactly the same men that when it comes to FX while it to the D. So it's not a unique Turkish problem now when it comes to Turkish with these. Yes, when you see this sort of devaluation, what does that mean, it means it's a better environment for exporters? It means it's a tough environment for disposable income and consumption place, and again it layers on another level of risk for banks dealing with potential non-performing loans, particularly for those customers who have heavy dollar borrowings. Yeah. And there shouldn't be consequences for that for the European players who all have exposure, not least Emerson be deal. So in terms of exposure to that market coming in this morning that is has an Malik head of equity research strategy of Tehama. Thank you very much up next on the show as.

Hong Kong Turkey Asia China US Juliette saudi Malik Japan India Saudi Arabia South Korea OC Basie Hang Seng China Asia South East Asia Linda
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:24 min | 2 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"After a month of talks between their teams that team to be going nowhere. The pound rose is boasting UK government, and the main opposition labor party talked up the prospects for a compromised plan, they say they will hold more negotiations in the days ahead. Chuck, a bug and Facebook's other Toby executives have been hit with a lawsuit accusing them of insider trading and blaming them for privacy scandals that have rocked the social media giant and its stock value sits twenty sixteen the shareholder complaint was filed against the bug show. Sound good pizza -til on three other Facebook board members? It comes about a week. After the company announced expects to pay Fain of up to five billion dollars for violating a Federal Trade Commission consent decree requiring Beckett's privacy safeguards global news twenty four hours a day on talk on Twitter palm by more than twenty seven hundred journalists and on this one hundred twenty countries, I'm going to be a house. This is big. Let's get more on the markets and go to Juliette sunny and Singapore. Thank you. It is pretty mixed here on the Asia Pacific index ex Japan, we do have Japan remaining out of action until next Tuesday for the Golden Week holidays in China remained close today as well. But a number of other Asian economies country that markets I should say I'm losing my words coming back online after yesterday's Labor Day holiday, and you can see a little bit of mixed movement. Hong Kong looking quite good, but worth noting that the Chinese stocks listed in Hong Kong and not doing as well on the Hang Seng China enterprises index ustralia one to watch because of course, a lot of analysts had flagged that the banks earning season was going to be quite messy today. Have the nab the nation's because business Linda slashing its dividend for the first time since two thousand nine and while saying the banks really why on the ASX two hundred which is down by seven tenths of one percent. Pretty flat over there in India. And of course, watching closely what's happening in the currency markets. You're thinking bit of money coming through out of the yen, Hong Kong Dollah, they're fairly stable. But we've also been watching the Hong Kong in. Interbank lending rates and OCBC wing. Hang bag saying that they say these high ball rates stubbornly high which is going to continue to boy that Dolor. They think that we are seeing the shrinking cash pool in Hong Kong making banks more reluctant to lend and worth noting that the high Bill has climbed to two point seven percent up from a low of point nine one percent in late February so wanted to watch when you're looking at that cross with the Hong Kong dollar anti US menace. Joe's. We're also looking at a bit of a mixed signal coming through when it comes to hide the broader Asian economies and we've had a series of Craig and I were talking about them. But just give us the sentiment as a result of the data. Yeah. So you bring that shot up nothing like showing it again, though, it is a very good one. And we have seen very mixed rating coming through in terms of these PM is out of Asia southeast Asia today in the wake of what we saw from China on cheese day as well now with North Korea very much balancing, South Korea here my at a six month high. We also had a pretty strong raid on inflation in South Korea today as well up point six of one percent year on year, which was about estimates. You've seen Vietnam Malaysia also edge up, but where we are seeing weakness is coming through from Indonesia, the Philippines, also Taiwan Taiwan's rating at forty eight point two in April from forty nine in much continuing to show that further contraction area, and that is just going to vote for a lot of concern in terms of how much more stimulus..

Hong Kong Asia Hong Kong Dollah Facebook China South Korea Japan UK Hang Seng China North Korea Chuck Juliette sunny Craig Federal Trade Commission ASX Twitter
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:45 min | 2 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"Update markets every fifteen minutes here on Bloomberg radio. I'm Bryan Curtis. And I'm live in the Bloomberg interactive brokers studio looking at these sagging markets this morning, I suppose, it's some of the usual suspects. Culprits trade worries is right there at the top of the list, but also global growth concerns, most of the data that we've had out here in Asia have been leak and we've had this resurgence in market says that theme is developed were recovery from December, and perhaps playing into some of the stimulus coming in China, but still the data points have been weak and same thing for Europe. So we mentioned that the yield on the tenure German bund had fallen four and a half basis points down to eleven and a half basis points. So anyway, all of that leading to some selling an equity says perhaps industrial hedge their bets little and bring some of these prices back down the Nikkei off two hundred sixty three points at you drop of one point three percent. Yes. Two hundred is down four tenths of a percent. Kospi is down seven tenths of one percent. Now, the NASDAQ one hundred tap the two hundred day moving average and in slipped back a little so it could be a natural pause. It might just be days of of consolidating. They're trying to muster the strength to push back through to the upside. So we'll keep a close eye on that. And Chinese stocks have been on role in Hong Kong after a dismal twenty eighteen. But also there the Hang Seng China enterprises index the so-called H-shares index has kind of failed to break through eleven thousand two hundred nothing to watch today as the market comes back online. That's the look at markets news now with Ed Baxter in San Francisco. Ed, all right, Bryan. Thank you US. President Trump has tweeted several times today that House Democrats are carrying out a campaign of presidential harassment. He says stealing White.

Bryan Curtis Ed Baxter Bloomberg interactive brokers President Trump Bloomberg Hang Seng China China Kospi Hong Kong Asia harassment Europe San Francisco fifteen minutes two hundred day three percent one percent
"seng china enterprises" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:51 min | 2 years ago

"seng china enterprises" Discussed on CNBC's Fast Money

"When you take a look at stocks like apple what's interesting is that apple and a very similar situation has actually broken this. Minor uptrend that we were looking at before. So that is an important and actually negative development in the short run. However, apple, of course, being down twenty percent from his highs. And so the three reasons I think that are important as to why people can buy apple current levels. One is that momentum on a short-term basis is actually positive when you look at things like Makati MAC d- sentiment has turned ver-very negative on apple because of trade war. Now, it's being downgraded. The stock is already down twenty percent from that from the highs and the third is it weekly momentum is close to being oversold in the stock. And so it might not be my best pick and technology. But yet I do think we're closer to the lows in apple my low would be one sixty s a maximum about ten percent. I do think the stock can get up to one hundred five two zero five a stock that actually like a lot better their stocks like Alibaba. So Chinese technology is starting to look better than US technology. You see the longer term downtrend from this year actually was broken out of over the last few days on signs of this. This trade. War truce. And so that's what's interesting is that you look at stocks like Ali baba ten cent. All of a sudden, they're starting to show meaningful signs of technical strength. Really for the first time this year. Now, a lot of fundamentalists have been pounding the table on these stocks for some time, many are very very positive on Alibaba fundamentally technically for the first time in a while. I can make a case that hey, we might want to step in and take a look at buying shares of Alibaba particular on any near-term weakness, another one, of course, as VM wear a lot of the enterprise software continued to be quite strong. We saw a longer term bullish breakout of this pattern that went back over ten years red around this time last year, we've consolidated and just in the last couple of days we've seen evidence of this little pattern start to show evidence of breaking back out to the upside. So today, we did not accomplish that obviously with today's three and a half percent down moving indices. However, we're ver-very close to this very constructive longer term pattern for those looking at technology can to continue to suggest. It'd probably software and also Chinese technology. I think that that group is great. And of course, for those that wish to buy apple I think near term you get down to probably one seventy two maximum one sixty is really the maker break for longs. Did you guys? Catch the self would you're out of the Martha Ryan Alibaba over apple he answered the question. I love that. I mean, the power of the game poly baba market in the Chinese tech, stocks and general how correlated if they are correlated with the broader Shanghai composite or Shenzhen even mean, just I'm wondering if you if you think that the Chinese market is going to have more trouble because of the China US trade, tiff, whatever you wanna call it. Then should you maybe stay away? Well, I think the last couple of days of answered that force. I mean, if anything the true seems like it could work because the market certainly seemed to be breaking out, and I'm not necessarily looking at Shanghai composite. But the more liquid offshore sees the Hang Seng China enterprises in index HFC has broken out very similar to stocks like Alibaba. This happens to be part of a larger Chinese technology called the C q part of Invesco. And so that's one that I own it did break out summer to Alibaba lately. And that's one that I would take a look at at owning current level. So I'm this. Thank you, Mark. You have Newton advisers. Would you rather rather apple Alibaba PM wear? Good question VM ware at you. You not asking my wife, but you know, you play taken too long. Now, it's no good, HUD guy. Thinking it through. All right. I'm gonna go with the reason. Why is you seeing out performance in that in a down downmarket, relative outperformance to the S and P five hundred the growth has been okay valuation. Okay..

Martha Ryan Alibaba apple US Ali baba Makati Shanghai composite Shanghai Hang Seng China enterprises China Mark HFC twenty percent ten percent ten years
"seng china enterprises" Discussed on WAFS Biz 1190

WAFS Biz 1190

07:19 min | 3 years ago

"seng china enterprises" Discussed on WAFS Biz 1190

"And here are the five hundred will be built the car is part of new CEO. Louis Candelaria is plan to broaden Ferrara's portfolio of limited edition supercars which typically sell for more than one million dollars. Global news twenty four hours a day on air and at tech talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Deborah mouth. This is Bloomberg. Let's get over to Julius Lally now for a look at today's market trading. Juliette? It today. Deborah Asian stocks higher for a second consecutive session. Investors really shrugging off these trade concerns, but I'm focusing very much on Japan, the country market movers aspect here because Japanese stocks are really leading gains in the region the topics they're up by one point six percent a three month high. And of course, we have seen the topics on track for its biggest four day gain since November two thousand sixteen as you mentioned the Bayer J leaving stimulus program on change. But also moving markets today has been that commentary coming through from Chinese Premier Li saying that China will not be using the wanna will not devalue the want to stimulate exports. So we've seen a pop is a little bit anyone, but mainly Ozzy dollar which is now up by a third of one percent. You can see some very strong coming through there in the Ozzie. And also, we're seeing a rebound Yousef in a lot of these commodity markets as well steal in Shanghai up by one point two percent. Copper has also been rallying, and as you would expect that he's playing through into the materials. As you can see that it is one of the front runners, Dan the materials to up by one point four percent Yousef. Yeah. I mean, generally higher commodity prices. Again, you talked about the trickles through effect talk to me about what we're seeing exactly in specific companies in the region. Well, a lot of those mornings doing well. Forty ski medals curve in Sydney is actually at its highest level since February will say so all the exports rise over the course of the week for iron ore watching great wall China on the lunch break up by twelve and a half cent leading gains on the Hang Seng China enterprises index after the company's chairman what around fourteen million dollars worth of h shares in the past three days. Ten cent, of course, as we know has been one of the disappointing Stokes of the year up today slightly as we see a rally coming through in as electronic players. And finally insult co way falling the most in three years. This is on news that PK partners has sought to sell five percent of its stake in that company in a block trade just briefly though, having a look broadly at the markets, you can see this rally continuing pretty much every major market that we track in Asia is rising. And of course, I mentioned that big pop you're saying in Shanghai, copper futures USA. Thank you very much for that over to you. Let's get back to this part of the world of talk about oil because that's on the rise in Saudi Arabia said it is fine with Brent pushing parents eighty dollars a barrel. Markets are adjusting to the loss of Iranian supplied. UT US sanctions on exports from Tehran have plunged about thirty five percent since April Saudi Arabia, Russia and other major producers are scheduled to meet in Algiers on Sunday review, the state of the oil market. Let's get more with Nick by Middle East research at Credit Suisse. Welcome back to the program. Xiaomi Saudis, perhaps singing a different tune this time initially we had a lot of signals that they were not comfortable with oil prices going too, far high. Now a change eighty dollars a barrel. It is a bit of a surprise. We did feel that the Saudis would be more willing to keep oil somewhere between seventeen eighty eights more conducive to global growth. Those are the kind of messages they've given in the past. So this is a departure from what the previous commentary was. But then back said overall growth environment has been very robust as well. Mean we've put together a chart that shows the spread between WTI in Brentwood has to one of the key talking points into crude markets TV go for our clients. The Iranian oil minister said he won't attendee Algieria OPEC meeting, which would be another departure from an OPEC group that has in the past not let politics interfere with its meetings. No, absolutely. Absolutely. I think that's one of the reasons why you still seeing some support for oil prices because you're seeing a lot of this continued threat to the supply side. The story was Saudi Arabia has quite a few threats to it. And the other component of it is what they're doing with the money that they're getting we just had data over naturally the Saudis. They are continuing to buy you a stretch holdings up to one hundred and sixty six point eight billion dollars. Does that surprise you at all that they are turning no that capital towards the US? No, no, no, not at all. I mean, we all we all starting to see yields increase in one of the things we've been pointing out is that as US treasury bills start to break up that three percent market. You start to see them head hundred hundred we all going to see increased holdings from wrong term, sizable institutional fund type organizations, and that that is certainly something which we are seeing. So when it comes to Saudi Arabia. You plenty research note say that they're struggling with weaker investor sentiment. There is the issue of lack of annuities recovery. But you're still saying the divvy. Yield makes us a really interesting story, then something which you tend to see across the Middle East region as a whole anyway because you have structurally higher payout ratio. The dividend yield is always attractive, and it does provide some decent level of base support. But with Saudi in particular, we're starting to see a bit of that breakdown. There have been concerns over the commitment to the transformation program in an environment where you on seeing growth somewhat stabilizing the government talking about a fiscal injection. And you see all prices where they all you should actually see a more buoyant equity market, but we're not we're not seeing that in a lot of it is really coming. We believe from concerns over the long term commitment to the transformation program, which we think is misplaced. But in there is definitely the shorts and feeling amongst market participants. So which which sectors? They know you are you bullish about right at the moment. Visit to the banks and the Petrochem. So what's what's lose on the to clear winners in this current environment? And you've got a rising interest rate environment very positive for the banks, and in the oil price environment where I've been comes a benefit to sort of a very basic level. Those are the two sectors that we continue to see benefiting. And when it comes to fixed income bond yields we had yesterday against on the show. He didn't think that they would issue another mega bond. Are you are you subscribing to that? You know, we think bond issue bond issues will continue. I mean that is it's not going to be as significant as we thought it would be about two years ago. But clearly there are still very strong signals that they are committed to this borrowing trend that we need to have that. To to fund the funding gaps and we've already seen how their commitments from launches sovereign wealth funds to continue coming to the market to borrow at. What are still very attractive rates? We still have a lot to talk about that from Credit Suisse a preview of what exactly we.

Saudi Arabia US Credit Suisse Shanghai China OPEC Bloomberg Yousef Twitter Deborah mouth Julius Lally Louis Candelaria CEO Juliette Middle East Ferrara WTI
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:55 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"Solly. Now for a look at today's. Trading. Juliette? It is looking very positive today. Deborah Asian stocks higher for a second consecutive Cy obsession investors, really shrugging off these trade concerns, but I'm focusing very much on Japan, the country market movers aspect here because Japanese stocks are really leading gains in the region the topics they're up by one point six percent a three month high. And of course, we have seen the topics on track for its biggest four day gain since November twenty sixteen as you mentioned, the B O J, leaving its stimulus program unchanged. But also moving markets today has been that commentary coming through from Chinese Premier Li saying that China will not be using the wanna will not devalue the to stimulate exports way, you've seen a pop is a little bit anyone, but mainly the AUSSIE dollar which is now up by a third of one percent. You can face very strong moves coming through in the Ozzie. And also seeing a rebound Yousef in a lot of these commodity markets as well steal in Shanghai up by one point two percent. Copper has also been rallying, and as you would expect that he's playing through into the material space. You can say that it is. One of the front runners there the materials to up by one point four percent USA. Yeah. I mean, generally the higher commodity prices. Again, you talked about the trickles through effect talk to me about what we're seeing exactly inspe- acidic companies in the region. Well, a lot of those monies doing well, forty ski medals curve in Sydney is actually at its highest level since February will say so all the exports rise over the course of the week for iron ore. We're watching great world China on the lunch break up by twelve and a half percent leading gains on the Hang Seng China enterprises index after the company's chairman what around fourteen million dollars worth of h shares in the past three days. Ten cent, of course, as we know has been one of the disappointing stocks of the year up today slightly as we see a rally coming through in as electronic players and finally insult Kobe falling the most in three years. This is on news that Bakke partners has sought to sell five percent of its stake in that company in a block trade just briefly though, having a look broadly at the markets, you can see this rally continuing pretty much every major market that we track in Asia is rising. And of course, I mentioned that big pop you're saying in Shanghai, copper futures USA. Thank you very much for that. You let's get back to this part of the world and talk about oil because that's on the rise in Saudi Arabia said it is fine with Brent pushing purse eighty dollars a barrel. Analysts say markets are adjusting to the loss of Iranian supplied. UT US sanctions on exports from Tehran have plunged about thirty five percent since April Saudi Arabia, Russia and other major producers are scheduled to meet in Algiers on Sunday review, the state of the oil market. Let's get more with Nick by Middle East research at Credit Suisse. Welcome back to the program. Xiaomi Saudis, perhaps singing a different tune this time round initially. We had a lot of signals that they were not comfortable with oil prices going too, far high. Now a change eighty dollars a barrel. It is a bit of a surprise. We did feel that the Saudis would be more willing to keep oil somewhere between seventeen eighty eights more conducive to global growth. The those are the kind of messages they've given in the pond. So this is a departure from what the previous commentary was. But then that said overall growth environment has been very robust as well. I mean, we put together a chart that shows the spread between WTI in Brentwood has to one of the key talking points into crude markets GDP go for our clients, we need all the minister said he won't attend Yale Jiri OPEC meeting, which would be another departure from an OPEC group that has in the past not let politics interfere with its meetings. No, absolutely. Absolutely. And I think that's one of the reasons why you are still seeing solid support for oil prices because you're seeing a lot of this continued threat to the supply side. The story was Saudi Arabia has quite a few threats to it. And the other component of it is what they're doing with the money that they're getting we just had data overnight, surely the Saudis, they are continuing to buy US treasury holdings up to one hundred and sixty six point eight billion dollars. Does that surprise you at all that they are turning no capital towards the US? No, no, no, not at all. I mean, we are. We are starting to see us increase in one of the things that we've been pointing out is that is US ten year treasury bills start to break up that three percent, Mark. And you start to see them head hired high. We all going to see increased holdings from wrong term science books. Usual fund. Type organizations and that is something which we are seeing. So when it comes to Saudi Arabia, you when you research note say that they're struggling with weaker investor sentiment. There is the issue of a lack of an earnings recovery. But you're still saying the dividend. Yield makes a really interesting story, then something which you tend to see across the Middle East region as a whole anyway because you have a structurally higher payout ratio. The dividend yield is always attractive, and it does provide some decent level of base support. But with Saudi particular we're starting to see a bit of that breakdown. There have been concerns over the commitment to the transformation program in an environment where you on seeing growth somewhat stabilized the government talking about a fiscal injection. And you see all prices where they all you should actually see a more buoyant equity market, but we're not we're not seeing that in a lot of it is really coming. We believe from concerns over the long term commitment to the transformation program, which we think is misplaced. But in the there is definitely the shortened feeling amongst market participants. So which which sectors are you? Are you bullish about right at the moment? It's tell you is this still the banks and the Petrochem. So what what's what's on the to clear winners in this current environment? And you've got a rising interest rate environment very positive for the banks and in the oil price environment where I've been Patrick comes a benefit to. So I'd have a very basic. Liberal those are the two sectors that we continue to see benefiting. And when it comes to fixed income bond yields we had yesterday guest on the show. He didn't think that they would issue another mega bond. Are you are you subscribing to view bond-issue bond issuance will continue. I mean that is it's not going to be as significant as we thought it would be about two years ago. But clearly there are still very strong signals that they are committed to this borrowing trend that we need to have that. To to fund the the funding gaps and we've already seen how. There are commitments from largest funds to continue coming to the market to borrow at one are still very attractive rates. Thought we still have a lot to talk about that far from Credit Suisse. Let's get you a preview of what exactly.

Saudi Arabia US Credit Suisse China Shanghai USA. Juliette Chinese Premier Li Japan Solly. Middle East B O Asia Yousef OPEC WTI
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:20 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"The hour we update markets every quarter hour here on bloomberg radio chinese premier li chang says china will cut taxes and fees further and will stimulate market vitality futures are pointing toward a slightly higher open let's get right up to 'em over rien in beijing with the take on the chinese market action brian well it's been a shocker of a week chinese stuck teaches on holding out much hope of the real rebound on friday property developers some of the biggest gain is in the market over the past year taking a hit on china's plan to cut off a source of short term funding and the intensification of a government crackdown on property speculation nomura says the chinese stock route which saw the shanghai composite index and the hang seng china enterprises gauge and to ban markets this week phil house rooms ron what a chance to buy the dip until july bryan all right emma thank you very much bloomberg's emma o'brien sharp said that his canceling its new share sale on market instability the stock promptly gained more than twelve percent in trading this morning sharp was planning earlier to raise as much as two hundred and sixteen billion yen in a shares but the market has been unstable here of late the nikkei is down eighty four points this morning drop of four tenths of one percent stability in australia where the index is flat their new zealand's a bit higher up two tenths of one percent of kospi is down about four tenths of a percent it has been a rough ride this quarter thankfully we're at the end of the month at the end of the quarter and at the end of the first half we'll see what the second out portends we did have some economic news out of japan may industrial output down zero point two percent monthonmonth the estimate was for drop of one percent but any drop it all was seen as bad news and we had a big gain for amazon overnight up two and a half percent amonte amid good performance on wall street walgreens boots alliance plunged ten percent after amazon said he would acquire an online pharmacy rite eleven minutes before the top of the hour let's get a news update at baxter's in the bloomberg nine sixty newsroom as the top stories making edward yeah yeah brian thank you gunman opened fire at a newspaper in annapolis maryland killing five people injuring two societa press reporting the injured have superficial wounds now they say it was a targeted attack suspect is in his late thirties they say he used canisters of smoke grenades when he entered the building china's strongly protesting australia's brand new national security legislation it bans covert foreign interference in domestic politics children moved from their families and placed in institutional care are at greater risk of being trafficked that is from a us state department report today a global report with interesting timing in light of the family separations at the us southern border south korea getting clear assurance from the us defense secretary troop strengths are not being reduced meetings with president moon and then to tokyo for meetings with japanese defense minister on darrow for for four mr mattis and both sides are mobilizing in the next phase of the next associate justice of the us supreme court nomination senate majority leader mitch mcconnell saying this is not like twenty sixteen don't have lame duck president with an election coming and one more tesla inviting all model three reservation holders in the us and canada to confirm their orders they're asked to configure their car but tesla's asking they pay an additional twenty five hundred dollars on top of the one thousand already held to start building their car it isn't clear as of yet how this affects the order or for those people who have been waiting for in line for over two years whether they still have their place or how long then it will take the car global news twenty four hours a day on aerotech talk on twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in san francisco i'm ed baxter this is bloomberg juliet at sorry for stealing your son to there i think hong kong is making mason as but let's get to melbourne now and bloomberg's david stringer and in august china where half the world's electric vehicles assault is going to start implementing rules to make is responsible for expired batteries into them out.

china bloomberg one percent twenty five hundred dollars twenty four hours eleven minutes twelve percent ten percent two percent two years
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:25 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"The bloomberg business app and jock on twitter this is a bloomberg business flash forty seven past the hour let's get you caught up on market action were seeing some weakness particularly in japan where the nikkei is off more than one percent of this hour there was some strength during the new york session the pushed us to about a one oh nine handle right now we're trading one oh nine ninety six in dollar yen the dollar was down by about three tenths of one percent and we saw the chinese currency offshore weakened to around six fifty two against the dollar since then it has strengthened just a bit we're at six forty nine fifty four we're going to get the fix from the pboc on the quarter hour in the coming hour and we're being told that some white house moderates are trying to rekindle talks with china before those tariffs officially go into effect july six let's get to beijing get the temperature of what we're likely to see not only on the mainland but in hong kong hong as well emma o'brien is there good morning hi there doug we'll chinese stocks look ready to end the week as i started with pretty hefty losses index futures for the hang seng china enterprises index down more than one percent in recent trade while those for the mainland are about point eight percent in the red markets seem well and truly spooked by the trade fight with the us ratcheting up a notch this week with much speculation china's central bank will have to take some supportive measures keep an eye on xingdao high and madeo chinese makers appliances like refrigerators bloomberg intelligence says they've got the most to lose from an escalating trade will doug i would think it would be otherwise because several countries are unable to raise output wti at one point three percent right now we're at sixty six forty the us tenure treasury's yield of two point nine zero percent let's get to san francisco for an update on global news ed baxter is in the bloomberg nine sixty newsroom ed okay doug thank you us president donald trump has ordered the agencies involved to start reuniting the immigrant children with their families meanwhile first lady melania trump made an unannounced trip to the facility saying she wants to help the house is set to vote on the compromise immigration bill now next week there are problems within the republican party and getting the support and coming up with a compromise us department of justice has asked to california federal judge to modify a twenty one year old settlement agreement that says minors cannot be held for longer than twenty days south korean president moon jae in in russia speaking at the duma tomorrow meeting with president vladimir putin us secretary of state mike pompeo reiterating today that kim jong un is fully committed to denude denuclearization canada's environmental minister says the us cannot stop the global campaign against climate change and the message aimed at donald trump is he will hurt the us in the final measure and social media account run by the office of me and mar leader aung san suu quotes her as saying that hate narratives from outside the country have fueled tensions between muslim rohingya and buddhist rockin communities in the country's west global news twenty four hours a day on aaron talk on twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in san francisco i'm ed baxter this is bloomberg thank you very much ten minutes before the top of the hour i'm brian curtis here in hong kong along with paul allen in sydney and as mentioned it was quite a wild night of drama in vienna and as doug mentioned a preliminary agreement has been etched by opec and its allies to boost production by a theoretical one million barrels a day now as mentioned the actual increase will be smaller as several countries are simply unable to raise output that much in its thought that the real production increase would be about six hundred thousand barrels a day well we're fortunate we have the perfect man to discuss this with us kuno aggravant is with us senior industry analyst at bloomberg intelligence so that number six hundred thousand was more or less i think what.

twitter bloomberg one percent six hundred thousand barrels one million barrels nine zero percent twenty four hours twenty one year eight percent three percent ten minutes twenty days
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"Flash everybody seventeen minutes past the hour we update markets every fifteen minutes here on bloomberg radio well we have the hang seng index futures now trading down more than four hundred points so we're starting to see a little bit more of the sharp edge to the response this morning it had been a little bit muted earlier but with saying index futures down one point three percent and with the cash market in taiwan down one point two percent some of this could be attributed to this threat of new tariffs coming from the united states all right let's get to emma o'brien in beijing she's looking at the china market so emma hi bryan china's stock market which is already at a two year low is almost certain to take another big hit today amid that double whammy on trade from donald trump hong kong to as you said in a cross heads futures on the hang seng and hang seng china enterprises index sliding more than one point three percent right now with fifteen minutes or so until the open stocks to watch those associated with the made in china twenty twentyfive initiative out of beijing that means manufacturers of printed circuits circuit breakers fiber optics industrial robots even so solar panels we'll be in the crosshairs today brian thanks very much let's take a look at currencies because we often see the angst sort of displayed their dalian pushing a one oh nine handle at one zero six here at the moment and the australian dollar trading at seventy four point one seven us sense yield on the ten year treasury two point eight nine percent briefly xiaomi decides to postpone its its cd our review and the the regulator china says the xiaomi has decided to issue its h shares i morgan stanley has raised swire properties on the possibility of a special dividend.

united states bryan china china beijing bloomberg taiwan emma o'brien donald trump hong kong seng china enterprises morgan stanley fifteen minutes three percent eight nine percent seventeen minutes two percent ten year
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"This is a bloomberg business flash time doug prisoner in new york daybreak asia 47 past the hour so markets across the pack rim are reacting furiously to that sell off that we had in the states on friday the sp was down two point one percent in many futures right now on the sp 500 down about three tenths of one percent so we are off our the lowpoint of the early going when you look at the in many futures for the sp 500 to give us a sense of direction on now where we may be when uh the opening of uh equity markets takes place in the states in about what twelve hours from now or so let's get to emma o'brien she's in beijing for a look at what's happening in hong kong and on the mainland good morning emma heidelberg guo nonmarket the being sped in its equity pull back in asia least of all china and hong kong with the city home to asia's strongest rally over the past twelve months the hang seng china enterprises index which has had a remarkable almost uninterrupted runup in january is taking at the hottest down about two percent as commodities produces atomic his and ensures full these have been some of that rallies biggest beneficieries on the mainland it those equity favorites as well to being hit namely liquor makers guija multi and petrochina ducks all right let's get to tokyo two point four percent strengthening against the dollar here at one online 93 sold to cosby one and a half percent and in sydney the market their measured by the a sx 200 is weaker by one and a half percent as well so the catalyst for the moved down and stocks friday was the spike in longterm interest rates we finished in yield terms for the us 10year treasury at two point eight four percent were two point eight six right now in the tokyo session the dollar continuing to kind of hold its gains of bloomberg dollar spot flat but we were up more than nine tenths of one percent of the friday session that's weaken the price of oil we are now in if you look a wti 64 95 san francisco is next where we can get to global news ed baxter is in the.

san francisco ed baxter cosby tokyo seng china enterprises emma o'brien doug bloomberg us sydney china asia hong kong beijing one percent eight four percent twelve months
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:12 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"Radio this is a bloomberg business flash from bloomberg's european headquarters in london i'm alkas calls and with this bloomberg radio business flash asian markets are following in wall street's footsteps this morning after declines were us stocks and bonds the benchmark msci asiapacific index is retreating bomas twelve point two percent chinese chazot leading this asian selloff with the hang seng china enterprises index declining by almost two percentage points in a fixed income treasuries are extending a retreat that's taking deals t 2014 pies the 10year yield rising this morning by a one point nine basis points to trade at two point seven one two percent at the same time we all seen jgb yet yields also being dragged tie attention will be firmly fixed on washington late to the fed is starting a twoday policysetting meeting on donald trump will deliver his state of the union address overnight between tuesday and wednesday the greenback is that getting a boost alongside treasuries this morning the blue bug alaswat index rising by zero point one five percent the japanese yen is the only major rising against the dollar strengthening by two tenths of one percent the euro trading at two won't spot twenty three fifty six against the greenback which means that the single currency is declining by two tenths of one percent against the dollar we're looking ahead to your area gdp figures later on bats coming out to ten am lumped and time we've already have through fake his from franz serb growing by zero point six percent in the fourth quarter in line with expectations when it comes to other stories that's broken this morning we're looking at philips fourth quarter adjusted eib at dawn below estimates sap also sees known ifrs operating profit above estimates at between seven point three and seven point five billion euros to some of the stories to watch as we look ahead to the open when it comes to european equities that's a bloomberg radio business flash now for more on what's going on around wealth his 'bluebox tsendrok good morning marcus of russian fight ejaz his plan within one and a half meters are an american spy plane over the black sea the us navy said that the russian plane tailed the us aircraft favor two hours of the russian defence ministry claims that its actions were in accordance with international s base rules alsaid councilon president colors push the mall has sent a letter to.

bloomberg washington fed twoday policysetting donald trump navy us russian defence ministry london seng china enterprises sap president one percent seven one two percent one five percent six percent two percent two hours 10year twoday
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:08 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"This is a bloomberg business flash it is indeed on debt christner bloomberg world headquarters in new york let's get you caught up on market action we were really focused on the behaviour of the dollar over the last couple of days particularly since that sell off yesterday on the mnuchin comments talking about a weaker dollar being his preference during a commentary over at davos president trump though during the us session counter tried to walk those comments back a bit he said that they were really taken out of context so we had to snap back in the us currency bloomberg dollar spot near a gain of two tenths of one percent during the new york session now we had been stronger a little earlier in asian trading although a renewed weakness right now with the bloomberg dollar spot down about one tenth of one percent ecco data for china looks like this so we learned a short while ago industrial profits for all of last year jumped twenty one percent that's your over year comparison overall the prophet total seven point five two trillion trillion won to beijing so we can check in with at bloomberg's emma o'brien for a look at the equity markets on the mainland in in hong kong emma good morning hi there will it may have wealthiest today that the rally in chinese stocks traded in hongkong seemed to have found at legs again today with the hang seng china enterprises in that index rising for the 20th time in twenty one sessions splitting with a strong lose of about one percent right now even as the picked up on other asian equity markets looks a bit mixed china is leading the todd rising to its highest level since two thousand nine eight after the says received some ratings upgrades it's up more than seven percent right now hill on the mainland big cats and utilities are in the great at the shanghai it rangetrades doug o'brien australia today given a holiday in seoul the kospi which had been weaker earlier is higher by less than onetenth of 1 percent shanghai composite ahead one tenth of one percent the rally in hong kong is emma mentioned continuing with the hang sang ahead eighttenths of 1 percent nikkei 225 meantime better by about two tenths of one percent next stop hong kong so we can kill you in on.

us china bloomberg emma o'brien equity markets hongkong seng china enterprises seoul hong kong new york davos president beijing doug o'brien nikkei 225 one percent 1 percent twenty one percent seven percent
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:57 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"Radio i'm brian curtis in hong kong the mostly down session for asian equity markets today concern over rising rates perhaps a stronger dollar as well as some profittaking it also rotation out of technology and cyclical stocks all weighing in here in the asia pacific although we have seen a nice turn in hong kong we get you details in just a moment let's get to a beijing right now and bloomberg's emma o'brien emma good morning i'm pat o'brien will omit paper amid tiny dog listed in hong kong edging loa while mainly klein's carmakers and some of the biggest drags on the hang seng china enterprises gauge great wall motor says sinking moldan's five percent after the brokerage the icc said its fullyear earnings will be lower than expected kelly old who is also falling despite its bullish sales outlook from yesterday jeffries rated the stock a cell saying it's concerned about the company's score sustainability oils strong increase this morning is boosting energy stocks though with cinepak one of the biggest gainers brian very much oil extended gains from our as close and more than three years and that is as us data showed that uh crude stockpiles dropped four an eight consecutive week i guess we should get to some of this prices stayed out of china the factory inflation of four point nine percent in december versus a an estimate of four point eight percent in a bloomberg survey we were at five point eight percent in november and the consumer price index rising one point eight percent that compares the forecast of one point nine percent let's see what else going to tell you a big drop for bitcoin today down six hundred and sixty five dollars so what are we at fourteen thousand three o five gold pretty steady there at 1300 eleven dollars and this thing about the dollar you know with the fixed the of the change in the fix for the pboc yesterday some people getting the idea that while the dollar bearish should take note the dollar.

moldan kelly seng china emma o'brien pboc consumer price index energy stocks jeffries icc brian curtis klein pat o'brien bloomberg beijing asia equity markets hong kong eight percent nine percent 1300 eleven dollars sixty five dollars five percent three years
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"The hour you're listening to daybreak asia will love get you some market action right now couple of things you want to clear up our right away not the least of which is this news coming out of south korea the country saying that the north korea has agreed to a meeting on january nine th on the olympics these we are told will be high level talks also this we are told that former uber ceo travis calum nick is planning to sell about twenty nine percent of his stake in the company now callinig you might recall had long boasted that he had never sold any shares in the company that he cofounded we at salalah positively inequity stateside records across the board the dow breaking above 25 grand for the first time lauda that positively is carrying over into asian trading let's get to beijing bloomberg's emma o'brien can of phyllis in on what she seeing not only on the mainland but in hong kong as well good morning emma either chinese stock both on the mainland and in hong kong a finishing off the week with more gains the hang seng china enterprises index which tracks chinese stocks listed in hong kong is on track for its best week since october as investors piled into some of their favorites from last year that means property stocks like china bunker as well as great wall motoda and eh china king china's biggest spin mega has like suddenly it climbed as much as twenty three percent after reported that chinese bruins have boosted prices doug let's continue with advice report we go from beer two cannabis in the state's cannabis stocks were down after the justice department gave federal prosecutors discretion to move more aggressively to enforce federal marijuana laws the.

south korea north korea ceo dow emma o'brien phyllis hong kong china cannabis justice department travis calum nick beijing bloomberg seng china enterprises federal prosecutors marijuana twenty three percent twenty nine percent
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:13 min | 3 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"New zealand has named adrian or as the new central bank governor with a the fiveyear term starting march twenty th over his fifty four and is currently chief executive of the new zealand superannuation fund he's also a former deputy governor the albanians it will oversee the bank's biggest reformed since the early 1990s global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries you're watching bloomberg let's have a quick look at how we are seeing rachel's stocks affair midsession here and we are seeing the new zealand dullah up on that announcement of adrian oil out by tenths of one percent the ends at expedia finish the session high of by half of 1 percent generally it is a session of house activity across the asian region although we did fluctuate at the thing but seeing some very strong movement came back into take place which have been hamid over the last couple of weeks also taiwan's thai except my nine tenths of one percent led by honda high as we see that supply go very strongly elsewhere the osce dullah also looking quite good up by two tenths of one percent and the un is trapping lower by around a 10th of 1 percent against the jolie you can see in the bonn space that asian bonn's a generally being sold off today the yield on the china daily annoy my point three basis points let's have a look at some of the stroke sitting following in the region i mentioned upon high rising quite well in at the taipei session eight is out my two and a half percent see osce called religious reflecting what you are seeing in the railway space in china or it's the best performer on the hang seng china enterprises index these optic goldman sachs upgraded its h shares to conviction from by and tanda misha is plunging the most seen a year in seoul be south too the company said a week again it could hurt profits so little bit of downside elsewhere though it's about citing those it stocks and also energy place financial stokes in the region of them by around half of one percent well live from london at the top of the hour for bloomberg daybreak europe this is bloomberg welcome back to the best of gloom our technology emily chang in 2014 amazon introduced the echo a new category of device designed around your voice.

seoul london tanda misha seng china enterprises taipei hamid central bank adrian amazon emily chang bloomberg europe New zealand goldman sachs china osce bonn un honda expedia rachel chief executive one percent 1 percent 24 hours fiveyear
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 4 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"Analysts in more than 120 countries i'm deborah now this is bloomberg thank you we've seen some interesting market moves when it comes to gold of the weaker bloomberg dollar index let's get the broader perspective though with somebody yes if we are seeing asian stocks higher for a fourth consecutive session thanks to that rally once again on wall street with a record high friends stocks that you can say the only every major market that is in asia that's open today is high apart from of course what we are seeing a down under it has not been a great start to the quarter at all for ozzie stocks in every sector on the sx 200 is currently lower led by utilities which is off by about two point two percent you can say that continued strength coming through in hong kong's hang seng index about two hundred points on the lunch break or about 8 tenths of one percent still saying as strong rally as well on the hang seng china enterprises index indexled by those financial stocks after we saw the reserve requirement ratio eased over the weekend was still reacting of course to that strong factory number out of china that came through on saturday and ahead of and now the public holiday in hong kong tomorrow at japanese stocks looking pretty good as well the nikkei up by two tenths of one percent with ninety the tech space on the brought a topics is lifting that index to a yet ten year high and of course a what india very closely as well ahead of the abbey i decision let's have a look at some of the japanese car players because of course we've heard these reports coming through from kyodo news that nissan is said to have falsified days inspection documents sent spokesperson declining to comment on the media report and also honda set to consolidate its two factories in saitama by 2021 this according to the nikkei and we will hear from honda later this afternoon three thirty m tychy a time when it holds its and it holds a press conference that to a little bit of witness coming through and some of the other exports stocks in japan as well just having a quick look at india as we away east rate decision from the rbi this is g paytv space thirty to forty eight and you can see here the.

deborah asia hong kong financial stocks china india kyodo news nissan honda saitama japan down under ozzie seng china enterprises one percent three thirty m two percent ten year
"seng china enterprises" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 4 years ago

"seng china enterprises" Discussed on Bloomberg Radio New York

"The united states and north korea appeared to cool had campbell is portfolio manager at quantitative management associates although i do think the underpinnings for the equity market for the equity bull market are still in place i do think we're vulnerable to a pullback here and if the war of words does uh keyed up again you know certainly geopolitical concerns could be the spark for for a pullback here the sp 500 index advanced one percent up twenty four points dow industrials up a hundred and 35 points up six tenths of one percent nasdaq up 83 up one point three percent charlie pellett bloomberg daybreak asia new york fed bank president bill dudley said that he supports and other interest rate increase this year if the economy evolves as he expects in an an interview with the associated press steadily also said that it is not reasonable to expect the fed to announce plans next month on trimming its balance sheet deadly brushed aside the recent soft reading on us retail inflation as a trend that will probably reverse this suggests that fed officials might be willing to look past the slow down even as it becomes more sustained barrage about good serve being focused other types of between the united states north korea but goldman sachs says that there's a bigger threat looming especially for risk assets in china the company says that the nineteen th communist party congress it said to trigger an uptick in volatility for offshore chinese stokes golden noting the the runup to the buzz full meetings is be mocked by loose fiscal and monetary policies and in each case the hang seng china enterprises index eat gut stable returns but after the gatherings policies tighten and volatility took a bite out of returns it is 34 minutes past the hour we update markets every 15 minutes and let's get to our doug christopher who is looking not only at wall street but the the lead in here for the asian markets we had a stronger dollar during the new york session against the major peers the bloomberg dollar spot index picking up about three tenths of one percent right now a weaker yen against the dollar 109 seventy one and that is going to support the futures on the nikkei okay kind of a mixed picture the.

doug christopher nikkei bloomberg new york seng china enterprises fed bill dudley president york united states communist party china goldman sachs nasdaq portfolio manager campbell north korea one percent three percent 15 minutes 34 minutes