Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
Critics say some cosmetics have Dangerous Levels of mercury. China prepares for its biggest ipo since 2015. It may not be plain sailing as investors lose their taste for mainland stock. Paul lets check how we are treating right now. Australias asx has just come online. We are looking flat at the moment. We have the staggered open. We will see how things unfold. New zealand has been treating for a couple of hours. Currently higher by four tens of 1 . No change for the nikkei futures. S p futures becoming as well. We have had some encouraging news today regarding the usmca. Beingas if that bill is pushed through as the thanksgiving holiday approaches in the u. S. Out of have the poll britain that shows Boris Johnsons conservative party on trunk to secure a majority in decembers election. Lets get the first word news. Su we are going to star in the u. K. Sterling strengthened as the u. K. Poll suggested the conservative party may when a comfortable majority. The survey of 50,000 voters se
Lots more on all of our stories on a website, you can even try the bbc news app, but now lets go to singapore for Asia Business report. Shinzo abe becomes japans longest serving perimeter, has his Economic Programme been a success . How the boss of mozilla, the Company Behind the firefox web browser, is taking on big tech. Its wednesday good morning asia, hello world. Glad you could join us for an action packed edition of Asia Business report. Im rico hizon, lets kickoff the programme with japan because this morning we had that exports flipped by 9. 2 in the month of october compared to a year ago levels. And this comes on the same day that shinzo abe passes the milestone of becoming the countrys longest serving Prime Minister. His time in office has been marked by his centrepiece Economic Programme called abenomics. For more on this Economic Revival Initiative from the Prime Minister, imjoined now Economic Revival Initiative from the Prime Minister, im joined now by my collea g u es P
Trouble with selling a world Famous Treasure trove want to do the dressed in themes in mind for their priceless jewelry heist. But come to do your business live from berlin i want to get jones good to have you with us starting with a blockbuster i p o shares in chinese ecommerce giant alibaba has surged in its hong kong trading debut in what is one of the years most anticipated stock offerings the company which is already traded in the United States raised more than 11000000000. 00 in its 2nd realistic shares of alibaba surged more than 6 percent in the 1st few minutes of trading on about us offering is a huge boost for the Hong Kong Market which has seen business slow amid the ongoing and partly very violent prodemocracy protests. And as were in the region already lets talk about chinas role in the current a bit coin decline the much hyped crypto currency has fallen to 6 months low partly because china has announced plans to take a harder stance against cryptic currencies in general b
Of a total breakdown. And technical glitches marred the launch of disneys new streaming service. To breakingirst, news from south korea. The jobless rate coming in at 3. 5 . This is in line with estimates but slightly higher than the previous month. Add 419 thousand jobs in october, more than they did in september, which was already quite a strong job scheme number. Pe number. That is helping to offset some losses,anufacturing job not to mention declines in retail employment. In south korea they have been really supported by fiscal policy. In budget is helping growth the public sector. Right now, the jobless rate coming in at 3. 5 for the month of october. Lets see how we are doing in the markets in asia. Overnight,d messages hearing from President Trump in new york, threatening the possibility of more tariffs if phase one trade deal doesnt get done. Hasydney, as that market just come online, new zealand,. Rading is underway with Fourth Quarter Inflation Expectations, it plummeted off