Page 8 - David Inglis News Today

Anna welcome to the program. Asian markets getting a boost, betterthanexpected export data out of china. Let us talk about the oil. The big story the last 24 hours, briefly dipping below 30 a barrel. We have a great story on the terminal, talking about how 11 months ago, we were talking about 20. The not look as crazy. Beus i thought we would cheeky and sneaky today. Jeffrey gundlach says oil below 40 is causing frightening political paper. We might make it to 45. Anna let us talk about the Fore...

It has just gone 6 00 in the morning. The chinese stock market a little less volatile today as a result of some of the government actions. They seem as if they are wanting to take on the speculators in the offshore market. That means the cost of borrowing surged hong kong, that to another record. It seems the intervention by the liquidityaining yuan in the offshore markets. Murderous ins terms of stamping out the speculation. The whole point about this is trying to bring the offshore yuan and th...

Its a busy morning for marks. Heres the bloomberg of carolyn hyde. 30 a barrel. The shanghai composite closed 6. 4 . Theyre not the highest of 2013. Some Bank Officials are said to have been anticipating a close all thats whether to expand records. They dim the ranch. The governor used to dabble to play down the impact of lisas turbulence on the economy. Meanwhile the federal economy says its meeting to decide whether they will pro side as planned today and tomorrow. The participants are unable ...

Roadshow. Lets get you up to date on everything you need to know. Caroline japans crude oil imports last year fell to the lowest level since 1988 amid declining population and more efficient vehicles. Data showed that japans annual narrowed 80 from the record as Energy Exports fell and a weekend spurred a modest increase in exports. The shanghai composite has tumbled 70 so far this year. Ubs says the slide is not over yet. Officials say the index will drop to about 14 lower than current levels. ...

When you look at the asian trading. When we look at the u. S. Numbers, we see risk aversion with metals and gold. Money is moving into what is same as we haven asset with of the safety that is gold. On the flipside, we see monday moving into the fx haven. You look at that story from david inglis in a moment. We see the dollar up for three straight weeks versus its peers. That is the longest streak since july. Particularly, money is moving into this particular haven. Oil is moving out of oil once...

On the high side when it comes to bonds. How many . Were in the record zone at the moment. For germany, the dutch and french. Were seeing record low yields. Keep an territory eye on the debt market. Money going into bonds as we saw yields in japan died lower dive lower. Up we go. We see the yen fog. The dollar higher, the yen lower. As i said, oil trading got much higher today. That is on the back as the talks from opec in russia. Could they come together . 2. 2 . Seeing brent up lets check in w...

Im on edwards. Mention this and i headlines, china has made an offer. Per share, that is in cash flow to that compares to a monsanto offer previously which not all ins francs cash. Not always comparing apples to apples. Remain a Global Company centered in switzerland. Thepany could management will stay in place. Perhaps the company will be delisted. We will wait for confirmation on that. Theyre saying that the existing management will continue to run the company. Were getting numbers out of them...

About one third. Not really a good sign. Then again, the pboc coming out. And they are looking at doing what is called targeted easing. Above the 2200 level there. Anyway, i will be back later on. Thanks, david. Increase, China Central bank has given another indication it will hold off on any major stimulus. Lets bring in our Bloomberg China economy editor. What does this say about the state of the China Economy here . Actually saying things are not about to collapse at all, but at the same time...

In credit and money supply, Chinas Central Bank has given another indication that would that it will hold off on any major stimulus. Live today from beijing. Scott, what does this say about the state of chinas economy . Not going toere see any big bang in stimulus these days. We are also not going to see any major pullback just yet. The economy grew at 7. 5 in the Second Quarter. The forecasts are that it is going to stay close to that rate for the rest of the year. We have heard these kinds of ...

Lets get Stephen Engle invasion. What are they saying this time . It is coming in below the previous month for october. This is the services pmi which includes banking, telecommunications, and property, coming in at 53. 8. The previous month was 54. Me extrapolate this out previous month, 54. 4. This is the weakest since january. 52. 8 for the services pmi. Obviously the property weakness is hurting the sentiment in this sector, despite the fact that authorities on a nationwide level have relaxe...