Are 30 minutes away from the open in hong kong, china and taiwan closed for trading, but singapore and malaysia coming online, a slew of asian pmis, the markets have a lot to digest. Lets get it over to david ingles. Happy first day of the quarter, by the way. David and to you as well, heidi. Ofeak dollar story, a bit deals. The leaders across asia, a few flat markets. South korea. 5 , new zealand, singapore, we wont get into the details. Japan erasing earlier losses. Have a look at the currency markets, inflows, the south korean won, a big movement with high beta currencies like the won. 1111 predicted in the next few months. All right, put this up and have a look at the commodity markets, and no Movement Across energy. There was a big move last week. All the information has been priced in. Next key thing is what happens to inventories. That is what opec keeps saying. Look at inventories and the main data. When we moved to june, we expect the needle to be moved a little bit. The bonds
Economy stuck on hold, inflation sliding, unemployment unchanged, but a slight uptick when it comes to business sentiment. Willsia airlines new ceo step up in the middle of a restructuring after the twin disasters of 2014. Do let us know what you think of our top stories. Follow me on twitter at that hashtagse trendingbusiness. Lets get straight over to steve for the latest. We are having a continuation shaped recovery in china. 50. 0 is the line between ,xpansion and contraction optimism and pessimism. It is still on the borderline. Month,50. 1 the previous so a tenuous recovery at best. Services outperforming expectations, nonmanufacturing pmi at 53. 7. The previous month was 53. 1. 53. 7 is a robust number for it has been the strength of this economy. Banking, telecoms, new technology, while the older economy, coal and steel production, traditionally manufacturing, they have been struggling. With this recovery, we have seen the sub indices show some weakness, especially on the jobs