To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump since june. There has also been expectation that u. S. Crude stockpiles would extend their streak of declines. We are waiting for the brent open but we have seen it back above 40 per barrel. Of the oil ande gas names here in asia. Lets look at how asian markets are setting up for the day given that we had a rebound we saw in the u. S. Most stocks ending off the session highs. Just half ais percent higher. Sidney futures looking much more positive. We are also getting increasing nervousness when i
ASEAN especially has immense consumer market opportunities for British exporters
Political differences are clouding market opportunities in China and Hong Kong but these are also growing
A review of pending and on-going trade agreements as identified by the
UK Government reveals a huge lack of trade attention with Asia. This ought to start alarm bells ringing – Asia is expected to produce 50% of global GDP in the next 20 years, and represents huge opportunities for British companies to both sell products to these markets, manufacture, and trade.
As McKinsey succinctly put it in
this recent report: “Asian flows and networks are defining the next phase of globalization.”