All right, this is a shock or block week. But thisa note that suggests that these markets are moving high. Becausehave good reason earnings have been so impressive so far, really big ones dominating the agenda this week. Ish, we are looking at crucial levels when it comes to stocks in hong kong. Rishaad absolutely, looking at what happened with these shares, these Chinese Companies trading in hong kong. We want to bring up gb tv 9440. Investors bid for these underperformers. This is a third of the companies on the hang seng. They are racking up fresh one year the biggest proportions says that 2014 stock bubble. We are seeing some of those cheap banks red hot. These fresh highs are being hit last week. That is what we had at the moment. H, in terms of the other things on the agenda, we have yellens swansong and watching what the fed does. We are just watching what happens as jay powell takes over. The pmi is expected to hold steady. Lets look at markets because we did have u. S. Stocks
Good gains across the board. We are having a look at what is happening and bringing up 5120 if you are a bloomberg user. Asian stocks going toward their best year since 2009. Asiapacific stocks outperforming globally speaking, the turquoise line, with europe doing well as well. And the american equities market looking like that. So over there come all of this is in u. S. Dollar terms. And this comes as fastgrowing market like china and india move, but each of these have the potential political crossroads. Some might say a high be to place. If they can go up. If that does happen, it could result in a cute pain accute pay for asia. This coming through for some of the market parties out there. Just under a half hour before we get underway in hong kong, but startinguala lumpur their session. What have we got . No pain so far with the asian equity markets, busy with success, that was the title of the chart you showed us. Checking stocks on wall street, good vibes putting asian equities on c
The uncertified inspection scandal. They say the u. S. Market will be critical. Yvonne markets seem to like the dealmaking that could be happening in asia. The donald trump a visit we have been calling it in the region, gone pretty smoothly so far. The state visit in china, they havent rolled out the red carpet, the chinese opera. It seems this relationship between president xi and trump has softened more. We will talk about the deals we are expecting. Betty 250 billion worth. A common theme that we are hearing from many of our guests is, the real work is going to happen afterwards. It is nice to see the pomp and circumstance. But really, the real work, the nittygritty will happen after the niceties and handshakes are finished. Lets get the first word news with courtney collins. U. S. Tax changes move a step forward thursday. The Senate Finance committee scheduled to release its proposal. Republicans plans outline the bill with gop colleagues after facing criticism from inside and outs
Executive order targeting majority muslim countries discriminated on the basis of religion. Jeff sessions will testify publicly to the Senate Intelligence panel tomorrow. The attorney general will answer questions about his role in the firing of former f. B. I. Director james comey. Sessions requested a public event. Bloomberg will have live coverage of mr. Sessions testimony beginning tomorrow at 2 30 wall street time. This is bloomberg. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. This is bloomberg. Caroline i am caroline hyde. This is Bloomberg Technology from london. Coming up, the tech selloff goes global. Investors blaming the sectors biggest names. We will analyze every turn of the worst two days contact this in tech this year. Uber ousts its head of business. We have the inside track on the surprise exit. The mayor of london joins us at the launch of london tech week for a bloomberg exclusive. First
Daytoday, awaiting the headline gdp number for the Second Quarter, but looking to scrutinize domestic activity numbers, fixed Asset Investment, Industrial Production, retail sales, all expected to show stability and she lower. Given it is a key Political Year for beijing, we are looking at stability as the theme when it comes to growth. Take a look at this chart that paints a picture of the boring trajectory when it comes to that headline gdp number over the past two years. We have been hovering around that 7 level. We really do want to look closely at the breakdown of the Growth Numbers are going to be. It the Property Markets slow down continuing to bode ill for the growth in the second half of the year. Have we come off the peak in terms of input prices. We will take a look at the deleveraging drive and how that is affecting growth. We are 30 minutes away from the open in hong kong and china. Singapore and malaysia coming online. We saw that interesting session in the u. S. Where al