The hang seng at the moment. The two thirds of 1 . Lets look at what is going on with the nikkei. Market, we are seeing a move to the upside. A case of bad news and good news. Indicating they could institute Interest Rate cuts. Lets get to the other asset classes. This is where we find ourselves at the moment. It must have been quite a meeting between the fed chair powell and his boss, the president. It must have been. A yield to that has barely been budged in. We have been seeing them lurch higher. More uncertainty in the haven buying. Pence against the euro. That is sterling moving to six month highs against its european counterpart as the threat of a hard brexit recedes. Aussie dollar moving to the downside. Just under . 68 u. S. Where it istuation to the downside potentially. Theyof many are saying would not be surprised to see a 66 handle in the nottoodistant future. Then we have the Violence Center stage in hong kong. It is continuing. That continues to be our top story right now
Disappointment as well the hong kong decided to go public about the talks after just 2 days but the longer history of failed bids for the other similar planned International Stock exchange mergers suggest the basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. Then as the talks of protests in hong kong have been raging much of the focus has been aimed at chinas extradition bill and understandably so however under reported in the wake of the turmoil has been climbing cost of living in the region recently our correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This is the peak an area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires. Bankers and celebrities its areas like this one that make hong kong
Area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires bankers and celebrities its areas like this one that make hong kong one of the least affordable cities to live on earth internationally hong kong is known to be wealthy and prosperous but thats not the case for all its residents. One in 5 people is in poverty here and that number becomes one in 3 for the elderly and when it comes to housing over 200000 people live in what soco Hong Kong Social Services organization calls inadequate housing like these subdivided flat in a subdivided flat your bed is your living space kitchens and bathrooms are shared in this flat by 24 people some flats dont have kitchens and the rent is more expensive if you have your own toilet in hong kong the gap between the rich employs a bank seelye shan as a Community Organizer with sopo i think that the minute you. Step onto the 50
Basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. Talks in hong kong have been raging much of the focus has been to chinas extradition bill and understandably so however underwood ported in the wake of the turmoil has been climbing costs of living in the region recently are 2 correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This is the peak an area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires bankers and celebrities its areas like this one that make hong kong one of the least affordable cities to live on earth internationally hong kong is known to be wealthy and prosperous but thats not the case for all its residents. One in 5 people is in poverty here and that number becomes one in 3 for
Asia daybreak coming to you live from bloombergs u. S. And asian headquarters. In hong kong its just past 8 00 a. M. And just past 7 00 p. M. Here in new york. Yvonne, the news keeps pouring out of the white house. Just last hour we got breaking news out about the u. S. Looking to impose now sanctions on iran over their Ballistic Missile testing. We got that warning from President Trump on his twitter earlier. It just shows you sort of how headlinedriven it seems the markets are. Yvonne yeah. What about the fed . What about the jobs report . It seems like all that is just buried from the macro and all the headlines coming out from capitol hill. Here, though, were not getting much leadin after wall street traded really flat. Lets see how asia is shaping up on this friday morning. Dave right. So, i mean, i was going to say that it was going to be a cautious start to the trading session but then we got a little bit of movement in the yen and there we go. Were looking at gains across the r