Page 2 - Malcolm Scott News Today

David we are getting the tokyo session up and running. We have been out for 24 hours, no u. S. Trading overnight. Lets take a step back, it is friday. Goldman sachs came out with a note, 620 by 2018. We are currently at 567. The record high won was in 2007 at 588. Hopefully we get there. Yvonne hopefully, but the selloffs in china are the big picture. Given the steepness we saw in the late part of the session, you have to wonder if it is the start of a market meltdown. Most traders say, we are n...

I am paul allen in sydney. We have some breaking news right now on south korea. We are awaiting the bok decision. Industrial output for october, down 1. 1 in industrial output month on month. Year for october, down 5. 9 . Expectations were for a continued rebound in industrial output. Not great on year, so news at all for the south korean economy, industrial output had been on the rise of wing to the export of electronics and other items. Have a bit of the damper may be countering some of the op...

Speaker paul ryan had to quell a revolt. From bloombergs global headquarters, miami new york. Cannot in the new york we are just past 6 00 p. M. Not a huge rally in stocks but all the major indexes in green. We have the s p, also up one third. The nasdaq gaining just over 0. 5 . The joy from the u. S. Not being spread to new zealand as they have been training for a couple hours. The kiwi dollar, little change against the greenback. We are up a couple points at the moment but it is hard to get th...

Sydney. Money supplier beating expectations. The Deleveraging Campaign was expected to intensify once it got past. Take a look at this chart. Is one aspect of the problem that policymakers are facing. Chinas achilles heel. That gdp growth is being outmuscled by the pace of the debt buildup. We got that in one sense from the numbers that came out. Financing more than expected. That brought us into the money supply number increasing more than expected from that 8. 8 the previous month. Debt buildu...

Sydney, 9 00 a. M. In hong kong. We have the polls and alabama, covering ahead of the special montgomery ahead of the special election. We will talk about the chinese appetite for u. S. Debt. This chart plays into how things have changed in terms of this debt binge on u. S. Treasuries china has had over the past decade, doubling its hold over u. S. Treasuries. That is starting to resolve because of a steady currency. You can see this conference relationship between where the dollaryen Exchange R...

Now forced its closure. Every asset the chairs, the filing cabinets, even the ink, will now be auctioned off so that creditors can be paid. Its a painful process for the former owner and his business partner. We walked out of there and locked the door for what for me was going to be the final time. And i gave her a hug and she sobbed, it was really deep, heartfelt sobbing. It was hideous. This has been everything to you. It has been everything to me. It was only three months ago but it was our l...

Days later driving this luxurious bentley. This sports promoter declared himself bankrupt owing ten million. We found him and his wife still driving a line of luxury cars and living it up in perthshire. And this banned company director, once one of the biggest donors to the conservative party, and a £41 million bankrupt. Here he is running multi Million Pound housing developments. Tonight on panorama, we expose the millionaire bankrupts playing the system. When a business goes bankrupt, its usu...

Oil producers hit and at extended curbs. They tell us the strategy is working. Ramy good morning, david, and good morning to our viewers across the asiapacific and around the world. What were talking about this whole weekend, the Government Shutdown. Right now, partial, but how total will it get . Looking at markets on friday, equity markets closed at record highs for the s p 500 and nasdaq , but we were talking in the past hour about whether it could hit gdp. It depends on how long it lasts. Th...

The economy is maintaining last years momentum. Let us have a look at what is going on with regard to the moon out there. We have records for mood out there. The dows climbing. Its always we have so far for the asian equity sessions. Sessions. 225 of 0. 1 . We are showing a contraction there. That came days after the bank of korea itself raised growth forecasts looking at 2018. Overall, the dollars strength is climbing a little bit compared to its japanese counterpart. It is waiting into the unu...

Chair. Fed the janet yellen era has come to an end. Just a few more weeks and janet yellen is out of there. Are piling in, they stocks, thatn with ripped in the u. S. Permeated the emerging markets, some are trying to figure out who was meeting who but i want show you one indicator here, this chart that gives you a sense that the and may be coming soon. 2717 measures the breath of the stocks. About 80 of the s p 500 stocks are now trading above their 50 day moving average, that is usually a sign...