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joining me now is janet mui, head of market analysis, rbc brewin dolphin. good morning to you, janet. i noticed today is the first trading day for financial bond markets for 202a. the price of oil is going up and up because of concern this could hit global oil supply.- of concern this could hit global oil supply. hi, good morning. _ global oil supply. hi, good morning, sally, _ global oil supply. hi, good morning, sally, thanks - global oil supply. hi, good morning, sally, thanks fori morning, sally, thanks for having me. so far i think global markets have been relatively complacent on the risk of escalation in the middle east, so i think a bit of reaction on the oil price is normal. all prices are higher because people are worried about the supply and also mostly villages logistic concerns as well. as you mentioned, this is a very important trade canal between asia and the west, so the longer this problem persists the more uncertainty it poses to container ships and the
Janet-muiHeadMarket-analysisRbc-brewin-dolphinPriceOilConcernSupplySally-bundockHiOil-supplyThanks-fori-morningtrading, let's look at wall street how it ended the day. monday, so you can have a sense of how those markets were trading. 0n of how those markets were trading. on monday this always plays into the asian session the morning after. live now to janet mui, head of market analysis, rbc brewin dolphin. it's a really interesting time, we have to talk about evergrande and the dramatic scenes we saw monday when shares started to trade again, so many questions about its future now?— future now? there is still uncertainty _ future now? there is still uncertainty on _ future now? there is still uncertainty on the - future now? there is still uncertainty on the debt l uncertainty on the debt repayment by evergrande, investors are still unsure whether evergrande is going to further into a downward spiral, and that has a very bad lead across to the rest of the property sector because we of course or country garden also going under already. it is still going to be an ongoing concern for investors and the
SenseTradingMarketsMarket-analysisHead30nSessionAsianWall-streetJanet-mui-0Evergrandeone of its core lending rates, it's so called one—year loan prime rate, and it's now at a fresh record low of 3.45%. but the five year lending rate has been left unchanged at 4.2%. there's been a slew of poor economic data in recent weeks, pointing to a slowdown in the world's second biggest economy. over the past 10 years, china has generated a1% of the world's growth — almost double the 22% contribution from the us, and dwarfing 9% from the euro area. joining me now is janet mui, head of market analysis at rbc brewin dolphin. worrying times here given the size of china's output, the government was expected to do more. is of china's output, the government was expected to do more.- was expected to do more. is this enou~h? was expected to do more. is this enough? thank _ was expected to do more. is this enough? thank you _ was expected to do more. is this enough? thank you for - was expected to do more. is this enough? thank you for having i was expected to do more. is this l enough? thank you for having me. there is pressure and how much more the government can do. from the
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