Kospi in south korea was up by 1 1 3 shanghai index ended slightly higher as well this morning in europe in some of the early trading weve already seen, again, the green arrows continue there, too the dax is up by over half a percentage point the cac in france up by 4 ftse is up by. 3 of a percent. Check out crude oil prices which were up sharply last week. We saw oil close above 50 for the first time in over a month a gain of 2. 50 over the course of the week. This morning down by 2 cents to 49. 87 currency, dollar was also stronger after coming under pressure in recent months but the dollar index was stronger. Dollar down against the euro at 119. 5. Up against the yen, 111. 29. Record night of emmy awards. Handmaids tale. Took home the top prize. The cast of veep took home the best comedy. Saturday night live came out on top it won nine awards hbo won the most awards of any network. Big little lies helped secure that record. Hbo held off netflix yet again winning 29 total emmys compa
Samsung. The share price doing well. 9432,s chart number judges delivering of verdict in this graph to trial of jay y. Lee. Prosecutors requesting a 12 year sentence. They say they paid bribes to the confidant of the then the south korean president to secure governor support for the merger of affiliates. This has largely been ignored by investors. The kospi up 16 from august. It is an important stock. ,he percentage of total kospi the market cap, 18 s or thereabouts, so does dictate in some sense where the kospi goes. That is what we have at the moment. Haidi absolutely. We will be watching the outcome of that verdict. Has been the teflon market despite geopolitical concerns over north korea, samsung the ultimate teflon start despite concerns ongoing. We are 30 minutes from the open. , not aht, like volumes lot for investors on the macro front. Everything is converging on jackson hole. Lets look at asian markets. Unsurprisingly we are seeing a Holding Pattern ahead of janet yellen and
Are the most correlated since 2013. This proves it because we pretty much followed at the moves in the oil price today. We have shrugged off what happened in china earlier. The shanghai composite shrunk by 6. 4 , to the lowest level since december, 2014. This is one of europes best ans,rming stocks, ziem shares have risen the most in seven years after it raised its profit outlook. It was an unexpected move and it highlights the confidence that joe kaiser has in the ability of his company which makes gas turbines and medical scanners it highlights. The ability to rise out the economic downturn in china and ride out the dropping oil prices as well. It was up by 8. 3 today. Matt it competes with phillips to provide a number of products including health care products. Up by 5 , company that focuses on health care and is big on medical scanners. It is focusing on health care and spinning off its Licensing Division. Fourthquarter profit Beat Estimates today because of growth in medical equip
We are live from davos. Im guy johnson. This is Francine Lacqua. We are having a small technical issue with her might. We are going to fix that soon. I will just hold this one here and make sure that we are both heard. It is hard to chat with just one microphone. Weve got a big two hours. It was interesting. I really enjoyed our interview with the governor of banco italian. The ecb delivered yesterday. The euro is going down. He was pretty confident. He says theres more to come. We have a mandate and we are going to do it. What youve seen is a continuation this morning of what has been going on with the eurodollar downtrend. We are down at 1. 12 now. Im waiting for i think hes pretty pleased. And the man everybody wants to meet. This is an incredible couple of hours. It will be great to get mr. Kurodas idea on the ecb. That changed the game for him a little bit. Cracks this is the man we want to me, the head of the boj, a man with considerable experience dealing with qe, a man who is l
Could be worth 4 billion. And a santa rally is under way before he sets off on his Global Delivery round. Happy Christmas Eve, everyone. Many of the markets here in europe are already closed such as the italian, swiss and fwerman ones, but there are a km markets still trading at least until around noon, 1 00. Were seeing a little green on the charts. The cac 40 up by 0. 3 and the ftse 100 is seeing similar gains. European markets trading close to a threeweek high. This is on the back of some m a activity that we saw in the european markets yesterday but also the cheer given that we see those record highs in the u. S. Trading session. In terms of some of the sectors, travel, leisure, media outperforming, we have no sector in the red today, but in terms of the relative underperformers, were seeing technology and basic resources in terms of the on the lower part of the ledger, technology saw nice gains in yesterdays trading session arm being one of the better performances. Apple, kind of