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The asian trading day getting underway, dow hitting 21,000 finally. S p seeing its biggest gain figure, all on these expectations we will see march move from the fed. All sorts of action in the asian trading session. Japan punching through aching resistance level. The question is whether Hong Kong Market will join in on the party. Malaysia and singapore getting online. What lets check in on the markets. Lets take a look at this chart on the terminal. Japanese benchmarks in poll position with the nikkei 225 and topics tracking the dows rise, this as the yen trades at a twoyear high, a 50 month high potential with little resistance in its way. Lets look elsewhere in the region. Korean shares also rising 8 10th of 1 . Factory output rising 3. 2 on a monthly basis. Over in australia, index up over 1 . Thanks and miners banks and miners following their australian counterparts. Report of china curbing output of steel and aluminum to r ....
Lowest level since august. Road map begins with deutsche, shares plunging this morning on news that the department of justice is demanding 14 billion to settle some claims. Were going to take the pulse of the banking industry. The new iphone hit stores today. The lines arent what they used to be, but does it matter . Apple shares up 12 so far this week. And the nfl made its twitter debut last night to some mixed reviews. How it worked and what it means for the future of the company and live streaming. But first up, Deutsche Bank down sharply in the premarket. The doj demanding the bank pay 14 billion to settle Mortgage Securities probes related to the financial crisis. The banks head of communication spoke to cnbc europe this morning. Take a listen. We know that this is a number, its a very high number. This was the case with other banks, with our peers in the united stat ....
Critics and that savers cannot expect returns without Economic Reforms to rekindle demand. It is just gone 6 00 here in london. It has just gone 7 00 in berlin. In terms of these nubbers from commerzbank, the net profit, that is against a forecast of 160 million euros. Just a touch above or in line of the forecast. In the ratio. 148loanloss provision million and the estimate was 170 million so it looks as if theyre having to make fewer provisions for loan losses than had been expected. Before loanloss provisions or 2. 3 one billion 2. 31 billion. The low Interest Rate we find ourselves in means that barclays suggesting that Net Interest Income would most likely be dampened. Keep an eye on what they say about that. Another big theme has been costcutting. They are talking about aiming to keep their cost base stable. ....