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That is after a disappointing gdp report for the most recent quarter. More on that and a moment. It is driving japanese stocks lower. We are seeing safe haven buyers into the yen. Gold is rising. Both of those happening in tandem. Investors taking risk off the table, concerned that the looming sales tax increase will have an impact on the market. The market is down, the nikkei lower by 0. 5 . Mscithough the asiapacific is advancing, it is early going. We will see how that changes when hong kong and shanghai come online. The nikkei looks like this in terms of stocks that are moving. On the upside, some of the insurers. Take a look at those declining. We will also be watching the exporters today. Those move likely when we see the yen rise. That is negative for those companies, the big exporters like toyota and sony because it hurts their earnings as they bring back earnings from abroad. Is up 0. 4 . He kospi hyundai is higher by about 8 . Those are some of the local names in that market. ....
Headquarters in london. I am olivia sterns. Also coming up, will andy murray keep his crown . We will be live on day one of wimbledon. And can the peninsula win over paris . Pmire now getting European Data breaking. For more, lets bring in manus cranny. Looks like a little bit of a drop here. Hasn the surface, it dropped. 52. 8 is down from 53. 3 on the manufacturing side. Of 52. 2. A forecast missing analysts on manufacturing and services. What we have here is what we already know, france contracting for a second month in a ropey germany, a little bit of slippage in the Services Data as well. Overall, a little bit of slippage. This goes back to what mario draghi said over the weekend. Talking about and uneven recovery, different stage in the cycle compared to the rest of the world, the u. S. And japan. This is very much a confirmation of that. It is interesting that i mean, yo ....
The Peninsula sees challenges as Hong Kong luxury hotel chain seeks to counter 'negative perception' hobbling tourism industry biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.