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devaluation was confusing. repeatingeading his claim to china south china sea. let us know what you think of our top stories. follow me on twitter @rishaadtv, include #trendingbusiness. shanghai, shenzhen, and hong kong reacting to that u.s. jobs report. here is juliet. what a disastrous number for that payrolls number. we are seeing weakness come through from a laser on the open. singapore opening higher. from malaysia on the open. singapore opening higher. most of the weakness coming through from the nikkei 225 as the yen holding near one-month highs. this is a story of dollar weakness. the likelihood of a june rate hike in response to that jobs number now only 4%, down from 30%. the likelihood of a july hike down from 50% to 27%. down 1.4% with the yen holding on to those highs. australia, up by a third of 1%. gains from gold players. that shows you how much there is in terms of risk off sentiment. investors flocked to that safe haven gold price. zealand closed tod ....
a funding drive for a silicon valley startup. the stock is up. kuala lumpur just coming on line. a lot to grapple with so far today. what s going on? market order, just , was don tthe price lose money. try not to lose money. try to not lose as much money as possible. let s get started with what happening injured dan. japan. what happening in we are down over 7%. normally, that would be the biggest drop in years. that s only the biggest drop going back to may. there we go. 8%. 8% now. no one stock is actually driving that. i was looking at my bloomberg. just about every single stock on the index. every single one, with the exception of maybe five way down.the it s pretty broad-based with across.declines the nikkei down 2.25. the global selloff. let me get you in number. from the close on friday, we are cap that sa market basically been wiped out. $1.5 trillion. at least. that s just the world s biggest socks. it doesn t include these small-cap stocks. are looking at yi ....
29% below closing price. , whileles have expanded militants have disrupted production in nigeria. they are considering peace talks. do follow me on twitter at @rishaadtv, please use #trendingbusiness as well. include decision not to a-shares in about 30 minutes from now. malaysia, taiwan, giving their verdict as well. noninclusion is oh top story. our top story. investors are now looking ahead, what will happen over the next , a seriesthe fed, boj of data points coming out of asia, most important of which will be a fresh set of trade numbers, new credit numbers come excuse me. that said, the kleins for a declinesaight day for a fifth straight day, extending losses on wall street. losses deepening on very thin volume. various metrics of implied volatility continuing to creep up. vix is up for a third straight day. a lot of that has to do with a huge pop on monday. caution, a three-week low, currencies, strong dollar, stronger japanese yen, aussie dollar near session ....
voting to quit the european union. beenigning for brexit has suspended after the killing of an mp committed to staying in the eu. a man has been arrested. follow me on twitter at @rishaadtv, using #trendingbusiness as well. and 30ding day underway minutes in hong kong and shanghai. at theaving a look glass is half-full today, isn t it? bulls i session for the to put their hats on. a solid tone compared to yesterday. are looking at gains at the moment, 7/10 of 1%. not quite erasing the losses yesterday in japan. we have managed to offset the week. poised for a weekly decline. story has been ons pop right here dollar-yen. comments,o do with basically expressing concern that these recent moves and dollar-yen have been one-sided, abrupt, and speculative, playing off the risk of brexit. chatterrked a series about a possible intervention. on that note, the central bank and finance ministry are meeting at the moment right now in tokyo to exchange information on global marke ....
economy stuck on hold, inflation sliding, unemployment unchanged, but a slight uptick when it comes to business sentiment. willsia airlines new ceo step up in the middle of a restructuring after the twin disasters of 2014. do let us know what you think of our top stories. follow me on twitter at that hashtagse #trendingbusiness. let s get straight over to steve for the latest. we are having a continuation shaped recovery in china. 50.0 is the line between ,xpansion and contraction optimism and pessimism. it is still on the borderline. month,50.1 the previous so a tenuous recovery at best. services outperforming expectations, nonmanufacturing pmi at 53.7. the previous month was 53.1. 53.7 is a robust number for it has been the strength of this economy. banking, telecoms, new technology, while the older economy, coal and steel production, traditionally manufacturing, they have been struggling. with this recovery, we have seen the sub indices show some weakness, especially ....