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Welcome to the pulse, live from london. Nikkei hasns recorded its biggest oneday gain since 2008. That came as asian stocks rose across the board amid optimism that chinese policymakers will succeed in stabilizing the mainland equity markets. Francine the chinese premier will address an evening session of the World Economic forum and discuss the state of chinas economy later this morning. To round up all the market moves, lets get to mark barton. Mark what is going on today , then . The asia pacific index rose the most since 2009 in the last two days. The shanghai composite Index Benchmark has risen by 5. 3 , all on this belief that china will stabilize its Financial Markets. It comes after all three u. S. Indices went down, their secondbiggest gain of 2015. Index hadsiapacific its biggest gains in 2009 not the most a ....
Good morning, everybody. Welcome. Youre watching the pulse live from bloombergs european headquarters. Were here in london. Im guy johnson. Lets get straight to our top stories. Protests in hong kong. Beijing Bank Authorities demanding that the chief executives of hong kong must now go. David, give us a sense of whats happening in hong kong right now. Well, what were seeing just today after the protesters once again blanketed the main roads into central hong kong, a lot of them have gone to work today so it seems some dispurgs of the crowd but we expect them to come back again. Tomorrow and the day after, it is a Public Holiday here in hong kong and those were the days when occupy central, one of the main organizers of this movement wanted to have their sitin. They brought it forward because the students really started protesting last friday, but what we really do expect to ....
A selloff in the markets. Another 1 move to the downside. Thats three in five sessions, actually. The fed minutes, as we said, coming this afternoon. Yum cutting its forecast for the year. The scandal in china continues to weigh on sales. Jcpenney is holding its investor meeting today. The stock has almost doubled since february. Is jcp really back . More retail numbers today. Costco earnings are out. Theyve beaten estimates on the top and bottom line. First up, stocks are looking to shake off Global Growth numbers. The dow suffering its worst day since late july. The s p falling 1. 5 , settling at the lowest level in almost two movanths. The worst day for transports in about eight months. Oil today below 87. If cramer were here, he would say that is pointing to real demand concerns around the globe. A sign, as you say, of just slowing growth around the world. Thats the key. When you talk to people this morning as i did or even lat ....