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This comes after modest advances you did see gains. The second out of the last three sessions as joe mentioned it has been a rough week we are on track now if we continue on this pace to have the first down month weve seen since march. Looking at all the gains theyve built up on all of this. You are looking at fairly solid gains. It is a matter of days before we get to the end of the quarter. Take a look at the treasury yields now, especially the 10year. 0. 661 hasnt budged. Weve been sitting at these levels for some time weve got developing news right now. President trump asking a u. S. Court to let a ban on the tencent app wechat proceed the judge is giving the president to 2 30 this afternoon to postpone a ban on tiktok downloads. It doesnt pause the ban but says they must defend the policy in a sunday court hearing. The policy is currently set for 11 59 p. M. This sunday so a lot going on with the kvdel saga it was 11 59 last week too. What happens if you cant download it . Did you ....
The government is stepping and a lot to stabilize the market. Stabilize the rupee. Money is free to go where it wants to. If you are bid up because of foreign money coming in, and people want the entity those are the first markets they look cap. Indonesia is a good market indonesia is a good example. Give us anere to assessment on where we are. Up by over 3 ng this morning. We are seeing the biggest drag on the index so far. A third day of losses for the index. Here in the city. Take a look at the moves in shanghai. The index is off by 3 . Drop of as much as 4 by the hang seng index. The king dollar raining this morning. The offshore yuan is finding its footing. Trading below seven. The rupee has recovered from a record low that it hit further that it hit earlier. This is this as japanese officials tried to calm markets. The bounce back we saw earlier s p. Y stocks a similar theme across the region when it comes to the Circuit Break ....
But the e. U. May challenges deal with china. Up ad Morgan Stanley wraps big earnings week for u. S. Banks , with a beat. We are live from the Morgan Stanley global Alpha Investment conference in hong kong. Us trillion markets just open for trade. Sophie. Sophie asx us trillion marketst open for 600 the top smock the top stock market so far this year. Broadly speaking, asian futures are pointing higher and regional stocks are headed to a seventh weekly gain. We will see if the u. S. Tech rally feeds into asia, given bullish guidance. We did have alphabet joining the 1 trillion market cap club. Fed expected to stand pat on rates. Looking ahead to the chinese gdp report, futures in singapore closing higher after a three day drop was posted and the offshore yuan is headed for an eighth weekly rise. Thea top forecaster say ....
Toward em debt. He also weighed in on the fx manipulation debate. The currency weapon has been on the table for a long time after the chinese have used that weapon. Manus a warm welcome to daybreak europe. Lets tell you what is going on in the market. What is happening with the dollar . Will we see a new form of fx wars . Bloomberg dollar index, this is five days. We have been down three days in a row. Is it slippage or selling . Europe, slams china and both in terms of their foreignexchange policy big currency manipulation game, and the question he poses. Do we need to match or continue being dummies . What does that mean for the market . We will look at risk on and risk off assets. Gold we just talked to mark mobius. Everyone should have a little gold in their pocket. In the next fed rate reading cycle, the last cycle gold flew to the heavens. We will delve deeper. Oil, a little slippage in the market. Stockpiles were down for the third week in a row. Globally, the market is debating ....
Oil producers hit and at extended curbs. They tell us the strategy is working. Ramy good morning, david, and good morning to our viewers across the asiapacific and around the world. What were talking about this whole weekend, the Government Shutdown. Right now, partial, but how total will it get . Looking at markets on friday, equity markets closed at record highs for the s p 500 and nasdaq , but we were talking in the past hour about whether it could hit gdp. It depends on how long it lasts. The longer it goes, the more pain we might see. David certainly. Will it affect risk sentiment . Maybe not, we look at indicators. By the looks of it, we might continue the run. Running,nd is up and have a look at the markets there, a jump up there. 8334 right now. The dollar is down again. We are moving slightly into earnings season. Look at australia, coming off a 40 skid for that market. Cents on the currency there. 288 on the yield, ....