also looking to see whether the boj meeting has action over bond buying purposes. out the board, let's check on the stock action this morning. we losses across the board. 2% on the benchmark with all sectors in the red. the nasdaq 100 is falling more than 3%. que vstoxx the worst stock market in the world. we are looking at more red across the screen when markets open in tokyo later today. we are seeing little change right now. amid this inflation and recovery, i want to look at the chart on the terminal. percolating into markets that have not translated into performance in asian small caps so far. they are lagging behind their larger peers. we are seeing that volume moderate after back-to-back monthly surge shares. >> let's get more on the markets with mark cranfield. mark, you were telling us about this. small accounts across asia. our question on the day, which stock index will turn first? we are seeing thriving with yields and how hard this could hit emerging markets. >> certainly, when you look at countries that have a high exposure to tech stocks, that will b

noting that boj is no -- is in no hurry.ocks are heading higher with the bk above 29,000, rising by more than 2% with tech the biggest boost. pulling up the chart on the terminal, the index looking set to reclaim its 50 day line after the worst drop since -- it could be a buying signal. this in light of optimistic earnings. we are seeing companies in asia that have reported earning reports despite what we are seeing from estimates. haidi: investors will find out if the hang seng index will undertake one of the biggest overhauls in its 51 year history. the index provider set to decide if they will change the number of constituents, ratings and fast-track new listings. this would come at a time when we are seeing big changes with these huge homecoming ipo's. what are we expecting today? guest: we are expecting this announcement just before the 4:30 press raving. it would be the biggest overhaul to the index since it started in 1969. there are five key changes under consideration. one of them would increase the number of consti

we are going to get those details when the boj releases its plan on friday.hat it is supporting the decisions to ground some of its aircraft, after a united airlines plane had an engine failure that range debris on a suburb of denver. japan has ordered national carriers to ground several of their fleet while inspections are carried out. america's faa has meant a similar decision. let's get the details. just give us a bit of background on what this means. guest: given that boeing has been having difficulties with the 737 max, this certainly is not good news for boeing. but at the same time, the magnitude that we have seen with the max might not be repeated this time, given that a lot of the airlines that might have these planes in their fleets have pretty much been grounded these planes anyhow, because of low demand since the pandemic. it is a major concern, and airlines are looking into this at the moment. haslinda: we know that investigations are still ongoing. what is the initial response to what has happened over denver? guest: we still do not have very cl

etf buys and maybe we can cut rates more, but the vaccine rollout -- does this start shifting for the bojumi: they have had a bit of a roller coaster. then we had the worsening of the covid third wave and the economic outlook looked a bit more bleak a month ago and now it looks slightly better with the fourth quarter gdp numbers, so i think it is a game day decision for the bank of japan. the markets are doing well and they have less of an incentive to have to go devilish. haidi: the global research had of bank of japan. staying on a pandemic -- why the pace of the vaccine rollout is crucial to the recovery. he began discussing mario draghi's impasse on it. >> mario draghi was stressing in the last years leading the ecb one clear point. we have a monetary policy without a more coordinated fiscal policy and what we decided after the pandemic is a common fiscal tool without a president for the european union , so we have an opportunity to go further in this message that by the way christine lagarde is frequently sending that a common monetary policy needs to go hand-in-hand with a more coor

do you think europe or japan can engineer a recovery that leads to higher policy rates at the boj and ecb? jonathan: over the 10 years or any point? jonathan: 10 years. david: we do think over 10 years you can get back to a point where you start to see the rates rise because you see the supply-side responsive as well. in the near term, we fully expect the bank of japan to be on hold. tom: -- jonathan: great to catch up. david page. that would be a key difference if they are able to manage in economy recovery, engineer the recovery. the ecb did not achieve that the previous 10 years. tom: there is no question about it. i want to look up the next 12 months. the economic data today, we have automobile sales. i do not know where you are living. i see across all price points new cars, new cars. a run rate of $60 million is not a terrible economy. jonathan: where you do see a terrible economy is in the labor market. we get claims on thursday morning. tom: another 900,000. jonathan: 12 months ago we talked about 200,000. tom: this is a partition emily wilkins and kevin cirilli are talking ab

trying to test whether boj's tolerance for rising yields is ahead of its march policy review. bank of korea trying to ease some investor concern as well, saying it will step up bond purchases as we see these yields rally to a two-year high. certainly playing through, minimizing the amount of gains we have seen over the month of february for equities. when it comes to the bond market, you can see yields rising. aussie bonds are a by versus treasuries if you want to dip your toe in the alligator infested waters. annmarie: alligators. i'm looking at my wb on the terminal. you mentioned australia. 19.6 change on the basis point. astonishing. you mentioned the rba and the bank of korea. we had corroded talking. did he do any sort of intervention? juliette: not yet. what we are looking for is to try to see what the bank of japan is going to do ahead of that march policy review. that has been one thing we have been watching as the central banks try to play catch-up to what has been happening in the bond market as we continue to see these routes occur. the benchmark yield for japan ho

boj is already largest holder of equities via etf purchases and bonds in the nation. this ends well and i don't even get the plot. charles: so ending well, i got 30 seconds, will the rally, will our rally, could our rally ever be derailed as long as the fed remains accommodative as they are? is that the ultimate sort of support for this stock market rally? >> yeah. i mean certainly exogenous event like we had with the pandemic could do that. we saw, we were pretty easy then. we saw what happened. i think the yield curve starts steepening could give pause or correction in the market. in the correction you buy because the economy is really poised to grow and even if we get no multiple expansion this year we'll probably be up in the high single digits because that's what history tells us. charles: all we have to do root for not another 100 year event to happen again. i hope we're okay there. nancy, fantastic, great insights. really appreciate it, thanks. >> thanks for having me. charles: here is the question for you, do we need grassroots solutions to fix our solutions,

when it comes to japanese bond markets, traders will be walking -- will be watching for the boj bonderation. this as you are seeing the 10 year yield test the 10 basis point line. we will keep a close eye on auto players. nissan suspending operations at two factories in japan. reuters reporting toyota's output may be impacted. toyota shares slightly under pressure this morning. we are seeing that theme also play out for kia motors. being affected by the gas shortage. keeping an eye on -- we are seeing some moves to the upside for the kospi. up half a percent. the korean you want is -- korean yuan on the front foot. bank of america saying they expect outflows to continue this year. over in sydney, we are seeing downside moves for the asx 200. new york crude is tracking lower. losing more than 1% in the asia session. we have gold in focus near an eight month low. base metals have been gaining ground. giving a close eye on the space given that crop -- that copper is trading at eight year highs. 10 markets looking pretty tight -- tin markets looking tight. haidi: eli, looking at the week

jp morgan very much in focus, under concerned the d -- the boj has mixed months. if they can move to contain the pickup we see in the japanese yield. on the board and south korea, we are waiting for lines around the budget. the cost about .6 percent as we digest the latest flash numbers on trade. the first 20 days, export growth coming in 20% year on year. chip exports rising 27% and on that, we are watching lg can with rocio saying a possible battery partnership could be had with lj can on local media reporting it. so far this morning, we see chipmakers boost the cost higher . let's switch out the board -- all markets very much in focus as the national petroleum we kicking off and crude back above 59 barrels and brent above 63. aussie shares, we see some downside moves there. adding more than nine basis points after seeing a pickup inc. grow -- in global bond yields. keeping a close eye on the u.s. as we digest the latest moves -- the pboc holding on the weekend. kathleen: our next guest says we have likely reached some sort of emotional top in the market. joinin

the boj expected to clear its bond buying. check in on what's going on with the dollar-yen, trading around 105. thanks think the dollar and u.s. yields, they might have more upside as democrats are showing willingness to pass stimulus without agreement from republicans so that may see the yen push hire about 105. u.k. futures in singapore with little change. s&p e-minis gaining some ground this morning and wti extending its gains, topping that 55 dollars per barrel mark. his silver futures, we are seeing them edge up slightly, but being below 27 as the rally stalls overnight as traders close out their positions in the silver market. shery. shery: jeff curry at goldman sachs likes the metal but not because of wall street that spared the head of commodities research told bloomberg that strong silver prices are sustainable and says that it traders were not close to cornering the market. >> to corner the market and create a short squeeze, we estimated required each one of these wall street that individuals to accumulate somewhere

a potential trek towards .80 has the boj that it is worth's than the bond buying program.tocks in sydney opening to the upside by one third of 1%. higher by 7/10 of 1%. nikkei futures in chicago, let's see how they are opening up. some downside moves on the potential attention of the state of emergency in japan. this as asian stocks could be looking to extend gains with alibaba earnings on the radar. little changed after u.s. stocks have the best day in 10 weeks. silver very much in focus. silver futures off more than 1% this morning after the pme raised margins by 18% to make it more expensive to traders to hold positions. that may calm the retail frenzy we have seen for silver. haidi: yes, we are seeing some of that calm being restored. silver futures down after the retail frenzy and the announcement they would be raising margins on silver futures contracts by 18%. this is just the latest asset we have seen the reddit traders, day traders putting their attention and resources into. su, we have been talking about how fundamentally different this market is compared to an e

we will hear from the boj governor who is due to appear in parliament.d with some dip. south korean bonds filing to a two-year low. the be ok governor has said the central bank would step in if yields rich -- we will get some clarity on march 4. the kospi adding 4/10 of a percent. the korean yuan is edging slightly higher than the greenback. the antipodes, stocks under pressure in sydney. tech and energy among the laggards on the asx 200. stalling oil prices with new york crude hovering above the 61 level. the kiwi dollar is looking heavy ahead of the rbnz policy decision. cash treasuries this morning. we are seeing them come online steady after a choppy session around jay powell's remarks yesterday, which solve the 530 curve steepening to the widest since 2013. haidi: our next guest says premature tightening remains an investment risk in 2021. he joins us live from hong kong. even after the soothing words of fed chair powell, do you think there is a risk, perhaps not an outside risk but a risk for emerging markets and asian markets there will be some so

boj in a recent report noting the increasing correlation between stocks and wti as well as copper amid resurgence in reflation bats. i want to highlight one stock mover in sydney. it's rallying on the back of a big infrastructure group of $2.6 billion. shares have been taking higher. shery: coming up next, s&p sends -- says asia is not clearly leading the recovering global demand. we discuss that with chief economist sean roche. this is bloomberg. ♪ shery: the popular narrative is that asia is leading the world recovery and digging the world out of a big hole but s&p does -- says it's not quite right. the region's reliance on exports could restrain his recovery and inflame trade tensions when the west. we are joined by chief asia-pacific economist shaun roche. great to have you with us. we see this and the simplest of numbers in trade data when you have great exports with imports not doing that well. explain to us exactly what is going on. shaun: it's a bit of a puzzle. asia has managed the pandemic well. if you look at the number of deaths so far in covid-19, orders of magnitude highe

deja boj y abierto a residentes de los angeles luego de que fuera visto paseando con su esposa en undelado mi querido tony. y alguien que no remodela nunca nada es mi querido jorge viera. jorge: estamos haciendo el estudio por la calle brick el y pronto lo van a ver. a lo que le debo dinero, todavÍa no tengo. carlos: usted tambiÉn nos puede mandar su queja. hÁgalo por guata para que podamos llevar un orden y leer sus comentarios.. frida sofÍa tiene un nuevo vÍdeo musicaly lo hizo con el grupo mexicano ensamble en fresno, california. miren quÉ guapay estÁ despampanante. ella hablÓ a calzÓn quitado. >> mÁs que quien quiere un abrazo o algo asÍ? yo siempre he estado de brazos abiertos nunca me fui a ningÚn lugar por lo que no entiendo por quÉ dicen que regrese. yo la voy a amar siempre. es algo bien difÍcil de explicar y yo creo que se deben de meter. cuando estaban venezuela presentaron algo muy chiquito. las acciones hablan mucho, los hechos son hechos y las palabras se las lleva el viento. yo he vivido en su mismo apartamento. gracias por darme ese hogar que valoro con toda el alma p