let's get the latest with sophie kamaruddin.hey areust an hour, opening later at 9:00 a.m., hong kong time. caution is prevailing, though the session could go either way. u.s. stocks fell by the most in to go months. bonds are tracking the rally. we saw treasuries overnight. yields on treasuries pick up slightly. the dollar looking little changed. oil is continuing to drop, but softening the pace of declines. as you pointed out, the buy the dip sentiment at tempest investment. they are eyeing the entry point at the nikkei 225 between 21000 00 points. we are seeing losses continue for the benchmark today. the seventh session of losses for the nikkei 225. energy, materials leading the drop with kobe steel among the biggest lagers. it was downgraded to neutral. shiseido among the best performers. things to consider in the tokyo session. the yen is holding euro one month high, near uncertainty over u.s. tax reform. the aussie dollar below 76. bonds are climbing before we get october jobs data at the bottom of the hour. the aussie fi

let us get the latest with sophie kamaruddin. sophie: australia one bright spot. out what is happening in seoul as well as tokyo. we are seeing declines at the open. the nikkei 225 snapping a three-day rise, while the kospi is falling for a second session. it is concerning about whether investors are troubled about trump team 120 miles from pyongyang. too say this may not be much of a concern given the good macro backdrop around economic growth as well as earnings. take a look at what is going on in the currency the korean won october highs.at we have other currencies on the back foot given the dollar is keeping steady. a close eye on commodities today. we had the recent search in oil. crude on the retreat. new york crude above the $57 per barrel. brent is above $64, near two -highes. --two-year-eyes. highs. recent commodity gains have helped lift the aussie slightly this week. it is only back foot right now. it is in the 200 day moving average. with australia's yield differential with the u.s. looking to narrow further, that is enthusiasm for the currency. a quic

here is sophie kamaruddin.by investors, even with pyongyang's latest missile test. you it isderauer told looking a little long in the tooth. equities are continuing to our power ahead. stocks are climbing and seoul, sydney. japanese shares climbing even in the face of lower-than-expected october retail sales figures. jpmorgan sees consumption picking up in the fourth quarter. in seoul, health care stocks leading the charge. as. stocks under pressure samsung is on the don't -- is on the downtrend today. financials continuing to climb as the regulatory risk is moderating for the industry. the kospi on a second day of gains. plumb new highs for the year. we are waiting on the bank of korea meeting thursday. taking a look at the yen, it is continuing to be under pressure, along with a tight spot in the asian forex space. the best performer on the nikkei 225 this morning, after raising its full-year net income. yamaha motor shares are the worst performers on the nikkei 225. toray industries has a five day drop. flip

here is sophie kamaruddin. phie: asian traders looking forward to a happy hour after he finished to a tumultuous week. the yen rose to a high. first -- the cost behind for a second session. a fourth day on the rate hike expectations. rising for a second day along with bonds and following the upgrades. chinese stocks in shanghai are faltering. sinking after the news agency weren't about the shares. a chinese bank was ace bright spot in hong kong after new shareholding rules this thursday. gaining ground. onpei, surging to a record benefits from the iphone x. anna: thank you so much. what is going on politically in the united states. house republicans have passed the tax will while the senate approved their own bill in their finance committee. this in his proposal will be sent to the four chamber -- full chamber for a vote that could come as early as the week of thanksgiving. jodi schneider this morning. good to have you on the program. give us the big picture. the significance of the votes to pass tax reform and

that go to hong kong, where sophie kamaruddin is standing by. tivity that invaded markets on friday, that clinched the start of the week. the stocks are looking mixed, but we see a second day of losses in japan. we got bearish action at the last word he five minutes of trading. president parker discusses expectation for policy tightening a few minutes ago. inhave a few bright spots shanghai and hong kong. pet shares in china leading gains. in hong kong, stocks are at a decade-high. in asia, we had country garden earlier inund 11% the session as it prepares to be included in on the hang seng. take a look at some stocks on the board there, to show you some equity movers. there we go. soaring over 40% as it made its trading debut, country garden. reliance communications, a record low in india. anna: boeing has pulled in a supplies offer from emirates of dreamliners. which has a list price of $15.1 billion, is strategic for boeing as rival airbus held up for similar deals. yousef gamal el-din that done with the emirates airlines president. tim: in te

sophie kamaruddin with some of the movers to watch.k here in the u.s., we were talking about tax reform, house republicans passing there a tax bill, adding one point $3 trillion to the deficit over the next decade. speaker ryan spoke after the bill went through. >> i just have to say how proud i am of this conference. tax reform is so hard, but we know there are people who are really struggling in this country. we know we are coming through a decade of real economic anxiety. we know this is a nation that has so much more potential that is not yet tapped. betty: let's bring in news editor jodi schneider from taipei. senate republicans have a much smaller margin of error, a tougher challenge ahead. the celebration might be short-lived. reporter: that's right. you will note that the white house had a fairly muted response, for president trump, especially, to the win in the house. he sent out a tweet congratulating them, but in may when the house passed the obamacare repeal, he had a big rose garden ceremony. even the white house is hedgin

we are joined by bloomberg's sophie kamaruddin with a look at the markets. good morning. : good morning. quite a few things to look out for in the asian session. techy, we are watching shares closely after morgan stanley's downgrade on samsung, and morgan stanley is pushing a wine back on korean equities. taking a look at futures in sydney and tokyo, we are seeing a downside. we are seeing a slight uptick in the dollar, while the yen is looking little changed. gold is flirting with $1300. oil is sinking ahead of the november 30 opec meeting. in hong kong, i'm sophie kamaruddin. next, more "bloomberg technology ." ♪ emily: this is bloomberg technology. i am emily chang peered cyber monday will be the biggest online shopping day in u.s. history. adobe predicts that deal watchers will hit up retailers for more than 6.6 billion dollars in sales after black friday's spending topped $5 billion for the first time. amazon is expected to take a big chunk of those sales. shares of the company crossed $1200 a share earlier in the session. can other retailers compete? joining us from

let's head out to sophie kamaruddin in hong kong. a nation stocks are set for a third day of losses. mess, theith the data hang seng looking little changed. the main concern that triggered the pound -- bond rout. and oil prices have surged since you -- june. stocks fluctuated ahead of tomorrow's [inaudible] to toy five closed the day little changed. i want to highlight what is going on with reliance communications extending losses at record lows. d to have defaulted on its bond. china is said to be reconsidering the resumption of new permits. the -- losing the support of its credit and the resignation of its ceo. u.k.,let's talk about the it is 50-50 whether he gets a breakthrough in the exit by december. that is according to the european is this leaders he briefed at a meeting yesterday. his spokesman said it was categorically untrue that davis had made the comments. the eu withdrawal bill returns to the house of commons later today amid stalled divorce talks and internal political struggles faced by prime minister theresa may. good

rishaad: thanks very much, sophie kamaruddin. new york authorities are opening an investigation into a hack at over the company covered up. we got a line coming through over uber being sued over the data breach, class-action suit. the attack apparently compromising the data of 57 million customers and drivers. it was only this week, more than a year after, that action was taken against the chief security officer, joe sullivan. let's get to reed stevenson. he has that more for us on this from tokyo. what do we know about how this all happened here? reed: this goes back to last year and even before. essentially hackers found a way to go to a coding site where google -- not google -- uber's engineers were working, and use basically steal 50 million names, email addresses, phone numbers of customers as well as driver license information for 7 million drivers. this was discovered because uber had initiated an investigation into the activities of these security staff, including the chief security officer joe sullivan. this came out at

here is sophie kamaruddin. had to lunch, the nikkei 225 falling 1%, growth not helping the mood and disappointing data with gdp lower than forecast. solar yen is trading at 15, traders are able to shrug off a disappointing gdp print so far. themberg intelligence says slowdown could dampen inflationary pressures for the near term, so that might be concerned for the boj. afterssie dollar slumping disappointing wage growth data this morning, but the korean won on the way up and a surprise drop in unemployment for south korea this morning. commodities in focus. the kleins continue for copper, aluminum -- declines continue for copper, aluminum, and rubber. dropping almost 6% in shanghai. joining that of trend following the selloff on tuesday. a stock i want to highlight, this is semiconductor manufacturing, hong kong's hottest stock now hitting a rough patch, plunging after earnings miss testaments, so this stock set for its biggest two-day loss, but remains the best performer on the msci index. today is the final da

let's get the latest with sophie kamaruddin. sophie: a challenging friday for asian investors.rd to show you what is down in tokyo. japanese docs dropping, the nikkei 225 on a second weekly slide. x is falling, it could resume gains after losing 2% last week. jasdaq index for a gain of almost the are .3%. the dollar takes up ever so slightly against g10 peers. mitsubishi materials sliding in 2015, the most since may after they falsify data on parts delivered to 250 customers. the company is to hold a briefing today. buy axalta. to the kospi resuming gains, while the won fell under pressure. taking a last look at what is moving for them kospi when it comes to contributions index points. you have a samsung leading gains. -- gaining almost 5%, after being upgraded. lg household the biggest drag on the kospi, after cut to neutral. cosmetic players under pressure following the jump we saw in that space thursday. one rose as much as 14% thursday. just skin gains were deep. thank you for that market update. let's take a look at the picture in asia pacific. they face important decision

let's check on how markets have been trading, here is sophie kamaruddin. is shaping up to be a happy friday, asian stocks extending the rally. shares in manila and india leading the gains. climbing a second day while the when moody's upgraded the rating. is under pressure even as the senate finance committee removed one hurdle for trump's tax reform plan. the ringgit is the second-best performer in asia this month, up 0.33%. first place goes to the korean won. earlylly may be in the stages. ,aking a look at g #btv 1656 you can see the won's appreciation has been picking up over the past couple months. this has led authorities to discuss the appreciation is far too fast for its liking. rate hike expectations are supporting the ascent. they see an increase at the bok's policy meeting. 7070, the cost to insure default has fallen to the lowest level in three months. we are counting down to the reopen in hong kong and china the top of the hour. this is bloomberg. ♪ this is "bloomberg technology," i am emily chang. venture capital based out of mumbai, india is l

here with more is sophie kamaruddin. sophie: a busy friday already.e dollar 0.7%. the survey is due out later this morning. they are betting on an aussie rebound, just not any time soon. the downward momentum is easing. we had mixed data out of south korea. the korean won, investors considering the latest data dump. than forecast,ss although gdp did strengthen in the third quarter. that rose upward for south korea. the yen little changed under pressure as risk appetite is reemerging. inflation sticking below target for japan. japanese stocks climbing for a third day. you have energy and materials leading gains. the nikkei 225 eyeing 23,000 points. checking on nippon paint, jumping the most in over a year. ended come up but they are still on the lookout for an m&a deal. sharp jumping as much as 8.1% earlier. join the tokyo exchanges on december 7. looking at the crude, the sunrise stocks, recovering from thursday's drop. another rising the most since october 12. kansai electric is slipping. betty: thank you so much. japan's inflation rate may be moving

latest let's look at the with sophie kamaruddin. we had some big data out of china. ie: japanese stocks are fluctuating, the nikkei 225 snapping a four-day drop. topixstate stocks and the are back listed, some diversion -- two on what is going on with the yen. another thing, oil prices slightly under pressure after the iea cut its forecast number. another item of note, we have business conditions rising to a record high. the aussie slightly firmer on the back of that trading at 76.28. stocks remain under pressure. falling for a third day area taking a look at what is moving the dow. spot.he one bright energy stocks are dragging the most falling over 2%. tracking what we are seeing in the oil patch. and it could be dragged lower by shell planning to sell its stake in the aussie oil firm to cut its debt. let's take a quick look on what is going on with equity movers in tokyo. showing you toshiba. rising the most since september on a report it is in settlement talks with western digital. at japanese and mizuhoave smfg has posted second-quarter profit falling lesson than

let's get to the market open with sophie kamaruddin. e been assessing donald trump's trip in asia. seems so far, so good. sophie: markets rolling out the green carpet. bonds are falling. we have data on the reader as well as earnings. chinese inflation numbers due this morning. chinese inflation figures, oil and gold edging higher this morning. i want to see what is going on with the kiwi dollar, swinging after the rbnz showed they held on the rate hike. the yen, that is sticking to a tight range, around 114, near a march low. a japanese stocks towering above the 23,000 level. the nikkei 225 -- we did get machine orders less than expected falling by 8% month-to-month, compared to the 2% drop penciled in. it is getting into negative territory in the fourth quarter. we do have most segments in the green for the nikkei 225 utilities, leading the gains, along with i.t. tech stocks. the board member telling business leaders the high level verypanese stocks are welcome and he does not see them looking overheated. he said there is a need to cha

looking at the asian market this morning, let's see this with sophie kamaruddin.e cost be going up. -- the kospi going up. japan's trade surplus with the u.s., that will be on the agenda during abe's sitdown with trump. auto and machinery dominating exports to the u.s. in a year that has lost 26% against the ring back this year. that has been a boon for japanese exporters, and it is still edging further above the 114 level, down 0.2%. looking at what is moving the dow in tokyo, carmakers looking mixed. is susan is -- isuzu is climbing on a report that it should grow 2%, but mazda is pretty sluggish, particularly to the united states in sales. holding aave sapporo three day rise after it was cut to neutral. o's san miguel where karen money and undergoes a share stock deal. authority group getting 3% -- asahi group getting 3%. a big earnings watch, softbank. the stock is sliding. the domestic rival kddi is among many to defeat. the pressure on softbank after the sprint-t-mobile talks on saturday. and looking at furukawa electric , falling the most in tokyo after rep

let's go to sophie kamaruddin for first word headlines.t trump ordered flags flown at half staff in the u.s. after 26 people were killed in texas. officials in sutherland springs say a man walked into the baptist church and opened fire. police say the suspect fled in a vehicle and was later found dead. has told arump gathering of business leaders in tokyo that japan has an unfair advantage on trade and that he intends to fix that imbalance by making it easier to do business in the united states. the trade deficit with japan is the nation second highest. >> the united states has suffered massive trade deficits with japan for many, many years. almost $70 billion annually, $70 billion. many millions of cars are sold by japan into the united states, whereas virtually no cars go from the united states into japan, and our car industry is doing very well and our product is fantastic. so we will have to negotiate that out. documentsaked reportedly show commerce secretary wilbur ross retaining a stake in a shipping company with ties to a russian bu

we are joined by sophie kamaruddin. record-breaking gains on wall street. reporter: we will see if asian stocks will be able to track the headwinds. .sian investors asian stocks could be set to climate futures higher in sydney as well. now checking on the dollar as the u.s. senate tax bill has one less hurdle to contend with, and the new fed hike -- fed chair spoke. the yen has little change. gold, little change after topping 1300. oil continues to slip. plus, markets are waiting to learn how long opec production .ups -- cuts will remain that is the rap here as we head to the asian session on this wednesday. more of the next with "bloomberg technology." ♪ emily: this is "bloomberg technology." i'm emily chang. one week after topping $8,000, bitcoin is approaching five figures, gaining mainstream market affection -- attention. of the biggest balls on wall street spoke at a new york conference earlier. he urged caution. become thethis will biggest bubble of our lifetimes by a longshot. >> i want to record to show i didn't say that. [laughter] >> mostly becaus

we are joined by bloomberg's sophie kamaruddin with a look at the markets. k. hit 24 it happened here in the states. sophie: it happened. hk takes the that queue and starts on an upbeat tone. from thesee a recovery selloff we saw thursday in asia. plus, a proverbial laundry list of things to watch. over in the currency space, we do have a stronger gdp helping keep the dollar on the up, while has resurgent risk appetite. as just barely higher enthusiasm wanes over opec for 2018.o a deal up next, more bloomberg technology. emily: this is "bloomberg technology." i am emily chang. removing tens of thousands of sermons and lectures by an al qaeda recruiter. facebook says it's ai tools are spotting 99% of islamic state and al qaeda content on their platform, something theresa may mentioned. >> we must also step up our efforts to crack down on terrorist use of the internet. companies have made tremendous progress on this. improved its ability to detect and remove terrorist content. anly: joining us now is advisor to the counter extremism project and my guest host for t

thank you, sophie kamaruddin at the movers, including bitcoin.e getting headlines from the japan had cabinet secretary, hirohito.bout emperor december 1, the date of the emperor's abdication. lots of speculation from local press about when this might happen. at the end of april, 2019, according to some reports. december 1 is when the meeting is planned to discuss the actual date. you are seeing the dollar continuing to fall against the yen strengthening on the japanese currency. we will continue to monitor how these headlines might affect the yen and japan markets. back on the fed, janet yellen gets ready to hand the reins of power to the federal reserve. her message one of caution because the risks of hiking too fast are at least as big as hiking to slow. lookeen hays here with a at that conversation we just saw between janet yellen. i guess because i can see the fed conundrum's so clearly -- they want to move ahead to normalize policy. unemployment is very low. but the big problem more and more, inflation has fallen further below target and sta

here is sophie kamaruddin. powerless at tab less -- tad less perilous.bing in mumbai and seoul. japanese shares have reversed declines. keep in mind the fundamental remains in place. activity shows the strongest growth a since march 2014. jcb yields climb across the curve. as the range bound dollar heads for a weekly drop during the holiday-shortened period. the ringgit headed for the first tumble in six days. although inflation came in lower than forecasted, cpi it is on the rise, which could put a rate hike in place for malaysia. korea is likely to be the first asian bake to raise rates. the won rising. in the commodities space, oil set for the best weekly gain in a month. the u.s. glut is seen subsiding on construction to the keystone pipeline. ♪ tracy: welcome back to the "best of bloomberg markets: middle east." we have learned this week that wealthy saudis are looking ways to reinvest of their assets in case authorities widen their crackdown on corruption. those not implicated in the verge are looking at options, including splitting holdings betwee

yvonne: thank you so much, sophie kamaruddin on the markets. now to a bloomberg exclusive. the first to report that uber covered up a massive hack that compromised the personal people,of 57 million drivers and their customers. the new york attorney general has announced an investigation into uber. eric newcomer broke the story for us. >> after a year of keeping it quiet, uber has said they paid $100,000 to get hackers to delete the private information of more than 57 million people. now uber is saying that they should have made the hack public, that they should have, in particular, disclosed the had that 600,000 drivers their drivers license numbers stolen, a piece of information that could be used to impersonate someone's identity. they kept the matter a secret. as they were facing investigations from the federal , and after aion settlement with the new york attorney general's office, at a time when the company knew they were facing scrutiny for their data handling. discovery, to the which the new ceo learned about when he took over in september or sometime thereafter, he

. >> i am sophie kamaruddin with a trait -- check on the marke ts.gapore and china are leading laggards in the region. samsung related shares dragging the most as it readies to appoint a new cfo today. that is according to the news. the korean won is stronger along with most asian currencies. eyeing a line is and sand that traders have found difficult to cross. the kiwi and aussie dollar leading g10 gains. the aussie dollar fight -- finding support from trade in september. the base metal complexes looking a little more next this thursday, aluminum and copper on the back foot. the yen is gaining ground. the nikkei is claiming a third of a percent. honda is leading the boost in tokyo, the most in 10 months on its earnings. investors remain bullish ahead of a three-day weekend in japan, even as yamaha corp. is one of the worst performers in tokyo. panasonic falling the most in a year due to concerns over production four teslas model three sedan. that is a look at the snapshot into midday in hong kong. this is bloomberg. ♪ weeks of waiting, the public fi

rishaad: thank you very much indeed for that, sophie kamaruddin. claims being made against one of south korea's largest companies. that story and the rest of the first word news, haslinda amin. haslinda: samsung has rejected claims that workers have been abused at two factories in vietnam. a study by a hanoi-based researcher documents a series of alleged health and labor violations. they say some workers, including pregnant women, were required to stand for their entire shift. the report claims to have interviewed 45 female staff at the two factories. the u.k. is said to have tried to accelerate exit negotiations by suggesting -- brexit negotiations by suggesting ireland could hold fire on its veto, avoiding a hard border with northern ireland, which is a key issue requiring progress before that you will move to the future relationship -- the e.u. will move to a future relationship. warned it iseing on course for the longest fall in living standards since records began 60 years ago. analyzing the budget, britain's fiscal watchdog says the economy w

here is sophie kamaruddin in hong kong. >> a drop in chinese stocks towards the close.wn for the week after thursday's tumble. the regional benchmark is set for a seventh weekly rise. the head of the chinese -- lator gary stocks, not much for them, falling. in tokyo, mitsubishi materials slipped the most since june 2016 after two units faulted by data. anna: thank you, sophie. let's talk about the chinese stories. china says it will make further cuts to import taxes on a wide range of consumer goods in a bid to boost consumption. the average tariffs for 187 products ranging from diapers to cheese will drop from 17.3%. manus: let's get to beijing. behind this cut in the import tariffs, we are splitting hairs between products, but what products face a lower tax? how wide is this from beijing? reporter: as you said, over 180 products, everything from coffee machines to equipment. you highlighted vermouth. that has the biggest cut, the martini and gradient, 214 percent. -- the martini ingredients, to 14%. , some products will that is highariff to 0%. worlds biggesthe market

on the agenda appeared let's get to sophie kamaruddin has the markets are just opening up. t is still a wonderful world for equities. key pillars in place, growth, earnings, and liquidity. you have gains across the board. the nikkei adding .5 percent, the kospi building on record highs. the dollar holding on gains and bonds climbing with powell looking to be in play and a december rate hike lightly. the dollar-yen above 114 level, looking steady. not getting that turbo boost from the fomc decision. higheralyst for a break could be governor kuroda securing the next term as boj governor. take a look at the aussie dollar looking steady at head of september trade data. the surplus is expected to widen. aussie stocks led higher by energy and materials. minors across the region tracking the rise in base metals. copper at a three-year high and nickel at a 2015 hi. il might be on the retreat, but brent is gaining. oil prices set for a fourth weekly gain. materials rising in tokyo and seoul, korea. japanese auto stocks in en the rise in sales. we are seeing those stocks gain ground.

sophie kamaruddin there.ton later on after a marathon 12 day tour of asia in china mobile, and -- china,pines vietnam, and the philippines. what has the dynamic been like if we put it in the context of that barbed relationship between rodrigo duterte and barack obama? reporter: it has been a roller coaster relationship between the philippines and the united states since rodrigo duterte became president. last year at the summit, he lambasted obama with harsh words and profanity when mr. obama criticized him for the human rights record and the extrajudicial crackdown on drug evokes that has of course the condemnation from the world, duterte dida -- but not take kindly to that. year had in the past to strengthening ties despite the competing claims to the south china sea. they seem to have put that on the back burner while they warmed up. here in manila, donald trump is a different kind of president, and they seem to share a bond over not liking mr. obama. that was even said by the president's spokesperson, the

we are counting down to the market open in tokyo and seoul, korea with sophie kamaruddin.n australia and new zealand at the moment. what are you keeping an eye on? fluie: we had that fang that could catch on in asia. tencent has been on the back foot. as you can see from this chart 4512, tencent in blue has then outperforming the fangs stocks in the bottom part of the panel right here. we have to keep things in context when it comes to the tech space in asia versus the united states. bitcoins wild ride is continuing , now below $10,000. when it comes to the eco-agenda, asian factories in focus, chinese pmi data, factory output from japan and south korea. did have aories sluggish october with production falling 5.9%. pulling up the futures board, some jitters before the open in seoul, korea and tokyo. forill be of this he gave korean investors, especially with the central bank expected to kick off a tightening cycle at this morning's policy meeting. we have anxiety around north korea. goldman sachss, is warning pain is coming for investors. pain being felt in on see bank st

time to look at the markets with sophie kamaruddin.ound taking a hit early in the session. g10 space,k at the the pound leading losses against the dollar. theresa may perhaps facing a leadership challenge in the coming days. that could bring uncertainty for the currency's outlook, and we have inflation data on tap along with a string of boe speeches on schedule. mitsubishi says it is difficult to short the pound. political troubles are in place for the aussie dollar. the government is losing its 0.1%.ty, down a look from the rba governor, it is enough to wake up the bulls. the go -- the dollar is gaining ground against the g10 currencies after a weekly loss. asian stocks on the back foot. volatility picking up. look at korea. we have korean stocks swinging to losses for a third day lower. eol. moving so far in swou samsung is among the losses. it is fighting after third-quarter earnings were amiss. this one plans to list on the talk to -- the tokyo stock exchange. it is registering recovering sales in china and the new sales overseas m

let's get to the market open with sophie kamaruddin. euro, and these coalition talks have failed in berlin. here is the lowdown. you want to keep an eye on the lows,often session slipping, following the collapse of germany's coalition talks. foro have the outlook german ppi data and mario draghi's hearing at the european parliament which could be impetus for you euro traders this week. going back to the japanese session, the nikkei two to five down 6/10 of a percent, set to snap a two day rise, keep in mind that last week was the first weekly loss for japanese stocks in 10 weeks. said yousmith also want to get on this trade and said he can't get too hung up on one month of data p or do we did see japanese exports and imports rise less than forecast for october. it has been a rocky stretch for japanese stocks, but taking a look at some of the forecast we have goldman sachs for example penciling in 22,000 in three months, 23,000 in six months, and 25,000 in 12 months. decline followed by a pickup for japanese stocks and keep an eye on the