Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Wall Street gets Fed reality check
Wall Street gets Fed reality check - 01:51
Reuters Today: Spanish yields seen rising at auction
Reuters Today: Spanish yields seen rising at auction - 06:21
Surprise services boost points to UK recovery
Surprise services boost points to UK recovery - 02:54
Breakingviews: Do as I say, not as I do – German wages
Breakingviews: Do as I say, not as I do – German wages - 05:04
Market Pulse: Spain under fire as investors shun bond sale
Market Pulse: Spain under fire as investors shun bond sale - 03:28
Myanmar's Kyat begins managed float
Myanmar's Kyat begins managed float - 01:59
ASEAN: territorial code of conduct draft by year-end
ASEAN: territorial code of conduct draft by year-end - 01:48
U.S. Morning Call: Stock futures down, JPMorgan to be fined
U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08
EMEA Day Ahead:: Thursday
EMEA Day Ahead:: Thursday - 03:13
3XSQ: Customer funds in question; royal return
3XSQ: Customer funds in question; royal return - 05:44
Still cashing in? Hirst retrospective
Still cashing in? Hirst retrospective - 02:32
World's biggest car delivery center
World's biggest car delivery center - 02:41
FACTBOX: Titanic the movie sails again
FACTBOX: Titanic the movie sails again - 02:20
Trading at Noon: Wall St. down on lost hope for stimulus
Trading at Noon: Wall St. down on lost hope for stimulus - 02:48
Draghi holds rates, offers caution
Draghi holds rates, offers caution - 01:50
Breakingviews: Gun bubble redux
Breakingviews: Gun bubble redux - 02:51
Yahoo cuts 2,000 jobs
Yahoo cuts 2,000 jobs - 01:15
Easter egg panic in eastern Europe
Easter egg panic in eastern Europe - 01:28
Wealth Strategies: Equity rally has 3 years left in cycle
Wealth Strategies: Equity rally has 3 years left in cycle - 06:05
Congressional insider trading ban
Congressional insider trading ban - 01:17
Gas prices no detour for car buyers
Gas prices no detour for car buyers - 02:13
Demand for fuel-efficient cars will outlast spike in gas prices
Demand for fuel-efficient cars will outlast spike in gas prices - 02:36
Most engines of growth are in emerging markets : Nissan CEO
Most engines of growth are in emerging markets : Nissan CEO - 05:39
U.S. Day Ahead: GAP set to shine with same store sales
U.S. Day Ahead: GAP set to shine with same store sales - 01:59

Asian markets: Brexit not the only worry

Thursday, June 30, 2016 - 01:44

Mixed messages from Asia - and a reminder of less recent risks - as a survey shows China's economy rebounding in the second quarter, but Japan factory orders at a three-year low. David Pollard reports.

▲ Hide Transcript

▶ View Transcript

Asian share markets ended up on Thursday as they became a little more sanguine about the new risks they face. That doesn't mean the old ones have gone away. Japanese industrial output sliding at its fastest in three years. Down 2.3 per cent in May on weaker exports and a slow recovery in consumer spending. Next up in the data diary will be the Bank of Japan's key Tankan survey. Likely to show consumer confidence at a three-year low, it may also shift an unwelcome spotlight on the QE and negative rates policy of the BoJ itself. Amid signs of policymaker dissent over whether its two percent inflation target is realistic. (SOUNDBITE) (English) FXPRO, HEAD OF RESEARCH, SIMON SMITH, SAYING: "Back in early 2014 they literally threw the whole kitchen sink at the issue. Yes, there was some impact but we're now at a stage where the yen is rising and the policy measures they have undertaken have not really had any meaningful impact." China - another worry eclipsed by Brexit - has some positive data. The Beige Book survey showing its economy rebounding in Q2. That coming though, even as it warned the pick-up might be short-lived. (SOUNDBITE) (English) FXPRO, HEAD OF RESEARCH, SIMON SMITH, SAYING: "Naturally, the attention has been diverted by other matters ... But nevertheless, I still think that China is walking quite a difficult tightrope as it looks to rebalance its economy" China's central bank is reportedly willing to let its currency fall to 6.8 per dollar this year to support the economy. That would be a fall equivalent to last year's record four and a half per cent decline. A move that would heighten tensions with trading partners keen to avoid an all-out so-called 'currency war'.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Asian markets: Brexit not the only worry

Thursday, June 30, 2016 - 01:44