Trade figures for june came may be table i think. Stableizing. Unlike the temperature expected to reach 40 degrees celsius, i cannot they the trade numbers are heating up in china, but we have stabilized. Exports rose for the First Time Since june. Exporters to think some tax breaks through the Second Quarter getting some tax rates to this can quarter to help things along. The economy is at acted to have grown at. 8 are sent x. 8 are sent. Gdp numbers are out midweek. Imports also improved significantly last month. That might be a more important gauge. It indicates domestic demand. The government authorities tried tos demand late growth. Amy lake growth. To stimulate growth. It is much better than the 17. 5 plunge we saw in may. The Consensus Forecast was for 56 when 7 billion. Do these numbers give us an indication of better possible rate action . Thats an interesting question. They are in an easing bias. Based built tame inflation. They will tame inflation. These numbers are probably
If you check out crude oil, which is probably the biggest market story weve been watching for a week or so crude Oil Yesterday was up slightly to 42. 74. This morning up to 42. 84 youre still talking about wti below 43 a barrel. Americas 34 largest banks did well in the stress test. The results show even during a large recession large banks would be well capitalized and could support homes and businesses when times are tough. The second part of the stress test will be released next wednesday. There are talks about whether things might have loosened up a bit with the fed. Doug parker says he is not happy with Qatar Airlines plan to buy a 10 stake in the company. Parker telling phil lebeau he found out about it yesterday parker telling cnbcs phil lebeau he found yesterdays offer confusing, adding why an airline were aggressively fighting would want to take a stake makes no sense he wonders if the motivations were misguided and ill conceived. They have been fighting over policy in washing
What a pleasure it is to be back here in melbourne. Today provides to share views on the Trump Administration in the United States, and its engagement with the end of pacific region, or as the organizers have coined my speech, trump and asia. It is one of the most important Foreign Policy considerations for some time as the United States matters to australia, to our region and to the world. Since the end of the second world war, including the war in the pacific, the United States has been the instigator, promoter and the guarantor of what we call the world order. This order has underpinned International Law and has defined the way states should behave in general and towards each other. This has embraced globalization, economic integration, human rights and free and open societies. It has not always been universally applied or in force. Nonetheless, the United States has been the Reference Point as the most powerful economy, with the greatest military capability and the only nation with
What a pleasure it is to be back here in melbourne. Today provides to share views on the Trump Administration in the United States, and its engagement with the end of pacific region, or as the organizers have coined my speech, trump and asia. It is one of the most important Foreign Policy considerations for some time as the United States matters to australia, to our region and to the world. Since the end of the second world war, including the war in the pacific, the United States has been the instigator, promoter and the guarantor of what we call the world order. This order has underpinned International Law and has defined the way states should behave in general and towards each other. This has embraced globalization, economic integration, human rights and free and open societies. It has not always been universally applied or in force. Nonetheless, the United States has been the Reference Point as the most powerful economy, with the greatest military capability and the only nation with
Time, i thinkant the president has been quite clear. With commanders on the ground to make more decisions and to conduct battlefield operations raised on the conditions on the thatd with the battle plan secretary of state mattis will be approving. That will change the dynamic on the ground considerably. These are some of the tactics that are being deployed with the campaign to defeat isis and in syria and iraq. We are taking a lot of lessons from our second from our second that from our success. This will take some time where our military to go through so you training. The fighting will still be done by the afghani forces. That we can turn the tide on what has been a losing battle over the last year and a half or so. Situation weze the will start to see some battlefield victories on the part of the afghan forces. Been fighting. Certainly on the diplomatic front we are going to adopt conditions based on diplomacy. We are going to condition our efforts made by the Afghan Government. Refo