Next up is nato, an organization he attacked during the campaign. We have world coverage here on daybreak asia, we keep an eye on vienna. Betty opec is meeting there. Continuing fallout from the Trump Administration budget and what the cbo calculated on a health care bill. This is daybreak asia, live from our new york and asia headquarters. I am new york i am in new york, it is just after 7 00 p. M. Yvonne i am yvonne man. It threw us off guard. Everyone raising rates. Perhaps that means a june. By another word, prudent. Caution from the fed about when we could come out of this. Betty you have to look at the data and not blame the fed for giving mixed signals. Data itself is showing mixed signals in a consumer confidence, consumer spending, diverging. You have a job market so hot in the u. S. , but then inflation is so not hot. What is going on . You cannot blame the fed for putting their feet in both areas right now. In any case, Market Investors really parse those minutes. The focus
Big automaker to be accused of cheating emissions. A soft launch in response. This is daybreak asia, live from bloombergs u. S. And asian headquarters. I am Ramy Inocencio in new york where it is just after 7 00 p. M. Lets go to the development in the nl. In vienna. G7. Ty to come on the look at what is happening with the u. S. Markets and how it could affect the asiapacific. Markets were up across the board. In the s p 500 and nasdaq hitting fresh records, in part of what happened in the retail sector. We will talk more about oil because that was on the downside and by far the biggest loser, down 5 . Our opechat is delivery, but not quite there. Crude struggling this morning. Even though we saw fresh records on wall street. Lets see how things play out in the asiapacific region could be seeing hesitation. Mobile equities on track for a sixth straight weekly gain. We might end the week on a cautious note. Seems the case for australia. 7019. Close to a 5 drop for the dollar. The 49 a ba
President en and the may be on different paths next year. We have world coverage here on daybreak asia. We will be live in San Francisco later on to talk about the latest person to leave uber. Betty we are counting down to james comeys testimony, the former fbi director. We will have an update shortly. This is daybreak asia, live from bloombergs u. S. And asia headquarters. I am betty liu here in new york where it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. Super thursdarsday is here. Not sure how i will keep up between the ecb conference, james comey testimony, and the u. K. Election. What you watching out for the most . Betty it has got to be comey. Saying yesterday, must see tv. I think the entire country will be glued one of the most anticipated hearings in decades on capitol hill. The markets did rebounded today. Not a lot, but we did see banking shares helping lead the index is higher. That writtene testimony from james comey, n
Create a reality check. Betty this is daybreak asia, live from bloombergs u. S. And asian headquarters. I am betty liu in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. The repeal of obamacare effectively dead in congress. What does this mean for President Trumps agenda is the big question. An unsettling move where the dollar is going. Betty it prompted the president to come out and talk about how many bills have been passed so to offset tenure these growing doubts. Get bigether he can measures passed through congress. That is causing uncertainty in the markets. We did close at a record, but it hardly feels that way after the initial losses this morning. Yvonne if you cant get health care, how much harder will it be to get tax reform and infrastructure . A lot of this week will be about Central Banks, and the boj starting that today meeting. The ecb with that decision, the 800 pound gorilla, on thursday. Hitting the dollar h
Bring the money home. Anchor this is daybreak asia, coming to you from u. S. And asian headquarters. I am betty liu, where it is just after 7 00 p. M. Yvonne i am yvonne man. Breaking news out of south korea. A beat on all fronts for the month of july. The core cpi coming in at 1. 8 year on year. The headline figure above the 2 target for the bok. The0 basis points from previous month. The month on month numbers, kicking up a little bit after we saw moderation in the second half. We will see if the bok will react to any of this. It might be staying on hold for some time. Betty indeed. We will be watching for any movement here on the inflation as we mentioned. Askingf central bankers about inflation these days. In the market,e a lot of the questions are really around washington. When does the turmoil stop . When does the turnover stop . That weighs on markets. Up 50ped along and ended points. The nasdaq also lower. We are waiting for some big tech earnings including out from apple. Noth