Beijings anger appeared Cotton Australia says chinese mills are being told to halt imports. The last day of campaigning for saturdays election indicating the Prime Minister will be a comfortable winner. Futurese are seeing you coming online at a 10th of 1 higher. Does after we saw u. S. Stocks session. N the regular had surging virus cases in new york. Not to mention the stimulus talks in the u. S. Remains stalled. The s p 500 fell 2 10 of 1 . Financials and real estate higher. The afternoon session solve sawical shares session cyclical gains. Jobless claims unexpectedly rising last week. We also had the dollar gaining ground the most in three weeks. Take a look at what oil is doing. It remains under pressure. It is around the 40 a barrel level. We saw the continued pressure following the jobless claims data. We saw a rebound in prices and a than york session after we had data that fuel inventories were lower and that eased some of the demand concerns. Lets see how asia is shaping up.
Damage. China near a takeover of the airline hna, saying it wants to stem the economic fallout from the coronavirus. Cruise passengers return. The first batch of hong kong residents from the diamond princess are due back in the city today, but there is lingering confusion about their arrival. U. S. Attorney general william barr tries to invoke an old law that protected tech companies. Ike google and Facebook Paul nothing has been happening released since you have been gone. Lets check in on futures in asia today. New zealand already trading at the moment. X higher by a quarter of 1 . 1 in by 1 5 of australia. 771 millioned profits. Pretty flat. Qantas seeing an impact from coronavirus. Few catalysts to watch out for. Aussie jobs expected to rise a little and china expected to cut its loan prime rate. We have machine tool orders out of japan as well. Emily i want to look at where u. S. Markets closed today. Lets get to bloombergs taylor riggs in san francisco. Taylor risk on across the
Consumer sales in japan showing slight improvement. Shinzo abe considering postponing the sales tax rise. 0 growth, this is a beat. This is a beat when you are flat numbers on month. Ago, we saw an optimistic message on abenomics. G7, he was grim when it came to the Global Economy, and these retail sales not looking good. We are still in negative territory for on year figures. Flat, month figures economist expecting a 6 10 of 1 drop. Now slightly back on the downside. More evidence about possibly another stimulus, a postponement in the sales tax hike. Haidi is that the only option remaining . Whats going to happen . More people joining in this conversation, and aide saying japan needs to hold off to sustain its recovery. We have no other options, he said. This is after we heard that warning coming out of the Prime Minister. This is signaling that he is going to be possibly pose putting this tax hike. I hate decline in revenue that would threaten the goal of abenomics. Since then, we ha
AirAsia Aviation reported its highest-ever quarterly financial results, on the back of sharp rise in revenues, and despite operational costs increasing.
AirAsia Aviation reported its highest-ever quarterly financial results, on the back of sharp rise in revenues, and despite operational costs increasing.