On the last few days. The ftse just starting up a little bit. Well take a look at what this means for prices at the pump. And following the vice like grip of the handshake between president s trump and macron, were getting to grips with the perfect greeting and asking how important is the handshake . Hello and welcome to Business Live. Yesterday it was nato, today its the g7. A different place, sicily this time, a different combination of world leaders, a different agenda. Lets take a look at why its important. These seven countries account for getting on for half of the worlds wealth about 46 . But many of them are struggling with comparatively stagnant economies. The International Monetary fund is forecasting the worlds economy will grow by 3. 5 this year, butjust1. 9 in the g7. Also high on the list of worries the rise of Trade Protectionism after President Trump came to power promising to put america first. The other g7 members will be pushing him to soften this position. Then ther
Years auction, raising money for homeless in san francisco. This is Bloomberg Markets asia. We are live from bloombergs u. S. And asian headquarters. It is just after 7 00 a. M. In hong kong. Some breaking news crossing the bloomberg. South korea current account balance coming in, shrinking for dollars, a9 billion dramatic drawdown from may, close to 6 billion, also revised down to 5. 7 billion. That surplus is widening as well , close to 11. 9 billion. There are signs the south korean economy is doing well. Exports rising coming inflation picking up, so we will see how korea reacts in about one hour. Those meantime, devastating attacks in london over the weekend, days away from the u. K. Election, so we will see how this will impact the outcome. Will terror dominate what happens on thursday. Bull in thed to be a market knowing so much uncertainty lies ahead. Check out equities futures, how they are trading right now, this is the market close on friday. The futures right now are , adin
They will pay most of the cost of the costs. A 5 billion hit. We have the world covered here on daybreak asia. We will be live in new delhi with reaction on Prime Minister modis meeting in washington. Betty we are watching the latest on the travel ban ruling as well as the latest on the Health Care Bill. With the new version, and what the new version says. , am betty liu in new york where it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. We are going to be staying on top of takata and is bankruptcy. We will here about the stock. Howt of questions here on bondholders, the carmakers, are going to be repaid through this entire process and where does takata go from here . Of questions to ask after that 1. 6 billion sale of takata core assets. We have the ceo in just a couple minutes time. Betty that exclusive interview. Cannot wait to discuss all of those issues, yvonne, that you just outlined. More ahead on daybreak asia including a closer look at the meeting be
He warns Republican Leaders he will not support their health care bill. 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. Yvonne i am yvonne man in hong kong. That nailbiting vote just past. We can Start Talking about what is next for health care. The reason we are seeing records again. Ramy especially for the s p 500 as well as the nasdaq, hitting records. The dow hit intraday records. Into the want to go bloomberg terminal and show you what is happening in terms of earnings. This is the spx function. 143 of 500 securities have reported. It will be interesting to see if we can continue that trend. We will talk about that in a little bit. Yvonne the equity market story is one to watch. The bond market, we saw big moves as well. Take a look at that. It was ahead of the fed. With german bund yields, up six 0. 57. Points to we also saw yields on the u. S. Treasurys up aces eight basis points. This w
Daybreak asia. It is just after 7 00 in your. We were just discussing, it looks like the markets in asia are taking up on the rally we have seen here in the u. S. On the back of real estate stocks and retailers. The reflation trade seems to be back in the spotlight. You have consumers feeling pretty good despite all the turmoil we have been hearing about washington. Yvonne absolutely. About the most talking how you can keep it off the table. Take a look at the odds, we still at 34 were a rate hike. December ifago from you compare it, it was 100 . This market is not ready for a move. Betty far from a given right now. But lets see how the market open is playing right now. Sophie we are seeing Risk Appetite come back somewhat. With the yen weakness poker it thats filtering through. Take a look at the nikkei 225, it is higher. 01 there. An eye on stocks like toshiba over the cost of the day. Over on the kospi, that is extending gains for the third day. On tuesday, the kospi did raise the h