Of a total breakdown. And technical glitches marred the launch of disneys new streaming service. To breakingirst, news from south korea. The jobless rate coming in at 3. 5 . This is in line with estimates but slightly higher than the previous month. Add 419 thousand jobs in october, more than they did in september, which was already quite a strong job scheme number. Pe number. That is helping to offset some losses,anufacturing job not to mention declines in retail employment. In south korea they have been really supported by fiscal policy. In budget is helping growth the public sector. Right now, the jobless rate coming in at 3. 5 for the month of october. Lets see how we are doing in the markets in asia. Overnight,d messages hearing from President Trump in new york, threatening the possibility of more tariffs if phase one trade deal doesnt get done. Hasydney, as that market just come online, new zealand,. Rading is underway with Fourth Quarter Inflation Expectations, it plummeted off
Talks as the edge towards a deal. Pboc warns of challenges ahead and warns of a slowing economy. Arabiasouth saudi lowers its target for saudi aramco ipo, but it is still expected to be one of the biggest in history. Australian markets have kicked off trading. Lets turn to sophie for what to watch. Sophie aussie shares are slightly higher by about. 1 after a twoday gain. 50 points shy of a record high we saw back in july. Altogether we are setting up for a mix to start potentially an agent given that hong kong remains a point of concern as the city faces yet another week of potential disruption. Nikkei futures in chicago swing to the downside this morning. Iecking on currency moves, want to highlight the pound is gaining ground early. This, after conservatives pledged to back Boris Johnsons brexit deal if the election goes through, if he is elected. The highest level since november 3. Aussie benchmark bonds holding study, continuing to climb after the best week for aussie 10 year bonds
Wilbur ross tells bloomberg the china agreement is near periods tries President Trump wants this signing to take place in the u. S. The worlds Top Oil Company presses go on its longawaited share shale. They brought five brush off concern and says the price is right. Shery all change at the golden arches are the ceo is fired after breaking the policy. Markets have opened for trade lets. Lets get you straight to the Market Action. Sophie shares opening higher by 2 10 of 1 . This happened with the drop we saw for the benchmark. Keeping a close eye on westpac after a disappointing set of earnings. Ozzie yields tracking fridays drop in treasuries, rising six basis points amid trade optimism and a stronger jobs report. The aussie dollar is firmer. Offshorein on the yuan, trading below 704, building on fridays gains amid signs of stabilization. Asian stocks broadly looks to rises monday. Japan is offline for the weekend. Semiconductor players will be on watch on a report that the u. S. Govern
It is seen as a trade war olive branch. American farmers remain under pressure. Bid from thees a hong Kong Exchange. Lawmakers are concerned about potential National Security questions. Shery lets get you started with a quick check on how markets closed. We saw the s p 500 gain ground and close above that 3000 level for the first time in six weeks. We had Health Care Stocks and tech leading the gains. Interesting, the nasdaq finishing at the highest level since july, rising for the first time in four sessions. Into valuee rotation stocks. They subside a little bit. The u. S. Futures unchanged, but lets see how we are setting up for asia. Sophie south korea closed until monday. We are seeing futures knowledge higher nudge higher. The nzx 50 treading water. Euro, it isthe little changed after briefly theing below that ahead of ecb meeting which bank of America Merrill lynch is calling the most unpredictable of the past five years. In asia, switching the board, the highlight will be malay
The Commodity Index hit. Abouth the moment, off by 0. 6 . Look at that. Eld, a negative trend by over 1 . We have been down further than that, but that is quite shocking. David to anyone who tells you dont buy the 50, look where it is right now. Get the first word news. Paul allen is here for that. He has an update. Hurricane dorian has made landfall in the bahamas as the strongest storm ever recorded there. Torrential rain and winds gusting up to 300 kilometers per hour. A likely storm surge of more than seven meters. Dorian is expected to batter the u. S. East. Ordered alina has mandatory evacuation of its entire coastline. Argentina has impose capital controls to halt a slump in fx reserves that pushed the country to the edge of default. A limit of five days for exporters, while institutions will need official localization to buy dollars. The italian Prime Minister says he intends to present a new government by wednesday at the latest amid growing tensions within the latest fragile