Hong kong recoils from one of its most violent weekends yet. Vandals attacked across the city. More pressure on president donald trump, he may be faced by a second whistleblower as impeachment drama moves on. Kathleen lets get onto the asian markets. A bit of an update on the u. S. On friday after the jobs report was good enough to make investors by more stocks. How does asia look this morning . Thana after that better expected u. S. Data ahead of the weekend, it looks like the focus for investors is squarely back on trade with the latest headlines saying the china side is looking to narrow the scope of discussion, not providing any positivity ahead of the talks. It is looking like asia trade will get started to a muted and mixed open. China and hong kong markets are closed in australia is on holiday, which is why we might see some trading. Last week, the nikkei fell 1. 5 . Osby futures fell last week. To the trade headlines, markets are digesting the hong kong protests dragging on as
Previous leader. That is certainly something we are going to watch out for here today when it comes to how that plays out in malaysia. Overall risk sentiment is cautious. David it doesnt help that markets here in hong kong and china, you have liquidity issues look exacerbating these issues. Here are your equity markets that are open. On the lighter side of things. Down about. 25 . Kospi up. 25 . Putting anything else together, we are on a threeweek streak of declines for asian equities. S p futures as you can see,. 5 down, pretty much where it has been holding all morning. Have a look at some other things we are tracking here as well. We talked about dollaryen today, which we will get to in a moment. Southeast asia is looking like this. The latest market to open is indonesia. A big day friday for philippines, reversing some of that now. Malaysia also little higher. Southeast asia as well, mx is your ticker for this benchmark. Also on three weeks of decline. As promised, look at dollary
There was much confusion this week about u. S. Policy toward kurdish allies in syria and to nato member turkey. President trump seemed to make a major policy shift by saying the u. S. Would authorize Turkish Military action over the border but later appeared to backpedal. We have more with two guests. Last year, there was the issue of the pastor held by the turks. The turkish economy went into a tailspin on the back of american pressure. This is a serious threat. The key to me is what is offlimits . In the previous statement from the white house, it seemed pretty clear that the u. S. Was saying we are not going to stand in the way of the turkish government doing what they want to do in northern syria. And now, he is saying yes, but if they do anything offlimits i have a difficult time interpreting what that may be. It seems that in the u. S. , trumps own allies in Congress Went up and said, hang on, these allies are key in the fight against the Islamic State, and the Islamic State is n
Learned that its renue returned growth, reassuring those shareholders concerned that theslowdown in sales of its flagship iphone was going to hurt other thi cs. Thpany also reported better than expected profits and issued solid guidance. A there wa noticeable improvement in its operations in china and it posted record revenue for itservices business. Apples results, of course, are widely followed given its status one of the worlds Biggest Companies and its shares are held in most mutual funds and retirements. Accou tonight the stock rose in initial after hours trading. Josh lipton starts us off tonight from apples headquarters in cupertino, california. Reporter app today sel a range of products and services from the watch to music streaming but its bread and butter remains the iphone. Iphone revenue in the quarter came in at 26 billion, that was roughly in line with what wall street was looking for. That was down 12 , but it is an improvement from their prior quarter. Remember in q2 ip
Americas birthplace for fourth of july events. This is where the u. S. Declaration of independence and u. S. Constitution were debated and signed. It is expected to be crowded here later on. At 10 00 this morning there will be a celebration of freedom ceremony which will be followed by an independent state parade. More than 6,000 participants will march through philadelphias most historic neighborhood. Now heres a live look over center city where more than half a Million People will be partying on the ben franklin parkway for the fourth. Jesse gary is live on the parkway this morning with a preview of the block party, free concert, and fireworks. Its going to be busy there today, jesse. Reporter it already is busy and look how things have changed. Look what im not wearing. Sleeves are up. Look whats out right there. I dont want to jinx anything so im not going to say anything more than that. Things have definitely changed. Ill move out of the way and you can see how busy it is behind m