Shery welcome to daybreak asia. We are counting down to asias major market opens. Haidi asian markets are set for a cautious open ahead of the fed, with bets piling up on higher for longer rates. Treasury yields are getting some of their highest levels since 2007. Oil prices giving u. S. Housing makers a headache before wednesdays fed meeting adding to inflationary pressures while curbing growth. Indonesia pushing it critical deal with the u. S. As the green transition accelerates. We hear exclusively from their president. Shery the newest futures muted as we saw stocks and bonds falling in new york. The s p 500 down to a three week low. It is the eve of the fed Rate Decision and the bets are that centralbank policy makers will deliver. A hawkish hold. Of course we have Higher Oil Prices and you can cwt i at the moment above 91 a barrel. Brent just touched 95 a barrel at one point. Every time we have had Surging Energy costs we have seen the u. S. Tip into a recession in the mid1970s,
Victoria has recorded 10 new locally acquired cases of coronavirus, including two cases that tested positive in NSW. The 10 cases doubles the 5 new locally acquired cases reported on Friday, the first day of 2021. It comes as a man and a woman from NSW allegedly fled from officers at Melbourne Airport after arriving on a flight from Canberra at around 11am on Friday. The 26-year-old man and 24-year-old woman normally reside in NSW. After being spoken to by officers at the airport they were informed they d have to quarantine for 14 days, at which point they allegedly ran from the officer, and were picked up by a vehicle that took them away from the airport.