The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
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
And china repair strains. Issues such as huawei and cashmere were not discussed. Lets see how we are setting up in asia. Sydni shares gaining up a quarter of a percent. 10 year yields up six basis points this morning. Onare keeping a close eye banks in sydney as they face an inquiry after failing to fully pass on rates. Cuts. Ave passed 57 basis shares down. 7 . Qe stocks are up 1. 3 . U. S. Dollar,n the recovering after the biggest twoday decline in four months and gaining against sterling. 2 10 of aund up by percent. Haidi lets get first word news. We start with the latest on brexit. Boris johnson has told his cabinet he still thinks a brexit deal is achievable. The eu says his latest plan is not good enough to be the basis for agreement. Negotiations continue on monday with brussels warning that time is running out. All sides must be prepared for the u. K. Took crash out of the block. Leaders, including johnson, will meet thursday. Typhoonying out after a left death and destruction.
Into the second session of the legislative council, which means at the end of that period, the bill, for all intents and purposes, will not be revived. But she never said it was dead. Shes been under pressure to actually withdraw the bill completely, to take it out of the process altogether, and shes refused to do that. I mayhes saying is, if put my interpretation on it, shes saying for all intents and purposes, the bill is dead. I will not revive it. Shes using that wording to say the bill is dead. That is why we are saying, is the bill dead . Well, yes it is, for all intents and purposes, but not withdrawn. I would find it very unlikely that any of the protesters find this to be a satisfactory way of dealing with it. They still want to see it withdrawn and she refuses to do that. I suspect it is a matter of face. , thee even last week protesters rejected meetings with her. David tweed, thank you for that update. David tweed joining us in hong kong. I mentioned how things are looking
First time since jay y. Lees arrest. Questions about the corporate structure. We have coverage in sydney with of the latest on the li keqiang trade mission. We will discuss malaysias crackdown on currency fixing. And from tokyo, an update on toshibas ongoing battle. And from new york, all the market action. And the word from a host of the fed the speakers. And on the day of the samsung agm, we will lifted the lid on the unique culture of the electronics a giant. This is daybreak asia coming live from bloomberg, u. S. And asian headquarters. I am betty liu in new york, it is just after 7 00 p. M. After 7 00s just a. M. In hong kong. I am shery ahn. It is not over. So much coming out, janet yellen and others. It was a factor. Not to mention, the chinese premiers visit in australia. Betty that is right. More clarity on what he meant by taking trade to the next level. What are we talking about . Clarity is really what we need when it comes to that meeting. But also clarity about where we a