On china. Sources say curbs on jack mas group over concerns on National Security. Shery we are getting south koreas current account balance numbers and the surplus right now narrowing the month of august from july, coming in at 6. 56 billion. This is a little bit of a narrowing from that 7. 5 billion we saw in the month of july. The balance widening. The surplus coming in at 7. 0 2 7. 02on dollars and billion dollars and this is widening from the previous month. When it comes to export numbers, we have seen the plunge easing a little bit and in september, south koreas exports rising for the first time in seven months and we are seeing the goods balance surplus widening a little bit, haidi. Haidi take a look at the open we are setting up in the first few minutes of trade here in australia. We have seen that bounce following the super expansionary budget that was delivered this week by the federal government. The asx in the previous session closing at a one month high on those budget exp
Be addressing conflict no theres not going to look. Very hot what you need to know and it is a miracle in 2020. 1 night. All right just when you thought the 2020 reality 6 show series couldnt pack any more twists and turns in steps this seasons big bad im talking of course colbert 19 to slap the United States president Congressional Republicans and viewers like us right upside the head. And all the fallout from the brand name in chiefs bout with covert is still yet to be determined the Government Run Health Care currently nursing our president and his covert stricken administration has apparently been bang on with even the president tweeting doctors and nurses and all at the great Walter Reed Medical Center and others from likewise credible incredible institutions who have joined them are amazing tremendous progress has been made over the last 6 months and fighting it this pledge with their help i am feeling well. Which is rather a lariats coming from a man whose party and political pl
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Hang seng is flat. Taiwan is the leader on the board. We will talk about tsmc. They are gaining on the back of the apple news. We continue to watch dollar renminbi. 16 month high for the yen. We could be set for the best performance ever for the renminbi. Look at whats going on the rest of g10. Still seeing a strong yen. Pound is gaining for a third day at 129. The dollar falling to the twoweek low ahead of the fed decision. Take a look at bond yields ahead, not much movement. Its pretty quiet before the fed. Six the seven basis points for u. S. 10 year. Bondsl off in government the fall off in government bonds may have run its course. Saw the biggest cash injects and since 2018. Crude jumping on the back of that Better Chinese data we got yesterday. Back to our top story. A big win on paper, but not much in the real world. Says that Donald Trumps tariffs on chinese goods violated International Regulations, but its unlikely to make much of a material difference. Lets get more from our
As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste