Elusive. And suppose he says the house is. Transformed samsung into a global tech giant has died. Paul lets take a look at the markets right now. The asx in australia has just opened for trade at the start of the new week. We do have a staggered open. Pretty hard to get a bead on things. Pretty flat at the moment. We are waiting for cocacola to open on the news of this deal that the European Partners are moving to acquire the Company Valued at 9. 3 billion to underscore some of the consolidation going on. The aussie dollar holding a threeyear gain as the u. S. Stimulus talks continue to drag on. U. S. Futures looking a little weaker as well as nancy pelosi and mark meadows but he might accuse each other of quote, moving the goal post. Nikkei futures are pointing weaker as well. That is going to be a busy earnings week in japan. Starting off with kanaan reporting today with cannon reporting today. Lets start off with china at where the leaders are gathering in beijing to map out the fiv
Am Kathleen Hays in york, welcome to daybreak asia, related stories this hour, monthly suggests the recovery is continuing. The Bloomberg Economic saying recovery above three point five percent. Nancy pelosi says a deadline for stainless steel well President Trump calls for a big spending package. Central bankers worn support will be needed for some time to come and new zealand stocks rise in the kiwi strengthens after the historic victory. Labor has the seats to govern alone, but she is considering a new coalition. Haidi taking a look at markets in asia we are setting up on a pretty cautious note when it comes to trading in the trading week here in asia, however we are looking ahead to Third Quarter gdp out of china with investors and traders came to see what the expectations were for this study growth were to continue. We are expecting numbers of about 5. 5 when it comes to economic expansion. This is our way of seeing into the first couple of minutes here in sydney just about two pe
Fed call for urgent action. We are joined exclusively by dallas fed chief robert kaplan. And the debate, joe biden refuses to push back his next meeting with President Trump the white house rules out of virtual clash because of covid19. Quick check of the markets coming online, u. S. Futures right now up. 3 , after the close, we have the white house saying President Trump is open to Something Big or than the skinny bill. It has all been about optimism over stimulus deal, despite conflicting signals on capitol hill. We had u. S. Stocks in the regular session wanting to a fiveweek i. We have optimism on corporate will, adding to the positive tone. Eaton vance jumping after agreeing to be taken over by Morgan Stanley, more on that next the dow higher. 4 , nasdaq. 5 . Oil is gaining. 3 at the moment, climbing to its highest and more than a month. Opec now saying the worst may be over. Demandve boosted their and their crude outlook for the next four years at we have the dollar falling, and
Biggest spike in cases in nearly four months. Good morning and welcome to bloomberg surveillance. I am Francine Lacqua in london. This is what the markets are doing , european stocks moving to the downside gorsuch any trading sideways, despite record highs on wall street. This is what we are also looking at when it comes to gold, always look at gold because it gives you a good sense of where there is appetite, slipping back below 2000 on ounce. We saw declines in utilities outweighing gains in travel shares, of the stoxx 600 actually gained. Up, the chief executive of the Hong Kong Exchanges and clearing joins us for an interview after the Company Posted a record firsthalf profit. That is in a couple. Of minutes lets get straight to the bloomberg first word news. We start with joe biden, it is official. He has become the democraticc nominee for president. The second night saw a slate of speakers, from former president bill clinton to representative alexandria ocasio cortez. Biden himse
People might say it has been the best performance currency, thailand. And the bank of thailand. We have an exclusive interview. Kathleen markets have opened. Aussie yields are rising. Little change to the upside after the session on wall street that saw u. S. Stocks pare gains after a fresh eye. The offshore yuan. This check in on the yen morning, holding onto a threeto decline after a wild start to 20, holding onto a threeday decline after a wild start to 2020. New york crude staying below 60 barrel, falling as much as 5. 7 overnight. Oil supplies remain intact. Haidi . Haidi President Trump backed away from a war on iran but said they will be tough, new sanctions until they change their ways. Statesrump the united will meet liam pose additionally additional, punishing sanctions that will remain until iran changes its behavior. , by all assessments, it seems like that reprisal from create noesigned to additional fatalities. Is this a step down for them to theeast put an end to situati