Calls for 2020 what sectors he is betting on. We examine streaming content providers. As disney and apple enter the fray. Peacockl 2021 hold as enters the market. A partial trade deal between the u. S. And china will ease a key risk for investors. The index rose in the wake of the agreement. For more, lets bring it bloombergs Abigail Doolittle. Is this all about the trade agreement . Abigail interesting question, because the euphoria we are feeling today, it would seem that way. Rallyis has been a huge year. 40 ,tocks into october of so we do have solid gains after that fact. The tone was set earlier in the year. Last year, we had that horrible first horrible Fourth Quarter. This year, going into the end of the year, it feels as though traders and managers really trying to hang onto those gains and stoke them. We seem to be having more of that response happening today and probably into year end barring a shocking sort of event that seems unlikely right now. Upgraded today on nonrecover
Shery the bushfires rage on in australia with at least nine people known to have died. The Prime Minister says there is no direct link to climate change. Paul lets get straight to the Market Action with sophie in hong kong. We have the holidays upon us in tokyo. We are seeing stocks date after a threeday drop in the topix in nikkei. Flipping the board, checking in on bonds. I want to highlight tenured jgbs. , treasuries just opening on change right here with the 10 year yield. Bonds arechmark offering 5th street sessions. Aussie shares are sliding for a Third Straight session led lower by resource players. This morning. We are seeing gains for the korean benchmark. Yuan Holding Steady against the greenback. Shery lets discuss those numbers out of south korea because we saw experts in the first 20 days of september falling only 2 . Exports with china rose 5. 3 year on year. We had a little bit of weakness with chip exports falling 16. 7 . Also, imports falling only half a percent year o
Languishing in storage. An president xi jinping confirms china supports carrie lam in hong kong, but says the protests create the grimmest and most complicated challenge. Paul all right. We have the market open here in australia. It is highly likely the asx will make some record highs today. But we have a staggered open here so it is fairly quiet right now. Just modest increases that we are seeing. We are going to keep a close eye on westpac, now facing its 4th investigation into these Money Laundering allegations just filed by the banking regulator today, announcing it will be investing getting whether law. Ac broke the we have new zealand higher by almost. 5 . Was packed new zealand shares still in a trading halt. U. K. Futures looking flat right now, a similar story for u. S. Futures. But that may well change during the course of the day, especially after we saw some very positive gains on the u. S. Equity markets tradeinspired during yesterdays trade. We will keep you uptodate as t
Source sores soars. Australian markets have just open for trade. Lets turn to sophie for what to watch. Sophie its hitting the Snooze Button with markets little changed to the downside. Aussie dollar just retreating a touch. We are also keeping an eye on what is happening with the u. K. Election taking place thursday and india very much focused as we get Health Checks on the economy. We are also waiting on japanese machine orders. We have singapore on the docket as well. Paul thanks very much. Lets check in on first word news with ritika gupta. Ritika the u. K. Vote later thursday in an election that will define its relationship with the eu for years to come. Brexit has been the central issue in the campaign with Prime Minister Boris Johnson insisting the contingency board will only happen quickly if the conservatives turn a strong victory. Uncertainty surrounding brexit has led to eu leaders hoping for a johnson win so the negotiations can come to an end. We will have special extended
Can they deliver in shanghai . Bet that heaking a can succeed where others failed. To japan ands get south korea, coming online. Began is study. Fiveyear auction. Olding around we have not been at this level since easing ramped up. We are seeing the cost be moving to the downside about 4 10 of 1 . The korean won is on the retreat as well. A little change fluctuating after a threeday event with the aussie dollar holding steady. A look at how aussie bonds are faring. The 10 year yield fell as much as five basis points. Her marks in sydney, in which he noted that week consumption growth was a surprise but he remains confident that there will be a pickup. Looking at 63uan as we are waiting for more trade details. I want to highlight mexican peso trading around a high. After not time to celebrate just yet. Paul lets get some more on that nafta 2. 0. Last minute have arisen over the new trade deal. A deal was closer, but Speaker Pelosi saying nothing has been agreed to yet. Canadian official