Disney leaps in late trade with quarterly profit topping estimates as the lion king roars at theaters and theme parks stay strong. Kathleen lets take a look at how asian markets are opening. The asx 200, a little bit higher beenthe 6726, which had the biggest advance in three weeks on the market close yesterday. Now to nikkei futures, a fractional move higher. There is uncertainty about the trade war deal getting done. That will weigh on japanese stocks. Stocks had risen for a third day yesterday, but there could be a fourth, the kind of company that could benefit from this u. S. China trade deal. Stocks are looking about a half point higher, a little bit of hope there, and of course, the s p 500 why is it down . Because it was up so much today. The s p 500 hit that alltime high. From here, we will have to wait to see some fresh impetus for stocks to continue to rally. Lets get to first word news now with jessica summers. Jessica thanks, kathleen. The french president has attacked nato
Media giantal disney beats Fourth Quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. Stories. R top facebook continues to struggle to read and trust over how it handles user data. That has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier and ben brody in washington. Let me start with you, sarah. You covered this story. What do we know from these documents . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between how they are discussed internally and how the company explains them externally. And internally, they are saying we need
Of the trade war and turkey agrees to a temporary ceasefire in syria. Pencera jumped as mike said tariffs will be lifted if the truce remains in place. Liveeen im Kathleen Hays in washington, d. C. , at the Imf World Bank annual meeting. In this hour, i will be speaking with the secretary of finance from the philippines and the Bank Indonesia Deputy Governor about the impact of the trade war and more and what policymakers can do about it. Shery first, let us get you started with a check of the markets. We are seeing u. S. Futures unchanged after stocks climbed to an almost a record high in thursdays session. The s p 500 at one point topping 3000. We had health care and real estate leading gains. We had mostly positive Quarterly Earnings results. At the same time, we had more Risk Appetite as we saw that u. K. And the European Union struck a deal. The dow, though, underperforming after ibm disappointed with results. We are now looking forward to more data coming out of asia. Sophie we h
And Central Banks are stepping up calls for help amid fears that they are running out of options. We are live at the imf meetings in washington. Sophie checking on the start of trade in sydney. Little change, after the drop of 200, halting a fiveday advance. Broadly speaking, we are setting up for a mix start in the agion, but looking to have second weekly gain. Chinese thirdquarter gdp numbers come, as corporate numbers on the mainland have shown little improvement after a bleak first half. Japanese inflation remains subdued, giving the boj food for thought at the policy meeting. Able back below 1. 29 on brexit deal hopes, pushing it to a sixmonth low to position for a negative outcome. Aussie bonds under pressure this morning as the rba governor said the economy is improving. Offshore yuan 7. 8 against the 7. 08 against the dollar after fixing. Jessica acting white house chief of staff Mick Mulvaney denies saying that President Trump withheld military aid to ukraine to persuade key h
Global threats keeping haven bulls happy and the yen expected to outperform the g10 years. Peers. Petrol bombs, tear gas and rubber bullets fly as Chinas National Day approaches. We want to get you to breaking news on the terminal now. Industrial production from south korea for the month of august, something of a miss, 1. 4 contraction for the month. The survey expected a 1 contraction for the year on year figure. 2. 9 contraction of the market had been expected, a contraction of. 2 . Decline in expected Industrial Production for south korea in the month of august. Get you started with a quick check of where markets are trading your u. S. Futures gaining. 1 , paring back earlier gains but in the green. We are coming off the s p 500 losing half a percent friday. We had it at one point falling below its 50 Day Moving Average. It managed to bounce back, but still finished in the red. We have trade tensions, concerns across the past week which last which led the s p 500 to lose more than 1