Shery you are watching daybreak asia live from new york, wellington and hong kong. Annabelle australia has just come online. Haidi asian stocks are set to follow wall streets gains in an effort to contain the israel hamas conflict. Israels defense minister warns of a long war as Antony Blinken returns for further talks. World leaders arrive in beijing for the belt and road forum. Facing an uncertain future as the economy slumps. Annabelle we had the open of a sx starting the day. The focus is on currency because we are keeping an eye on the aussie and kiwi dollars. Near lows against the greenback even though we saw a softer dollar in the prior session. Weve got rba Meeting Minutes due out later and that well plus understand why the new governor elected to keep rates on hold in our first meeting as chair. We had new zealand inflation data for the Third Quarter that came in softer than expectations, so it boosts the case that they will keep rates on hold at the end of november. And cut i
All vital pillows of the economy going to be facing long term problems coming in the future. Well, its going to be talk about that is called hoist can from the vm a industry association. Thank you very much. Speaking to my call, how worried are you about the German Economy at this time . Well, i think if you look at the factory defects and we are where its our industry um has been down and we were production last year by one percent. And forecast for this year is under the minus 4 percent. So it is an uncomfortable situation to be in. However, we proceed this more of a site to go a phenomenon and not so much of a structural phenomenon for our industry. So we expect our business to pick up again in the 2nd half of the game. Okay, but the economist succeed, postpone, says, despite moderate recovery prospect, we must not deceive ourselves. Overall production figures have been slowing, showing a worrying downward trend for g is, is the existential threats to companies in the machine buildi
All vital pillows of the economy going to be facing long term problems coming in the future. Well, trying to be to talk about that is called high skin from the vm, a industry association. Thank you very much speaking to my call. How worried are you about the German Economy at this time . Well, i think if you look at the site to get it fixed, then we are where its, um, our industry has been down and we have production last year by one percent. And forecast for this year is another minus 4 percent. So it is an uncomfortable situation to be in. However, we proceed this more of a site to go a phenomenon and not too much of a structural phenomenon for our industry. So we expect our business to pick up again in the 2nd half of the year. Okay, but the economist succeed, cost for them says despite moderate recovery prospect, we must not deceive ourselves. Overall, production figures have been slowing, showing a worrying downward trend for g is, is the, an existential threats to companies in th
Machine building is also facing a strong hand germany turn it around, all vital pillows of the economy. Going to be facing long term problems coming in the future. Well, its going to be talk about that is called high skin from the vm, a industry association. Thank you very much. Speaking to me, im call how worried are you about the German Economy at this time . Well, i think if you look at the affected the facts, then we are where its a industry has been down and we are production last year by one percent. And forecast for this year is under the minus 4 percent. So it is an uncomfortable situation to be in. However, we proceed this more of a site to go a phenomenon and not so much of a structural phenomenon for our industry. So we expect our business to pick up again in the 2nd half of the day. Okay, but the economist succeed, cost for them says, despite moderate recovery prospect, we must not deceive ourselves. Overall, production figures have been slowing, showing a worrying downward
Machine building is also facing a strong hand germany turn it around all vital pillows of the economy going to be facing long term problems coming in the future, well its going to be talk about that is called hoist can from the vm a industry association. Thank you very much. Speaking to my call. How worried are you about the German Economy at this time . Well, i think if you look at the factory defects, then we are where its um, our industry um has been down and we do production last year by one percent. And forecast for this year is under the minus 4 percent. So it is an uncomfortable situation to be in. However, we proceed this more of a site to go a phenomenon and not so much of a structural phenomenon for our industry. So we expect our business to pick up again in the 2nd half of the game. Okay, but the economist succeed, postpone, says, despite moderate recovery prospect, we must not deceive ourselves. Overall production figures have been slowing, showing a worrying downward trend