Show for it, period. Instead chairman bird is a tool for the panels top democrat, senator mark warner. They urged reporters to tune in to a News Conference promising the committee will make news in the russian investigation. What did they produce . More grand standing and bird and warner said they have no evidence that the Trump Campaign in any way coordinated or colluded with russia and they presented all of this in big posters to show how they wasted taxpayer money and claimed to have intrude more than 100 witness and holding 11 open hearings and the result is it nothing. And the committee obviously should realize it is time to shut down their witch hunt, but senator bird cant face reality. Now, it is safe to say that the inquiry has expanded slightly. And initial interviews and document review renerated hundreds of requests on our part for information and identified many leads that expanded our initial inquiry. Lou the senator thinks he is being cute. It is pure grand standing by se
Show for it, period. Instead chairman bird is a tool for the panels top democrat, senator mark warner. They urged reporters to tune in to a News Conference promising the committee will make news in the russian investigation. What did they produce . More grand standing and bird and warner said they have no evidence that the Trump Campaign in any way coordinated or colluded with russia and they presented all of this in big posters to show how they wasted taxpayer money and claimed to have intrude more than 100 witness and holding 11 open hearings and the result is it nothing. And the committee obviously should realize it is time to shut down their witch hunt, but senator bird cant face reality. Now, it is safe to say that the inquiry has expanded slightly. And initial interviews and document review renerated hundreds of requests on our part for information and identified many leads that expanded our initial inquiry. Lou the senator thinks he is being cute. It is pure grand standing by se
Past 9 00 a. M. , we are an hour away from the open of asias first major market and the start of a new trading week. It is just past 6 00 in new york. Weekend for Central Bank Policy makers the world. I spent the last three or four days in new york. It is kind of like a monetary rock festival. The final act, the g 30 this weeing in new york, the hours in hong kong. We had janet yellen, kuroda, it was amazing. Yes, sort of like coachella for nerds. It is interesting. This kind of mantra of saying we are going to get tightening and we are on track, and yellen and draghi are saying inflation will pick up next year. Have we all been underestimating it . There you go. We will get into this quite a bit through the show, and including the inflation number , a little bit of a sour note but ignored for now. Trying to say quickly, stocks close higher across the border, across the board, bonds rallied after the cpi came in weaker. You can see s p up two points, the dow up about 1 10, the nasdaq g
Rishaad indeed we should get some feelings on what is going on with the chinese economy, factory gate prices, cpi as well. Lets look at this breakdown. Negativears of industrial gate numbers, exemplified by this yellow line, then suddenly september last year, we went positive. Expecting 6. 4 . ,hat has been lifting inflation something seen as inflation to come in the pipeline for the cpi, the turquoise line. All against the backdrop of some dictating inflation or core prices in china, that is food inflation. It has gone into deflationary territory. That was september. The is all to be digested, and all of that ahead of the 19th Party Congress taking place in beijing. Singapore, taiwan, and malaysia have come online. Lets have a look at what has happened so far. Another good day for the nikkei. Sophie gaining. 9 percent, rising for a 10th straight session, building on 1996 highs in a key election week in japan on sunday. The stock rally in asia continues, higher for a seventh session. S
Entertainment. This is daybreak asia i am in new york where it is just after 7 00. It was an extraordinary jolt for u. S. Markets. 10 days of record gains when it comes to the dow. S p also seeing record high. It shouldnt have taken very much for that jump to happen for volatility to jump. Withrprising it came strong rhetoric from President Trump. It is hard to discern what that rhetoric means. Does fire and fury from President Trump, what does it translate into in washington . It jolted the markets and caused us to fall to session lows. But we seem to have come back a bit, closing lower still. It was the initial fall that rattled the markets. Going to be focused on china Inflation Numbers here. Haidi thats right. Not to much overreaction when it comes to the aussie dollar. Look how it is setting up given a fairly volatile session. Lower sessions today. The kiwi dollar for a second day was the worst performer of the g10 currencies. No expectations of a rate change but certainly some we