Barrs trip to italy amid the justice departments review of the origins of the russia probe. There is speculation that part of the trib concerned the man who mr. George papadopoulos says told him that russia had Hillary Clintons email as part often trapment. Also, china expert Jonathan Ward is here on how beijing is eying the impeachment inquiry what impact it could have on the upcoming trade talk set to begin on october 10 all that and a lot more here right now on sunday morning futures. And the white house is preparing to send a letter to nancy pelosi tomorrow morning, refusing to cooperate with the house impeachment inquiry, until the speaker holds a floor vote on the matter which is typical for any impeachment. Here is President Trump on friday. President trump well well be issuing a letter, as everybody knows, weve been treated very unfairly, very different from anybody else, if you go over not only history, you go over any aspects of life, youll see how unfarley weve been treated.
This idea that the coalition may have. The right to a hit if they think thats a military target but lets put this into perspective this is not the 1st time they hit a place where prisoners are being placed so a lot of questions need to be to be asked to be asked. Here did they know that didnt they know the 1st time the 2nd time that there is a time how many times you know and how many prisoners should should die before we question what is really happening and how accurate this argument collision are conducting its conducting its strikes there is also a lack of transparency because these sound in a question are saying they hit a weapons storage and there need to be investigation where there any you know any act kind of facility existed in the in the in the area and why are those prisoners being put there in the 1st place this is supposed to be a a a college that belongs to the university of this is not supposed to be a prison in the 1st place and i think all of those questions need to b
First half. Is ticking asck london and brussels plan new talks. They can still block a new deal divorce. Kathleen breaking news on south korea Industrial Production. I was talking about whether or not the bank of korea might cut their key rate and a couple of hours. The pricing jump, up 2. 6 . Up more than forecast at 0. 5 . That is what was expected. In terms of the monthly number, lets move on to the yearoveryear number. Up 0. 6 . A big improvement over 2. 9 . That has been revised a little bit higher, 2. 6. Very good news for south korean Industrial Production, closely linked to manufacturing, closely linked to the trade war. We will get more details on that and get more on that later. Beijing for ato look at the asian markets. There has been a lot of volatility this month but it looks like on the last day, we are seeing cautious optimism. More green across the board. For the nikkei. Positive numbers out of korea so that will help bolster when the markets open, up almost 1 . 5 thise
Is looking like its biggest handicap. Going global. Worldwideplans a expansion. Shery lets get a quick check of how the markets closed in the u. S. We saw a stock rally with the dow gaining 270 points, while the s p 500 was higher by 1. 1 . We had already seen stocks higher since the morning session after President Trump said the prophets for a deal were better chinaw anytime talks with began last year. The positive sentiment on trade was spurred higher with the presser from president s macron and trump in the afternoon where we heard them both be positive on trade but also potentially no auto tariffs on japan. Not to mention a sit down with iran. We saw the stocks on the s p 500 and the green. Lets be mindful that volume was pretty thin. About 20 below the average at this point. U. S. Futures at the moment unchanged, but this as concerns are still out there on perhaps a recession hitting the u. S. We continue to see the yield curve inversion deeper into negative territory. Paul . Paul
For example the south china bank and Standard Chartered have taken out big pages in the newspapers here to tell people that actually. This continues on rest is having an impact on the economy and they do really forecast a grim quarter i head now Southeast Asia Bank Actually went further by saying that not only the unrest here but also the trade war between china and the u. S. Have made it that it has made as 70 a drop of 75 percent in the drop in profits in the 1st half of the year i mean i have to say also were here now to a gathering of High School Students about to start but they were for example this tribute this leaflet it has a long list of businesses and restaurants starbucks. For example that they perceive as being probably gene and they have been calling really on everybody to boycott those businesses thirtys here say that really the 2 sectors are the most hits are the retail and true is because bear in mind a lot of tourists depends on Mainland China people who havent been co