And sees a Million Dollar plus loss in the last quarter. Haidi janet yellen defending her time in office as the race for the fed narrows to three. Fromad half an hour from house price figures. We look at tier one cities in particular to see how things go there. This exemplifies how the pressure on these homebuilders are lessening at the moment. N with house price growth and 60 year on year. It has come down with a bank to earth. The prices for shanghai and beijing have been more modest. For the latest update on the sauce prices and where the market is going from here. Those house prices and where the market is going from here. Haidi president xi jinping reiterating this theme, that housing is for living, not speculative buying. In the lastwatching few days of the 19th Party Congress for news about this reshuffle of the Standing Committee and news when it comes to the 10year of the pboc governor. Tenure of the pboc governor. We do have the ecb policy looking for framework of tightening
Flatfooted. Rishaad sony shares surging come the full forecast lifted to a record. , we speakfting gear to andy palmer. Theaad we will be getting unofficial caixin pmi numbers out of china. The official numbers showed 51. 6. This is chart 2411. Private gauge or of purchasing managers his more pessimistic than the one out of the government. Count smalloes not and mediumsized enterprises. We are looking for that number and 43 minutes from now. Haidi absolutely. Continuing to paint this picture of whether we will see a managed slowdown out of china as stability makes way for more reform and deleveraging after the party congress. E are watching the fed boj out of the way. We are waiting for President Trump to nominate the fed leadership. In the meantime quite a lot of distraction with this Robert Mueller investigation and what it means for tax reform. Lets get over to sophie. Sophie a brandnew month, a little distraction. There seems to be more good news than bad. Asian stocks trading near
Trade deficit reduction. Donald trump wants to renegotiate to bring the deficit down. Visit is the closest to kim jongun. And thel feature talks trade deal has hurt u. S. Workers. Theill be addressing parliament and it is a contrast to the warm relationship we have seen with shinzo abe. There he is. Is seoul. It is almost like he is tackling visits in order of difficulty. The geopolitics are about to get a little harder and he talks about whether this alliance or pledge to provide military going to continue to be supported by the u. S. Visit to japan had nice words to shinzo abe. He has been talking about Current Affairs in saudi arabia and he says that the crown prince knows what they are doing. Perhaps. Up. Prices have been going chart withat this futurest crude and the looking at a this for ae with singapore. Ou know it is helping Energy Producers and is finding support. Broad asianat the we are seeing and a little change for the first with the gains and equities heading for a secon
The regions banks, Credit Agricole reports today. Anna a warm welcome to bloomberg daybreak europe. Im anna edwards. Manus breaking news, Credit Agricole. Anna numbers from Credit Agricole, they look to be a little light, thirdquarter revenue numbers, 4. 58 billion against an estimate of 4. 70 4 billion, although the trading revenue is one of the issues here. We have a drop of . 28 in trading revenue, down by 28 . They were hit by slower bond trading, lower volatility on that side of the market. We know that story very well. There are some upsides to the story coming to this morning. Were seeing if theres any strength there on m a advisory. Will look for more details. M a also a big story, i should say. Could Credit Agricole be interested in doing a deal with commerzbank . Well see what comments we get from them on that front. Abn amro, when and how quickly will the government release more of their holdings . Third quarter pretty much matched analyst estimates. A little bit better ther
Fox has reported better than expected figures for the three months to september. But the results have been overshadowed by reports it has held talks to sell off a huge swathe of its business, most of its tv and film business, to disney. Lets show you some of the details. The likes of netflix, google and amazon are now huge players in the Media Business as more of us stream movies and tv rather than watching cable channels. Thats led millions of people to cut the cord with their cable providers. 5 million americans are expected to axe cable this year. Well over twice as many as last year. Disney is launching its own streaming service in 2019 and pulling its first run movies off netflix. Buying foxs studios would give it access to much more content. All this comes at a turbulent time for fox, as Samira Hussain explains. Zist 21st century fox is under a microscope these days. Sexual harassment scandals at its flagship network, fox news, means they are ian watched closely by regulators and