Haidi welcome to daybreak australia. Im haidi stroudwatts in sydney. Paul we are counting down to Major Trading opens this hour with u. S. Stocks at alltime highs in the runup to fridays drop support with jay powell saying the fed is not far from the confidence needed to cut rates. Dovish signals too from the ecb with Christine Lagarde suggesting lowering borrowing costs us soon as june. Paul President Biden to deliver his state if the Union Election pitch making the case for his second term and a likely rematch with donald trump yet haidi a right decision crossing the bloomberg now with perot central bank leaving the reference rate on hold at 6. 25 . The forecast from Bloomberg Economics was a cut. Nearly all analysts in the survey saw the key rate falling to 6 . We saw inflation speeding to 3. 29 in february still above target. That expectation still that they would cut to the lowest level, more than 1. 5 years, that has not been carried through from the peru central bank. They left
A bitter pill. Also coming up pope francis breaks his silence on the plight of the ropin job calling for decisive International Action on the refugee crisis has been a celebrating an outdoor mass in bangladesh for more than six hundred thousand warheads are now living after fleeing from violence in myanmar. Im sumi so much going to thank you for joining us today sees a key meeting of germanys social democrats as they edge towards joining talks for a new Coalition Government germanys president has been pushing to get a chance long americal and social democrat leader martin shields to break the deadlock over forming a new government and they met last night at the president ial palace in berlin with discussions lasting more than two hours chancellor merkel has been trying to. Put together a government since i mean election on september twenty fourth the social democrat leader Martin Charles had earlier ruled out forming another coalition with merkels party but pressure is building on him
Headquarters in new york, it is just after 7 00 p. M. Sunday evening. It is just past 7 00 in the morning as we look ahead to what may be a tumultuous start to the trading week. May be indeed. Our top story is the rising threat from north korea. Pyongyang saying it tested a Hydrogen Bomb at the weekend, claiming it has fitted a Nuclear Warhead onto an icbm. High, thens are highest since the cuban missile crisis. Do you feel that tension right now as the South Koreans get to work here after seeing what happened over the weekend . It is quite remarkable. You dont feel that tension. Traffic seems like business as usual. Scheduled fashion show expected to be happening in the Business District around 5 00 this afternoon. Rehearsals are still going on. It just goes to show that the show must go on, but as you mentioned, elevated tensions in the last 24 hours. The southrning from Korean Military confirming they have conducted live fire exercises targeting north Koreas Nuclear test site. Sayin
The ipod minister tony abbott is in beijing to brief official called for tough words for balloons there was quite a bit and seven which baggage belt thirty six days agogogogogogogo the northththts with the lead up to heat u uppp wasnt scared. That is affected millions of people in the city of clientele protesters continue to occupy government buildings in the ukrainian city of guns after rejecting an appeal by the countrys right to disturb the big auto show on the hideout to see how the growing popularity of hospice care is offering from the legal patient support to the fun. What to get so much for joining us but critics say here its easy to use winners in beijing. Now the search for Malaysia Airlines flight and eight st seventy it has been thirty six days since the beijing bound plane disappeared after taking off from kuala lumpur with two and thirty nine people on board. Australias Prime Minister tony abbott is in beijing where he explained the search efforts currently underway. Ivan