And tear gas the streets. Australia orders large scale from bushfires as the death toll mounts. Sophie lets check in on the open in sydney after the asx 200 best annualrop the performance since 2000. We see it open slightly to the downside as we wait for markets to come back online elsewhere in the region. We are getting some data from australia coming out this morning. Home prices notching up the biggest threemonth gain in a decade. We are not seeing much reaction in the aussie dollar, softening a touch after hitting a fresh high. New zealand equity markets remain closed and the kiwi dollar keeping fairly steady after topping 67 this week and japan also remaining offline thel january 6, again, currency cap a Fourth Annual gain. Paul thanks very much. President trump says he can assign the first phase of a trade deal with china on the 15th of this month ahead of a visit to beijing where talks will begin on the next part of the deal. Lets bring in our china correspondent now, selina wan
Be witnesses that the republicans could call and i know President Trump has pushed to have joe biden testify his son hunter biden testify potentially calling nancy pelosi how does that work is it a one witness for the republicans one witness one witness for the democrats know. If the scene moves to the senate then a Senate Majority 51 votes the Vice President doesnt preside doesnt have a vote in this case could determine the witness list. As to whether or not the republicans will want to call Vice President biden or his son or the speaker. Theres been some pushback in the Republican Caucus in the senate about that. So i dont know that thats thats altogether likely would seems to me the likeliest outcome is that if this goes to the senate then the majority leader takes control and that you wont have any substantial new witnesses so if we dont have any substantial new witnesses then presumably President Trump would be acquitted from the senate trial when does that leave him going into th
Continue to stand by their president who has dismissed the move as an attempted coup. Im known taylor in london with the rest of the top stories including lebanons assad hariri says he will not seek to stay on as Prime Minister head of much to lay talks to give the protest wracked country a new government. Indias cream Court Postpones hearings against a new citizenship door to next month as anger against the legislation grows. While its currently 19 g. M. T. Thats 2 pm and washington d. C. And went out 2 hours into that final debate over whether to impeach the president of the United States democrats and republicans in the house of representatives on making their case about whether donald trump violated the constitution hes accused of withholding aid to you. Craned to pressure it into investigating his political rival the democrat controlled house is expected to make trump the 3rd president to be impeached in u. S. History trump has dismissed the process as an assault on america while
Best performers in the s p 500 or if perhaps because Elizabeth Warren is walking back her proposal for medicare for all, interimhere would be an and the fact that Pete Buttigieg is pulling so well. Down about 2. 7 . Guy . Guy european stocks low but not down by much. Volume is like. We seem to have people trading on trade headlines that are risk off. We have yields lower and bonds are better. By half of 1 p against the u. S. Dollar. The reason for that is better polling for the conservative party. We will talk british politics shortly with joe swinson of the liberal democrats. Vonnie lets get to hong kong. Raging fires, tear gas, flaming vehicles have all gripped hong kong in battles between protesters and police. Of a are growing on a crackdown on protesters as police around a university. In the u. S. The senate is preparing for passage of a bill that shows support for protesters supporting democracy in hong kong. When do we expect that vote . We are expecting it at some point this we
Flirting with 2 . Your two year treasury note now at about 1. 5 . Crude oil, we will get that data showing inventory levels expected to rise. Remember, all of the gains we had, nymex crude as well as brent, and saudi arabia come all of the gains are raised. Now we are looking at more of a demandside issue. Keep an eye on the transport side. Down transportation average down 1. 5 percent. We were down more than 2 yesterday. Last week Cantor Fitzgerald recommended folks going on the transportation average, shorting. A lot of people laughed it off. Right now that average down more than 4 . Worst twoday decline we have dowto have had on the transport since december. Guy there are weird things going on in this market, but we are certainly seeing equities spooked by this growth story. The ism and you factoring terday putting the cacs what the market feels is really on edge right now when it comes was a punchy month on the downside for european equities and Global Equities peered what is weird