Ed you are watching daybreak asia live from new york sydney and hong kong. Haidi counting down to asias major market opens. Paul u. S. Inflation signals complicate the fed outlook. Penciling in a first rate cut by mid 2024. Sx traders are back on the yen intervention watch. Country garden to suspend trading for monday in almost a dozen onshore bonds. Softbank reportedly in talks to buy the rest of chip designer arm from its own vision fund. Shery u. S. Futures early in the Asian Session seeing upside after the s p 500 struggled for direction in the friday session. It finished at a onemonth low. Really after fluctuations between gains and losses, big tech led the declines. We had the nasdaq 100 seeing the longest losing streak on a weekly basis this year. Big tech pressured the markets, not to mention investors were really trying to digest Inflation Numbers, whether it is Consumer Inflation Expectations unexpectedly falling. Producer prices surprising to the upside pressured the treasur
Football. They will have to compete for the best players. And what one club will play a lot of club will trump. The Transfer Fees will grow as the sport and the demand to watch it grows. Sport and the demand to watch it crows. ,. ,. , it grows. The tournament has been seen it grows. The tournament has been seen as it grows. The tournament has been seen as a it grows. The tournament has been seen as a watershed it grows. The tournament has been seen as a watershed moment for women sport and raises questions about investing in the next generation of footballers. Over the weekend australias Prime Minister pledged 200 million australian dollars, thats about a us two women sport. One perhaps overlooked area that is stopping women from getting into football has been facilities such as Changing Rooms many are old and they dont even have much privacy and were built for men back when there were far fewer female players. Katie silver has this report. A club two hours north does sydney women on t
[laughter] pretty good. Announcer host good morning, it is saturday, august 19. President joe biden met yesterday with the leaders of japan and south korea. They merged with Security Cooperation, threat from china and north korea, the war in ukraine, and immigration at the southern border are all issues that have jaw drawn the white house recent attention. Our attention for you this morning, what do you think is the top policy issues facing the United States. Republicans, we want you to call us at 202 7488001. Democrats, your line is 202 7488000. Independents, we want you to dial a set 202 7488002. You can also send us a text message at 202 7488003. Please include your name and where you live. You can find us on facebook. Com cspan and on x and instagram cspanwj. Lets start off by hearing a little more from President Biden coming out again with the talks with leaders of japan and south korea. He announced a plan to deepen Security Cooperation between the three to counter north korea an
System and, of course, in china as well. I think what it means also is that amongst all of the various imbalances in the economy in china right now, the Property Sector might be the weight on the economy that lasts the longest simply because it is going to be such a slow slog in terms of restructuring this debt. We have seen pictures of unfinished buildings, families and even sometimes having to squat in those buildings because they cannot afford to pay the rent and pay their mortgage on these properties. What can china do to try to boost this up . Somehow the key to this issue right now is to complete Unfinished Projects because this will at least keep some of the financing flowing. As you mentioned, many, many projects are presold and the households that buy those properties, they make Mortgage Payments even if they are not able to take delivery of the product but as construction has come to a halt, they stop making those and that means no Income Accruing to the Property Developer th
Daybreak australia. We are counting down to asias major market opens. The top stories this hour, u. S. Stocks and bonds followed. Yields and treasuries ration the highest levels this year. Paul Central Bank Policy makers seeing significant upside risk which could require further rate hikes. Lets take a quick check on wall street. Some small gains here from the futures market. The day started out pretty well. The weakness piled up after the fed came out at 2 00 ands showed the vast majority saw more rate hikes will be needed. In terms of individual stocks, big tech names. In terms of china, the lack of china stimulus does far to return around a fallen stock market. This is also weighing on stocks. Treasuries lowest across the board. The twoyear got close to 5 . Parentheses, we started by looking at the british pound. Currencies, we started by looking at the british pound. More rate hiking as well for the bank of england. We are going to start the day looking at the dollaryen, up to 140