Slasheed to skash costs and jobs. And in hong kong, police and protesters clash again after a week of relative calm. Shery consumer inflationshery . Year cpi numbers. Growth of 0. 2 percent. But this is missing expectations that we would see a rise of 0. 7 . Despite the missive estimates, we are seeing growth from the previous month when the inflation number was flat. Month on month, disappointing 0. 6 . A contraction of estimates were for a slight growth. This is contraction from the previous month of october. We know south korea faces challenges including negative base effects. Last year in 2018, we saw a higher food and crude Oil Prices Back then. The year on year number remains under pressure so we are seeing growth of only 0. 2 for the month of november. Those expecting thirdquarter gdp numbers out of south korea on tuesday, after the bank of korea kept the rate unchanged. Inflation numbers looking not too strong of the moment. Australia has just kicked off trading. Sophie aussie
Foreign purchases. We have the first public impeachment hearing testimony revealing the president s lawyer was digging up dirt in his shadow diplomacy in ukraine. Howi lets take a look at we are setting up when it comes to the start of trading here in sydney. Investors dealt a pretty mixed hand overnight. Stocks closing pretty close to fresh record highs. Still, uncertainty over the lingering trade negotiations continuing to chip away at sentiment. We are hearing potentially the agricultural purchases that had been a solid part of the phase i deal could be in doubt. China reportedly saying if these tariffs are not resolved, they could back away from purchasing more u. S. Soy and pork. Taking a look at the picture, just about 1 10 of 1 . Watching the labor market numbers, typically quite volatile, could be a move in the aussie dollar. New zealand, upside about 1 10 of 1 after the reserve bank of new zealand held on rates for their last meeting of the year somewhat unexpectedly, causing
In the e. U. Germanys role is. Germany gives a lot of money to the e. U. People always count on germany because were strong and they always ask for money of peoples lives we are paymasters everywhere these are somehow you cannot we finance a lot is it true sure we pay a lot for the e. U. But what actually happens to the money where do those billions end up and what does germany get out of it. The e. U. Promises equal Living Conditions in all Member States does that make sense is it even feasible. Good wages for work well done perspectives for a better future. How do people live in the e. U. Is europe really growing together. We travel across europe from bulgaria a poor member state through dependable old germany. To foo ming ireland. But we start in italy a country that conjures up beautiful images to cations. Excellent cuisine. Everywhere we go we see large signs saying built with e. U. Subsidies for decades money from brussels has gone into construction here nevertheless italy is in
Is ready for a long political battle. Host hong kong drops its bid for the lse. It is too challenging of a deal to pull off. The brexit outlook remains murky at best. We are nimble. We are in limbo, and that is not a good thing. Host they discussed the british divorce from europe. If i am right, the u. K. Will come back and rejoin the european union. Host jay powell says the fed is planning to expand its Balance Sheet. They came out and said we are doing this, be prepared. Host and an exclusive conversation with Robert Kaplan shedding more light on Monetary Policy. This cutting we are doing should be limited, restrained, and modest. Host it is all straight ahead on bloomberg best. Hello and welcome, i am nejra cehic and this is bloomberg best. Your weekly review of the most important Business News, analysis and interviews around the world. Let us start with a day by day look at the top headlines. With the u. S. And china set to talk trade in washington this week, investors were optimis
In the e. U. Germanys role is voice of this new germany gives a lot of money to the e. U. People always count on germany because were strong and they always ask for money of peoples moods we are paymasters everywhere and its not now and if not we finance a lot is it true sure we pay a lot for the e. U. But what actually happens to the money where do those billions end up and what does germany get out of it. The e. U. Promises equal Living Conditions in all Member States does that make sense is it even feasible. Good wages for work well done perspectives for a better future. How do people live in the e. U. Is europe really growing together. We travel across europe from by. Area a poor member state through dependable all germany. To cuming ireland. But we start in italy a country that conjures up beautiful images to cations. Excellent cuisine. Everywhere we go we see large signs saying built with e. U. Subsidies for decades money from brussels has gone into construction here nevertheless