Xiaomi saudi stop market, we talk with a ceo. Yousef it is 5 00 a. M. In london. Shery i am in hong kong. We are seeing investors be more conscious ahead of the fed meeting and also the jobs report out of the u. S. A few markets are closed in asia. Hong kong, japan, and south korea. For those that are trading, take a look at this function on the bloomberg. You can see australia is leading the declines. Remember, only after seven days of rallies for the Australian Market. We are seeing the aussie dollar lose point for mark. 4 . Japan is on holiday for the rest of the week. Just to keep you have to keep an i on the japanese yen. Treasuries not trading in asia today. Japan is closed. Yields fell overnight. We are seeing the sovereign debt market across asia. We are also seeing oil rebounds after a drop to its lowest in a week. Yousef absolutely. In this part of the world, they kingdom was holding a wide ranging interview. A rare conversation with the deputy crown prince. He has been spear
Im Francine Lacqua in london. Quickly, a check on data. This is where a lot of the story is. I think is probably one of the most significant trades entitys session in todays session. Europound. To touch yesterday. The pound strengthening a touch yesterday. Notable for the fed. We get onto the french president ial election this sunday. Lets get to first word news. U. S. Nordisk in the President Trump has tweeted the government needs a good shot down in september after Congress Agrees a budget deal that denies him his wish list. It includes no money for his although iter wall, is full funding for planned parenthood. Democrats call his threat to shut down the government after a successful bipartisan deal sour and shameful. Fell after reporting slumping iphone sales. 50. 8 milliont sold phones in the First Quarter. It highlights the need for apple to deliver blockbuster new features in the next addition of this device defend off samsung. Were seeing what we believe to be a pause in purchas
Yesterday. David time for the morning brief. Apart from the all important fed a. M. Steven 8 00 mnuchin speaks at the independent Community Bankers capital summit. We will get adp Employment Data, the consensus for 185,000 jobs added last month. After the bell, it is earnings watch. Facebook and tesla will be reporting. Alix decision day for the Federal Reserve, the bloomberg surprise index starting to roll over. Sales, week core cpi, week march job numbers. Mckee. Shington, michael how does the fed a dress the weaker data we have seen . Michael they are going to have to mention the fact that the economy slowed in the First Quarter but they do not want to take june off the table and do not believe this will be a continuing problem so they will probably talk about it being transitory. They may mention seasonality problems we had. Tractornta fed, gdp now comes up close to the average gdp numbers we get, shows First Quarters have been terrible for the last couple of years, but look at tha
Exchange disclosures on Wednesday showed 12 IPO plans in Shanghai's tech-heavy STAR Market and 48 in Shenzhen's start-up market ChiNext were suspended.