We still have time to act. Im going to access the one to know whats going on in roads. Now, a group of friends is getting ready for an unforgettable mind. Someone is in wiring. This beauty, this is rhodes. Now. Now is the time for you to book your trip to row rhodes. Once you love the new signs of trouble for chinas beleaguered Real Estate Market developer at Country Gardens suspense training on some of its on shore bonds suggesting repayment problems, markets are, are also on the show will hear from the c e o of ryan air says germanys high airport fees are hurting consumers by reducing choice and high temperatures across europe are putting more pressure on water supplies. Were looking at the industry is adapting the welcome to our show on Steven Beardsley in berlin. We begin with china and fresh turmoil, and its trouble Real Estate Market. Shares of one of the countrys top private developers, Country Garden plummeting monday, after suspended trading of 11 of its onshore bonds, suggest
Later, the occupation this hard drive, under russian occupations resisted. Who collaborated . How can life go on after all the terror . Not everyone can endure the fear weeks out every day. When rush starts august 25th on dw, the. The new signs of trouble for china is beleaguered Real Estate Market developer at Country Gardens suspense trading on some of its own shore bonds suggesting repayment problems. Markets are reactive also on the show will hear from the c e o of ryan air says germanys high airport fees are hurting consumers by reducing choice and high temperatures across europe are putting more pressure on water supplies. Were looking at the industry as adapting a little welcome to our show on Stephen Beardsley in berlin. We begin with china and fresh turmoil and its trouble Real Estate Market. Shares of one of the countrys top private developers, Country Garden plummeting monday, after suspended trading of 11 of its own shore bonds suggesting that it was having repayment proble
Welcome to daybreak asia. We are coming down to ages major market opens. Haidi the top stories this hour. The market searching for motivation as a tame u. S. Inflation report the case for a fed rate skip. A weak 30 year option. Alibaba returns to Revenue Growth across all major divisions define chinas define chinas economic woes. Bloomberg learns chinas market regulators will meet developers and financiers on friday seeking solutions to a worsening property crisis. Kathleen we are waiting for the Rate Decision from the banco ce ntral peru central bank. Expected to hold again even though inflation is falling. They did holder key rate at seven and recorders percent exactly as expected. We are going to be looking for messaging because Goldman Sachs had predicted they might cut their key rate today because inflation has had a nice downward trend lately. If not today they will do it at their next meeting. That is the latest from latin america. We will be waiting for any Additional Informati
Checking with equities on the cpi print really playing out in some senses. Its a bit of a core reaction to it by equities, but tech dragging the Hong Kong Market down, in particular. That is the yuan at the bottom of the screen. Trading the onshore yuan. Theres a look at chinese or should i say, Hong Kong Markets and tech as well. Yvonne its not just the yen against the dollar, we are watching most of these majors, especially when it comes to the euro. The end this weakest than stew thousand eight against the common currency. We are eyeing 145 for dollaryen right now. Joining us now is our effects and rates strategist, michael wilson, with more. We are getting close to those intervention levels now. Are we really focusing on this now . Are we likely to see anything . Michael good morning. Just above this 145 level, i would think not. I think we have to Venture North of 146, 146, 148. It would have to be done in quick fashion to get the ministry of finance hot and bothered. The way that
I am dani burger in london. Holding steady, philly fed parker said the end of the hiking cycle may be near with potential cuts to come next year. Treasuries extend a rally. The u. S. Curbs its ambition bloomberg learns that investment into restrictions in china are more limited than first expected. Plus, after bank stocks stumble, italy clarifies its new tax on windfall profits, saying it will cap. All right, we are going to give it get earnings but first let us look at markets because it has been quite the rally in the 10 year yield. We saw a drop by six basis points yesterday. Most of the gains on the front end of your screen happened during the asia and europe session. Those gains are maintained today, about two basis points. If we can have such a risk off day, such a flight to haven, flight to bonds on such little information, we have a lot about banking stocks we knew the picture for regional banks underscores the fragility of the summer market. Let me show the stocks because yest