Successful launch, the apple his calls for 2020. Google undergoing oracle card issued by Goldman Sachs hit some snags in 2019. Undergoing a big transformation. How do you see facebook entering what is a pretty crowded cloud first, our top story. Business . Tech continues to be the john it is crowded at the outperform or in 2019 with the application layer. Nasdaq on track for its best you have salesforce and all of those Different Software service year since 2013. 35 , justndex is up companies. With what amazon does, the aws 3 shy of 20s banner year. Service, there were really only ofis largely due to the three competitors, at least in north america. Microsoft as newer microsoft 2013s banner year. Aws, and google cloud. It is rgely due to apple and above the chipmakers. I am showing on my terminal i think the thing that chart about divergence, winners distinguishes these guys is obviously they have done a lot and losers. Of innovative stuff, but it is the clear winners, scale. Facebook,
She prepares his new years address. Is set to be ghosn in lebanon. One source tells us he fled japan ahead of a trial and financial misconduct charges. Markets in asia are winding down for the year. Australias equity market closes early this new year. Sophie has a final session how is the final session of the year looking . Sophie some pressure coming through. The aussie share market off 1. 2 , trimming the yeartodate gain but still set for the best year since 2009. Eminis little changed. Nikkei futures in singapore off by 1 and the bloomberg dollar index extending declines for a fourth straight session as the greenback is set for the Fourth Annual drop since 2010. Let switch out the board to check in on what markets are closed this new years eve. Indonesia, the philippines, and china closing along with south korea and japan entering a sixday new year holiday. We will be waiting to see whether we have yen like we saw earlier this year. Paul. Paul thanks very much, sophie. Breaking news
Joining us from sunny arizona. Your clients havent done too badly this year. Jeff its been a great year, and what a difference a year makes. Vonnie why is that, jeff . Jeff the reason for that is because this year, we had a lot of very supportive factors pushing the market higher. First and foremost, weve got a very strong and resilient consumer, and that is evidenced Online Retail sales. Next, weve got Central Banks. Central banks have been supportive and accommodative here in the u. S. And overseas. Next, weve got earnings. Earnings are looking like they are going to improve not only in the end of this year, but into next year. Finally, and probably most importantly, shortterm, weve had improvement on the trade front. It looks like we have that phase one trade deal ready in the nottoodistant future. Vonnie you say what a difference a year makes. Obviously, a lot could happen in the coming year as well. What are the greatest risks for 2020 . Jeff the greatest risks we see are policy r
Pelosi said congress had no choice but to pursue impeachment President Trump. At a press conference she was adamant that the actions with ukraine under my National Security by hurting a key ally. Ofwhen we see a violation the constitution, we have no choice but to act. And the evidence is clear that the president the president has used his office for his own personal gain. That with thedded july phone call when the president said the july phone call was perfect, she responded that it was fatally wrong. Asia, the tour of combat urging ties to poverty. The United Nations considering thailand a key trafficking destination as well as a key source of forced labor and sex workers. Twitter says it will start letting users hide specific replies for the tweets they post. The change provides a degree of control that could be used to keep spammers away or hide inappropriate replies. It will be rolled out globally. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2
Increasingly concerned. It is the economy. Jay powell fed chief jay powell holds where facetoface talks with President Trump. Warnings from within the fed. Rosengren eric morning policymakers against putting financial policy at risk. We will hear exclusively from him. And now, back to sophie for a look at australian markets. Higher. 6 200 is opening a2 milk leading the pack. Aining 17 after reporting better margin outlook. Checking in on the aussie dollar. Ahead of the rba. Still clearly and a focus for the currency. 1 ancks are adding on hour into cash trade. Futures Holding Steady in chicago. Lets see how we are sitting up in hong kong. Hans sang futures are under pressure after the rebound. Speculation that chinese funds are providing support for the market. Even so, there is some investor caution given they are rethinking their positions with the increasing violence in hong kong. We did have the hans sang in the hong kong index regain their 50 day moving averages. Lets jump to the