Shery the bushfires rage on in australia with at least nine people known to have died. The Prime Minister says there is no direct link to climate change. Paul lets get straight to the Market Action with sophie in hong kong. We have the holidays upon us in tokyo. We are seeing stocks date after a threeday drop in the topix in nikkei. Flipping the board, checking in on bonds. I want to highlight tenured jgbs. , treasuries just opening on change right here with the 10 year yield. Bonds arechmark offering 5th street sessions. Aussie shares are sliding for a Third Straight session led lower by resource players. This morning. We are seeing gains for the korean benchmark. Yuan Holding Steady against the greenback. Shery lets discuss those numbers out of south korea because we saw experts in the first 20 days of september falling only 2 . Exports with china rose 5. 3 year on year. We had a little bit of weakness with chip exports falling 16. 7 . Also, imports falling only half a percent year o
Issues that lay in front of me to tackle but how is that transformation going . That is basically the general question for you. And a massive one. Finally, last but not least, we will look at the mexican economy and antonio works at stoneridge these days covering issues related to mexico but is also been at Mexican Embassy and was up for a long time in charge of Economic Affairs there and in terms of the mexican economy if we look at the long term its been a mixed story. Mexico is very successfully integrated into the Global Economy and become a Global Manufacturing powerhouse but at the same time has levels of poverty and inequality there remain quite high. To have someone as part of the victory over the last 20 years in the mexican economy has been achieving macroeconomics ability through the independence of the central bank and fiscal responsibility across party lines and we now have a president that promises to maine pain physical responsibly and keep those things that work well in
Meet and manage the aspirations to go up in your thoughts part of his per diem. Build up become the 3rd largest, the only i typed in the across the globe around the clock. This is our t international. Lets get straight to our top story. Many gallons and civilians, how being subjected to bristol abuse, allegedly including Sexual Violence and torture awhile and is really military detention. That is, according to a new report from the Un Refugee Agency for palestine, which is really some harling. Testimonies of survivors and they made me sits on Something Like a hot metal stick, kind of felt like fire his bones into a notice the soul just hit me with the shoes on my chest and use Something Like a muscle stick that had a small nail on the side, they asked us to drink from the toilets and late the dogs attack us. There were people who were detained until maybe 9 of them. One of them died after they put the electric stick off his anus. He got so sick we saw was coming out of his body and the
Peace process. The president s announcement could have serious ripple effects on the world even the pope is weighing in recognition of jerusalem is the news from the president of the United States. This marks a departer from democratic demonstrations of the past here they continued to keep the embassy in tel aviv not moving into the touchy question of what the status of jerusalem ought to be the administration will not move to jerusalem immediately they said the process will be kicked off by the president of the United States. It could take some period of time, possibly years before an embassy is built in jerusalem and the site located and security put in place and the Embassy Opens and begins functioning in jerusalem the president is expected to recognize that it is the capital and that is expected to touch off reaction among palestinians who very much view East Jerusalem as the capital of a palestinian state. We will see what the president has to say here at the white house in a coup
Wilfred frost. Lets check on Global Markets because we are on this friday seeing gains, at least on the futures side of things you can see futures pointing to a higher open, the s p up by about six points, the dow up by about 78 and the nasdaq up by about 13 points overall. Lets get a check on the fixed income markets on the treasury side specifically with the tenyear u. S. Treasury note, yields are 2. 362 , a little lower than they have been over the last couple of days. So the Interest Rate picture taking a little bit more clarity given the feds Interest Rate hike and some commentary about the future still, though, yields in focus, especially for those financials, courtney. Lets look at whats going on around the world in trading. So take a look at what happened in asia overnight. Mostly lower, as you can see the south korean kospi is the one outlier higher by about 0. 5 the hang seng was the biggest laggard, down 1 a lot of focus on whats going on here in the u. S. When it comes to o