Welcome to daybreak australia. I am how he stroudwatts haidi stroudwatts. I am animal jewelers in tokyo. Annabelle droulers in tokyo. Jay powell again signaling rate cuts will happen this year. The fed chair suggesting significant changes to the capital plans fiercely opposed by wall street banks. Haidi struggling lender n. Y. C. B. Getting a vote of confidence. Annabelle chinas top economic officials defend their ambitious target and hint at a liquidity boost to help get there. Haidi lets get you straight to the markets. A pretty reasonable set up in asia and we have a bit of downside as we get into the first part of the staggered trading session here in sydney, about. 2 author straight into the middle of trade. We are expecting a rise across the region. Interest rates will likely fall this year. Theres been so much managing of excitation 10 excitations in terms of the timing and the extent of easing we can expect from the fed and we have seen some of that drastic repositioning within
Is this the sign of a slowdown in auto sales or maybe just related to the weather . Okay. Well, it was really nice while it lasted. Stocks selling off this hour. The nasdaq the biggest loser, as ty just said after hitting 5,000 yesterday. The dow is currently down by 101 points, which is off its lows of the day. Still down by triple digits. Actually now its down by double. It is seeming to come off those lows as were literally speaking. The nasdaq is down by 36 points and the s p 500 is down by 12. As for oil prices lets take a look at how theyre doing. Over that board. You have wti crude. Its spiking right now by 1. 6 . 50. 38 a barrel. Israeli Prime Minister Benjamin Netanyahu speech on capitol hill certainly is one thing that weve been watching in the crude context as you can see brent is also up much more in percentage terms by 2. 5 . Bertha coombs is at the nasdaq. Mary thompson at the nyse. Dominik at the nasdaq 100 laggards. Youre next. Peggy lee sang the song is that all there
Near 70 jump in profit after turning around its customer image. The cfo tells cnbc digital is key to the strategy. Theres a new mobile website coming out in the autumn. That will help us get to know our customers a lot better which will help drive it. So were listening to the customers. Signed and sealed. Charter communications ended a 55 billion deal to buy Time Warner Cable. Sending altice lower in holland. A very good morning to you. Lets get straight to markets after a holiday for a lot of markets yesterday. Including the u. K. Germany and the u. S. We opened up this Tuesday Morning in the red. We open slightly in the green but you can see its just sold off over the last hour or so. Were down 0. 34 . Last week was a positive week for european equities. We just corrected as the weeks kicked off. Yesterday the markets were meaningfully down. Lets look as you can see pretty much the same. Ftse 100 down 0. 7. Germany down more than that and france down less than that and italy down 0.
The Department of Social Welfare and Development (DSWD) welcomes the results of the PAHAYAG 2022 First Quarter Survey (PQ1 2022) conducted by PUBLiCUS Asia,
The Armed Forces of the Philippines (AFP) turned out to be the most trusted and approved government agency, according to a recent survey of an independent and non-commissioned survey.
General Andres Centino, Chief of Staff of the Armed Forces of the Philippines (AFP), speaks during the handover c