Fascinating conversation and content out of those interviews. Cant wait to see them all. I amme to daybreak asia, haidi lun here in sydney. Betty i am betty lou at the Global Headquarters in new york. Before we get to the great therviews, a recap of markets. We sell the dollar gain, oil markets higher, oil touching above the 50 a barrel level. That led to stocks rising. Lets pull up the board to show where markets closed. The dow added on 40 points. S p gaining. The nasdaq higher, as well. We continued to digest lots of news in the u. S. We will be watching economic numbers that are key for the market. Haidi we spent so many days talking about the weather, north korea, geopolitical risks. We are now focusing back on monetary policies and the macro environment. Check out how we are setting up ahead of the data. New zealand, trading sideways, up 1 10 of 1 . The kiwi dollar at. 7252. The dollar rising for a third day, expectations that may be a fed rate hike in december, pushing to almost
He was accompanied by the Vice President and first lady. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Emily im emily chang. This is Bloomberg Technology. Oracles cloud Growth Continues to soar. We will break down the numbers from the strongerthanexpected earnings scorecard. Plus, missed opportunity at equifax. The credit monitoring giant was fully aware of the Software Flaw exploited by hackers. Lawmakers are demanding answers. Apple could be on the verge of its biggest deal ever. We will break down its possible investment into toshibas chip unit. First to our lede. Oracle reported firstquarter earnings showing a surgeon cloud growth. Total a surge in cloud growth. Shares in extended trading are up just under 2 . No, half a percent, about. The Company Issued guidance of 9. 5 billion for the second quarter. Oracle is in the midst of shifting its business to t
His plans of international expansion. Christ hello and welcome to daybreak asia. Heidi, we have been following these headlines the last hour about north korea launching yet another missile. Very similar to what japan says happened on august 29th. No response from the u. S. Or china, but clearly theres got to be lots of phone calls happening in the scene. Therere getting news that are National Security council being convened with south korea and japan. The shows out and saying this is an unacceptable situation to have another missile test of of course we are waiting for beijing. We are waiting for any response from washington to claim responsibility after this kind of event. Threatening to sink japan, saying they were threatening to cast the u. S. Into ashes and darkness, all of this in response into mondays u. N. Sanctions. Tokyo. Go straight to chris, what has been the reaction of the latest in terms of the government response . Chief have had the secretary come out say the latest pub
Hello and welcome to daybreak asia. Interesting to see you in singapore now. You are all over the place. The markets are all going in one direction. By oneinto the trade hour, pointing to a higher open. But show the board where we ended up on friday. Another record run. The s p above that 2500 level. The dow and nasdaq higher. That is the picture in asia right now. Focus onabout the Central Banks with the boj and the fed going into that fed meeting, still under 50 on expectations of a move in rates. The focus is on the details of this Balance Sheet unwind. Thing is interesting we are focusing on geopolitics. ,e have campaigning in germany reports that there might be a snap election in japan. Kiwi dollar,d, the that will be tethered to the outcome of this weekends election. It is to tie to call. We are counting down to the open in australia and korea. Aussie futures up 16 points. Dollar Holding Onto Gains of . 80. In japan, a Public Holiday today, a chance for markets to them over the p
Regulation had choked off the bitcoin rally, the backocurrency has roared to life. I am haidi lun, coming to you hear from singapore. Betty i am betty liu from bloombergs Global Headquarters in new york. One day, bitcoin is dead, the next day, it is back to life. Make up your mind here on bitcoin. No recession at all when you look at the u. S. Equity markets. Let us will the boards here. Record run here, a. 5 years into the bull market, the sp hovering above that level. The dow higher by 63 points. The nasdaq gaining. 1 . As investors, the fed meeting on wednesday, and janet yellen this time, talking about quantitative tightening, right . Rolling back on the Balance Sheet. Haidi it is this idea that a quantitative easing has given birth to his 8. 5 year bull market as you say, it seems a little illogical or concerning that the market seems to see quite a bit of tightening. It is not going to have much of a negative impact. The big question going into the trading week was can the bulls