Acrimony. Washington says it is disappointed with its partners attitude. Yvonne a busy day for us. Lets start off with breaking news from south korea. Unemployment numbers at 3. 7 for the month of september. That is bang in line with estimates and slightly lower than the 3. 8 we saw in august. That was due to the weather conditions that impacted the construction sector. Things looking steady when it comes to the jobless numbers. The big news today is going to be how asia is sandwiched between two speeches with president about tax reform a couple minutes ago, and president xi at 9 00 a. M. Hong kong time. With President Trump, people are waiting to see, does he give us details . My things set yet in congress . Eager to hear about tax cuts, what they might be. At least we do not have to wait long. Yvonne i love how our live team calls it the calm before xi and trumps speech. We see records on wall street, despite that. Kathleen but shortlived. Cost 23,000. Riefly United Health care and j
Regulations. Going public. Saudi arabias oil minister says a full aramco ipo is on track for 2018. A very warm welcome. This is bloomberg daybreak europe, our flagship morning show. I am anna edwards. Matt and i am matt miller in berlin. We are getting headlines of fourthquarter net sales at 2. 1 billion. Also seeing fourthquarter gross margin around 44 . Just a couple minutes ago, came out with this net sales for the Third Quarter. That is the reporting quarter. 2. 45 billion, beating the estimate. Margin,arter gross 42. 9. It is the forward numbers that matter and make a difference. Fourthquarter outlook of sales for 2. 1 billion, gross margin of 44 , and it sees fiscal year net sales at least 25 higher than they were last year. Anna. Anna other breaking numbers. Chemicals and coatings company, akzonobel, reporting numbers for the Third Quarter. The Dutch Company exiting the chemicals at the moment. It has been a tough 12 months. We had a profit warning for them which adds to the com
Win sunday. That would be a show of support for his attempts to revive a slumbering economy. Kathleen i am Kathleen Hays in new york where it is just past 7 00 p. M. Thursday. Treasuries rose and the dollar fell on reports President Trump is leaning toward Jerome Powell to be this the head of the fed. Yvonne it is looking to be more like an easy win for shinzo abe on this sunday election. The latest poll we saw, the Ruling Coalition said to have the best election outcome in decades. More than 31 years. That was facing opposition in disarray. The party had was losing hopes in the past couple weeks. Kathleen i guess that is one reason donald trump wanted to make sure everybody knew he would get this fed chair selected before he takes that very important trip to asia. He will have a lot of important business to attend to. The way the polls are looking, it looks like congratulations to abe on a victory. The question will be, what kind of momentum and support this to continueminister with m
Sydney. Welcome to daybreak australia. We are in our away from the opening of the markets. Good morning. For thegood morning japanese Prime Minister, shinzo abe, and looks like he might get a super majority going into the elections. Upsaw nikkei futures going half a percent. The yen at seeing the lowest in half a month. 114, getting close to the 113. 90 is where were at. Abesexpectations that gamble has paid off, and looks like he is secure the super arerity, and the markets interpreting continuity when it comes to this ultraloose Monetary Policy, as well as flexible fiscal policy. Lets get over to yvonne man, who is in tokyo. Victory byis is a default. Were there any surprises . Pretty much deja vu again. Forcing a split to what we saw in the 2014 election, but it is a potential come and looking more likely to be a landslide for shinzo abe, with the 465 seats for grabs. We are seeing the ldt and its Coalition Party coming out with 460 five. Out of the a close second, a little bit of a
It is just past 7 00 p. M. Sunday. Janet yellen defending her time in office as the race narrows to three. Messagenistration has a to those who trade with iran, you do so at your own risk. No surprises. We tend to think japanese elections are a snooze fest, but marketse year and the get it right this time. Pretty much what we would expect. The yen weakening, down. 3 , continuing on with easy Monetary Policy through abenomics. We will take a look at the knock on effect for the next 34 years. Time to bringect in our next guest. She is a former boj policy board member and voted against the negative Interest Rate policy back in 2016. Thank you so much. Your initial reaction to this election . Some were saying this was a victory by default. A lot of divisive issues leading up to sunday. Was this election about nothing . It was already anticipated and no surprise, but this abeumption tax hike, decided to do it has scheduled, but will change the allocation to children and education. This timi