Falling away, parttime jobs 11,600, 49,000n parttime jobs created. The Participation Rate rising to 64. 8 , but another weird set of numbers. Intact,nd seems to be the parttime job creation still same strong. The figure argument is where is the wage growth. Paul we have those numbers as well. Still stagnant at 1. 9 on year, heroicat below the assumptions for wage growth that underpinned the austrian budget. Are to beumbers believed, the employment picture adline figure better than expected, andy aussie dollar popping above 74. 39. Thanks, paul. Breaking news out of china. Property prices for april. Tom mackenzie is in china. These are not going down. It. It does not look like we are waiting for the overall number. We are still waiting for the price rises. Details from beijing, shanghai, and shenzhen. Beijing, house prices of 22 point 5 in april, year on year. For april, house prices in shanghai of 14. 2 year on year for april. Shenzhen, house prices for april up 6. 7 year on year. Mont
Report, worsening loans as a major issue. America,even without is there hope for the tpp . Bloombergs live in hanoi. Well, equity markets did shrug off the scandal surrounding the white house, and donald trump denying any ring going on, saying it is a witchhunt. 8522, increasing frustration amongst the people being polled about what is going on with indeed donald trump and his popularity. 53. 1 is his disapproval rating. We go into the 40s when it comes to his approval rating. That is the lowest on record for a president in office for as long as he has. Its not playing out that great with the people polled here. That is one way of looking at it, but equity markets, well, went haidi you can see that playing out. Even though you did have the president saying it is ridiculous to say he did anything that would warrant an impeachment, we did see a prevailingt in asia, when it comes to sentiment. 30 minutes from the open and china and hong kong. Shery to it over to see how things are doing.
Discussed 8 00 a. M. We are two hours away from the open of asias first major market opening for the trading week. Betty it is already after 6 00 p. M. On sunday evening in new york. We are kicking off to what will week ony adventurous wall street, a lot of focus on President Trump who has wrapped up his trip to the middle east, on to israel, or in israel soon and into italy. That will likely be the key event investors are watching for. Also watching for economic numbers coming out including housing in the u. S. Lets roll up what happened on friday as you were enjoying the weekend in asia. You did see quite a nice rally, sort of a bounceback in the dow, the s p, both of. Up. Still on awork losing streak, given the big tumble we saw. This as markets certain to price in the uncertainty from washington. We will see. This will be a key litmus test for how investors will absorb continuing uncertainties out of washington. Haidi that is right. It feels like we continue the misadventures in th
And, asiapacific trade ministers concerned about rising protectionism, but no mention of it in their postsummit statement in hanoi. The start of the brandnew asian trading week. It is all about oil. We are fast approaching that meeting in vienna. The markets have pretty much priced and that ninemonth extension. Latest over the weekend, we are hearing that saudi arabia saying all opec producers are up for this extension. Take a look at this chart in terms of where Price Expectations are going. That front month the vti with the nearest expiration contract, converging at 50, so whether the news has 10 baked in or there is further upside when it comes to that oil price, even if we get that extension, and the flip side of that story is where u. S. Shale production goes from here, because the biggest opecion has not been producer sticking to their end of the bargain as opposed to whether their efforts are being undermined by increasing levels of u. S. Production. We have seen u. S. Inventori
Positive start. European equities were solidly bid on friday. This morning, where is the action . The pound softening up, 1. 2 991. We will talk about the dollar throughout the program. Jamie dimon pretty positive on the u. S. Right now. Has the market gone too far . The consensus trait seems to be negative dollar. Lets show you what else is going around the world. We will bring you the stories out of brussels, the greek twoyear not the most liquid story. Overnight,idly bid something to Pay Attention to as well. The commodities continue to be fascinating. Watch the chemicals sector at the getgo. This huntsman transaction could have action elsewhere. Heres haidi lun with the update. Haidi guy, thanks. In saudi arabia, u. S. President donald trump has told arab leaders that the war on terrorism isnt a fight between different faiths. He also called on middle east allies not to wait for u. S. Help to crush terror groups, and assure terrorists find no sanctuary. It was an attempt to ease co