Hours. Haidi tencent buys a 5 stake. Rishaad coming clean, President Trump rolls back Climate Change, saying he is ending the war on coal. Looking forward to 1 30 p. M. Brussels time when the clock will start taking on britain leaving the European Union when the British Ambassador to the European Union hands that letter signed by theresa may to donald tusk. That is the start of a twoyear period of negotiation later today. Haidi thats right. Two years of no doubt contentious negotiations. What will it mean for sterling . 1. 36 for theey see pound, but a very big if counting down to that brexit trigger day. We are 30 minutes away from the open in china and hong kong. We have had this risk on rally on the table with a blowout Consumer Confidence number out of the u. S. Will that trickled through when it comes to the asian session. Lets get it over to sophie to see how we are faring. Sophie we do have stocks outside japan advancing, building on gains for a second day, stocks in sydney lead
Just leave it this way. Alright. David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . , lets talk about your background. Your father was a stockbroker. Out with some background in this area come up and did you ever consider going into banking . Jamie i knew more what i didnt want to do. I don didnt want to be a doctr lawyer. I grew up around stockbrokers and wall street. My dad, who passed away recently, you should try this. Get the end or report, rip out the price, analyze it, and you will be humbled, immediately. Do it a couple of times. I was always in the financial i went to business school. I didnt have to go to the financial world. It is fascinating. They are global. You get involved in so many policy issues. I would have had just as much fun building something
To extend its surge. That is helping those Energy Players today. We are seeing copper higher by , and auminum up by. 4 good gain in steel as well. A switch out of gold, not function, the gmm but an indication we have investors not to worried about risk. We are the stocks watching, Lg Electronics having its biggest drop since february 27. Trading boy them is double the 30 day average. It is still falling, a day after samsung launched its new phone. Takeda pharmaceuticals up, its vaccine has triggered immune responses, and you can see dulu of the worst performers as we saw a downgrade saying the gain is unwarranted. Lets look at the off shore renminbi, some movement there. Weakenhave the pboc the fixed today, and they did open Market Operations saying there is enough liquidity. Rish. Right, lets get to first word News Headlines and find out what is going on. The ousted korean President Park geunhye is in court as judges here arguments for her arrest. Aosecutors are seeking warrant over c
Guns, a significant improvement from the february number, that is that pmi data the one more looked at . 51. 8 is a good number. The last time we were this high , higher than 51 point eight, so a near fiveyear high for the manufacturing index. It points to the moderate increase in manufacturing sentiment. In february, 51. 8 now in march, 51. 3 in january. It backs up the early indicators , satellite manufacturing index, 51. 8. Rishaad it is strange how this nonofficial data tracks. It is actually backing up the state numbers. Yes, they may be accurate. It is from the National Bureau of statistics. In march, the numbers in the pmi upwards because of the distortions from the Lunar New Year holiday. Aberration, but a positive sign for authorities trying to put some stability into this economy. Were speaking to some clever people at the Credit Suisse conference. What is the general consensus of where the chinese economy goes from here . Is it all being managed . Again, its not the most exc
Is daybreak australia. We are two hours from the first major market open and the start of a brandnew quarter. Yvonne it is after 6 00 p. M. Here sunday in new york. We will be looking at how all of the action in wall street will play into the asiapacific trading day, and just a reminder of where we closed friday, while you were enjoying your weekend, the markets were still on board. You can see we closed pretty low. You saw a significant drop in the last hour of trade reflecting the nervousness of the market amidst all of the economiccal but also events, the s p down 0. 2 , the points,ed fell 65 off 0. 3 . This week will be another big one in the u. S. And around the world. You are mentioning how we are awaiting the meeting of President Trump and xi jinping, but jobs numbers will be out on friday. This is for the month of march. I want to take a step back. No april fools here on how far we have come down in our jobless rate. If you look at this, it reflects actual jobless claims which