Haidi and it is just past 8 00 a. M. Here. This is daybreak australia. I am haidi lun. We are two hours away from the open of asias first major market. Ramy it is after 6 00 p. M. In new york. I am Ramy Inocencio. We will be setting you up for the asiapacific trading day. Good to see you here. A quick recap of how the markets closed friday here in the United States. They hugged the flatline, but day. Were harder during the investors worked hard to suggest what was happening from the u. S. To syria and what was happening out of florida. They will get more from president xi and president general trump. Haidi it was towards the end of the week where politics took central states. You did see the kneejerk reaction in markets in asia as well in terms of the meeting, but that gave up gains. Love look at the week, because it is big in terms of doing back to data. We have seen lots of details to paint out the macro picture from china and also on your side of the world to better flesh out the jo
The company at odds with with its auditor. Haidi janet yellen says the u. S. Economy is healthy and sees modest growth. Future rate hikes will be gradual. Rishaad and Money Laundering and human trafficking. Laredo allegations swirling around a casino on a remote u. S. Island. Week. Een away one lets take a look at whats happening in the markets. Lets take a look at whats happening with the snp. Suggesting, are we bottoming out . Are we seeing perhaps the start of a downside . It will be revealed with china and hong kong opening very soon. Haidi the biggest thing you might have missed, asia trying to work out the comments from yellen this morning, but certainly the issue what happens to asias debt when the fed picks up the pace. Chart. Look at this we talk a lot about chinas debt on the show, but theres a good reason for that. We have seen that balloon to gdp 260 of gdp. We know that the government has made a priority of addressing credit. You have to ask if that is a little too little
Earnings without auditor approval. Haidi united under pressure amid a storm of anger at a passengers forcible removal. Factory gate prices are due in half an hour. Right, lets get to what has been happening with United Airlines, the ceo under pressure after forcible removal of fat passenger from that United Airlines flight. His deepestoffering apologies for what happened and said the airline would review its policies by the end of the month. Lets look at the stock price. Nitially, a decline of 4. 4 it did recover. He did apologize for having to reaccommodate passengers, but did call that passenger that was removed belligerent. Well, that has been taken to task by experts. Telling us it was probably the most tone than death response he had seen possibly ever, it is as if they literally sat around and thought how can they make a bad situation worse you were too rated out of 10, a minus one. The other side of the story is how it is playing out in the negative way in the Chinese Market, ba
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 . James, thank you for doing this. James honor to be here. David you have an accent compared to me. Abn australia dont have an accent. You have an australian accent. I assume that is because you grew up in australia. James it is. After 30 years, i have not been able to get rid of it. David i am an only child and dont know what it is like to be in a big family. 11 children . James 12. David what was that like . James it was very noisy. Deal ofned a great empathy for others because you are in an environment where something was going bad every day in our household, and something was going good. David when your parents are producing new children regularly come it did you ever asked him what was going on . Not quite thoug
Months. Haidi the u. S. Rebukes plans for north korea following the weekend show of force. China urging coma on both sides. The lira jumping as president erdogan claims sweeping new powers, the biggest changes in turkey. Dump in ans data hour, looking at First Quarter growth, 6. 8 . Lets bring up this chart, 6839 showing the potential for further gdp growth looking ahead, the blue line indicating that target the government put andlace, anticipating 6. 5 2019, a six. 8 handle, but the data dump continues and we have industrial output, retail sales, and fixed Asset Investment, all of that out in 60 minutes. Not exactly the most surprising of indicators. We were expecting that 6. 8 for a Second Quarter, but the question is whether it is sustainable, and also at what cost good we had credit numbers showing momentum in terms of money supply, shadow banking still running hot and china, so we dig deeper into that within the next two hours. We are 30 minutes away from the open in china, that s