Thursday, the hong kong democracy drama takes a new turn. Backing the protesters. Retaliate,tened to if he did. The yuan also fell. Boris johnsont conservatives will win a healthy victory. A quick shery a quick check of the market. Japanese yen the strengthening. Still at that 109 level. This is after six sessions of weakness. The longest losing streak since 2018. We are seeing some of that Risk Appetite reading with u. S. Features also losing ground. How the kospi trading is down half a percent. The korean won has been weakening against the u. S. Dollar, and we continue to see so we do have the bank of korea policy decision on friday. I have to say that the aussie dollar is under pressure. Keenly stocks are up and rising for a fifth consecutive session. Lets get the first word news with su keenan. Strengthened as a poll suggested the conservative party might win a majority in the next election. Boris johnson is morning that aere could be there is real chance of no overall victory and
That bill in terms of the prodemocracy protesters. The Indian Markets looking like this, future suggesting a flat start for the session. Take a look at what happened,. 5 to the upside, since x likewise. The 10 year yields, one eye on what is going on with gdp. Growth comethat that would be the slowest rate weve seen. 71 rupees, the rupee has been the worst performer amongst andn emerging currencies part of that could be done to the weve had robust inflows of the greenback into the economy. Lets wait for that open but before that lets get to the first word news in new york. Were going to start at the u. K. Were starting strengthened as a poll suggested the conservative party may win a comfortable majority in the months u. K. Election. Hassurvey of 50,000 voters the tories winning 359 seats and the others 211. A top aide to Prime Minister Boris Johnson is warning there is a real chance of no overall victory and things are much tighter than they seem. The latest fed survey of the u. S. Ec
Particular pressure early in the session, but paring some of those losses, down by about 0. 3 right now. We had seen the pound gaining on the back of those polls i mentioned in the headline, but that seems to be shortlived. Now we see a fairly flat pound. 1. 2916 is where we trade on the u. K. Currency right now. Lets check out a bloomberg first word news update. Heres leighann gerrans. Ighann beijing told the u. S. Ambassador to quit meddling in hong kong affairs. The chinese also warned the bill could affect cooperation in important areas. The u. S. And china are in the midst of negotiating a trade deal. The white house is pushing to wrap up negotiations on a new trade deal with mexico and canada. The agreement known as usmca has become President Trumps top legislative priority. The administration and House Democrats have been locked in talks for months to secure a vote before the end of this year. Democrats want more enforcement of labor issues. Both mexico and canada say there has
Afghanistan. Both sides want a ceasefire. We areake a look at how shaping up for trading on the final trading day of the week in asia. We do have one market up and running, new zealand, trading for about an hour now, currently higher by 0. 5 , continuing to hover around record highs for the index. Sydney is poised to open higher as well. Futures currently up by 0. 4 . Different story elsewhere in asia. Y akei futures, weaker b little more than 0. 4 . The kospi is looking flat as well. We are expecting a fair bit of data out of japan and south korea today. We will break that as we get it. We will provide analysis as well. Lets get a little more on the markets now. Theinued speculation that reserve bank of australia will be delivering more stimulus. Shares have hit another record. We have the final policy decision for the rba due next week. Our next guest says it is three rate cuts in six months that will supercharge the markets. The chief Market Strategist of investment joins us now of
And President Trump reits troops in afghanistan and says the taliban is talking about is talking again. Breaking data from south korea breaking data from south korea, industrial reduction from october not good, down 1. 7 percent and seasonally adjusted month on month numbers. The estimate was for a fall of just 3 10 of 1 , certainly a negative territory fall after the 2 hit in september. The numbers were in line in what economists were expecting of a fall of 2. 5 . Looking dire when it comes to Industrial Production and marrying what was saw and mirroring what we saw in the china numbers this week. What else can the bank of korea do in a policy decision coming out and about two hours . It seems they will hold after we saw two cuts already this year, but a lot of questions on how long they can actually pause when it comes to the easing cycle. More on that later on. We will have an economist join us in the next hour to count ton the bok decision, a lot look forward to including the forec