That is after that lackluster session on wall street. Divisional benchmark stalling after a fourday the regional benchmark stalling after a fourday gain. The nikkei future five on the retreat. Front, had on the data japanese retail sales showed a presales tax hike boost in september. That may further encourage the boj to hold fire as domestic demand has been holding up. The hun sen is under pressure as investors have to consider this. The hang seng is under pressure after investors have to consider a weak economic future. Checking on the aussie. Third quarter inflation met estimates. The yuan is holding losses. The chile trade deal being signed. The pound is going nowhere. That continued delay on the traderexit and picture, that has pushed volatility near an alltime low. Pricing markets are seemingly and into the shocks. Lets go to first word news. Kongsstart with hong chief executive carrie lam. She says the nearterm outlook for trade and dismal. She says the economy grew. 5 percent.
Planet prepares for its World Cup Final in england or at least players are their favorites against south africa at the springboks played abit of running out weeks in japan. On level rocket surgery to have you along everyone turkey and russia have launched joint ground patrols in northeastern syria the operation as part of a deal struck by the countries to force kurdish fighters out of the territory near turkeys border while the patrols will begin within a 10 kilometer zone along the border the step marks a new major power shift in syria a month after President Donald Trump would drew u. S. Forces from the area im joined now by our correspondents that yulia han in istanbul yulia 1st off what are these patrols about what are they trying to achieve. Well the deal that you mentioned there between him. And moscow struck last week provided for the withdrawal of Syrian Kurdish fighters some 30 kilometers from the Turkish Border now ankara considers these fighters as terrorists so it was a con
The aussie market doing ok despite some not great news from the pmi, which we can look at now. Contractiong seeing on the manufacturing side of things. The has helped to bring bulls out for bonds suggesting we see another Interest Rate cut coming through from the reserve bank. Things inso got other play here as well. 10 year yield, three basis points down. Below 1 again. That facility will not be ready to operate fully for months. , after that 20 billion worth of Corporate Tax cuts designed to stimulate the economy. Nifty futures pointing upside as well. Could be adding to that huge gain. Biggest lift up in indian equities in a decade. There we have it at the moment. Now. the renminbi right off by looking at the chinese currency. Theres nothing much happening but that is the story. Or are we looking at Something Else . Guest no, you are right. On the surface they are not big moves today. It is interesting that pboc fixing today. Four pips higher for dollar yuan than friday even though
Its our call of the day. Investment committee is ready to go. Halftime report starts right now. It is great to have you with us to kick off the trading week. Joe, jim, steve, jenny, and adam. Stocks scratching out small gains here edging closer to new highs despite new concerns about the health of the Global Economy. And we begin with this seemingly calm market. It seems, folks like we are in a little bit of a news vacuum. We dont have trade talks for a couple of weeks and earnings season kicking off for a couple weeks. What do we do now . You seem skeptical, melissa. Shouldnt you not trust the calm i think the better question is for how long can you trust it to me and i have been consistent with this for a while, it all teeters on china. I dont think you should expect any news which is good for the markets right now. I dont think you should expect any news for two weeks because october 1 is the 70th anniversary of the communist party in china. I wasnt invited. Look, theyre not going t
A weather pushing across northern parts of england pushing in scotland Northern Ireland as well some plaster showers too just rattling across scandinavia towards the Baltic States central areas looking fine and dry warm sunshine down towards the southeast corner and remain the case as we go on into monday by monday a few showers across northern parts of spain weve had a few showers across northern parts of algeria recently quieting down here as well as we go on through the next couple of days for the high 31. The letter sponsored by catalona is. Told to aljazeera. What guarantees will be given to the people who will be attending the minimal workshop we listen im supposed to explain apologize for someone who is also terrorizing me we meet with global newsmakers and talk about the stories that matter just 0. They want you got to see it on a mind of our top stories busy this hour u. S. Secretary of state my own peo has accused iran of direct involvement in saturdays drone strikes on some