Inflation unexpectedly slowed any third quarter. It could add to signs that the rbnz could deliver more stimulus in the coming months. Rishaad we are at the moment drifting. Lets have a look at what is going on with some other Asset Classes and benchmarks. Bloomberg dollar index pretty much unchanged after gains overnight. 10 year yield, very little going on. Still 85 basis point. Hang seng up about. 4 . Shanghai lurching slightly lower. We do have this headline. 9. 9 i posting near 10 , rise in revenues between january and september. They came in at 671 billion yuan. That is huawei coming out with numbers. But really, we are just sort of drifting, arent we . Juliette we are indeed. Lets get a check now of the first word headlines. Stimulus negotiators in washington say they are moving closer to an agreement with nancy pelosi, saying they are just about there on a relief package. The speaker says she and Steven Mnuchin are close to agreeing how to allocate funds while letting schools r
Officials estimate 20000000 americans have been infected with corona virus 10 times higher than the confirmed cases in. This field here is the cry of those who have never been. Trying to reform the police after protests against racism the bill is passed in the u. S. House of representatives but is unlikely to become more. Iraqi Security Forces have raided a base for longing to an iran backed Militia Group 10 rockets were seized and at least 13 members of hezbollah were detained including commanders armed members of the group are demanding their release some out of alton has more from bank that. The read on the tide has been the base in a southern neighborhood of baghdad was carried out on thursday night by the Iraqi Counterterrorism service in an effort to create and impending rocket attack on the green zone and Baghdad International airport both of which houses the u. S. Troops now discounts in the wake of several such attacks 6 to be precise which have occurred throughout the month s
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.
A crop. And criminal networks. Welcome to news asia its good to have you with us we start in india and the iconic bridge in kolkata that became the scene of tragedy a dangerous underwater escape that went horribly wrong indians. Who called himself the wizard mandrake said he wanted to revive interest in magic by replicating by a trick under the bridge. He was tied up with a heavy rope and steel chains secured by 6 locks he was then know what by krien into the Hooghly River. After 10 minutes. He still had. To the horror of onlookers which included members of his family rescue teams are mobilized and yesterday they found his body still in chains washed up a kilometer from where he entered the water this was of life is fast underwater stunt and he knew the risks. Even i mean its a brilliant river it will be very hard to open the not some locks but i will open them and if i do that its magic if not then its tragic and hes going to live a. Prophetic almost did a local respondents song i fou
A profit warning on declining demand for business jet engines. Good morning this is bloombergs surveillance. Im guy johnson in london with tom keene in new york. Good morning, tom. Is whats got me going rollsroyce we are seeing this across many industries, but it started yesterday with macys in new york, truly disappointing. Then it comes over to this rollsroyce, the engine maker. There is a set of corporate pauses, and that is what is got my attention. Guy well talk more about that later. Tom, we have a great show lined up. Lets get to the first word vonnie quinn is in new york. Vonnie good morning. In iraq, kurdish fighters tried to retake his many cities retake sinjar. The major objective of the assault is to cut off isis supply lines. Last year they surrounded the city. It led to the first u. S. Airstrikes. The next round of talks on syrias civil war resume saturday in vienna, and russia is proposing a political transition that would last up to 18 months. According to a proposal ob