This is Bloomberg Markets asia. Rishaad lets have a look at the big one. 189s bring up this chart, on the bloomberg terminal. What does the show . Unemployment rate. I refer to that because it is the big yoelater. At unemployment, Holding Steady at record lows, or decade lows, i should say. Seasonably adjusted. 4. 1 here. Wage, wet the annual ratehe unemployment go down. We go back to 2008, and wages are pretty high. Then, they plummeted at the Unemployment Rate went up. Around the 10 level. This is a fine line. Unemployment versus wage growth. More wage growth needed to engender some sort of inflation to take the inflation rate in the u. S. Higher. Likeng at that, something 8 30 hong kong and beijing time. Dont hold me to that. Im not sure. [laughter] haidi here in asia, it is pretty data light when it comes to the inflation. Reserves looking m at the impact. Global synchronized growth story. 30 minutes out from the open in china and hong kong. Singapore, thailand, malaysia, joining a
Korea. [inaudible] good afternoon. [inaudible] the president and the administration continue to monitor the situation in puerto rico. The United States, the virgin islands, florida, texas and all those areas affected by hurricanes or harvey and arma. Femas traveling to the areas today the president will be making a trip to florida on thursday. The president s action during these times demonstrate why hes a true leader who can bring the country together and get things done for the American People. He wants to continue building unity by working on more issue supported by both parties especially restoring fairness or broken tax code and cutting taxes for hardworking americans. Last week north dakota she invited heidi high camp on stage to welcome her during the tax reform event. Tonight he will host senator high camp and colleagues from both parties, senator steinle, hatch, manson, tim and julie to discuss working together to achieve real tax reform that allows americans to keep more of t
Soon got him wide awake. I want to be that excited about anything. Yeah. Do you hear that . Somebody heard something. Wait, did you see that guy with the hat, hes like, wait, you go first. What . No. I got your back, dog. Somebody nearby heard this the night before. But that lion was snared by something. Oh, hes wearing the right shirt, isnt he . Good eye. That is from trust zimbabwe. They are orchestrating this rescue and now they have to tranquilize it. So there you see all the residents standing around. And now park range rers trying to keep them back and trying to keep them quiet. Because once you tranquilize the lion, if the adrenaline starts flow, its less effective. Here they are with the big bolt cutters trying to cut the snare off. Its sad to see the animals trapped like that. You can see them stuffing something in the lions ears because the crowd is outside and excited because they want to see the lion up close. Whoa, okay and in this case, you feel bad for the lion because o
Pfizer is a to be close to buying a rival for around 14 million. Caroline manus, we are looking ahead to the market open. A bit of profit this monday, similar to what we saw on friday, the futures market signaling a down day in europe. All eyes are on central banks, on jackson hole, as we see that it is a day of dollar strength. Today we could see 2 10 of 1 being wiped off the euro stocks 60. Manus caroline, yes indeed. Lets have a look at that risk radar. Betterlar is bid, yen offered. Fischer signaling a 2016 rate hike is on the cards, less than a week to go until jackson hole. Dollaryen, you have movement. Very much this divergent policy, kuroda also indicating that the bank of japan wont hesitate. This is in a newspaper article over the weekend. Bloomberg, a 51 probability of a rate hike, up from last week. Keep an eye on your government notes. They get a twomonth high, oil indicates that it adds to the rhetoric of the bond market. Hedge funds cut their bullish bets by the most in
At this hour the clocking ticking toward the ceasefire deadline in ukraine. With under seven hours to go reuters is reporting seven servicemen have been killed and 23 wounded in the past 24 hours. And the sounds of shelling and gunfire can be heard in the eastern cities of mariopal and donestk. Nick paton walsh is in live in donestk. You have a bit of a close call. You had to leave your post a while ago because shelling was getting too close to you. What are you hearing there now . The shelling has quieted in the area we were four or five shells that landed reasonably close, but emphasized frankly, how much of a horrific time so many civil jans have been having in donestk the past weeks or months. We see daily the damage done by shelling. We saw today ourselves what one local said was a rocket that landed near houses causing a huge amount of debris thrown in the air, large rocks crashing through the bedroom of a 12yearold girl in one house. This has wrecked civilian live for months her