Investors are awaiting the latest gdp data from china. Growthrg economics sees above 5 . And then just send a rv and dens historic victory. She is considering a new coalition. We have s p and nasdaq futures. You can see the and the view shirts are actually about a third, and they were pretty flat on friday. The s p 500 at 3483. The nasdaq took a bit of a beating. Was not the usual biggest day ever. Keepler sentiment helped stocks from really falling. Lets move to the oil markets. What we have here is an advance on the on the week shrinking u. S. Crude stockpiles. At what isok ,appening in the week ahead what are they going to do about their plans to cut production, boost prices. This is the big question as the week begins. Haidi lets look at gdp. The kiwi stocks are at 7 10 of 1 . Warre looking at a tug of situation. The aussie dollar rebounding ardens historic victory. She has a mandate to govern alone, but apparently this will continue. There may be an upside of half a percent. Incre
Am Kathleen Hays in york, welcome to daybreak asia, related stories this hour, monthly suggests the recovery is continuing. The Bloomberg Economic saying recovery above three point five percent. Nancy pelosi says a deadline for stainless steel well President Trump calls for a big spending package. Central bankers worn support will be needed for some time to come and new zealand stocks rise in the kiwi strengthens after the historic victory. Labor has the seats to govern alone, but she is considering a new coalition. Haidi taking a look at markets in asia we are setting up on a pretty cautious note when it comes to trading in the trading week here in asia, however we are looking ahead to Third Quarter gdp out of china with investors and traders came to see what the expectations were for this study growth were to continue. We are expecting numbers of about 5. 5 when it comes to economic expansion. This is our way of seeing into the first couple of minutes here in sydney just about two pe
Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. Lets take a look at the thursday session with sophie kamaruddin. Miers we are watching across the region following tho
Further. We are joined this hour by finance minister. The other big story today, lawmakers in washington take aim at the power of big tech. Saystitrust investigation they are abusing their dominant status. Australia coming online. Lets turn to Sophie Kamaruddin in hong kong with a checkup on markets. A two day rise, we are seeing pressure come through for the benchmark while the aussie dollar is testing that 71 popl after forming a double early this october. We are seeing action in the bond space. The front end of the aussie curb slipping with the three year yield falling as much as four basis points earlier in the session. This after australias updated debt issuance coming in less than expected. I want to highlight bhp shares. We are seeing the stock fall as much as 2. 3 this morning. Tesla bhp in focus be at flipping the board to check in on futures, s p eminis under pressure. The yen trading study but theres upward pressure on the stimulus deadlock. We are watching iphone makers aft
Finalizing a blank check operation around the frenzy. Haidi trying to take that winning streak into a seventh straight session. Retrading pretty optimistically. We are seeing gains about. 25 when it comes out the gate. The aussie dollar trading on the back. We are seeing gains for almost two weeks straight now ahead of the federal election. At kiwi dollar is sitting 37. We are seeing almost no change through the open. Have nikkei futures not doing much at the moment. Is at a oneweek high the u. S. Dollar dollar. 15 on year. E than from those that we saw in session. Operations restarting. Speak, theng, as we morning training trading has been lead due to the storm. We are talking about the Tropical Storm being upgraded to a storm signal eight. Options have been delayed. They will make a further later, but there will be no morning a warning isuch lowered. Dominating across the markets. Lets turn to tom mackenzie. We have been talking about trade tensions when it comes to australia. Haidi