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
World headquarters in new york. The other big news we are hearing from sources telling bloomberg that President Trump has signed off on that trade deal, phase one with china, and also avoiding that 160 billion of chinese goods being given more tariffs. The plan was for this sunday, the deal could include agricultural goods, purchases from china, not to mention perhaps those existing tariffs also being lifted. Thats get the Market Reaction right away because japan and south korea are coming online. David ingles is in hong kong. What are you seeing . David if you took that and went long in the cash market on sterling or any of these as well, certainly, 13 514 whats your session high on cable. One thing to note on this as 2 wouldthing beyond make this the biggest drop since 2009 so these are quite substantial moves you are seeing. Lets flip the boards and have a look at the open across the region right now. Overall, asia is back to the highest level since august of 2018. I am guessing wit
Discuss ceo joins us to next weeks election the banks next weeks u. S. Election debates. Caroline digging in to how these events are heading the economy, their hitting the futures market. We are surging in europe. Up 2. 7 . What a momentous move we saw, the highest since june 1. Currently, where up north of my percent. Almost a percentage point higher. Guy lets talk about what the gmm until gmm is telling us. We talked about what the futures is showing. You can see that at the far end of the screen. As caroline said, the nikkei up it is dealing with that flat curve and the impact that has been having on the financials which seems to have been the main take away. The japanese yen is lower down. 8 trading at 102. 52. Front end of the japanese curve under pressure. This kind of steepening idea that may or may not work. We will talk about that. Certainly being talked about but look you can see futures in europe looking like they are going to be pretty positive. European equities are going
Indian Prime Minister Narendra Modi's alliance is heading towards a narrow majority as vote-counting nears completion. The BJP falls short, causing market turmoil. BJP's alliance may struggle to deliver desired reforms. Congress and allies, under Rahul Gandhi, lead in many seats, signaling a potential shift in political dynamics.