Smartphone sales. Details about the beijing security law. Shery this is quite a reversal from the deficit we saw in the previous month. We had seen south koreas current account falling to deficit for the first time in about one year but the numbers have recovered and we are seeing a rebound with our current account surplus topping 2 million. When it comes to goods, the trade surplus coming in at 2. 5 billion for the month of may. This is quite a recovery given that we had really fallen to the lowest level since 2008. Good trade surplus numbers. A much better than expected number out of south korea when it comes to the current account surplus and also the goods trade surplus for the month of may. Lets see how markets are trading at the moment. We are seeing now nikkei futures unchanged. Same for u. S. Futures. This after we had stocks here in new york jumping following the holiday weekend. We had seen five sessions of gains for the u. S. Now unchanged at the moment. The japanese yen Hol
Across the americas. Texasa sees a record as says covid19 is spreading at unacceptable rates. The u. S. Raises the pressure on Chinese Media organizations, foreigning four more as missions and calling them nothing more than began to outlets. Shery lets get you started. We are seeing u. S. Futures kicking off trading flat at the moment after u. S. Stocks rose. A pretty choppy morning session but technology did manage to lead the advanced. The nasdaq composite rising to a record high, seventh consecutive session of days. The longest winning streak since december. We did get some negative sentiment on rising coronavirus cases in dozen states. The s p 500 did lag this gain across the board. Some sectors like financial and health care under pressure as investors weigh the Economic Impact of a second wave. Take a look at what oil is doing at the moment. Wti right now falling towards the 40 a barrel after finishing at the three month high. We have some demand optimism as states have moved tow
If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. Energy has been under pressure. If you are at the bank of korea looking at this, you have to think this could raise pressure for the bank do something at their next meeting. Gdp coming in for the Second Quarter at percent. Prior, 1. 1 . A small difference, not superstrong. Yearoveryear, 2 . Probably considered enough for the bank of korea for now. That number will catch a lot of attention. We will see how markets react. Lets look across asian market. You can see the red on my board. Asian tradin
John kelly met with their mexican counterparts. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Am Alisa Parenti this is bloomberg. Cory this is bloomberg technology. Taken apackard revenue 10 dive and of the stock with it. We will break down the First Quarter warnings earnings bid arnings. And putting money into pin drop. It is clear hitting a stride after a record Fourth Quarter qamar interview with the quarter, our interview with the ceo. But first, a 10 fall in revenue for hewlettpackard. And shares down to about 6 . Billion andat 11. 4 it probably up 267 million, unchanged from a year ago after loads of acquisitions. Now the Company Offering a week profit forecast for the Current Quarter and fiscal year. We have our guest host for the hour, as well as the chief Research Officer aat idc. What happened . What you are seeing is this is a company that has really cut and cut. And is extremely lean in terms of overall expenses, s
John kelly met with their mexican counterparts. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Am Alisa Parenti this is bloomberg. Cory this is bloomberg technology. Taken apackard revenue 10 dive and of the stock with it. We will break down the First Quarter warnings earnings bid arnings. And putting money into pin drop. It is clear hitting a stride after a record Fourth Quarter qamar interview with the quarter, our interview with the ceo. But first, a 10 fall in revenue for hewlettpackard. And shares down to about 6 . Billion andat 11. 4 it probably up 267 million, unchanged from a year ago after loads of acquisitions. Now the Company Offering a week profit forecast for the Current Quarter and fiscal year. We have our guest host for the hour, as well as the chief Research Officer aat idc. What happened . What you are seeing is this is a company that has really cut and cut. And is extremely lean in terms of overall expenses, s