Way better numbers anticipated coming through. This is in yuan terms. March exports thought to be down 12. 8 . Official number suggesting they were down just 3. 5 . Imports year on year from 7 . 2. 4 . Ht increase of that is what we have at the moment coming through with the latest data from china and the department. Lets have a look at what else is going on. Hong kong schools have been closed since late january. Little hope classes will be resuming soon amid this coronavirus. They wonder there could be an exodus of students. Issue with thehe hong kong education secretary, kevin yeung. Kevin good morning. Did theseow long schools stay closed, secretary . Kevin it is difficult to tell. Health of our students is always our first priority. Are stillage we monitoring closely the coronavirus,f the whether the situation in hong kong and other places in the world, before we could finally make a decision when our schools could resume. What needs to change for you to actually change your policy
Acceleration in investment since june as industrial output eats estimates beats estimates. Could a firmer recovery be underway . Treyew brexit e. U. Chief pulls no punches on his First Washington trip, cautioning President Trump about protectionism and shortterm thinking. We spoke about him exclusively on resetting relations. The objective of the visit is to try to reset the relationship,t ry to understand each other in relation at the moment and find Common Ground with the United States. We started on a positive note. Matt barclays is cutting around 100 senior jobs across corporate and Investment Bank as the lender looks to rein in costs. Morgan stanley plans to 80 dozens of staff at its wealth business in asia. Lets look first at futures. Even after the new record we hit yesterday, were looking at gains in futures, and fairly substantial gains at that. Dax futures up 0. 5 . U. S. Futures, not the same size but the same direction, green a rrows on the nasdaq, s p and dow jones futures
Paul good morning and welcome to daybreak australia. I am paul allen in sydney. Annabelle i am Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery good evening from bloombergs World Headquarters in new york, i am shery ahn. The top stories this hour. Takes birthday in two weeks helps u. S. Stocks again as treasury yields go higher and argentinian experts in freefall as a government deals with the political outsiders shaking up the election race. Chinas property prices affecting the listed industry. Shery we meet a man who could be taiwans next president. He tells us exclusively how he plans to reassure voters and maintain peace. U. S. Futures coming online slightly higher in the asian session. This, of course, after we saw u. S. Major benchmarks gain ground, tech leading the gains. It was a lowvolume session, not surprising given that august is a slow month, but a small tin can make a big difference. The russell 2000 of smaller stocks fall into a on
Good morning and welcome to daybreak australia. We are counting down to asias major market opens. The top stories hour. Israels defense minister warns of a long war against hamas as u. S. Secretary of state Antony Blinken for further talks to deescalate tension. Those diplomatic efforts boosted equities. Sales of. U. S. Futures coming online in the Asian Session a little bit more positive, extending gains from the regular session where we saw u. S. Stocks and yields gaining ground. The s p 500 rose and we were watching the tensions in the middle east and the florio diplomacy that happened across the board. We are going to see if President Biden will make a trip to israel. Secretary blinken met israeli officials in the region. Every sector in the s p 500 gained ground. The two year yield was steady. The 10 year yield around the 470 level, as we saw the flying to safety easing in todays session. We saw a dip in oil prices. We had already seen the rally in oil last week. We are also watch
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