Estimates of 6. 1 . In october, and the fixed Assets Investment can in line with investments, a. 3 for january 8. 3 in january through february. There has been some discussion amongst economists as how much curbs and house prices would have on peoples spending power. We have in inflation data showing a pickup in consumer inflation but likely that will see through the month ahead. 1. 8 is a positive in terms of what color policymakers are trying to do. It is marginally above estimates. When we are talking Industrial Production, we talking cement, glass, autos. Were going to get a breakdown of each of those components plan to that number. What comes to asset investment, were going to have to break it down and see how much the public state will have to step up its spending, because we have seen the state having to take the place of the drive it sector, which has pulled back on some of its fixed asset investments. We will get some of those details in the next hour. In terms of policy maker
Cautious to neutral on the favorable riskreward. Cutting china to neutral. A quick word on taiwan, lower, but coming from that fourday s when it comes to semiconductors, and focus given to tech giants, strong earnings overnight. News aroundy, some this stock, shares snapping a thatay drop as we heard samsung is in talks with the Chinese Government to expand its mou may be and a signed this year. Rishaad thanks, sophie. Sophie kamaruddin there. First word news headlines, h aidi is in sydney for us. President trump witness the swearing in of Rex Tillerson as his secretary of state. Sawier, 5643 vote lawmakers split along party lines. Republicans supported the president s view that his background gives him the connection and skills needed to promote u. S. Interests abroad. A steadfast reminder to me as forter the responsibilities secretary of state, that as i served as president , i serve their interest and always represent the interests of all American People at all times. A spokesman fo
Options. In london, we have a packed show for you. And through the week. A lot of focus on brexit. First things first. Checking in on the markets. A selloff. The selloff of the riskier assets has eased some much. Best has eased has eased somewhat. The one i want to show you is rand. The president of south africa plans to fire his finance minister. We will keep an eye on the emerging markets and we will talk commodities as well. Rand the South African has slumped this morning after the president was set to tell the Senior Leaders of the communist party that he plans to remove the finance minister. That was according to three people who were at the meeting. A spokesman said the people were misinformed. The u. K. Brexit secretary david davis says the u. K. Will not cough up the sums of money that eu officials are saying it will need to to leave the block. Jeanclaude juncker says the to forecast set around 50 million pounds. The bill is set to be an early source of disagreement. Scottish f
This is bloomberg surveillance. Im Francine Lacqua in london. Another busy day. Five months on from the brexit. Chancellor were outlined measures to help workingclass families. The statement is the new governments first chance to shape fiscal policy since the decision to leave the e. U. We bring you the latest from westminster. How are the 19 economies of the euro area doing . We will bring in novembers pmi numbers. In fact, we are just getting them now. November manufacturing pmi rising a touch above forecast of 53. 7. And Services Also rising a little bit better than expected. Plus, donald trump and the fed. Sources saysam that the president elect plans to reshape the central bank filling vacancies within three m onths. 100,000 people are facing travel disruption with cancel flights after flailing to block a strike failing to block a strike on airlines. Well make sure we keep you uptodate with all the latest data. Lets get straight to first word news. Sebastian opec talks didnt resol