Rba on october and december. We have that bad aussie jobs number yesterday. Rishaad if you look at the headline numbers. Lets have a look at the markets. This is what we see now. The Central Bank Governor david the Central Bank Governor, just wanted to mention that. Rishaad of course. You have to talk about the philippine fed governor. David why not . Let the filipino do it. He will be coming up in eight minutes from now. He might bookmark it. Rishaad profiling, thats what it is. [laughter] rishaad lets move and have a look at the markets. Hang seng up to positive. Just below the gain line. Zhang line, signing up to the upside. Feeling that we may see Interest Rate hikes coming cuts, should i say, coming in october november. This is the position for the nikkei to 25. Up 5. 5 . Look at the topics. Doing rather well. Five straight weeks of gains for the broader market. Lets have a look at the constituent movers and take a look at these different Asset Classes and how they are behaving. W
Time now for global exchange. We bring you todays market moving news from all around the world. Joining us from hong kong is enda curran, from saudi arabia we have in dipaolo, emma chandra from london, and bill faries in new york. A chinese trade delegation calls off plan to visit to american farms, according to people familiar with the matter, but the chinese official says the cancellation isnt indication of a negative turn in talks, saying negotiations on the agricultural area went very well, and the two sides held throw in candid communication. Enda curran joins us from hong kong. Give us the latest. Enda it does sound as though signals from the chinese side are very much that they want to manage expectations on track that they are making some progress. We had the Commerce Ministry on saturday making the point that talks with midlevel officials were quite constructive, and colleagues in washington are reporting that the next level of trade talks will happen around october 10, when c
U. S. Officials say there is a lot to be done if the two sides are to reach a deal. Some of the biggest backers of Softbanks Vision Fund appear to be having second thoughts. We are live in san francisco. Shery lets get you started with a quick check of how wti crude is starting to trade at the moment. We are seeing a little bit of pressure, down 1. 7 . Still above the 60 a barrel level. This coming up to the biggest gain since february of 2009. 13 jump after those drone attacks on Saudi Arabia Oil facilities. Also at a time where we saw a decline last week of 3 . We continue to see this demand picture not so clear for the oil markets given the ongoing chinau. S. Trade tensions and the ongoing slow down of the Global Economy. At the moment, we are seeing a little bit of pressure from wti, down 1. 7 . In two hours, we will get you an update on how brent starts trading. We will take a look at how the saudi attacks are playing out of the oil market. Nasdaq Corporate Solutions director of e
Female liberal democrat leader, after decisively beating sir ed davey in a poll of party members. Now on bbc news live to singapore for Asia Business report. Iran tensions escalate. Oil holds is gains. India to billion dollar co living market, how the millennial s are changing the traditional concept ofa are changing the traditional concept of a home. Good morning asia, hello world. Glad you could join us. Lets start off with the Global Energy market and oil prices, as you can see, are basically sustaining their gains overnight. As a tensions with iran escalates, iran says it has arrested i7 spies who it says were working with cia and the sentence some of them to death. The suspects they say have been gaining information on the military and nuclear operations. President trump dismissed the accusations as a totally false. The tensions have escalated no doubt and probably the highest i can remember in two decades covering the oil markets but concern is probably not the word i would use.
Sachs. Weve got tech giants, and microsoft, plus dough laggard united health. Do you trade or fade these names going into the Earnings Report we thought wed kick off monday strong with a game of trade it or fade it. Monday, right out of the bat. Right out of the gate netflix, guy adami, trade it or fade it . Trade it, see that, you thought i was going to quiver. I think weve been steadfast on this my concern prior to the last couple of days, heres a stock thats gone from 250 to 380 in a straight line. The selloff the last couple of days has me somewhat encouraged. People are taking profits into the quarter. I think its wrong i think their International Net adds will continue to dominate and impress people all the competition talk two or three years away, the Stranger Things which ive never seen, apparently everybody is watching now. I think the franchise is strong. Yes, they have a debt problem. They have a huge mote. I think you buy netflix. You know what, im actually right with you h