Welcome to bloomberg daybreak australia. Markets have just come online in sydney. We are counting down to asias major opens. Stocks set for a weaker start after weaker u. S. Jobs data waiting for tuesdays cpi print. Japan is likely to escape a technical recession when we get a revised gdp but it may not convince the boj that wages are taking off. China is sent to wrap up an ambitious growth target. Take a look at how we are setting out. Pretty muted for the monday morning trading session. Australia just coming online. Asx climbing the most last week. We had a pretty good rally last week. And a little bit of a pullback with profittaking at the beginning of the session. We are hearing some revisions when it comes to more optimism on the macro scenarios as well as upgrades to the consensus on earning estimates. Australian bank stocks can keep rising against that backdrop. Take a look at the aussie dollar. 6619. The dollar declines we have seen. Especially benefiting the likes of the yen a
The white house rolled out the red carpet for south koreas president so cookie on yoon sukyeol, a six state visit underlying how important this guest is to washington. [singing] his ignorant [cheers and applause] nastasya american pie was far from the only thing on the menu, discussions are set to cover trade, security and geopolitics. The trip began with the signing of a new accord promising u. S. Protection for south korea against the threat of Nuclear Attack from pyongyang. So what will this declaration mean for the asiapacific . And what has the reaction. In . We will discuss with our guests, but first, we are taught through the details of the deal. Reporter a show of military strength underscoring a powerful alliance, as a u. S. President joe biden welcomed south korean president yoon sukyeol to the white house on wednesday. It is the first u. S. State visit between the two in 12 years, designed to project a united front in the face of increased missile testing by north korea, and
Office says israel will not prevent humanitarian assistance from egypt as long as its only food, water, and medicine. Truckloads of supplies have been waiting for days to enter gaza at egypts rafah crossing. Biden says egypts president has agreed to open the crossing and allow 20 trucks through. Gaza residents have been left without power, clean water, and food since the fighting began. And a deadly blast on a hospital on tuesday has pushed the humanitarian situation to the brink. The World Health Organization says 25 medical facilities in gaza have been damaged in the past 11 days. Gaza Authorities Say at least 470 people were killed in the explosion, and it was caused by the israeli air strikes. Biden says u. S. Intelligence backs up israels assessment that a failed rocket launch by islamist militants was responsible. Russias foreign minister Sergei Lavrov is visiting poeng yong for the first time in five years. Hes meeting his north korean counter parts for talks expected to focus o
Then we would understand the burden we p put on the backs of small businesses. A couple things you would see in my bill not our plan is immediate expensing that accelerates the path of more Resources Available immediately for small businesses. The secondo say thing you would do is cut taxes. We did that in 2017. 2017. In 2017 that was one01 of the three wee believe this at the point and you can watch it in full cspan. Org. We take you live now to a forum looking at the use Korea Alliance. It is being hosted by the center for strategic and International Studies you will hear from secretary of state Antony Blinken and maryland senator chris van hollen. You are watching live coverage on cspan2. The cree Foundation Fred kempe is here dash that weve had this conference and its always been for me to highlight and is always been very important probably never as important as it is this year when you think that everything that is going on. Weve got, well, we dont really know whats going on in c
Then we would understand the burden we p put on the backs of small businesses. A couple things you would see in my bill not our plan is immediate expensing that accelerates the path of more Resources Available immediately for small businesses. The secondo say thing you would do is cut taxes. We did that in 2017. 2017. In 2017 that was one01 of the three wee believe this at the point and you can watch it in full cspan. Org. We take you live now to a forum looking at the use Korea Alliance. It is being hosted by the center for strategic and International Studies you will hear from secretary of state Antony Blinken and maryland senator chris van hollen. You are watching live coverage on cspan2. The cree Foundation Fred kempe is here dash that weve had this conference and its always been for me to highlight and is always been very important probably never as important as it is this year when you think that everything that is going on. Weve got, well, we dont really know whats going on in c