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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20171112

Hello from sydney where it is just past 9 00 a. M. We are one hour away from the open of asias first major markets. Seemed like everything was for sale during singles day. Just after 5 00 here in new york. Another busy week of course. The last leg of President Trumps two were in asia. One of the big movers is expected to be alibaba. Just a reminder to our viewers of what happened on friday, we ended that longest winning streak in u. S. Markets since 2013, an eight week long winning streak ended on friday. Nasdaq and dow down, much unchanged. Some of the biggest tech shares were among the biggest losers on friday. This week will bring a lot of news including economic reports come inflation. It will be very key before the fed decision next month. Haidi absolutely. Doesnt move the needle when it comes to that december move that is very highly anticipated. Looking here in asia and in a subdued set up, the s p seeing its first negative week since september. Trading is underway already for t

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20171112

Over 25 billion. Betty i think i even read somewhere that discounted at lobsters were for sale for singles day. Everything was on sale. It is going to be another we have had a whopper of the week last week, it will be another busy week. I want to point to one very key report that will be happening here in the u. S. , that is the cpi, the Inflation Report on wednesday. Right before that we have ppi. What traders are saying is this is the last Inflation Report before the fed makes its decision next month, so it comes in either too hot or too cold, that could have a Significant Impact on the fed and their decision. Lets take a quick look at this it is just a bloomberg chart i pulled up here, it shows specifically how the yield curve has been flattening out. We seem to be on this particular expected rate hike path. Futures are showing over an 80 chance we will see a rate hike next month. If wer, as i mentioned, see a really wacky Inflation Report, that could pull back expectations. Yvonne

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Coalition partners intact

Coalition partners intact
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Maru calls for arrest of former MP

Maru calls for arrest of former MP
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Change of govt imminent

Change of govt imminent
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