Welcome to daybreak australia. I am how he stroudwatts haidi stroudwatts. I am animal jewelers in tokyo. Annabelle droulers in tokyo. Jay powell again signaling rate cuts will happen this year. The fed chair suggesting significant changes to the capital plans fiercely opposed by wall street banks. Haidi struggling lender n. Y. C. B. Getting a vote of confidence. Annabelle chinas top economic officials defend their ambitious target and hint at a liquidity boost to help get there. Haidi lets get you straight to the markets. A pretty reasonable set up in asia and we have a bit of downside as we get into the first part of the staggered trading session here in sydney, about. 2 author straight into the middle of trade. We are expecting a rise across the region. Interest rates will likely fall this year. Theres been so much managing of excitation 10 excitations in terms of the timing and the extent of easing we can expect from the fed and we have seen some of that drastic repositioning within
A key test will be the u. S. Payrolls out later today. That will give us some indication of how high the risk is that rates will move up even further. We have the moon left from the promises and signals of support from chinese authorities. That is helping to lift the hang seng tech. Still sitting in positive territory up about 2 . If we want to look at some of the tailwinds or headwinds rather for the markets and risk assets in particular, take a look at the apple suppliers. After the iphone maker flagged those earnings and sales are declining for the Third Quarter. It looks to be more of the same for the current period. Not good news for some of the apple suppliers in the prices are coming down in trade. Lets take a look at what is happening in singapore. We did get one of the big lenders in the country, ocbc, reported a mess slightly on the income. It is flanking caution on the Economic Outlook though if you take a look at what is bucking the trend likely, intel has reaffirmed its gu
Well postponed motion to suspend the rules on which the yeas and nays are ordered or votes objected to under clause 6 of rule 20, the house will resume proceedings on postponed questions at a later time. For what purpose does the gentleman from South Carolina seek recognition . I move the house suspend the rules and report the bill as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 6544, a bill to advance the benefits of Nuclear Energy by efficient, timely predictable licensing, regulation and deployment of Nuclear Energy technologies and for other purposes. The speaker pro tempore pursuan t to the rule, the gentleman from South Carolina, mr. Duncan, and the gentleman from new jersey, mr. Pallone, each will control 20 minutes. The chair recognizes the gentleman from South Carolina. Mr. Duncan i ask unanimous consent all members have five legislative days in which to revise and extend their remarks and insert extraneous materials into the re
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The library gap is good to have you with as we begin with breaking news from the United States, the state of new Yorks Top Court today has over turned the movie mogul Harvey Weinstein conviction on 6 crime charges, including rate and a 4. 00 to 3. 00 decisions. The new york court of appeals room the weinstein had not been given a fair trial, said the judge who presided over the case and properly allowed testimony from witnesses. His accusations were not connected to the gates or they want to bring in. Now jason, capital one of your nbc news in by heart radio in los angeles. Jason, good to see you explained to us exactly why exactly has wind stains, conviction been overturn . So the argument has been made that the judge allowed testimony from sexual. This alleged Sexual Assault victims of Harvey Weinstein to testify in the case in new york. They had nothing to do with the charges that he was facing. And basically are calling it a hit piece on the winds, the name. So anybody who alleges