Return to growth. Results expected to confirm a 60 drop in operating profit rate and south korea Industrial Production for the month of june, when it comes to the seasonally adjusted monthtomonth we are seeing growth of 0. 2 . But still growth recovery from the contraction we saw in the previous. Estimates ofssing growth of 0. 3 . The number for may has been revised to a smaller concoction that it was thought initially, to a contraction of 1. 3 from a. Yearonyear, it is a bigger contraction than expected, a contraction of 2. 9 . The estimate was for a fall of 2 . It would mark the second consecutive month that the year on year gauge is in contraction for factory outputs and south korea. So both numbers missing estimates. The bigger fall is on the ronyear number from 2. 9 of 2. 0 . A down cycle in the Semiconductor Sector weighing on the economy. We are getting export numbers later in the week. That is also expected to contract for eight consecutive months. Already the first 20 days of
To decision by ab inbev do can its ipo has major implications for the hong kong market. Shery lets look at how markets closed, another day of record highs with the s p 500 closing above 3000 and the dow reaching 27,332. We had tech and industrials leading the gains. Energy stocks gaining ground as crude rallies on potential impact from Tropical Storm barry in the gulf of mexico. Seeing the nasdaq up. 6 , u. S. Futures not doing much. We saw data last week showing u. S. Producer prices gaining more than expected. Still u. S. Stocks managed to rent at a record high to end at a record high. We have japan away on holiday. Sophie looking at asian futures, they are looking mostly higher but sydney looking to open lower at the start of cash trade. Japan is offline, busy start to the week. We have chinese gdp and a bunch of activity data from the mainland. Stock markets flashing Warning Signals on the china composite with the worst week in two months on friday. We will gauge reaction to the ne
President trump is wrong. Under the constitution, i had no right to change the outcome of our election. He needs to talk to the January 6th Committee. Its taken him 13 months to admit the undeniable. And as the Winter Olympics begin in beijing, Human Rights Abuses are in the spotlight. The Chinese Government is Holding People in Concentration Camps and also glorifying the modernday slavery. Plus were following new developments on the future of Queen Elizabeth and the royal family. Im pamela brown in washington. You are in the cnn news room. Great to have you with us on this saturday. We begin this hour with the Republican Party coming out of a buzz saw of dramatic events compressed into 24 hours. Former Vice President mike pence delivering his most forceful rebuke to date of his old boss, calling out donald trump and his lie that pence was in power to overturn the election. And there are new images of the violence energized by the big lie that the election was stolen. The Justice Depar
President trump is wrong. Under the constitution, i had no right to change the outcome of our election. He needs to talk to the January 6th Committee. Its taken him 13 months to admit the undeniable. And as the Winter Olympics begin in beijing, Human Rights Abuses are in the spotlight. The Chinese Government is Holding People in Concentration Camps and also glorifying the modernday slavery. Plus were following new developments on the future of Queen Elizabeth and the royal family. Im pamela brown in washington. You are in the cnn news room. Great to have you with us on this saturday. We begin this hour with the Republican Party coming out of a buzz saw of dramatic events compressed into 24 hours. Former Vice President mike pence delivering his most forceful rebuke to date of his old boss, calling out donald trump and his lie that pence was in power to overturn the election. And there are new images of the violence energized by the big lie that the election was stolen. The Justice Depar
President trump is wrong. Under the constitution, i had no right to change the outcome of our election. He needs to talk to the January 6th Committee. Its taken him 13 months to admit the undeniable. And as the Winter Olympics begin in beijing, Human Rights Abuses are in the spotlight. The Chinese Government is Holding People in Concentration Camps and also glorifying the modernday slavery. Plus were following new developments on the future of Queen Elizabeth and the royal family. Im pamela brown in washington. You are in the cnn news room. Great to have you with us on this saturday. We begin this hour with the Republican Party coming out of a buzz saw of dramatic events compressed into 24 hours. Former Vice President mike pence delivering his most forceful rebuke to date of his old boss, calling out donald trump and his lie that pence was in power to overturn the election. And there are new images of the violence energized by the big lie that the election was stolen. The Justice Depar