Social media reports to track spreading disease. Money toward a self driving startup. The race to bring self driving cars to the masses. Spotty recoveries but still a down day in the u. S. What are you looking at before the markets open up over there . Paul the virus inspired selloff does seem to be abating. New zealand is up, a reasonable balance after days of sustained selling. Futures in australia pointed toward another down day in the open. Keep rio tinto at the open. The worlds secondlargest minor. The guidance is unchanged. In see nikkei futures positive territory. Big day for korea as well. Think of korea decision day. Most economists see easing. Quick check of the currencies. The aussie dollar has a 65 handle. The yen continuing to show some strength. The aussie 10 year coming off those record lows. Emily as you mentioned, volatility, volatility, volatility. U. S. Equities traded near the close of the day. Reports on the widening coronavirus out rake as major indices and losses
And our extended conversation , with the ceo of qualcomm. Why he thinks 5g will change the way we do business forever. It is starting to feel like the Holiday Season. Americans got out their wallets over the holiday weekend, spending more than 70 billion on shopping over that fourday period. Amazon is gearing up for the heavy spending month by heading back to basics, testing cheap warehouses. That will let merchants to store resources near amazon delivery locations. It will let merchants avoid storing their goods in amazons warehouse base where they pay premium prices. To discuss, we are joined by ysomberg technolog spencer. What do we know about the new Service Called storage and replenish . Spencer we know they are giving this a try in southern california. Highlighted it nicely. The problem with amazon this time of year is it is always a race to create capacity. It has these expensive automated facilities with conveyor belts, robots shuffling things around. Those facilities are expen
Of it. Shanghai comp, for tens of 1 lower. A relatively good week for the asx. Other Asset Classes making themselves felt. Taking a look at what is going on with that. The 10 year japanese yield continues to trade below the zero level, which is the preferred boj level. We have a bond Program Announced att 5 00 p. M. Announced 5 00 p. M. Tokyo time. Reflective of it being near six month lows. Gold is pretty much stable. Nymex crude oil is up again. Bute down in the session, over the last 24 hours, moving to the upside. Back and looking at what is going on with regards to the opec plus meeting, another deeper cut in oil production. We have breaking data. Decision for sri lanka. They kept the standing lending rate at 8 . The deposit rate at 7 . That is pretty much unchanged. What is going on with some of the first word news. We have a man who has been relatively quiet. Kim jongun making himself heard today. President trump is facing a new challenge when it comes to north korea after the l
Are feeling the pressure. Our extended conversation with the ceo of qualcomm. Why he thinks 5g will change the we forever. Americans got out their wallets over the holiday weekend, spending more than 70 billion on shopping over that fourday period. Basics, testing cheap warehouses which will storemerchants to resources near amazon delivery locations. It will let merchants avoid storing their goods in amazons warehouse base where they pay premium prices. We are joined by spencer. What do we know about the new Service Called storage and replenish . Know they are giving ins a try and a try southern california. Ontario, california. With amazon this time of year, it is always a race to create capacity. It has these expensive automated facilities with conveyor belts, robots. Those facilities are expensive so it is not smart to use them for storage. Amazon needs to supplement the Storage Capacity for those facilities with cheap, plain old warehouse is nearby. They are kind of scouring the cou
And President Trump reits troops in afghanistan and says the taliban is talking about is talking again. Breaking data from south korea breaking data from south korea, industrial reduction from october not good, down 1. 7 percent and seasonally adjusted month on month numbers. The estimate was for a fall of just 3 10 of 1 , certainly a negative territory fall after the 2 hit in september. The numbers were in line in what economists were expecting of a fall of 2. 5 . Looking dire when it comes to Industrial Production and marrying what was saw and mirroring what we saw in the china numbers this week. What else can the bank of korea do in a policy decision coming out and about two hours . It seems they will hold after we saw two cuts already this year, but a lot of questions on how long they can actually pause when it comes to the easing cycle. More on that later on. We will have an economist join us in the next hour to count ton the bok decision, a lot look forward to including the forec