Welcome to daybreak asia. We are coming down to ages major market opens. Haidi the top stories this hour. The market searching for motivation as a tame u. S. Inflation report the case for a fed rate skip. A weak 30 year option. Alibaba returns to Revenue Growth across all major divisions define chinas define chinas economic woes. Bloomberg learns chinas market regulators will meet developers and financiers on friday seeking solutions to a worsening property crisis. Kathleen we are waiting for the Rate Decision from the banco ce ntral peru central bank. Expected to hold again even though inflation is falling. They did holder key rate at seven and recorders percent exactly as expected. We are going to be looking for messaging because Goldman Sachs had predicted they might cut their key rate today because inflation has had a nice downward trend lately. If not today they will do it at their next meeting. That is the latest from latin america. We will be waiting for any Additional Informati
Screen when it comes to sovere in asia. We were at 5 for the u. S. 30 year and have come off of that a bit. Is this the calm befthe storm before the u. S. Jobs reort . Dollar taking the back foot and trendous gains when it comes to the korean won, strengthenin someone present this morning. Asian fx, the dollarenback below 149 or so. Equity markets are certainly liking this news. You are seeing mostly green and gains of 1 in japan. Hong kong is a story with su chin them in this judge approving this restructuring plan, and maybe that gives more tailwind to the property sector today. Overall, breathing a sigh of relief. Rishaad you look at the green and it is quite something. Lets look at the open for bangkok, on the way up marginll. Perhaps some interest in the bas well as we have seen that appreciates, but looking at the s p, we have at the moment their plans in thailand to jumpstart their 500 billion economy with a mix of cash dous and loan moratoriums. We are lookat he likelihood we c
Shery you are watching daybreak asia live from new york, sydney, and hong kong. Haidi we are counting down to asias mamarket opens. Annabelle australia online. The market rocketing as fresh data has traders dialing back bets on another fed hike this year with treasuries rallying on the dollar steady. Il is falling the most in more than a year with signs of demand is structuring overshadowing opecplus efforts. Plus, the Biggest Health care strike in u. S. History. More than 75,000 workers walking out as ford announces hundreds more layoffs. On the inflation front, a good look at south korean cpr, a significant read. 3. 7 we are seeing when it comes to consmer prices advancing from a year earlier. T is really a significant pickup from 3. 4 in august. Economists we surveyed expected the right to get in at 3. 5 . 3. 7 was only forecasted by one econos we spoke to. This does potentially enforce the case for the bank of korea to eep policy settings higher tighter for longer. The bank of kore
Us joined school for him to return home. Hello welcome to out of their life and that is also coming out russia in the United States have stressed the support of u. N. Efforts to end the fighting in syria and maintain the countrys sovereignty. They almost lost canada but eleven pacific rim countries agree on the basis of a free trade deal. Breaking records chinas Online Shopping spree shows no sign of slowing down. Though its been exactly a week since the surprise resignation of the lebanese Prime Minister saad hariri which triggered a political crisis in lebanon ever since then theres been much speculation about the so. Consensus of his announcement in riyadh the french president emmanuel mccrone has spoken to lebanons president michel aoun about the Prime Ministers resignation the us has joined calls for him to go back home and the un too is calling for stability and eleven and warning that regional powers against using the country for their proxy conflicts now the lebanese president
Hello and welcome to the aljazeera news hour live from my headquarters and me as a prawn im coming out the next sixty minutes one week after the lebanese Prime Minister the surprise resignation from riyadh the u. S. Joint calls for him to return home. The United States and russia agree to move forward to find an end to the fighting in syria. They almost lost canada levon pacific when countries agree on the basis of a free trade deal. With all the base voters take full advantage of a replayed world cup qualifier against south africa theyre on the way to russia bet on other stories later in the program. Its been awake from the sudden resignation of promise to solve the trade in a political crisis and lebanon since then theres been an increase speculation over the circumstances leading up to his announcement and beyond that u. S. Has joined calls for him to return home the u. N. To is calling for stability in lebanon one of the Regional Policy against using the country for proxy conflicts