Moving lower. And republican president ial Candidates Campaign in iowa evover the weekend, but trump faces an indictment over his attempts to overturn the 2020 election loss in georgia good morning welcome to street signs. We have big down trades from asia today Chinese Markets in focus we are watching the hang seng down 1. 5 . Knikkei is down 1. 3 . Investors are focused on all of the commentary from the chinese Home Builders and the issues with the bank loan data for the month of july. Lets get to jason ong who is joining us with more color of what is happening with the overnight markets, jp. Reporter good morning. It wasnt the start of the trading in asia. We didnt have much to go on it was a lackluster handoff from wall street and catalyst and data release to chew on. It is a concern of the chinese Property Market which is keeping people risk off in the part of the world. No one is falling off a cliff. There are losses from the hang seng which will close in a couple of minutes. You
That thats really got us going this morning. Yeah, its this its on the front page of your sensational soaraway star, rise of the soaraway daily star, rise of the sun psychos. This is a 45 sun psychos. And this is a 45 of brits. Yeah have what they call weird sandwich combos. Im worried about this. What are the combos . Well, the top of the list is. Well, theyre saying a baked beans sandwich, so not baked beans sandwich, so not baked beans on toast. You know, the old favourite, but a sauna packed of beans. See that packed full of beans. See that all out . Thatd a all fall out . Thatd be a nightmare eat. I dont know nightmare to eat. I dont know if the beans were hot, id be quite up for that. Love a baked beans. And i love a baked beans. And then you had a nice farmhouse then if you had a nice farmhouse loaf. Yeah. Okay. On board loaf. Yeah. Okay. Im on board with but the mechanics with that one. But the mechanics of then the of that work, because then the crust keep the content in. Crus
Breaking news at 6 00 a. M. On the east coast, special counsel jack smith indicting President Trump on four charges of obstruction of justice related to the january 6th capitol riot. The former president now facing an unprecedented three indictments for his cases on storing classified documents, falsifying Business Records and now defrauding the federal government. All of this coming just one day after hunter Biden Associate devon archer told the House Oversight committee that joe biden participated in at least two dozen calls with foreign Business Partners, contradicting joe bidens claims. The doj doing little to slow down any momentum in the Trump Campaign as the New York Times, Sienna College poll puts donald trump in a dead heat with joe biden in a hypothetical matchup. Everything you need to know this morning and what else is coming all morning long. First, markets are in the red, fitch has downgraded the United States Credit Rating to double a plus, thats down from triple a statu
For all the stocks. Looking at where the aussie dollar is, 65. 7 two cents. when it comes to ethics. The yen holding steady. Brent crude is just shy of 84. The energy names across asia, concerns continue to weigh on the demand side for oil looking like we are setting up for the weakest week in Oil Prices Since february as u. S. Inventories way and i miss concerns about opec policy of maintaining their stance, impacting these concerns about supply and demand in the market, belle. Annabelle yes, and also we have at the start of trading for korea, as we come online this morning. Japan is shut for the public holiday. We are posting gains at the open. A bit of curry on one strand. The dollar having its weakest session overnight a bit of strength for the korean won. What is playing into the theme for korean equities and was can play into the sea is that apple numbers. Lets look at how the some of those supplier stocks are coming online this morning. We saw the jump in late trade in apples a
Public service along with these other television providers. Giving you a front row seat to democracy. Next up next nearest state officials testify on migrant campsite National Park service land. They pose the recent approval of a field in brooklyn by new yorks governor to be used as a temp or a site to house migrants coming into new york city. The committee will come to order without objection that shares authorized to declare a racist at any time. The committee is meeting today to hear testimony on destroying americas best idea, examining the bite administrations use of National Park service land for migrant camps. I ask unanimous consent all members testifying today befy allowed to sit with the committee, it give their testimony participate in then hearing. The gentlewoman from new york and the gentlewoman from new york additional we have got the gentleman from new york and mr. Texas, mr. Pflueger from texas. Without objection so ordered. Under Committee Rule any Opening Statements a