Haidi welcome to daybreak australia. I am haidi stroudwatts in sydney where markets have just come online. Annabelle i am Annabelle Droulers in hong kong and we are counting down to asias Major Trading opens. The top stories this hour, asia is set for a week open ahead of key u. S. Inflation numbers. Fed officials empathizing data will drive the pace of Interest Rate cuts. Haidi earnings in focus in late u. S. Trade, paramount still swollen even as streaming subscribers beat the street. Snowflake melting down after its forecast missed estimates. Annabelle plus, bitcoin tiktokking 60,000, as etf driven demand triggers a bull run. Haidi all right, lets get you to the start of trading this thursday session as we get that staggered just creeping online when it comes to sydney stocks. Seeing a bit of a flat start to trading. Looking at the bit of a retreat bringing set up in the asian equity session. Both treasuries and the dollar strengthening ahead of the key inflation metric expert on th
Australia. I am in sydney where markets have just come online. I am in hong kong counting down to asias trading open and the top stories this hour. U. S. Stocks lose esteem near record highs as traders race for data and fedspeak. Treasury yields rising after options of two and fiveyear notes. Haidi tumbling 37 on lower asset prices and 1. 5 billion in writedowns. Annabelle and china calls on australia to support entry into a transpacific trade block at the wto chief called for reform to revive global commerce. Haidi a cautious session is what we are setting up for this tuesday morning. This is the start of the staggered session coming online. Woodside will be one of the last segments to come online in alphabetical order. Woodside profits sliding on lower prices. We are expect in a bit of pressure on how the stock trades today. We had the 1. 5 billion in charges with earnings falling a cross 2023 as production increased to a record. Taking a look across the rest of the markets, we are s
North Koreas Nuclear weapons are a reality and the button is on his desk. Hello, from sydney. Im haidi lun. We are one hour out from a just first major market. Happy new year. Happy new year to you. It is just past 5 p. M. In new york, still new years day. In this neck hour, we will take a look at how wall street action could play into the very first asiapacific trade date of 2018. Lets get a quick reminder of how u. S. Stocks ended last year. Ended in negative territory with the s p 500 down about half a percent. The dow about the same, losing about 100 points in the last 15, 20 minutes as traders try to close out the position for the year. Year to date through 2017, the s p,the dow, and nasdaq were up about 25 . Russell 2000, the was up about 14 year to date. Green across the board. Absolutely. Looking for fresh drivers as we go into the brandnew year, tax reform getting done. Interesting if trading does get underway in asia. It will be a truncated start because look at the markets t
Im haidi lun. We are an hour away from the open of australias first major markets. Just past 5 00 p. M. Here in new york. Im Ramy Inocencio. Heidi, looking at the markets on friday, you would have thought it would have been another down day with negativity, but look at that. We actually have green on the screen. Were going to get into why exactly. The rsi was headed close to 30, and that does trigger an oversold there. Possibly getting some resistance. Not exactly sure. Hop into the bloomberg terminal. While we are seeing some green on the screen, this the seasonality on the bloomberg best seasonality function on the bloomberg. Seasonality function on the bloomberg. He stx is down we are going to see if we can continue with that read in asia. Rading. Haidi we have a huge data calendar this week, not least indian inflation kicking off today and that fourthquarter number, which is expected to be an eighth straight quarter of gains. Is that going to be overwhelming when it comes to the se
Down oil and gas production. Haidi hello from sydney. This is daybreak australia. We are talking about the first major market open. Betty i am betty lou. This weekend has been quite eventful. Just what happened over the weekend with Hurricane Harvey, hurricane category four slamming into texas. The fiercest storm and 50 years. The worst hurricane since 2004. A quarter of the production now expectation is it will not hit the whole of the u. S. Economy but certainly texas itself. Lets get a quick reminder before all of that happened how stocks traded on friday. Watching with bated breath what janet yellen was going to say, she was on message friday. That meant the market did not trade that much, not a lot of volatility as we saw by the end of fridays trade, the dow up 30 points. The s p up 0. 1 . The nasdaq trading unchanged. We have a lot had this week including jobs data in the u. S. , likely to dominate the chitter chatter in the market ahead of the data on friday. That is a mixed ope