Bullish. Ty the kiwi also in focus today. Saying theng through belowill avoid it dipping . 60. Trading indian futures and showing a move to the downside. Reflected in the session on friday when we saw a move to the downside again. The rupee holding on to some of the strength that we have seen and that is down to the decision, the surprise decision not to do anything about Interest Rates. There, 6. 6 . Ing up one rate cut had been factored in and it did not transpire. Let us find out what is news. Ing first word su the latest on japanese gdp. Japan moved faster than expected. Ratedl investment was higher. 1. 8 in september. Much quicker than the initial reading of 0. 2 . And three times as much as what the commoners were expecting. Continued strength in business investment. Downplayingt is recent missile tests in north korea saying the north Korean Leader is too smart and has too much to lose if he acts in a hostile manner towards the u. S. The envoy said talks on denuclearization are o
Confidence today, will add to the debate. Nejra welcome to bloomberg daybreak europe. The market moves we have seen overnight in asia have certainly faded on that brief optimism in terms of the u. S. And China Holding a phone call that we hear went well. They are continuing to talk about phase i. Msci asia pacific index still integrate. Hong kong underperforming still in the green. Hong kong underperforming. Gold unchanged. We saw all three u. S. Benchmarks hit record highs in yesterdays sessions, s p 500 index, dow jones, and nasdaq. Futures not giving us a lot of direction. The 10year gilts continues to edge up 10 year yields continue to edge up. The yen hit a two week low but dollaryen steady now. Onto the top story. The u. S. And china have agreed to stay in touch to resolve remaining issues to get a deal. Incomes after a phone call early this morning during which the vice premier, robert lighthizer, and treasury secretary Steven Mnuchin discussed core concerns. Meanwhile, Goldman
President trump is expected to sign the bill into law. Jay powell saw elevated threats including Global Growth and trade. Sophie macro uncertainty over trade in hong kong certainly looming large, given what we stocks. N so far in ozzie shares opening to the. 1 after being tracked lower wednesday. Aussie bonds are climbing for a Third Session tracking the rally we saw in treasuries overnight, to flatten. Ontinued the move to the downside while treasury futures a fourthing a bid for straight session. All itsstronger against peers. Checking in on what is going on im actually looking at the terminal right here because i wanted to show you it is testing the 100day moving average, some that level. We are hearing google is changing its political add policy, limiting audience targeting. We know twitter has been political ads on its platform. We know facebook has not, but we google will no longer allow political advertisers to target voters because of political affiliation. The company said it
Rbf and barclays to follow. Today, we hear from the cfo of Software Giant sap. Welcome to bloomberg daybreak europe. Has described Boris Johnsons situation this morning looking at a fruit tree but unable to eat or drink anything. He is going to try and put a meaningful vote to parliament today. Speculation is he may have those votes by just 16 in terms of that amendment. And then we look ahead to this week. If we get a vote, we asked whether it will pass. Optimismms to be some in the market. Sterling is softer today but the drop of. 5 , nothing compared to the gain of 5 this month. Votef them saying a was passed this week. , credit of strategists agricole, we could see 136 in the mediumterm. One week volatility staying elevated near the 2016 highs. Manus. Manus that is the conversation we had yesterday. He said a lot of the risk is in the Options Market, not in the spot market. Hard brexit risk runs for the rest of 20 20. Even if he gets a deal over the line because he has a lot of tra
Plus huber, mcdonalds and under all fall on earnings. A it is decision day, a Bloomberg Survey is 100 certain rates will be kept at hold. Markets have opened for trade. Any he stocksouse are faring. Is undere dollar pressure up a 10th of 1 with bond yields higher. A largely anticipated hold. The aussie dollar reversing a to . 70. A move lets get a quick check on futures elsewhere. Futures hitting gains and a little change for the japanese markets as they reopened there. The cost could snap a threeday event while kiwi shares are extending mondays gains ahead of vika data from the region. Ocbc, the Bank Reporting at 1. 7arter income billion. Thirdquarter net income coming in at 1. 17 billion. We are seeing the Interest Income coming in at 1. 6 billion. Income at just over one billion singapore dollars. Thirdquarter allowances for loans and other assets coming in at 179 million. See,e expecting to particularly when it comes to wealth related assets, seasonal benefit when it comes to hong