Beijing may finally be winning its war on smog. Plenty more on those stories over the next couple of hours. Calendar today is trade numbers out of china for the month of december appeared rounding out has been a year of significant recovery when it comes to chinese exports in particular. 5643. After the declines over the past couple of years we do see two years of decline followed by that recovery. We are looking at december, a 10 year on year rise when it comes to exports coming in dollar terms. Thats a little moderation from novembers 12. 3 rise. Imports looking to pick up significantly. The brighter spots in that. Continuing to paint a picture of synchronized global recovery. Such a stronghad base to come off of in 2017 we might be struggling to hit doubledigit numbers in 2018 for exports. Certainly there is also the cloud of trade tensions between the u. S. And china lurking ever in the background. We are 30 minutes away from the opening china and hong kong. Sophie, we were thinkin
The last ten minutes or so lets go to the fox news capitol hill senior producer chad pergram with the latest. What are we looking at . I talked to senator jeff flake who indicated they might get to the 60 votes. This is all the math. They need to get this 60 votes. This is vote not to reopen the government. If they get 60 votes the government will reopen. This will be a test vote, signal, indicating later today that the senate will vote on threeweek interim spending bill to open the government through february 8th. It will have to go to the house of representatives, what the house of representatives approved last week is different from this bill. More significant from senator flake is saying, we learned democratic senator from florida bill nelson indicated he is a yes. Let me go through the math here. They need 60 yeas. Senators flake and graham, they are now yeas. There were several republican nos the other night. So that gets you up into the low 50s. Mitch mcconnell had to vote no fo
Rishaad looking at the state of the markets, in flux in this part of the world. On wall street, equities ending a winning streak, and this time we cant point the finger at the bond market. Earnings are the primary culprit this time around. A major blow as it has really had some missteps taking on amazon. Haidi a pretty mixed picture going into the proper asian trading session that is underway. We are still watching the bond market. A huge week as u. S. Markets came back from president s day. We had a round of treasury auctions. Take a look at this chart. Pretty staidlly a session. 2. 9 ,year hitting about inching closer to 3 . Twoyear, twomonth and threemonth, they went up to rates we havent seen since 2008. Something of a litmus test in terms of how quickly and how disruptively these yields could rise. It is not how high the yields will go, but how quickly the bond markets will selloff, that will have implications. We will have that 30 minutes away from the open in hong kong. Singapor
We take a look at their global ambition. This is Bloomberg Markets asia. Rishaad looking positive out there, just seeing whats going on. It does seem as though chinese equity markets could be in for a positive year. The first trading date for the chinese new year, its positive. It leads to a positive year to follow. Look out for that one. Haidi astrology might be as good as any other indicator, technical or otherwise, to engage sentiment. The dollar off to a good start. We are 30 minutes out from the market start. Not much of a lead from wall street, just finishing in positive territory for the benchmark there. But the selloff suggesting we are when it comes to sentiment on higher inflation. Singapore, taiwan, and malaysia just coming online. Asian stocks set to end the week on a positive note as investors debate the impact of rising bond yields and direction of inflation. Stephen mnuchin offering more comments. Did a highlight this morning was japans latest inflation reads. It posted
Headlines well have more news fear on al jazeera after inside story next. This is really an attack on itself is a lot of misunderstanding of what free speech is supposed to be about the context it hugely important setting the stage for a serious debate up front at this time on aljazeera. And donald trump says America First is not mean america alone interests Business Leaders at the World Economic forum in davos but can a man whos promoted protectionist policies and scrap trade deals convince the world the u. S. Is open for business this is inside story. Hello and welcome to the program im Richelle Carey America First has long been one of the most common refrains of Donald Trumps administration yes president first used the phrase in his inauguration speech and hes repeated it over the past year in reference to political and economic policies so its no surprise that the phrase resurfaced in a speech at the World Economic forum in davos on friday but this time with the caviar of america f