Well. It is important to remember that june did coincide with the weeks price for iron ore so far this year at 50, 55 per ton before recovering to 65 a time later in the month and coincided with the beginning of this strength in the australian dollar. Of the austrian dollar, it is slipping, though not enormously so. A bit of a miss for the june trade data, 856 million. Rishaad thank you so much for that. Thats get it to sophie at reactionlooking to that and the pmi number. The dow puts in an alltime high and it is acting as a headwind. We are seeing investors shrugged off enthusiasm. Equities and currencies under pressure and the region. , ande stocks falling. 2 pressure on the aussie dollar has not subsided given that data out of sydney, falling. 5 . Chinese stocks extending wednesdays losses, down about. 1 . Snapping ang threeday rise, down. 3 . We are seeing investors curb enthusiasm as the rally in hong kong could be due for a pause. We do have the dollar rebounding slightly from a
The global underperforming coming from the nikkei, closing down three for a percentage points, catching up with dollar yen. Switch up the board and we would get to the fx market. We it is a weaker dollar story on the euro. That is a yeartoday high. Just coming in a little bit following where crude is going down by. 6 of 1 at 45. 66. Lets get across matt a couple of them are the stories we have been watching all weekend long. Yesterday afternoon is when we found this out, right . It feels like yesterday afternoon was the whole weekend for me because i took friday all the way to sunday. Halliburton, baker use baker hughes calling on their merger. The second and Third Largest oil service on sunday, the plan company jon baker hughes is planning a. Uyback they have that 3. 5 billion to play with now. David so much for the speculation they would be investing in technology and being more competitive. Lets buy back some shares. Megan 3. 5 billion coming back was always hugely controversial in
Of perus forests. The last olympic medal was in the 1900 games. We meet with frances cricket team. Petro portioning coast says his country is a long way from peace. Ukrainian forces and prorussian separatists are expected to lay down their weapons. After negotiations european leaders were cautious about the deal they brokered between russia and ukraine would stick area the agreement is fragile because the ceasefire needs to be implemented. If there are difficulties, we are not ruling out additional sanctions. Diplomats have scheduled sanctions. What matters most of all is actions on the ground. Vladimir putin needs to know that unless his behavior changes, the sanctions will not be altered. Washington took a backseat seat in the negotiations. No u. S. Observers were there. The white house says they will roll back sanctions if the terms of the agreement become reality. Lets cross to joshua, who is standing by with more on this. 16 hours of talks have led to a peace agreement. It does fa
We dont have trading in tokyo. It is the emperors birthday. John, good morning. Japan is closed or the emperors birthday today. China stocks are gaining. Apple as well and also foxconn part of that. Japan is closed. U. S. Gdp better than forecast. More details on what is happening as far as asiapacific stocks. Lets get back to our top stories. Apple finally signing a long awaited deal to get iphones sold through china mobile. Stephen engle is our china correspondent and he is in beijing. This is a long time coming. It is a pretty significant deal as well. X years six years worth of negotiation coming to fruition. Accessll give apple to access to customers on chinas biggest wireless at work. China telecom corp. The china apple have been offering since about 2009. Telecom has offered it since march of last year. The big stumbling block for apple and china mobile has been mobiles insistence to have apple make a handset that could be used on the Homegrown Technology that china mobile was f
From our studios in new york city, this is charlie rose. Our fundamental interest is democracy, the rule of rights, human rights and ukraine. It is about setting the country on a democratic half for the future. We begin this evening with the unrest in ukraine. Ofhorities seek the arrest ousted president Viktor Yanukovych for mass murder. He is believed to be on the run after he fled his palace over the weekend. Through Ukrainian Parliament has that been to fill beat phil the power vacuum. The collapse of government in ukraine as seen as a strategic setback for russia. President Obamas National Security of advisor said the move would be a grave mistake. Joining us is john herbst. Charles is a professor of International Relations at Georgetown University and a or counsel of the i am pleased to have all of them on the program at this critical moment. Fiona hill, i begin with you. Wel d like where are right now, how did we get there, and where are we going and what are the risks . Did this