Talks as the edge towards a deal. Pboc warns of challenges ahead and warns of a slowing economy. Arabiasouth saudi lowers its target for saudi aramco ipo, but it is still expected to be one of the biggest in history. Australian markets have kicked off trading. Lets turn to sophie for what to watch. Sophie aussie shares are slightly higher by about. 1 after a twoday gain. 50 points shy of a record high we saw back in july. Altogether we are setting up for a mix to start potentially an agent given that hong kong remains a point of concern as the city faces yet another week of potential disruption. Nikkei futures in chicago swing to the downside this morning. Iecking on currency moves, want to highlight the pound is gaining ground early. This, after conservatives pledged to back Boris Johnsons brexit deal if the election goes through, if he is elected. The highest level since november 3. Aussie benchmark bonds holding study, continuing to climb after the best week for aussie 10 year bonds
Radical new look and power train for the mustang name plate a one on one with ford ceo jim hack et coming up. Saudi aramco falling short the company out with a new valuation thats less than investors were expecting as Worldwide Exchange begins right now. Good morning welcome to the show im dominic chu in for Brian Sullivan. Here is how your money and the Global Markets are setting the day up after the dow closed 28,000 for the First Time Ever on friday breaking above the key level just in the last few moments of trading on that day you can see there the time lapse of the moves this morning, stock futures indicating the dow will open up slightly higher. The dow is coming off its longest win streak since february the s p seeing its longest win streak in two years at that stage. As you can see the dow jones up by another 40 points if these gains hold into the opening bell, the s p up by 3 points and the nasdaq up by 17. If you take a look at the overall picture, also bonds a key focus as
Foreign purchases. We have the first public impeachment hearing testimony revealing the president s lawyer was digging up dirt in his shadow diplomacy in ukraine. Howi lets take a look at we are setting up when it comes to the start of trading here in sydney. Investors dealt a pretty mixed hand overnight. Stocks closing pretty close to fresh record highs. Still, uncertainty over the lingering trade negotiations continuing to chip away at sentiment. We are hearing potentially the agricultural purchases that had been a solid part of the phase i deal could be in doubt. China reportedly saying if these tariffs are not resolved, they could back away from purchasing more u. S. Soy and pork. Taking a look at the picture, just about 1 10 of 1 . Watching the labor market numbers, typically quite volatile, could be a move in the aussie dollar. New zealand, upside about 1 10 of 1 after the reserve bank of new zealand held on rates for their last meeting of the year somewhat unexpectedly, causing
U. S. Rate. I just hope that the department can be aggressive and forward leaning in partnering with the delegation and utilities to solve the problem. Its not a gas problem as you know, and i think its going its going to take an all of the above kind of strategy in terms of permitting and its a really urgent problem for the region and i assume you agree with that. Yes, in fact, the very first field hearings we had for the qer were in new england driven by the gas pipeline issue and the representatives of all six governors were part of that meeting. Frankly, the remarks made were such that the governors felt they, you know, were going to have this under control, and would take care of it. In fact, i understand that next year in 2016, that there will be a substantial expansion of capacity taking gas into the boston area through there but further north is a challenge. There, i dont know how this turns out, and happy to work with you, senator king, and the well, this is a problem of our s
Channel which i understand would open up the channel appropriately. I can go back and look again if youd like. Thats my understanding at least. Thank you. Secondly, the mox facility in charleston, South Carolina dr. Savannah river site. Theres a recent line at the Aerospace Corporation gave unfavorable to the project and out of line from reports from army corp of engineer and suggested another 30 years to completion opposed to eight years its taken to get so far depending on who you speak to. I think aerospace has 50 contractors say 65 and any thoughts on that one . I what experiences does the Aerospace Corporation have on the projects . Thats the first question, and, two, can we have transparency to assumptions because its a complicated project. Assumptions mean everything. Were happy, by the way on the last part, to have completely transparent briefings, what wed like to do on that, and the Aerospace Corporation has been a contractor quite frequently to the nsa part of d. U. E. In te