The drumbeats loader for rate cuts. Southeast asian leaders walking a fine line in the simmering trade war. We will bring you more from the meeting in bangkok and more with the Prime Minister of malaysia. Looking at how markets closed, it was a turbulent session not only because we saw the iranu. S. Tensions escalate but because futures and options expired on the same day on quadruple witching day. So at one point it was an intraday record high but then we thought ending. 1 down lower. Led by real estate firms. The dow falling. 1 as well after touching a high we have not seen since october. We had Energy Stocks gaining ground, the biggest on the s p 500 as we saw wti gain 10 last week on middle east tensions. At. Futures not doing much the moment. Lets see how we are shaping up. Sophie on friday asian stocks faltered but the benchmark managed to pull through with the best week of gains since january and this monday we have a lackluster start ahead for asian shares, kiwi under pressure.
Revealing more about the 10th anniversary iphone, apples most important new product in years. Welcome to daybreak asia. You, thewere showing devastation by Hurricane Irma as it made landfall today in florida. Bring up those pictures again of what it looked like an ft. Myers. Certainly very scary as the storm moves westward. We are tracking the path on our bloomberg here. Hurr , irma taking a different direction, more westward. The severity of the storm is continuing to decline. By monday at 2 00 a. M. , a category one storm. That may be why we have seen various estimates, including one reducing estimates of damages from 200 billion to 48 billions 48 billion. It is a movable feast, isnt it, as we assess that different kinds of damage to property. There are households without power and some may go without power for weeks to come. Some of this infrastructure damage will need to be built from the ground up. We will be talking to a Real Estate Developer with property in miami and get his ta
He said the failure presents an opportunity. Thinking like a billionaire. Definitely look at softbank shares at the open. On the merger talks. Looking ahead to President Trump arriving in seoul this morning. On the itinerary, he is going to be having a dinner. He could be visiting camp humphreys. He is not going to the dmz, which has been a long tradition for many u. S. President s. A lot hanging on this trip here. Betty a lot of bravado coming from trump and from monster sayoshisan. Maximumlking about pressure on the north korean leader. We heard that from shinzo abe as well. Earlier hadr guests mentioned, what does that maximum pressure, exactly, mean. It is still unclear at this moment. In the meantime, first word news. President trump heads to south korea on tuesday after a japan visit that delivered no concrete result on fixing unfair trade. Despite a warm relationship with shinzo abe, he won no concessions. Did agree on a hardline approach to north korea. President trump said he
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