After the bell as it predicts a return to sales growth. Investors also liking the Dividend Increase and wider stock buyback. Haidi attention turning to fridays u. S. Jobs report for clues on rates and possibly a third japanese intervention this week. Annabelle plus, bloomberg reveals how blacklisted chinese tech giant huawei is secretly funding cuttingedge research in u. S. Universities. Haidi take a look at how we are setting up for this final friday session. It has been a petulant week both in terms of reaction to the fed, the big action we are seeing across pricing for the, but also a number of Public Holidays. Asian stocks are set to rise as really big tech those apple numbers set to lift some of those earnings of Companies Across asia. New zealand on the back in the early part of the trade. Chicago, nikkei futures looking pretty perky, about. 4 higher. We are also looking at when it comes to the next leg of what we see for chinese equities in hong kong, the a 50 china futures inde
Good morning and welcome to daybreak australia. Im paul allen and we are down to asias nature market oh. Asian stocks pushed for a week open with trade risks overshadowing the deal to avert the u. S. Shut down. Data showed factory activity picking up for the First Time Since march. A private survey indicates slowing expansion. Home prices showing strength in september driven by soaring demand read the rba expected to hold rates again on tuesday. And some breaking news out of the gates in australia. Bank pmis for september a a slight pickup, 48. 7 is the reading from the 48. 2 we saw in august we are still in negative territory but a strange trading day including australia. There is a pu holiday in australia. Dsx will trade as normal however we might see less volume tha usual. Elsewhere weve got the dollar below . 65. We are anticipating a weaker opg when we get going in australia. Futures are down by half of 1 at the moment read youve got new zealand trading, coming down to election da
To that 155 mark. The lookout for any Government Action to support local currency. Given the b oj is expected to stay on hold later this week versus a still hawkish fed, likely to stay week for now. Thats the state of play for japan coming online. Yesterday we did see that kospi rebound. Today a little firmer as well. A full week slump. The focus turning to earnings, sk hyneks is one of the key to watch. Ppi raising 1. 6 on the year. Broadly the take away from that is domestic inflationary pressures are calling on south korea. The Economics Team is saying unless we see a further rise in oil prices, weakening domestic price would keep cpi inflation numbers. Paul we just open for trade here in australia as well, we have a bit of a staggered open of course. That notwithstanding, we are better about one third of 1 right now. The aussie dollar showing a little more strength. Now 64. 5 cents u. S. Crude is interesting to watch as well. We started off the day with brent exactly at 87. This is
Haidi a very good morning and welcome to daybreak australia. I am haidi stroudwatts in sydney. We are counting down to asias major market opens. Vonnie good evening from bloombergs World Headquarters in new york, i am vonnie quinn. The top stories haidi thishour period President Biden says chinas economic downturn may reduce the risk of ai one as indias g20 submits its status as a rising power that can blunt beijings influence. Vonnie plus, alibabas former chief leaving the company just months after taking charge of its cloud division. Haidi we do have breaking news when it comes to this highly anticipated arm initial Public Offering, arm reportedly pricing its ipo width and a tradition of the top or above of the 150 dollars a share range, according to reuters. There are also discussing raising the initial Public Offering range. This is the chip designer owned by softbank group. It is closer to securing enough investor support to attain the valuation of 54 point 5 billion that it was s
Haidi a very good morning and welcome to daybreak australia. I am haidi stroudwatts in sydney. We are counting down to asias major market opens. Vonnie good evening from bloombergs World Headquarters in new york, i am vonnie quinn. The top stories haidi thishour period President Biden says chinas economic downturn may reduce the risk of ai one as indias g20 submits its status as a rising power that can blunt beijings influence. Vonnie plus, alibabas former chief leaving the company just months after taking charge of its cloud division. Haidi we do have breaking news when it comes to this highly anticipated arm initial Public Offering, arm reportedly pricing its ipo width and a tradition of the top or above of the 150 dollars a share range, according to reuters. There are also discussing raising the initial Public Offering range. This is the chip designer owned by softbank group. It is closer to securing enough investor support to attain the valuation of 54 point 5 billion that it was s