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fascinating conversation and content out of those interviews. can t wait to see them all. i amme to daybreak asia, haidi lun here in sydney. betty: i am betty lou at the global headquarters in new york. before we get to the great therviews, a recap of markets. we sell the dollar gain, oil markets higher, oil touching above the $50 a barrel level. that led to stocks rising. let s pull up the board to show where markets closed. the dow added on 40 points. s&p gaining. the nasdaq higher, as well. we continued to digest lots of news in the u.s. we will be watching economic numbers that are key for the market. haidi: we spent so many days talking about the weather, north korea, geopolitical risks. we are now focusing back on monetary policies and the macro environment. check out how we are setting up ahead of the data. new zealand, trading sideways, up 1/10 of 1%. the kiwi dollar at .7252. the dollar rising for a third day, expectations that may be a fed rate hike in decem ....
[no audio] [applause] good evening. excited to be here with you all thank you for coming. and thank you for hosting this here in your facility. we have a set of questions that we have set up for rob and we will open up the floor and we will ask some questions. from a timing standpoint. economically we just head jackson hole and second quarter second-quarter gdp numbers working a little bit better. from a human and social perspective it s an unfortunate time our sympathies and prayers go with the folks in houston. i m sure your comment about some of that later on. looks get straight get straight into it. we will talk about the u.s. economy and then we will go to global economy and the monetary policy let s start off with u.s. economy. what s outlook for the next three have in five years? our own forecast is that for the year 2017 the u.s. economy should grow approximately two and a quarter% not great by historical standards but certainly sufficient in our view to ....
this is just under one hour. un. [laughter] [no audio] [applause] good evening. excited to be here with you all thank you for coming. and thank you for hosting this here in your facility. we have a set of questions that we have set up for rob and we will open up the floor and we will ask some questions. from a timing standpoint. economically we just head jackson hole and second quarter second-quarter gdp numbers working a little bit better. from a human and social perspective it s an unfortunate time our sympathies and prayers go with the folks in houston. i m sure your comment about some of that later on. looks get straight get straight into it. we will talk about the u.s. economy and then we will go to global economy and the monetary policy let s start off with u.s. economy. what s outlook for the next three have in five years? our own forecast is that for the year 2017 the u.s. economy should grow approximately two and a quarter% not great by historical stand ....
joins those voting against the bill. drama turnsip another page with apple urged to jump ship and change sides. there is a sickness going around. no, it is not what i had over the weekend, which was the flu. really took the market s down today, the big tech shares, but it lifted another portion of the markets. i want to pull up a chart for you guy. you guys. g #btv 4698. it shows small caps, which has been the laggards all throughout the year, now starting to see some life, some of the life fangg out of the stocks. yvonne: a different kind of flu. i am glad your feeling better, betty. some of these stocks that have suffered the most this year doing quite well. safety trade dragging things lower. those demand concerns over the iphone 8, certainly weighing on the whole sector overall. not a good lead up to asia shares this morning. kiwi, we are continuing to see weakness after that surprise in the new zealand election outcome. despite the weakness we have seen, we are s ....
in the customs union. now on bbc news, all the latest business news live from singapore. the bank of japan the bank ofjapan meets, as things go from bad to worse for corporate japan. we discussed the problems, and what needs to be done. and the of south korea s election, we hear from whistleblowers in the culture of corruption which roared down the president. it is wednesday. good morning, asia, hello, world. glad you could join us for asia business report. i am you could join us for asia business report. iam rico you could join us for asia business report. i am rico hizon. you could join us for asia business report. iam rico hizon. we you could join us for asia business report. i am rico hizon. we start with japan, and companies there are making headlines for all the wrong reasons. fuji has delayed its most recent earnings report after discovering accounting is regularities, and toshiba is restructuring its business after the colla pse restructuring its business after ....