Ticking. The u. K. Must make its position clear. Yvonne guilty of corruption, the brazil inquiry. We have world coverage on daybreak asia, we are live in brazil to discuss the fallout from the conviction of former president lula on corruption charges. Betty stateside it is all about Janet Yellens testimony. We will have full reaction within the next few hours. This is daybreak asia, live in new york. It is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. One and done for Janet Yellens testimony to congress. The focus has been on the fed inflation outlook. It was uncertain according to her. Someone, thete janet yellen market knows that she is back. According to how investors are interpreting this. Betty they sold some divisions. They will still continue on this rate hike path, maybe it will be pulled back just a little bit. There are others that doubt we will have a rate hike at all for the rest of 2017. Were leaningers more toward the latter part. Take a look
U. S. Secretary of state john kerry urges the new Iraqi Government to stabilize the country as washington embraces a new Prime Minister as a positive step forward. Friends, family and fans worldwide are in shock today over the death of Award Winning comedian and actor Robin Williams after an apparent suicide at the age of 63. Announcer youre watching worldwide exchange, bringing you business new from around the globe. Good morning, everyone. Lets kick off with the iea report. This is the key take away this morning. Lets have a quick look at oil prices as light crude down by 0. 87 . Brent youre lower by 0. 7 . I want to get more commentary from the iaa report. It has been cut to 1 Million Barrels per day on lower than expected q2 deliveries and weaker imf gdp outlook. The crude oil supply rose by 300,000 Barrels Per Day to 30. 44 Million Barrels per day in the month of july and that is actually a fivemonth high. They also say that the oil market today looks better supplied than expected
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