Francine lacqua is at the london event. We will join her later in the show. Lets get you through some of the Wild Movement in Global Markets. It was risk on. Believe that the chinese delegation was looking at a broad area of subjects, but now the latest lines coming through around basketball broadcasts. Now a warning from the chinese side. China sang stay tuned for a retaliation when it comes to the blacklisting of Chinese Companies by the u. S. Government. The market in the last five to 10 minutes is clearly turning. U. S. Equity futures 0. 1 lower. Gold, same story, flipping around, now higher. Trepidation percolating throughout the classes. The aussie dollar coming off the highs of the session. Other surveillance points to look out for. Francine. K. Time will be speaking to the chief executive of Fidelity International. Dodds half past 9 00 london time. Chinese state tv halting broadcasts of the National Basketball association games, saying the backlash intensifies over a tweet expr
A report commissioned by the government says the uk should become a world leader in tackling Climate Change, by cutting Greenhouse Gases to almost zero by 2050. Voters head to the polls for council and mayoral elections, across england and Northern Ireland. And new photographs of Princess Charlotte taken by her mother have been released, to mark herfourth birthday. Good morning. Welcome to bbc newsroom live. Im anita mcvey. The former defence secretary Gavin Williamson has continued to deny leaking information from a National Security Council Meeting on huawei to the Daily Telegraph. The Prime Minister sacked mr williamson yesterday after a cabinet inquiry blamed him for revealing details about disagreements over whether the Chinese Technology firm should be allowed to help to build the uks 56 mobile network. Opposition parties are calling for a Police Inquiry into whether there was a breach of the official secrets act. We can speak now to our chief Political Correspondent, vicki young
You are watching daybreak asia coming to live from new york, sydney and hong kong. We are counting down to asias major market opens. Paul asian shares set for a positive star after tech stocks do well on wall street. 10year treasury yields up to a 10 year high. And softbank files for what could be the biggest ipo of the year. Writing a boom riding a boom. And carpet and charles rob to cut jobs. Shery look at how u. S. Futures are trading early in the Asian Session. We are seeing pressure after a mixed finish. We had the dow falling but tech leading the gains on the s p 500 which gained ground for the first time in five years. In five sessions. The dollar swinging between gains and losses with the u. S. Bond selloff continuing. We take a close look at treasury futures. The 10year gilts at a 16 year high the 10 year yields at a 16 your high. We continue to watch this major shift in it comes to the last two weeks that the u. S. Economy might stay resilient and we will continue to see the
Adidas and puma track nike shares lower after they post the first earnings miss in years and flags the First Quarter revenue guidance. Nasdaq points higher in the pre premarket as it looks to notch the best wave since 1993 as it looks to ride a. I. Good morning welcome again to street signs. It has been a busy morning with data and macroeconomics cater caters indicators and company news we had a flurry of data and we are looking ahead to two crucial data points from the eurozone and u. S. French inflation has fallen to the lowest level since march 2022 june cpi at 4. 5 on the year that is down from the 5. 3 in may. Showing the disinflationary trend. And the initial figure to post zers 0. 2 for the year. The eurozone inflation print is coming in for the year the flash is expected to drop to 5. 6 in june above the target which is well down from octobers peak of 10. 6 . Lets not forget the u. S the feds favorite inflation gauge is due out at 14 30 cet. The index is expected to rise 0. 3 i