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Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at ....
This is press tv news, thanks for joining us. The Aerospace Division of irans islam revolution gards core has successfully launched the home grown imaging satellite paray. The satellite was placed into orbit 450 kilometers above the earths service by a carrier stopped or messenger. The mgc Aerospace Commander brigadier and general amid ali haji. Says iran will launch two more satellites into space in the coming months. Earlier joined us with more details. This is a great achievement for iran, considering the fact that iran is under harsh sanctions. So seeing the country drive in so many fields and high tech fields in particular is actually great news for iranians and the entire iranian nation is happy today to hear about this. This is. Is something that always comes to mind whenever we witness uh some great achievement in iran, considering the fact that iran has been ....