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Good morning and welcome to daybreak australia. We counting down to asias major market opens. David im david in hong kong. Stoxx are set to face headwinds, futures are pointing lower amid the u. S. Holiday. Rba decision today, the bank is expecting to hold its key rate. Its governor phil lowes final meeting. On the housing crisis threatening to engulf surviving developers with about two thirds of the 15 major private builders in default. Breaking, alan joyces is stepping down early as qantas ceo after a bad few weeks for the company. Public anger over a series of scandals. We will get to that story later in the show. In the meantime, breaking news out of south korea, all start with gdp numbers, its not important. Whats inflation are the whats important on the Inflation Numbers. Gdp,. 9 . Just this than it takes you to. 6 . That is the gdp story in line with estimates. What is coming in hot right now is the inflation print which ....
Business as usual elsewhere. The jobs report is playing out in this part of the world. Yes, that is another a another big one. A chance to react as far as the jobs report. 74,000 jobs added to the u. S. Economy for the month of december, well below the 200,000 estimate. What we saw was a drop in yields as far as government treasuries are concerned. Just about the lowest level in about a month for the u. S. 10 year as far as yields are concerned. Broadly speaking, this is what we are seeing in the equity markets this morning. Is really about dollar weakness which is seeping through to various degrees in the asiapacific. Once again, we see dollar weakness, asian currency strength and a lot of these out,ts as was pointed japan,he holiday in second week into the year and we have already seen for public days. Anyway, we will see how that pans out tomorrow. We are seeing the currency, the south korean won strengthening. We will see how that will impact the markets. On that note, back to you. ....
Europe and the u. S. On friday. That continuing in the asiapacific as well. Servile atmosphere. We are following it very closely. A serious situation with these emerging Market Equities and assets selling off. Taking investors by surprise. We are seeing developed markets now following the declines that rish talked about on wall street and in the european session friday. Check out the kospi and the nikkei. Significant declines for japanese equities. 2. 5 today. We are watching this very closely. This is the broadbased move to the downside. No Industry Group appears to be spared. Check out the initial trading action in singapore, malaysia and taiwan. It is early going but we will be closely watching those Southeast Asian markets. Jakarta, for example. We will be watching thailand later when that session gets underway. No ....
Man with the memories of a woman. Mm ali from syria is born in a female body. Forced into marriage. Great. Far from home, ali can finally become the person hes always wanting to be. I dont despair badly. Oh, in that 3 credit then well go with it. I was born in berlin. Starts july 22nd on d w. A. So lanka has a new president to lead it through its economic crisis. Well, the election of a man who was already playing a big part in the countrys finances bring any relief to angry sri lanka, russia, president , tutoring, ones are further reductions in flows through the crucial north stream. One gas pipeline adding to german worries ahead of thursdays scheduled restart. But as borrowers refused to pay for unfinished homes to discuss china as mortgage boycott correspond. This is data we have business on robots in berlin. Welcome to the program. Ranking lawmakers have chosen 6 time Prime Minister renelle vick grimacing as president to succ ....
Missing his election was unlikely to go down. Well, with this relying public thats right, from all indications point out towards that fact that says because the protestors who have been out on the streets of the country for the last several weeks, theyve made it clear that running becoming is not demand that they want in power, earlier the chance were for a go go to go for good or bad. I just like to go. Those chance have not been replaced by good running goal. So the british does have made their mind very clear that they do not like when you become a save the, for them running to become a thing here represents a continuation of the order that they are so upset with that theyre so angry with. And they want it that order to go entirely. So at the end, there are 2 boys from columbia that protests have already started. So it remains to be seen how ronald managers to retain his job and do a good job at it. Ronald become a singer, was already the vanguard of tackling shrill anchors economic ....