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Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets t ....
On the value of its new business, following the fall since it listed the most. We will be joined by the ceo. Reports amid rising u. S. Tensions and fears of backlash from the white house. More challenges may be growing closer to home. Lets get a quick check of the markets with sophie kamaruddin. Stocks with a subdued start, futures lower. Kiwi stocks higher by 0. 2 . At m a, andlooking south korea raising a red flag. In sydney, stocks hit a fivemonth high. Qantas hosting its first loss in six years and warning it will not make money in the next financial year. 2000 after retreating on the fed minutes. The index going since jumping the most since june on the fed. One analyst said he does not think positioning is stretched, but even with broad dollar weakness, asian currencies have underperformed, but record forex reserves are one key reason. Steady afteryuan retreating from a sevenmonth high, retracing gains it has seen since last month. Focus, callsira in for the central bank in turkey ....
He says it is pelosi who refuses to compromise. And boston fed president Eric Rosengren says over eagerness to reopen the economy without containing covid19 has backfired from the United States. We hear from him at this hour. Manus it has just gone 6 00 a. M. In london, 7 00 a. M. Across europe. Arlsberg. They have guided for the full year, profits will decline by 50 . They had pretty guided a little earlier in july. That buyback is off the table. Organic profit will decline 10 to 15 for the full year. Firsthalf sales coming in at 28. 83. Firsthalf net income coming at 2. 86. Jeffrey is on a buy. We caught up with the anheuserbusch ceo the other day, he said china is back to normal for them. Is thek with carlsberg exposure to mainland europe. That is the top line. Up. Sche telekom, dial me never a fish ibitda comes in and 9. 3 billion euros. The estimate was it. 3, so it was q ....
In the white house, continue they continue to push reopening. Stephen mnuchin says another shutdown is off the agenda. Like ait does look terrible set up when it comes to this final friday training session. The selloff looks to continue. In the u. S. , it was deep and heavy volumes as we saw that box provedy go really be wrong that came to a screeching halt. 2 trillion to write off the value of u. S. Equities in under seven hours time. The are seeing a rebound when it comes to u. S. Futures trading for the s p, seeing upside about. 5 . Chicago and nikkei futures looking positive. Still, we could see some downside in the session, particularly as we continue to see the yen, really the only outperform against the dollar. In sydney, no such luck. Futures plummeting by over 3 . We had aussie stocks falling the most in six weeks in the thursday session. We are seeing the correction extend to almost 4. 5 percent in the early part of this session as we see downside for the kiwi and the aussie ....
Plunge half their val ru a positive surprise from china where exports and imports were much less than expected in march. U. S. Bank stocks mark their first negative session in five as jp morgan kicks off earnings season with investors anxious to find out exactly how these banks have been impacted by coronavirus. This is a look at european stock markets are trading. Dont forget theyve been closed for the long easter weekend. We saw the look out of china export and import numbers. Expecting a plunge of 14 only down 6. 6 . Still a steel fall but much better than anticipated. Thats been paused for the reopening of european markets. Talk about when well start to see the easing of lockdowns. Europe starting to layout plans. That is really starting to help out. We are still witnessing a little red ink at this stage. The other big catalyst is landmark and the Production Cut of oil it has been a slight increase this morning it certainly di ....