Shery and a rocky road ahead for china. The worlds top auto market heads for an unprecedented second Straight Year of failed declines. Comingnd south korea online. Here is what to watch. Sophie stocks open higher with nikkei and topics opening with two. 2 . Data earlier this week showing a pickup in business spending and reduced prices. The yen looking steady after jay powells speech which reinforced the dollar has a negative bias. Which assets will benefit most from the feds 2020 outlook . We will check in on the open in seoul. 7 . Ospi up we have aussie shares moving to the downside with a risk on move this morning. Futures are also gaining ground. It lets check in on currencies this morning. The aussie dollar bumping its timeagain for a sixth moving below 68. 80. And the british pound back up above 132 above 1. 32. More on u. K. Politics now, heres a check of first word news. U. K. Votes later thursday in an election that will defined the relationship with the eu for years to come.
Its a prolonged one. Markets are down across the deirdre yo, thank you for your board. Insight. Youve been covering hurricanes between the u. S. China trade war for a long time, joe bastardi. And disappointing manufacturing report. Tariffs on 112 billion on thank you. Deirdre hurricaneforce winds will be getting dangerously close to the coast today through chinese goods take aeffect on tomorrow night. Officials are urging people to stay off the beaches, obviously monday. Due to possible storm surge. Our souths say the u. S. Rejected Rick Leventhal live in chinas request for a tariff delay. Hillary vaughn is at the jacksonville, florida with more. Rick, what are conditions like white house. Reporter china says they will there now . I can tell it is really windy . Formally file a lawsuit against the United States through the reporter it is blustery but not World Trade Organization in direct response to the latest anywhere near Tropical Storm round of tariffs that took force yet. We could
Senator Bernie Sanders and senator Elizabeth Warren at the debate last night tackling topics like Climate Change, tariffs and trade. You outcompete them and put chief manufacturing officer in place to make sure we rebuild the manufacturing base, we have to fill the factories, we have to fill them with workers that are making batteries, charging stations, making sure making solar panels. Senator warrens plan basically that she would put out we would not be able to trade with the United Kingdom. We would not be able to trade with the eu, its so extreme. Thank you, congressman. What the congressman is describing as extreme is having deals negotiated by the American Workers for American Workers. American workers want those jobs and we can build the trade deals that do it, people want access to our markets all around the world, then the answer is lets make them raise their standards, let their workers unionize, Environmental Standards before they come to us and say they want to be able to s
The hunt for whales japan has resumed commercial whaling in its waters despite global outbreak but is the practice commercially sustainable and course of the Cultural Roots of boiling in japan and is culture a justification this is inside story. Hello and welcome to the program im peter dolby whales were hunted to the brink of extinction until 1986 when a group of countries agreed to temporarily stop whaling for profits which turned into a Semi International ban however conservationists are now worried the species might be facing a similar threat many countries continue to hunt whales for what they say are scientific purposes and japan which is one of the leading commercial whaling countries is now resumed that practice in its waters it says whaling is part of its culture and can be done in a Sustainable Way but as mariana home explains japanese pallets and tastes of moved on. For more than 30 years the International Whaling commission has been locked in a fight its job is to protect w
At the Capital Exchange event this morning making a ton of news. Closing the deal. Ibms 34 billion acquisition of red hat has closed both ceos will be with us in just a moment. As we said, pepsi beats the street, strong snack and beverage sales backs the 2019 forecast Hugh Johnston will join us straight ahead. Futures lower ahead of tomorrows capitol hill testimony by fed chair powell. Moments ago at the Capital Exchange event in washington, larry kudlow offered his views on the fed to our kelly evans. Take a listen. Price signals suggest as they have all year going back to last autumn that last policy move in december was unnecessary and i think they could take it back. Price level stability, steady dollar, is what the fed should aim for in my view among the things he said, defended a rate cut this month, said no effort to remove powell at the president time. Mnuchin, lighthizer may go to china. Larry is the happy warrior in this era everything he said made me feel better, made the ma