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Trade deals in china. Hello from sydney. Just past 8 a. M. Im haidi lun. This is bloomberg daybreak australia. Betty im betty liu. After 6 p. M. Here in new york. We will be watching how all the action in washington plays into the trading day. Investors striking a bearish town today. The markets following two days in a row. Theres a lot investors will be digesting. Weve been talking about this all week. You can imagine every Trading Floor will be glued to the television when james comey takes the stand on the hill and testifies. That has dominated headlines as well today. Also, looking forward to the u. K. Elections. All that uncertainty leading to the declines you see here. As np down about 3 10 of 1 . The dow, off by almost 50 points. Tumble. Aking a slight again, setting you up for a softer open in asia. Haidi thats right. Thats not even counting what we get out of the ecb. We expected guidance from mario draghi. Markets are cal ....
Trade deals in china. Hello from sydney. Just past 8 a. M. Im haidi lun. This is bloomberg daybreak australia. Betty im betty liu. After 6 p. M. Here in new york. We will be watching how all the action in washington plays into the trading day. Investors striking a bearish town today. The markets following two days in a row. Theres a lot investors will be digesting. Weve been talking about this all week. You can imagine every Trading Floor will be glued to the television when james comey takes the stand on the hill and testifies. That has dominated headlines as well today. Also, looking forward to the u. K. Elections. All that uncertainty leading to the declines you see here. As np down about 3 10 of 1 . The dow, off by almost 50 points. Tumble. Aking a slight again, setting you up for a softer open in asia. Haidi thats right. Thats not even counting what we get out of the ecb. We expected guidance from mario draghi. Markets are cal ....
We will go to San Francisco shortly for the latest on changes in ubers leadership. On thewe have our eye middle east with the crisis in vauxhall, later in the program. This is daybreak asia, coming to you from 7 00e it is just after a. M. In hong kong. I am yvonne man. We escaped the typhoon in hong kong. A whirlwind of a storm. The selloff going global. It is hard to tell if this is a pause or meaningful rotation out of some of these growth stocks. Betty it seems to make perfect sense, right . Yvonne, these big tech shares are the ones that have led the rally, so you can see at some point, investors would say let us take some profit on these gains. The question is, what is the timing . What gives here . That is what investors are tied to parse through in the next few hours. Heavy some of the tech investors. That looks set to continue. Let us look at how the state of play is into new zealand. Plenty flat. The kiwi at 72. 02. Austra ....
Unlimited leave as the company navigates a wave of scandals and criticism. We have world coverage here on daybreak asia. We go to beijing for the latest on why a chairman is stepping down. Stateside, we are focusing on washington in the reaction to the allday testimony by the attorney general. This is daybreak asia, live and asianbergs u. S. Headquarters. I am betty liu in new york, it is after 7 00 p. M. Yvonne it is after 7 00 a. M. Here in hong kong. I am yvonne man. South korea, the unemployment picture from a looking better than expected, 3. 6 . The estimate was for 3. 9 . Labor market playing through than the previous month of 4 unemployment. We continue to see signs of healing and south korea. The government has proposed an jobs budget to help boost and income. Hopefully that will help with the youth unemployment factor. Economists have raised estimates for growth to 2. 7 . We will see how korea reacts in an hours time. Lets look at the state of play in asia. It looking better t ....
We have the world covered on daybreak asia obligated to crack down on hate. We have the will covered on daybreak asia. Betty we will have the latest on that tesla story. Tesla trying to save taxes. This is daybreak asia coming to you from bloombergs asian headquarters here in hong kong, where it is just after 7 00 a. M. I am betty liu. Yvonne i am yvonne man. Eyes are glued on china for the next 24 hours. Not only do we have this msci decision, but we will hear from the pboc governor as well. We do not hear from him too often, but it will be interesting to get his take now that it seems like the pboc is parting ways with the fed. They held off on raising those borrowing costs after the fed raised rates last week. Betty a lot on the agenda as you mentioned. We will be going through a lot of big corporate stories, including that story on tesla. Everybody focused on the Chinese Market and tesla being a tech movie has been a big today ....