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The session. S p futures have been fading, but this after what was the second 4 gain in three days. Safe havens have also been big. Dollaryen, the bestperforming currency. At the same time we see a goal above 1600. 10year treasury yeild continue to hover around 1 . According to that millard have signe says that this is a that the safe haven assets he further weakness ahead. If it was up to him he would say sell into the rallies and there is a large chance maybe we will see a returns debtfree chance of equities from last week. Paul our cross asset reporter in new york, thanks for joining us. China has reported its latest coronavirus numbers, adding 139 new infections and 31 debts. Those figures are inline with the lower trend in recent days. The contrast for the acceleration of an infection rate elsewhere in the world. But get over to our china correspondent Tom Mackenzie in beijing. China is seeing a dramatic drop in infections, bu ....
Mcdonalds says its aware of a Technology Outage impacting restaurants, and that the issue is being resolved. They said its not related to a Cyber Security event. Joining us now from new york is michelle fleury. Not michelle mcfleury as i would be tempted to say in other circumstances. What is going on . Restau ra Nts Restaurants have been affected overnight and it seems to be able to play a big issue in bangkok, australia, also where you are in the uk and ireland. Some stores had to close reportedly because the it systems went down, people were not able to order because of the touchscreens are not able to place mobile orders. In some cases they went back to pen and paper to take orders and that old thing of accepting cash. All of this has been accepting cash. All of this has been a black eye for the chicago based co ....
To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance MinisterShunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remar ....
Welcome to daybreak australia. I am haidi stroudwatts in sydney. Annabelle i am Annabelle Droulers in hong kong. In the top stories this hour, asian stocks primed for gains after an upbeat day on wall street was job data supporting the case for fed rate cuts this year. Around 600 Japanese Companies as well report earnings later today. Haidi president xi pledging fresh investment in hungary as he receives backing for beijings pushback against overcapacity claims. Annabelle we are to the bloomberg tech summit as Silicon Valley leaders talk ai and much more. We will hear this out from snap ceo. Kicking off with breaking news this morning, we have perus central bank making its Rate Decision as forecast by most economists. We are seeing that cut coming through to ....
Rising for the first day in four with european stocks rallying and volume 25 below the 30 day average. Falling against the dollar and the euro is down for the first day in six. After rising to a threeyear hide high yesterday. Sovereign bond yields are declining and commodities inflation is coming back. 2018 will see a decade of negative output gaps turn positive, if the imfs growth estimates are right. Gapone says a positive tends to stir inflation as labor costs and good prices rise in response to increased demand, accelerating inflation is likely to halt market rallies once right hikes intensified, expectations fall and Consumer Price gains will initially set off advances. Watch inflation in 2018. This is a wonderful chart highlighting the difference between developed market, stocks, and emergingmarket stocks. As you can see, the outlook for , that isarket stocks the blue line, this goes back to 1996. It narrows the gdp performa ....