Climate change. Boeing brings its failed spacecraft, at the end of a difficult year for the company. Get you started with a quick check of the markets. The u. S. Session on friday, markets wrap at record highs with the dow seeing its biggest gain in a week. The s p 500 seeing the biggest weekly gain since september. We had health care and tach leading the gains on the s p 500. Strong consumer numbers out of the u. S. Gave the market a boost. We are setting up for a Holiday Light calendar this week. Most stock markets across the world will be closed on december 5. We have u. S. Newhome Sales Numbers to look forward to on the monday session. Lets see how we are setting up for the asian markets. Sophie after a lackluster friday, we are mixed this monday. They were going to be gauging reactions to reports that japan has eased export controls to south korea. Lets check in on aussie bonds at the start of cash trade. We have the aussie 10 year yield rising back above 1. 3, the highest level s
Protesters tried to vandalize the chinese flag. Shery the bank of america boss is optimistic going into 2020 but warns Overleveraged Companies pose a worrying threat. The markets coming online. Sophie . Losses for sydney stocks after a decline for the asx. Bonds rising above 130 basis points, climbing to a july 23 hi. Nikkei futures slightly higher this morning. The kospi potentially building on gains after posting a high on friday amid signs of overheating for the index. We will watch for korean exports data later this morning, another weak print is coming. A nikkei news report japan decided to use export controls on south korea. The president is to meet with xi jinping this monday in beijing. Paul first word news, this is su keenan. Hong kong is back to business as usual monday morning after tense scuffles side Police Officer draw his gun and pointed at protesters. O shots were fired the incident escalated during a rally in the city center. Demonstrators gathered to show support to c
Shery the bushfires rage on in australia with at least nine people known to have died. The Prime Minister says there is no direct link to climate change. Paul lets get straight to the Market Action with sophie in hong kong. We have the holidays upon us in tokyo. We are seeing stocks date after a threeday drop in the topix in nikkei. Flipping the board, checking in on bonds. I want to highlight tenured jgbs. , treasuries just opening on change right here with the 10 year yield. Bonds arechmark offering 5th street sessions. Aussie shares are sliding for a Third Straight session led lower by resource players. This morning. We are seeing gains for the korean benchmark. Yuan Holding Steady against the greenback. Shery lets discuss those numbers out of south korea because we saw experts in the first 20 days of september falling only 2 . Exports with china rose 5. 3 year on year. We had a little bit of weakness with chip exports falling 16. 7 . Also, imports falling only half a percent year o
But security saying you will see the boj stop buying longer take 2020. In a move in the aussie in focus today. We are hearing hedge funds switching to bearish. The dollar is weaker ahead of inflation data due for november. Were also watching the thai baht, stronger against the ringback. Trade data against the greenback. Rishaad the Indian Trading day, futures are looking flat. What we have seen, discussing a short while ago, record highs for the nifty and the sensex. Friday no exception. It toheless, that brought a record high for the index of some of the heavyweight stocks. The rupee is flat. The 10 year yields, big move lurched to the downside, Something Like 10 basis point in terms of the yield. The prospects here of further Interest Rate cuts, again brought to the fore. It says something that has gotten more and more credibility as we do see further signs of weakness, particularly on the demand side from the indian economy. Thats a look at what we have in prospect. With look at wha
Unrelenting we. The last 4 days we have hit our enemy harder than they have ever been hit before and that will continue now its not at all clear that the pentagon and the military is really stepped up the fight with the taliban they havent provided any statistics that anything is in fact changed in afghanistan and the president is in a predicament because he promised his base that he would end the war in afghanistan if he wants to actually increase the fight change the momentum hes going to have to send more troops in afghanistan and thats something he doesnt want to do so the president saying that if the tax had been stepped up not at all clear that they have been and not at all clear what comes next also to come on the news hour including students but no schools almost half a 1000000 children are struggling for an education in the kenya faster i would have a list will be here with details about big upset to the possible welcome. China sold for. About 180 nigerians have just arrived i