Tomorrow. There are two definite narratives being played out. To repeat the status quo for taiwan and that is sent autonomy, semi independence from china. Or more integration with the mainland economy. We will preview it coming up this hour and all morning. Yvonne we will see you soon. He does speak with the legislator at large. David lets get a quick check of your markets right now, 30 minutes into the session. About an hour into the taiwanese session. We should still be above 12,000. 2. 5 of the25 is is 28year high. Dont get too excited. Seere continuing to pressure coming into this friday. Jobs numbers are coming out later so that is fun to watch as well. Asare losing some momentum we head into the thick of things. Take a look at the currency markets and then we will talk about futures as well. You and pushing toward 1. 0. Chinese bonds are seeing a steep drop in yields. Su we will start out with the latest on boeing, critical messages from 2017 about the jet have been released to a
Weakest number in 17 years. This is below that number. Retail sales also weaker than expected. The expectation was for 7. 9. You are looking at 7. 5 year on year for august. Again, below the july number as well. In terms of fixed asset investment, we are focused on the private sector and estate sector, also missing the surveys. 5. 5 . The survey had 5. 7 . So this is pretty weak data. In terms of retail data, we have seen month on month auto sales for example, a big component and retail sales, falling almost double digits. In terms of Industrial Production you have seen the impact of tariffs, but this awes this august that it doesnt account for the additional tariffs in september so that will be a further drag. Domestically you have weak demand as well. Investment, some economists suspected a step up in terms of local governance and the issue of special bonds to fuel additional estate sector investments. It doesnt look like that has spread through. Across the board this is a miss. In,
Challenge to washington and seoul, korea. We have the world covered here on daybreak asia. We will be live in beijing for chinas plans for a new silk road. In new york, all the details of the global hack attack. He careful as you turn your computers on. Liveis daybreak asia from bloombergs u. S. And asian headquarters. It sounds really ominous. It is just after 7 00 p. M. , those is a big story hospitals and government facilities being attacked, but all eyes will be on the bill and road forum, 78 billion in Infrastructure Spending pledged at the time we are a focus on data, retail sales data out of china. When it comes to the u. S. , theng seems to move much s p 500 2400 for the past couple of weeks. China,a big project from how will the u. S. And the rest of the world react. Earthquakelayy quality . We will examine that later in the program. We seem pretty stuck here. The retail Sales Numbers on friday did not eliminate anymore on where consumers in the market are going, so we will wa
Foundations for a new eastwest trade route. Rishaad the weekend hackers may strike again on monday. At apples market capitalization in excess of 800 billion. If you add them up, you have a 8527,d capitalization, we are at roughly 3 trillion. Quite something. That is what we have at the moment. Some people saying these five have too much clout when it comes to soft power and real power with the amount of data they have at their disposal. The tech names pushing higher with the rest of the market treading water. On the asian agenda, some china expected, retail sales come Industrial Production, some of that expected to have ease, particularly industrial activity , painting the picture q1 was week. I want to touch on the credit data over the weekend and on friday. , credit expansion continues to push forward despite the Deleveraging Campaign from beijing that has shaken the markets. We did see these numbers coming in stronger than expected, aggregate financing expanding to just over 200 bil
For joining us. The snow covered the ground in parts of our area this morning. Slowing traffic and delaying schools but it has moved out. Leaving behind very cold conditions and the possibility of more snow this weekend. Storm team 4 meteorologist Sheena Parveen begins our coverage with who and when could see additional snow. Speaking of that colder air in place with the snow coming this morning, that cold air is going to stick around and set us up for more snowfall as we go into tomorrow. Not everybody will see it. Temperatures at or below freezing, 33 in the district. Its a cold day. Going to stay cold through the afternoon and tonight if you have the friday night plans. Were looking at cloudy skies across the area. By 4 00 p. M. , 34 degrees staying cold by 6 00 p. M. If thats when youre heading out to dinner, 31 degrees. By 8 00 p. M. , well stay dry at 30 degrees but thats going to tomorrow. Mostly south of the district, well talk more about this and what it means for your saturda