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the normal meetings, or they? are they? anna: the meetings in vienna are getting a good deal of profile. vienna is going to be the place to be. a lot still on the radar. we have opec tomorrow, the ecb, and the jobs report on friday. tom: now we have photos from japan. i believe video from japan as the prime minister, this is a retract, folks, he will a national sales tax. much of this was foreshadowed when he was with the president and leaders in g7 and hiroshima where he made very clear he was playing to a domestic audience. some of this today is the delay of a national sales tax and really a quite a blood abrupt blow to the fiscal side. to the bloomberg first word news. vonnie: in japan, prime minister shinzo avenue a is delaying prime minister shinzo abe is delaying the increase in sales tax until 2019. it would make it tougher for the japanese government to deal with the world s largest debt burden. another sign that china s economy is stabilizing, for a third ....
retreated on friday from the seven-month high after data showed that u.s. hiring fell to the lowest in him a six years in may. the dow jones industrial and nasdaq also fell. we are counting down to the open in australia and japan. futures in australia looking like this, a slightly higher open. economists are expecting the rba to keep interest rates at 1.75%. , whereet over to japan the latest gdp numbers come out on wednesday. futures trading in chicago pointing to a lower open. 6.72, it is pretty strong against the u.s. dollar ahead of brexit. .wo markets to tell you about u.s. treasury secretary jack lew says china is moving in the right direction on the yuan, but needs to improve its monetary policy communication. he spoke to bloomberg in beijing where talks are due to start later today. tom mackenzie is there for us. what exactly did jack lew say? good morning. the u.s. and chinese side will be meeting in a few hours on the outskirts of beijing. it was a wide rangin ....
devaluation was confusing. repeatingeading his claim to china south china sea. let us know what you think of our top stories. follow me on twitter @rishaadtv, include #trendingbusiness. shanghai, shenzhen, and hong kong reacting to that u.s. jobs report. here is juliet. what a disastrous number for that payrolls number. we are seeing weakness come through from a laser on the open. singapore opening higher. from malaysia on the open. singapore opening higher. most of the weakness coming through from the nikkei 225 as the yen holding near one-month highs. this is a story of dollar weakness. the likelihood of a june rate hike in response to that jobs number now only 4%, down from 30%. the likelihood of a july hike down from 50% to 27%. down 1.4% with the yen holding on to those highs. australia, up by a third of 1%. gains from gold players. that shows you how much there is in terms of risk off sentiment. investors flocked to that safe haven gold price. zealand closed tod ....
systems, bringing it a new chief executive. a month ago, didi received $1 billion investment in apple, now $600 million. investors are waiting on the fed, the boj, the bank of england. taiwana, singapore, and start off their trading week. it is a central bank waiting game this week. a bit ofeing quite trepidation ahead of those key policy meetings. malaysia, singapore, and taiwan joining in the selling. we are still seeing significant weakness from korea, japan, and new zealand. australia closed for the queen s birthday holiday. is leading the losses in the region. now at one-month lows. all of this trepidation has seen a big surge in the, so stocks under pressure, weakness and commodity prices weighing on materials and energy players. out of the 225 stocks on that index, only two are in the black this morning. korea down by 1.5%, and new zealand off by .5%. futures are suggesting weakness from china and hong kong when they open at the bottom of the hour. a big week ....
assets. to protect india relax the rules on aviation letting local affiliates start international flights more quickly. do let us know what you think of our top stories. follow me on twitter at @rishaadtv, and don t forget to hashtag as well, #trendingbusiness. week selling saying next brexit referendum was one of the reasons why they left rates unchanged. they did not rule out a rate rise next month. .> i can specify a timetable i m not comfortable to say it is in the next meeting or two, but it could be. it could be. is notot impossible it impossible that by july, for example, we would see data that would lead us to believe that we are on a perfectly fine course. rishaad: when janet yellen talks, people listen. markets have been. market participants in particular. david: dovish in a lot of ways. the short version of the reaction we are seeing, equities mixed, rally in the bond market, dollar week, gold on an absolute taylor. absolute tear. i want to talk about the dot ....