Am Kathleen Hays in york, welcome to daybreak asia, related stories this hour, monthly suggests the recovery is continuing. The Bloomberg Economic saying recovery above three point five percent. Nancy pelosi says a deadline for stainless steel well President Trump calls for a big spending package. Central bankers worn support will be needed for some time to come and new zealand stocks rise in the kiwi strengthens after the historic victory. Labor has the seats to govern alone, but she is considering a new coalition. Haidi taking a look at markets in asia we are setting up on a pretty cautious note when it comes to trading in the trading week here in asia, however we are looking ahead to Third Quarter gdp out of china with investors and traders came to see what the expectations were for this study growth were to continue. We are expecting numbers of about 5. 5 when it comes to economic expansion. This is our way of seeing into the first couple of minutes here in sydney just about two pe
You mentioned the vaccine trials with astrazeneca. That is not voting well. Boding well. Chinese markets nearly 2 down for the shanghai composite. The hang seng down 303 points, and the kospi also lower. Watching the dollar declined overnight, given some of the risk off moves. The pound down on the sixth the day, the longest losing streak since may. Streak eurodollar slightly lower. , ian hashe aussieyen been boosted by the haven play. G10 higherthe only than the dollar. Yields pretty much flat right now but we saw treasuries up overnight. This is where we are seeing signs of contagion from the tech selloff, the Commodity Markets and oil markets in particular. Below 40 forst the First Time Since june. Thats get more analysis with our strategist. Mark, the u. S. Session came back from the holiday continuing the tech selloff. How is the market readjusting now . Mark it is not a pretty start in asia. The thing thats concerning wayle is it appears to be beyond tech and is affecting other A
Recognizing where exactly. Was done. During the last car culture history in. Detail travel extremely worth a visit. To the. Whatever happens to america 1st the United States coast since biggest trade deficit and over a decade meanwhile tech stocks take a major did a day after we change back or ta its. A long month commit its the fight of his new european factory outside of her lead but not everyone was lining up for an autograph. And losing the famous champagne though as. Fear for the future i didnt want to drive down sure enough contact with this business on k. Ferguson thanks for joining me we begin in the u. S. Where the trade deficit is at its highest point in more than a decade thats despite u. S. President donald Trump America 1st policy the latest figures from july so imports rose 11 percent while exports increased only 8 percent american spending on foreign made vehicles industrial goods on Consumer Products rose sharply u. S. Services in areas like Tourism Education and medica
U. S. Democratic president ial contender joe biden visits community and the family of 8 black man shot by police in wisconsin his message one of unity and im to challenge to president Donald Trumps know in order agenda. Im pablo if only yes welcome to the show nato will convene on friday to discuss chemical weapons and the poisoning of russian Opposition Leader Alexei Navalny germany says it has unequivocal evidence stuff in a volley was poisoned with a deadly nerve agent from the novacek group moscow is denying any involvement but germany and its allies are calling on the kremlin to come up with some answers. What if while germany and the International Community wait for russia to answer questions only it can surrounding the attempted murder of anticorruption activists Alexei Navalny kremlin critics are already playing a finger at one man. There is only one person can be named as one of them or pugin because well he builder or more than 20 years in power is socalled power vertical we
A state of emergency standards but thats little comfort for those still living among the rubble after last weeks blast in beirut. And im leah harding with sports tennis world number one Novak Djokovic confirms hill play at the u. S. Open next month and paris danger man celebrate a return to the Champions League semifinals for the 1st time in 25 years after a stunning comeback when. I begin tonight with breaking news u. S. President donald trump has Just Announced that israel and the United Arab Emirates have agreed to normalize diplomatic relations the white house says that its part of a deal to halt the annexation of Palestinian Land i can also tell you that the peace deal was apparently sealed in a foreign call on thursday between u. S. President donald trump israels netanyahu. And crown Prince Mohammed bin desired. As part of the deal as we said israel has agreed to suspend applying sovereignty to areas of the west bank that it had been discussing an exciting this is a Major Develop