Crude posting its longest winning streak in a year. Opec cuts may be draining the blood. And top fed officials weigh in on negative rates, saying such a move is not on the agenda for the foreseeable future. Shery lets get to a quick check of the markets. We are seeing u. S. Futures holding steady, after we saw the s p 500 fall on rising u. S. China tensions that we saw in the regular session. The s p 500 fell eight tense of 1 . Technology and utility also leading the losses. We have heard from china responding to act as asians from President Trump warning that responding to comments from President Trump warning that nasdaq sides biggest composite fall in more than a week. We also have some abysmal Economic Data. Millions of americans claiming jobless benefits. We are seeing wti under pressure, but still above the 33 a barrel level. This after sessions of gains. We are talking about the longest winning streak in more than a year. Haidi and really that crude story may be a bright spot as
Revolution and trump in washington. I will get right into the idea revolution. We say in the book, america has been through viciously divisive. Far worse than today. With history we can see them as points in the transitional periods between old system that is broken down and a new one largely information. Are we at an intersection point absolutely enter the best example of it, isnt in 2016 in a republican primary it was a real civil war on the Republican Party that the establishment rep. Five jeff bush and others, couldnt get the nomination are they making people who got it, revolutionary donald trump. And the are going to the same thing right now. And theyre having a civil war in the party. What is going to be the traditional democrats, is it going to be some outsider. It will be a socialist. But i think that is indicative of the fact that it just doesnt work pretty and the things that have worked for the last 40 years to govern the people, it really has not kept up in the country. An
Good morning and welcome to daybreak australia. We counting down to asias major market opens. David im david in hong kong. Stoxx are set to face headwinds, futures are pointing lower amid the u. S. Holiday. Rba decision today, the bank is expecting to hold its key rate. Its governor phil lowes final meeting. On the housing crisis threatening to engulf surviving developers with about two thirds of the 15 major private builders in default. Breaking, alan joyces is stepping down early as qantas ceo after a bad few weeks for the company. Public anger over a series of scandals. We will get to that story later in the show. In the meantime, breaking news out of south korea, all start with gdp numbers, its not important. Whats inflation are the whats important on the Inflation Numbers. Gdp,. 9 . Just this than it takes you to. 6 . That is the gdp story in line with estimates. What is coming in hot right now is the inflation print which looks absolutely nasty on face value. Up 1 on month on mon
Parental consent. Heres a tennessee attorney general. Kids are particularly vulnerable, and this is an unbelievably Sophisticated Company using every technique they could identify to make their they could identify to make their platform addictive. Meta said it was their platform addictive. Meta said it was disappointed their platform addictive. Irr said it was disappointed and that it was working to create a safer environment for teenagers using a taps, including 30 tools to support them and their families. A Company Spokesman said it was important to recognise that many teens find support and community on social media when theyre struggling. This is an issue facing many social Media Companies, with legislators warning that todays action was just the start. Todays action was ust the start. Todays action was ust the start. ,. ,. , start. This is not singling out meta. Social start. This is not singling out meta. Social media start. This is not singling out meta. Social media is start. T
Seeing opening slightly down. Is it childs play or an incredible Business Idea . Is it childs play or an incredible Business Idea 7 the is it childs play or an incredible Business Idea . The former publisher who opened the door to magical toys. And the former uk chancellor, George Osborne, is to be paid almost 800,000 a yearfor osborne, is to be paid almost 800,000 a year for advising the osborne, is to be paid almost 800,000 a yearfor advising the us fund manager forjust 48 days work. Politicians are out of office but in the money. Do you think this is right . Get in touch. Welcome to the programme. We start in the south korean capital, seoul, where whats being called the trial of the century has begun. The man in charge of the countrys biggest company, samsung, has formally denied charges of bribery and embezzlement in a scandal that has also seen the president impeached. Samsung may be a household name Around The World, but its boss isnt. So, what do we know about him . Jae y lee is