Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from china. The export slump in south korea also easing for the month of june, not to mention exports to china in fact rose
An aussie market, had a lot of conviction yesterday. It look at some of the other and allrtainly sterling this, perhaps some doubts about brexit again, if there will be a hard brexit. There are reports Boris Johnson is planning to legally block the brexit transition from extending past january 2020. Have at the moment unnamed sources, but theres always the risk of these losses being clawed back later in the day. , they havego, yields gone up to 1. 88, we were just that one point 87. The hong kong dollar is something david will tell us about in just a little bit. We dont often see that, do we . It is the fed, but it does not mean you cannot make money. We are on the longest rally in five years. Trade. Ly incentivizing the head of asiapacific microstrategy at state street markets, great to see you. We are climbing over walls of worry. What is the other wall ahead of us . We have a few. As we come into the latter part year, iear into next actually see we are in for another strong period,
Markets. To australia. Sx 200 is starting the day off in the red. Pretty much flat. New zealand this morning looks like this. Gaining half a percent higher. We are seeing strengthening in the kiwi. 82 u. S. Cents. Open cutting down to the in korea. Japan is close to celebrate the emperor first base. Apple finally has signed the longawaited deal to get icons iphone sellthrough china mobile. We are joined with the details from jays beijing. What does this mean . It means a lot to both players. For bothy hard fought sides. Six years of negotiations involving the top echelon of both companies. Tim cook has made this to hammer out the deal. Coming to fruition. It will give apple access to customers on chinas biggest network. In addition to those already using the iphones of the letter. This is quite a head start. There was a fever pitch for the iphone. That has cooled off a bit in china. I will get to the market share in just a minute. Is offered this since march 2012. There was pressure fo
first the reason i m on my own today is because kel is in vienna at the opec meeting. this is the eea, the international energy agency released the latest oil outlook. i m missing you a lot there, but what did the iea say? i miss you, too but it s not often you get to hang out in a palace. they say the springtime slump for oil accelerated. futures down 20%, as we know, prices down sharply in may. they see demand for oil growing by 820,000 barrels a year. as we know, forecast range from anything from the high to much lower end of that here at opec. they say there s too much uncertainty to lower that demand forecast yet despite clear downside risks to the outlook. let s talk about supply. they see supply up 200,000 barrels a day. it s north america boosting supply. it s non-opec supply that increased by 700,000 barrels last month. oil inventories rose again. we ll watch and see what this impact has on crude. they looking after you all right there? oh, yeah. it s wonderful