And the next bank of england governor is to be named later. Say fda head and you bailey is in pole position. Paul lets check on how we are doing in the markets. Australia just opened. We have a staggered open, so very much early days. Ever so slightly higher. New zealand continuing to build on record highs that it reached thursday, up. 5 right now. Nikkei futures looking kind of flat. We are of course waiting on numbers, cpi numbers for november, expecting to see a slight uptick mainly inspired by the sales tax. We also have futures just coming online, looking flat as well. Lets check in on the first word news and get over to jessica summers. Central banks made headlines with policymakers in swedenying on hold but swimming against the tide and ending half a decade of negative rates. Bank indonesia kept its key rate unchanged for a second straight month, saying the economy and exports will rebound in 2020. The boj also held as expected, with the governor echoing the more optimistic tone
Shery and a rocky road ahead for china. The worlds top auto market heads for an unprecedented second Straight Year of failed declines. Comingnd south korea online. Here is what to watch. Sophie stocks open higher with nikkei and topics opening with two. 2 . Data earlier this week showing a pickup in business spending and reduced prices. The yen looking steady after jay powells speech which reinforced the dollar has a negative bias. Which assets will benefit most from the feds 2020 outlook . We will check in on the open in seoul. 7 . Ospi up we have aussie shares moving to the downside with a risk on move this morning. Futures are also gaining ground. It lets check in on currencies this morning. The aussie dollar bumping its timeagain for a sixth moving below 68. 80. And the british pound back up above 132 above 1. 32. More on u. K. Politics now, heres a check of first word news. U. K. Votes later thursday in an election that will defined the relationship with the eu for years to come.
Hi emily could be and youre in the stream today were talking about the kalashnikov Assault Rifle or a k 47 just what makes it the worlds most popular gun will discuss its history and legacy and we want to hear your questions and comments about it share your thoughts via twitter or in our lives the 2 top. Hello im dr Charmaine Nelson professor of art history at Mcgill University in montreal and you are in the street. Russia is commemorating 100 years since the birth of soviet weapon inventor kalashnikov for the Russian Ministry of education it is an opportunity to teach School Aged Children about kalashnikov who was hailed a National Hero and died in 2013 at the age of 94 online russians are using the hash tag kalashnikov 100 to share their thoughts on his life and legacy lissa offers this insight the machine gun invented by him became a symbol of russia as well as the most widespread small arms in history radio studio but its important to protect kalashnikovs memory justice is an inven
Legislation, equivalent to 4 of gdp. Set to pricesis mammoth ipo at the top of the range and should raise more than 25 billion. We get you started with breaking news out of south korea. We have the current account surplus coming in at 7. 8 billion dollars. This would be the surplus widening from the previous month of september. Also the previous month was revised higher to 7. 7 billion. Andgoods trade surplus narrowing a little bit us the number coming in at 7. 8 billion, also down from the previous month of 8. 8 billion. Despite the fact we have a current account surplus widening this time around, we have not seen the south korean economy under pressure. Novemberports for both and october contracting more than 14 , but we also had imports plunging, doubledigit digit declines for imports in. He past two months haidi weve got breaking news when it comes to this part of the world as well. We were expecting announcements from the argument terms of how much the big tanks will have to hold
This is the position we find ourselves in. Looking at futures contracts for the s p, those are indicating just about a flat picture. We did have records once again for the major benchmark indices on wall street that should have been given is more of an uplift to the tail end. It is just up fractionally in the msci all country world index , which means we are just about 1 away from a record when it comes to global stocks. This is what we have just at the moment. Just appreciating just a little bit despite the horrible production. The fact that the rba is paused for now with regard to Interest Rates and a ruling out a move toward quantitative easing for the time being, just playing in the yield, just in three basis points. Ok. With that in mind, lets find out what else is happening. Lets get to the first word news. Thank you. We are going to start with the white house. A budget official in the Trump Administration says he warned his superiors that a hold on security aid for ukraine could