Protests take their toll. Shery china continues to push the liberalized market with a more flexible loan. Japan and south korea have come online. Lets get straight market action. Offie the nikkei 225 is. 3 . Best court of the again since 2016. Asian stocks are drifting toward the year end. We are digesting the latest figures. We are going to be getting hong kong trade numbers. Taking a look at was going on in sydney. We are seeing shares snap a threeyear game. Paul lets get you uptodate with the first word news. Wildfires in australia are expected to get worse this year week amid rising temperatures. 122 millions of million acres of land have burned. Nine People Killed and over 950 homes destroyed. Scott morrison says that firefighters battling the fires in New South Wales will be compensated. This is putting additional demands on our firefighters in particular. It means the turnouts and the callouts have been far more extensive than in previous years. This is beyond and above what is
Center right now. Were starting to see more evidence of stimulation coming in. M a speculation. You are beginning to roll some of the Biggest Companies together in china. That is an effort. Yes. Exports as well. Still the best today rally in a month for the shanghai composite. You dont need shippers in the way that you once did. Maybe they need some help. This is the mna story of the morning. A story of the morning. Greases the story im really interested in. We all know what is happening with greece. Today he could see a deal. At last. We need to deal them by august 20 been that big ecb payment comes through. Another payment and another deadline. There is speculation that government will accelerate growth around state owned companies. Give us the rundown. We are seeing the shanghai composite higher. The rest of asia not looking so good. It is an interesting divergent. Quitembers were discouraging. Some market seeing some turnaround now. Japan of about 3 10 of 1 . Beenig story that has
The trigger on the economy at home but if youre looking at inflation that is where the concern is and those inflation was have piled on since the july meeting. Continuingd a spiraling lower and oil prices and that will eventually push back a fed rate rise. Only about one third think that a rate hike will happen in september. It used to be a 5050. Beforenny isnt it when we thought the stimulus would end in the u. S. The market would selloff. Now a delay in the rate rise and the market still sells off its because they are focusing on why the rate rise will not come. By 1 10 of a percent. We will be seeing how all of these markets open across the board and there will be some interesting movers. Keep your eye on richemont. We are talking watches. The exports from watches are following. Down 40 in china. That is a phenomenal statistic. That is showing the woes of Consumer Sentiment in china not wanting to buy foreign goods and especially not after a devaluation. Think about what august is g
Further into their private enclaves. May make aw settlement over its emissions seeking scandal at 4. 3 will dollars, that would push vw over its current position. A very warm welcome to bloomberg daybreak europe, our flagship show in london. Back at the obama administration, looking ahead to what donald trump means with his relationship with russia. Wishart start the show with this chart that puts it in context. The highs and lows of the obama administration, poverty with ted brents headwinds around gdp. Preserving hes legacy and the attention will be on donald trump and a confirmation hearings of some of his key appointments. But that in mind, the story around russia the very heart of rings today. What does russia know about donald trump and what did donald trump know that russia was collecting on him if anything . Donald trumps News Conference later on today. Lets put up the risk radar. Rookie keeping a close eye on what is happening to russian assets as result of this. How in from t
Week. Abe is getting ready to roll out the stimulus. The valparaiso may hear, set to teresa we have got may here. You can let us what you know of todays top stories by following me on twitter. Dont forget to include the trending business. The china and hong kong markets abouttting underway in 30 minutes time. Singapore and malaysia just came online. Look at what is happening this morning. Lot riding on premise or operate in japan today. The nikkei 225 up through 3. 2 . You got this expectation that there will be more announced. We do have to remember back in april when the boj unexpectedly refrained, we saw that big coming through. Investors buying the rumor. Looking at taiwan, it has come online, up by 0. 1 . 0. 2 , flatline and malaysia. Weaken seen the won against the dollar. The u. S. Hit that record high overnight, seeing gains of 0. 4 in korea. In australia, we are seeing some good moves. If we can get that up on the joint, alumina has a venture with alco. It is up by 2. 3 . Well