Business after brexit the uk Finance Minister delivers his so called Mansion House speech to Business Leaders in the City Of London so what will he promise and can he deliver . The perfect commute. Is the dream finally reality . A flying car you can actually buy. Our man at the Paris Airshow checks it out. Welcome to World Business report im Sally Bundock also in the programme a warning australias banks are harbouring toxic debt. Rico will have the details in a moment. But first all eyes are on the uks Finance Minister today as he outlines his Vision Of Britain after brexit. The chancellor of the exchequer, Philip Hammond is delivering his famous Mansion House speech in london one of the biggest set piece events of britains economic calendar. Its been given added importance by the fact that britain has finallky started Brexit Negotiations with the european union. Mr hammond has been at pains to calm fears of an abrupt change to relations between the eu and britain saying he wants the u
President trump travel ban, saying travels must prove bona fide ties to the u. S. 8 00 is a clock a. M. A. M. In the emirates. Shery this is Bloomberg Markets middle east. Day. E seeing a mixed some positive sentiment in japan because of the japanese yen. Everything else is mixed. Are pressing pushing toward the upper limits of the dollaryen. Several markets are reopening today, they have a good of catchup. The philippines, i think it is leading gains right now. The other story, we are not getting except for markets in china. Down one quarter of 1 . In the previous hour, they said when you look at the valuation, still quite cheap in the asian markets. Iron ore top of the list. Up 3. 4 following industrial profits in china continuing to rise. I think it was 6 yeartoyear. Shery you mentioned some markets coming back from holidays, but in the middle east we are still closed because of the holiday marking the end of ramadan, with the exception of israel. Still in themovers markets that are
President trump travel ban, saying travels must prove bona fide ties to the u. S. 8 00 is a clock a. M. A. M. In the emirates. Shery this is Bloomberg Markets middle east. Day. E seeing a mixed some positive sentiment in japan because of the japanese yen. Everything else is mixed. Are pressing pushing toward the upper limits of the dollaryen. Several markets are reopening today, they have a good of catchup. The philippines, i think it is leading gains right now. The other story, we are not getting except for markets in china. Down one quarter of 1 . In the previous hour, they said when you look at the valuation, still quite cheap in the asian markets. Iron ore top of the list. Up 3. 4 following industrial profits in china continuing to rise. I think it was 6 yeartoyear. Shery you mentioned some markets coming back from holidays, but in the middle east we are still closed because of the holiday marking the end of ramadan, with the exception of israel. Still in themovers markets that are
Create a reality check. Betty this is daybreak asia, live from bloombergs u. S. And asian headquarters. I am betty liu in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. The repeal of obamacare effectively dead in congress. What does this mean for President Trumps agenda is the big question. An unsettling move where the dollar is going. Betty it prompted the president to come out and talk about how many bills have been passed so to offset tenure these growing doubts. Get bigether he can measures passed through congress. That is causing uncertainty in the markets. We did close at a record, but it hardly feels that way after the initial losses this morning. Yvonne if you cant get health care, how much harder will it be to get tax reform and infrastructure . A lot of this week will be about Central Banks, and the boj starting that today meeting. The ecb with that decision, the 800 pound gorilla, on thursday. Hitting the dollar h
Rishaad it has been quite a seven months when it comes to the hang seng. Seven straight monthly gains for the index here. The chart gives you an idea of what has been going on. We have a 23 gain since the start of the year. January. P in july was also a Pretty Healthy clip as well, gaining about 6 . Can it continue . Canada tech stocks, which have been driving things up, and also money coming in from mainland institutions, partly responsible for the drive of, as we see the hang seng performing. Also, can the emerging market rally continue . It is extending gains into a seven month, even as we see a little steam coming out when it comes to the u. S. Stock rally. Session as weg get the asian trading day underway. 30 minutes away from the open in china and hong kong. We are really seeing this continued rally when it comes to commodities. Iron ore up over 7 . Copper surging to the highest in two years. Good data out of japan. Pretty solid out of south korea as well, driving positive sentim