Decision also coming up. Brings in divorce talks back on track e. U. Commission president truckload younger and Prime Minister to resign may say the next phase of negotiations can now finally begin. Plus hes called for a United States of europe but first yes to persuade his own social Democrat Party to Start Coalition talks which i saw a glimmer of those conservatives still use has an exclusive one on one with s. P. D. Leader Martin Schultz. Also in the next sixty minutes well take you to zimbabwe a country that used to be the breadbasket of africa but the dictates of rule by Robert Mugabe have left it on its knees we look at the task ahead for its new president and the many challenges he faces. And the german human rights activist accused by encore of supporting a terrorist organization w speaks to peters story after his release from a turkish press. Great to have you along the United Nations middle east envoy has warned about the risk of a violent escalation following the u. S. Decis
For a second time this year. We have world coverage here on daybreak asia. We will be live in tokyo later in the program to talk with Japan Airline accepting bitcoin as a payment method. Of course, we are watching the fed decision. The other story out of the capital was the shooting of a congressman during baseball practice. We will have a live report a little later in this program. This is daybreak asia, live and asiambergs u. S. Headquarters. I am betty liu, in new york where it is after 7 00 p. M. It is after 7 00 a. M. Here in hong kong, i am shery ahn. We have seen the fourth rate hike after the financial crisis. Expected. H not surprisingly did not get a huge reaction from the market. Betty not a huge reaction at all. We made up some of those losses right after that said decision. Of course now there will be lots leaf reading on when the next set hike will be and when it will unwind their Balance Sheet. That will be the topic that dominates the conversation around the fed. I want
For the first time, but economics continue to struggle. And hsbc chairman says china is managing change extraordinarily well. He tells us what he thinks of trump policies. Indeed, thats going to be tracking markets, front and center, we have the whole Federal Reserve issue to be dealt with in the next 24 hours. Theres a 100 expectation that there will be a rate hike, its about what is going to happen in 2017. They say two rate hikes coming up. We can dive into it and see what weve got right now. The next rate hike possibly being as soon as february there as well. 86 chance of that happening after this one which is nearly a 100 probability of the high taking place there. Fed pretty much front and center. Seems like its going to be normalizing. We are 30 minutes from open in china and hong kong. Singapore, taiwan, just coming online. Heidi, how are the markets looking . Were looking a little bit mixed at the moment. Tokyo shares falling into the red, extending losses over the last couple
In a little bit but tell me first about the conversation you had this morning with president elect donald trump when you informed him that you would no longer be building that plant in mexico. Well, we informed president elect trump and also Vice President elect pence this morning that we were going to be investing 700 million here in our plant in flat rock, michigan, adding 700 jobs on top of the 28,000 jobs that weve created over the past five years. And at the same time, told them we were going to be canceling our plant in mexico and the reason for that is that plant was we were going to produce the focus. Weve seen a market decline in demand for small vehicles. So were now going to produce the focus in an existing facility in mexico. Mark, what did the president elect say to you when you told him this . Well, over all both the president elect and Vice President elect pence were very happy that we were making these investments here in the u. S. And u. S. Workers. And we mentioned al
Frost. Im Contessa Brewer in today for sara eisen. Straight to the Global Market picture. Futures at this hour coming off the day which was a winning day, a fight back day for the bulls out there. The dow was fraction tally negative, but the s p higher. Nasdaq was higher by a half percent. Bottom line there r this was a back from tuesdays trade. This morning essentially flat. The s p slightly higher, the dow and nasdaq slightly lower. Despite the fact equities were resilient yesterday, we saw yields slipping which had been part of the catalyst and spark for the declines the day earlier. We went down to 2. 4 on the tenyear, hit 2. 35 yesterday. The lowest since the 28th of february. Just back a that 2. 4 level again this morning. That slight slippage of yields yesterday didnt do much to derail stocks. Asian markets are ending higher today as well. Thats a definite improvement for the nikkei, which lost 2 yesterday. As you can see across the board, the nikkei is up 0. 2 . Hang seng flatt