But short on spending. And we have the world covered on daybreak asia and we will go to solvi seoul. It is budget day in australia, just hours away from the revelation of details. We are going to head to sydney for the latest. This is bloomberg daybreak asia, coming to you. Im betty liu in new york, where it is after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. It seems like politics are going to be dominating the market. Not the typical d. C. News flow to get out of the Trump Administration, but south korea voters, 52 million of them heading to the polls today, and budget day down under. Betty as we have noted, it looks like korean stocks seem to have priced in the volatility in those elections. They are just going higher. Markets are actually quite attractive in south korea. Topics is going to be the aaa rating, and what the budget details on whether that rating is in fact going to be jeopardized, or is all that talk just much ado about nothing . Meanwhile, stocks in t
Say they were hit by the firms thirdack as on the expectation of more. We will be in beijing and china. In tokyo to see why japans biggest banks are forecasting a fourth straight dip in profits. Washingtonwill be in as the of work continues over President Trumps dealings with russia and james comey. This is daybreak asia. I am betty liu. Betty liu in new york, where it is just after 7 00 p. M. Yvonne it happens to everyone. It is just after 7 00 a. M. In hong kong. I am shery ahn on tuesday. I have got to say, it is a live it is a live day. Nothing, to be honest, as as whatg happened in the u. S. The s p 500 is close enough 2400. Betty maybe because there was also a lack of Economic News or any really comments in the fed that investors went back to focusing on some old standbys, which, for instance, oil prices. Oil prices routed. And Energy Shares zooming higher. We also saw it on the nasdaq as well as the dow, closing up. It sets us up very nicely for gains in asia. Shery let us see h
Debt, offeringedebt to buy that billions. Anchor plosser continue to watch president trumps first overseas tour. We will look at how his domestic agendas tracking while he is away overseas. This is daybreak asia, coming to you live. I am betty liu in new york, where it is just after 7 00 p. M. Anchor it is just after 7 00 a. M. In hong kong. I am yvonne man. Yvonne we were expecting a risk on feeling, but it seems to be shattered just a bit as we get more development out of Greater Manchester of fatalities at the Manchester Arena just a couple of minutes ago after reported explosions. A fluid situation, but we see the moves on dollaryen here this morning. Betty that is right. Dollaryen. Come into my terminal on the many futures on the s p mini futures on the s p. When the news broke, Greater Manchester police tweeting that there were a number of fatalities. A number of fatalities and injuries. About whereonfirmed the bush and from, what was involved, but they are confirmed right now. F
Demands for better quality and safer food. We will be live in singapore a little later for the noble groups fight for its life. U. S. , thee in the fallout from the Trump Administration budget for 2018 fiscal. Released hours ago. Going through the mile high stack of papers. I am betty liu. It is just after 7 00 p. M. Yvonne is just after 7 00 a. M. Banks mentioned, central are going to be a key focus. Mario draghi speaking in madrid later today. Weighing inid, on boj policy with governor kuroda. Plus, an exclusive interview in 10 minutes. Betty we had that news yesterday, june 20 will be the day we will hear the announcements on who will be let into the index. Shares, a multiple shared to get them into the index. This june 20 going to be the day that finally happens . It does, what does that mean for the world of global finance. You have Pension Funds all over the world now looking at china a shares, and having to weigh them, which is going to be a different world. We are going to be a
China. The expectation is for the weakest reading since september. We have world coverage here on daybreak asia. Live in San Francisco soon to talk about ubers latest speedbump in self driving cars. Betty what a story there. We will be live in washington, the controversy surrounding the trump administration. , live daybreak asia from bloombergs u. S. And asian headquarters. I am betty lou. Yvonne it is just after 7 00 a. M. In hong kong, i am yvonne man. Breaking news from south korea. Industrial production, a big miss of the month on month protection figures, falling for the month of april. We were hoping for a slight rise of 0. 6 . Inramatic fall from the 1 march. Those have been revised to 1. 2 . Year on year coming in at 1 at 1. 7 . Of 5 from estimates economists. We continue to see this recovery in global trade reaching a peak. Export growth figures have been off of the highs. We seem to have stabilized. It continues the story, is this as good as it gets when it comes to the numbe