Investors are not so sure. A Virtual Reality platform picked up for oculus. We are live in san francisco. Lets get to sophie forecheck on markets. Sophie aussie shares are unchanged after a threeday gain. Kiwi shares building on gains after topping 11,000 on tuesday. Nikkei and cost be futures kospi are lower. Slide despite the enthusiasm we saw for alibaba shares, which closed about its issuance price. Lets check on housing bonds, which are gaining ground after the rba governor the move tracking treasuries. Aussie yields falling 35 basis points across the curve. The three years left below the rba cash rate. A bond rally expected to push the 10 year to 50 basis points with unconventional easing expected in the second half as the australian economy slows. The kiwi holding its threeday gain. This morning, we heard from the rb governor. Mentioned rbnzso is working with westpac after the findings in australia. Paul thanks very much. Lets check in with first word news. Chinaly indicators sh
Investor demand is several times oversubscribed. Sometimes people look at australias market which has just opened what are you watching . Slightly under pressure after the game we saw on tuesday. Kiwi shares are gaining. The could see a softer open in seoul and tokyo. The nikkei stock average has more than doubled since shinzo abe took office. Economic strategy still lacks traction. It is a busy week that session ahead with japanese trade and chinas update on the docket this wednesday. As we are waiting on alibabas final pricing on an ipo. Here in hong kong as schools reopen and we await more protests, housing futures have snapped a today advance. Volatility has slumped over the past two sessions. Acrosse sliding further there is optimism we might see a peaceful resolution to the protests here in the city. Lets check in on first word news. Boris johnson and jeremy overn repeatedly clashed policy in their first televised election debate. Johnson said he would massively raise Government
Addressing their core concerns while the u. S. Trade representative said the 2 sides made progress in a variety of areas and are in the process of resolving outstanding issue this comes as President Donald Trump was expected to meet with his chinese counterpart xi jinping on the sidelines of the Asia Pacific Economic cooperation summit in santiago chile to sign a phase one trade deal touted last month though that summit was canceled trump said both sides are still looking for a new location somewhere in the United States. Rob this 1st i want to get that. Going to be pretty but. We got the deal to get the deal to me like the gum very little. People familiar with the matter say president xi jinping is open to a u. S. Trip to sign the 1st phase of a trade deal however no final decision has yet been made. At the last. India has pulled out of the Regional Comprehensive Partnership which could be the Worlds Largest trade pact citing concerns that the deal could hurt the countrys farmers busi
In the world corrupted you need to descend. To join us in the depths. Or remain in the shallows. With this blue bus broadcasting around the world and covering all aspects of our Global Economy in the 21st century. And im fair montecito that in washington heres a look at what we have in store for you today. Whenever india is ready theyre welcome to get on with. A major trade deal in asia may face an uncertain future as india has declined to join the path. Of the institute. China americas studies is in studio today to break down the latest in Southeast Asia shipping and brings us up to speed on the transpacific trade. I think we are proud of the listing of our employees will increase so what does it mean if. The i. P. O. Has been set for the worlds most Profitable Company but will it fare better than the string of other hype the listing launches horror with the bubba trade enjoys the show today to drill into the details and hit on several other movers so so much to hit on and so little t
A phase one deal later this month chinese advice from nearly you ha and u. S. Trade representative robert like hisor and treasury secretary Steven Menuchin reach consensus on principles according to reuters the Commerce Ministry of china said the 2 sides conducted serious and constructive discussions on properly addressing their core concerns while the u. S. Trade representative said the 2 sides made progress in a variety of areas and are in the process of resolving outstanding issue this comes as President Donald Trump was expected to meet with his chinese counterpart xi jinping on the sidelines of the Asia Pacific Economic cooperation summit in santiago chile to sign a phase one trade deal touted last month though that summit was canceled trump said both sides are still looking for a new location somewhere in the United States. Rob read this 1st i want to get this right going to be very. Very well to get the feel. Now that weve got the deal that we will go it will be something like.