Shery welcome to daybreak asia. We are counting down to asias major market opens. Haidi asian markets are set for a cautious open ahead of the fed, with bets piling up on higher for longer rates. Treasury yields are getting some of their highest levels since 2007. Oil prices giving u. S. Housing makers a headache before wednesdays fed meeting adding to inflationary pressures while curbing growth. Indonesia pushing it critical deal with the u. S. As the green transition accelerates. We hear exclusively from their president. Shery the newest futures muted as we saw stocks and bonds falling in new york. The s p 500 down to a three week low. It is the eve of the fed Rate Decision and the bets are that centralbank policy makers will deliver. A hawkish hold. Of course we have Higher Oil Prices and you can cwt i at the moment above 91 a barrel. Brent just touched 95 a barrel at one point. Every time we have had Surging Energy costs we have seen the u. S. Tip into a recession in the mid1970s,
Labour ministry attends meeting to support ILO s efforts in Palestine
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