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Into 20 20 into an effort to counter the u. S. Shale boom. Italy agrees to cut budget plans to fit your rules but the lock conflicted still over who should be president. Welcome to the program. The European Equity markets opening up in 29 debts. Lets have a look at pictures. After positivity, a slightly different picture. We are expecting to see some modest gains at the start of the trading day. To theyoking at the gmm were closed yesterday and they in reacting to developments the truce in the trade conflict between the u. S. And china. More mixed and we do have weakness coming through in a number of emergingmarket currencies, certainly in korea. That is part of the story. It would be difficult to follow on from the bullishness. A new record high on the s p. President trump says talks with china have restarted. That was a positive story. Details from the u. S. To we will get that story. U. S. Equity yen and futures and treasuries ....
Haidi welcome to daybreak australia. Markets have just come online. Annabelle im Annabelle Droulers in tokyo. We are coming down to asias Major Trading opens and the top stories. Traders await jay powells congressional testimony and the u. S. Jobs report. Elon musk using the worlds richest person crown to jeff bezos as tesla slumps. Paul also ahead, haidi also ahead, the Supreme Court puts an end to attempts to keep donald trump off state ballots. Im Stephen Engle in snowy beijing for the opening of the National Peoples congress. An openin a warning not to invest in china underscores the leaders. Haidi we have breaking news to kick off the hour. South korea gdp numbers coming through on the bloomberg. We are ....
Opec supply cuts will tighten the market. It is labor day in the United States and canada, the regular band is out for the holiday and ive taken over for the interim period. A little bit of visibility of what is open. What we know is currently offline are the cash, u. S. Equities and theres also no cash u. S. Treasuries. Many firming up by 1 5 of 1 . The folks at jp morgan and Goldman Sachs making an argument around the story. In terms of valuations those are looking stretched. International equities more attractive. The twoyear german bunds with the country selling 5. 5 billion euros of twoyear government bonds thats coming up at the beginning of this month. A weaker greenback and then brent crude hovering short of 99 a barrel. Lets set the scene with assets in china. China builder shares surging with the nation boosting property support. Shares advancing 8. 7 . Weve taken the ....
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