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annabelle: right. it does appear that inflation has bought the fed a little time before we can assess what is really going on. but it's a really delicate balancing act as we know. because there is risk that perhaps the fed is already late to recognize inflation. that they take the foot off the pedal too soon. at the same time, you have the delayed effect as well of monetary policy. it does, as we know, operate with a lag. as you say, yes, it is the case where you really know what is going on. with the benefit of hindsight. we have the view from the macro policy perspectives. that the woman in charge of that was a former fed policy official. she is urging investors and market participants and other economists to have patience because you cannot determine if a soft landing is achieved in real-time. what is interesting is now the case for a soft landing is still building amongst big banks. we are seeing them starting to change opinions. bank of america was one of the latest in early august. now switching

annabelle: they will be closely watched.hese ones, as a forward indicator, can set the tone over the next few weeks. we have certainly seen investors very much full funds out of the market over the past months as more economic signals started to mount a year. this chart is looking at those. the northbound stock connect flows over the course of august. we only had four days of inflows during this time. this was a record amount of foreigners taking their money out of the market. but you were just discussing the reform measures that came through over the course of the week. some in the market are saying this is actually starting to lend a sense of stability to the stock market. they are some of it -- having some sort of at least sitting a floor for how low equities can go from here. it seems like 300 is around 2% so far this week the best we have seen since july. let's look at what investors are saying. saxo says given the downbeat narrative that has been so present in the stock market we could see investors finally returning i

annabelle: i am annabelle droulers in hong kong. we are counting down to asia's major market opens.hery: good evening from bloomberg's world headquarters in new york, i am shery ahn. the top stories this hour. u.s. stocks rebound as strong earnings roll in. treasuries filing with fed officials signaling rates could remain higher for longer. haidi: volunteer shares turn positive on a higher profit forecast and billion-dollar buyback. the company claiming unprecedented demand for its ai. shery: ubs of revamping its investment banking leadership team, while waving a plan to cut 200 former credit suisse staff in asia. u.s. futures muted in the opening of the asian session after we saw stocks gaining ground in the u.s. session. the s&p 500 being led higher by communications services stocks and financials. after hours, we are also watching palantir, which at one point dropped 12%. of course we had the buyback announcement really pushing the stock higher. but investors were initially really spooked by the fact that its annual revenue forecast came in in the lower end of their forecasted ra

let's discuss with annabelle.not the way that the chinese economy was supposed to contribute to global growth this year. annabelle: that is right, i think it is so interesting when you talk about january and so much of the discussion was that china was going to be really powering will growth over the course of 2023 and offsetting what was supposed to be a slow down, particularly in the u.s., but the reality has been anything but that, because we have continued to seem the signals of strength in the u.s. economy coming through, that resilience of the best consumer. and then at the same time, the story of china has been so much of that weak sentiment coming through and the recovery that just failed to materialize. so this has been a major talking point for economist, given that there was an expectation that china would power 1/3 of global growth over the course of the year, but the impact of that is showing up and is with the most noticeable in aj in particular, because we are seeing exports lumps particularly in no

paul: annabelle in hong kong, thank you very much. let's get across breaking news, a busy week for earnings in australia, your hearing from blue scope steel, a slight ms. for underlying profit, $1.1 billion australian, and the expectation was for $1.14 billion australian. net income down 64% on year, a bit of a mess as well. final dividend per share coming in line with estimates at $.25 per share. bluescope planning to increase its share buyback program over the next 12 months. in terms of outlook, we are looking at $700 million aussie. shares up around 22% year to date. let's welcome our first guests, cohead of investments, managing director, and portfolio manager. i want to start up with some of the points and it always making earlier about the situation in china. i am sure you were watching this very closely. are you concerned about contagion risk, and do you consider china to be investable? >> we are concerned about contagion risk, and what we are having to adapt to is a new world where we can no longer count on china being a coun

let's get to annabelle for the markets in asia. annabelle: we are focusing at what we are seen in the kiwi bond space. yields move in a little bit higher following the decision yesterday. the rbnz indicating inflation could take a little higher. one more rate hike may be needed. the question revolving around how long do rates need to stay elevated. the key rate in new zealand could be at 5.5% until 2025. in the equity space, futures will open in the red. kiwi stocks online to the downside. we have been watching the moves in the japanese yen. we are above the level the dollar again crossed in september when intervention first started. while above that at this point. the question is whether intervention risk is on the horizon. anything that will lead to meaningful appreciation of the japanese yen will need to be an exit away from the negative rates. we have seen a lot of currencies depreciate amid the dollar strength over the course of this month so perhaps the boj are unlikely to act just yet. paul: still to come, our exclusive inte

haidi: annabelle has been tracking the succession planning. changes in emotional moment. annabelle: probably one that has been in the making for a wild given that we first saw the role of those three children really elevated three years ago into key positions in energy, retail, digital services. in the soundbite essentially the three children were appointed as nonexecutive directors. his wife is going to be stepping down from the board and the focus for the wife will be to devote more of her time to reliance foundation, the charity where she serves as the chairperson. this came during the agm held yesterday. and ambani will spend the next five years preparing his children for key roles. as india's most viable company. essentially where they will take the company as it is a digital green energy behemoth. if that is what came out, one of the biggest headlines from agm. something that he has a personal experience with. his father died several decades ago but essentially without a will. that sparked a huge clash with his brother which had to be di

annabelle: yes. it summoned and negotiations are going on between banks, bondholders, at country gardens. when you have this drop-off in housing sales and add that this is a developer that has also impeded access to the debt and equity markets like other developers, that it does really make it very difficult to service its debt obligations. the note to you are referring to is a yuan denominated one effectively due september 4 this coming monday. country garden ask to delay the payment on the coupon with a 40 day grace peri andod asked to stretch the repayment of the principal worth more than $.5 billion into 2026. bondholders have until thursday night local time in beijing, 10:00 p.m. to vote on the proposal. so far we have seen pushback from bondholders because the vote was supposed end of last friday but country garden had to extend the deadline for the vote until today because so many people had been asking for their full repayment by the original deadline. that chart looking at the dollar bonds i

annabelle: yeah absolutely.ow this is not a corner of the market that likes moves higher yields generally, but this chart taking a look at the s&p 500 nasdaq, and this is the worst re-day drop we have seen for the sector since february. we have the nasdaq slipping below its moving average, as has the s&p 500. you just mentioned some of the economic data telling us there is no reason for the fed to go back from that to possibly lift rates once again. and given those fomc minutes this week, that put pressure on investors to rethink, do we need to see another rate hike and how long do rates need to stay elevated? some of the investors and traders bloomberg has been speaking to our cautioning to put these moves into perspective given when you compare the slump in the tech sector over this week, it is more muted to other periods when we have seen similarly high rate environments. the sector has pulled back 7% to 15% in those times. it is something that has been discussed with the vix touching but 18 level for the fir

annabelle: we are focus on china's economy. it really is this issue around china's ballooning debt loads. taking a look at the total debt as a percentage of gdp. last year at 360%. this is painting a big picture. we are seeing symptoms of excessive debt coming through because you sought to fall the property sector. country garden one of the ones we focused on. also there is stress in local government financing vehicles. these are symptoms of excessive debt. it is becoming more difficult to manage. country garden, investors are still very nervous. country garden bondholders are demanding full repayment on an outstanding note that is due next month. country garden is asking for a three year extension to avoid default. another stock we will be focusing on in the session. paul: still to come, a big week for all see earnings -- aussie earnings. we will be speaking to the bhp ceo. fabulous surroundings... but everyone's looking at the for financial insights from merrill. is he hailing a ride to the concert hall? no. he's making sure

annabelle. annabelle: looking to take those cues from the wall street session on friday because we did sell off slightly into the close so we are seeing fairly cautious trading. new zealand online to the downside. in terms of what else we are watching, it is the moves we see with the dollar strength coming through and the japanese yen holding at the 145 level. the offshore yuan above 7.3, just fractionally. we will be looking ahead to data coming out because we have got the mlf decision. loan prime rates expected to be reduced by 15 basis points following moves by the pboc last week but certainly a lot of concerns around china's economy. those concerns are starting to hit broader sentiment and there is also that realization that the fed perhaps, there are more hikes to come. inflation is still at risk of becoming further entrenched so that is setting the stage for further risk-off trading. globally, when you take a look at stocks, we had the worst week since march in the prior week so not a grea

let's turn to annabelle.ng a look at major tesla suppliers, given those headlines that just crossed of the top of the hour, essentially tesla is cutting prices for two of its models in china, so the model y being cut to just under 350,000 yuan and the model y long-range cut as well. this is not the first time we are seeing, tesla cutting price tags on some of its models inside china, and this is been that bid to try to lure more customers, trying to get more adoption of its vehicles inside the country. it is part concern around ev makers generally inside china, because of the concerns around oversupply, so some saying that we are going to see some sort of sector consolidation over the months ahead. in terms of the outlook, looking mixed at the start of the day, but generally here for the most part to the downside. one sector that is in focus given all of these concerns mounting this morning around china's economy. paul: still to come, jeffries tells us why they see things getting worse for china's banks ahead

annabelle: we are counting down asia's major market opens. kathleen: good evening from bloomberg's world headquarters in new york. asian stocks set to start the week under pressure following mixed signals in friday's jobs report. fresh inflation prints coming out in the u.s. and china. haidi: israel's prime minister tells us he will not pursue the entire judicial oversaw initially planned tray -- saying he is trying to with store balance. cap -- kathleen: warren buffett's profit gains. haidi: the week were taking a look at u.s. futures. the focus will be on the fed given the commentary from two fed officials and a jobs number saying if we see a sustained weakness in jobs data in the u.s. the fed may have to start thinking about pivoting. we are seeing u.s. futures looking modestly higher. s&p futures up a 10th of 1%. the big story is going to be will we see a seventh straight week of gains when it comes to crude? the bti getting 20% over the past six weeks as we see restrictive demand continues to tighten and supply continuing to tighten. gol

annabelle: we are counting down

annabelle: that is right. when you take a look at what alibaba was facing in this quarter and so much of it in the june period was the weakness we were continuing to see in the china economy and consumer sentiment still not managing to improve. yet he tends competition from rivals. the results that came through overnight showed the first signs of a comeback for the company. the revenue growth -- this is for the china sales division which is the bread and butter of the company. accelerating to 14% in the june quarter. a big turnaround for the company. four straight quarters of contraction. really notable when you consider what is happening in the mac economic environment. other divisions in focus. there is the cloud arm as well. the other one we have heard spinoff plans for as well. it returned to growth although a little bit of a lower speed. what analysts had been projecting from the sell side can see in this chart that is the biggest positive cells we have seen for alibaba in the last years. the market react

annabelle joins us to discuss why.lump in most of the economic data out of china these days, investors seem pretty optimistic. what's going on? >> it's very interesting, when you take a look at the macro economic indicators, they are bad. but it's been interesting is we've had a slew of tech earnings over the past couple of weeks, alibaba, tencent, made swan the latest yesterday after the bell, they've told us consumers are starting to spend more. that's been one of the key takeaways. we actually saw made swan jumping more than 7% yesterday ahead of the numbers being released which came out after the bell. just to recap the numbers, we saw the fastest growth for the company since 2021, which is something that has been at goat across the other big tech earnings. sales up 33% in the june quarter to $9.3 billion. that was better than what had been expected. the company also swinging back to operating profit. the company saying chinese consumers are starting to spend more on meals, on travels and we have seen stronger serv

annabelle: i am annabelle droulers in hong kong. we are counting down to asia's major market opens.hery: good evening from bloomberg's world headquarters in new york, i am shery ahn. the top stories this hour. take's birthday in two weeks helps u.s. stocks again as treasury yields go higher and argentinian experts in freefall as a government deals with the political outsiders shaking up the election race. china's property prices affecting the listed industry. shery: we meet a man who could be taiwan's next president. he tells us exclusively how he plans to reassure voters and maintain peace. u.s. futures coming online slightly higher in the asian session. this, of course, after we saw u.s. major benchmarks gain ground, tech leading the gains. it was a low-volume session, not surprising given that august is a slow month, but a small tin can make a big difference. the russell 2000 of smaller stocks fall into a one-month low. also watching treasury yields. we have corporate bond sales weighing on prices. the 10-year yield at 4.2%, which would be in november high. the 2-year yield appro

annabel: i think it is a question of what is not moving instead.k at this terminal chart here, this is the turnover or average time function. essentially, what it tells us is where the training line is that, and the dotted line, the likely one, shows us projection over the course of the day, versus the darker line at the top, the 20-day moving average. right now, we are about 35% lower for trading volumes from where we would be typically over the last few weeks or so. it really points to how much uncertainty there is no market at this right given those two big events later this week, nvidia earnings that do after the bell in the u.s., and also you can add to that jay powell these eking later this week on friday and giving us an indication on where rates go from here. so rates are sitting on the sidelines. let's take a look at what is moving so far. one of the key focuses will be japanese seafood companies. one of the top gets about 5% of its revenue from outside japan, so essentially why we are focusing in on these is because hong kong has just imp

thank you, annabel will be with in annabel will be with us in the next we're going annabel will be with we're going annabel will be with us in the ne be speaking to we're going annabel will be with us in the ne be speaking to former'e going to be speaking to former scotland yard detective peter bleksley security bleksley about the security risks now facing politician following scaling of following greenpeace scaling of rishi sunak house. this is britain's newsroom >> looks like things are heating up . boxed boilers proud sponsors up. boxed boilers proud sponsors of weather on . gb news. of weather on. gb news. >> hi there . it's aidan mcgivern >> hi there. it's aidan mcgivern here with the forecast from the met office for gb news. fine. for many of us today , largely for many of us today, largely cloudy with some heavy showers in the east, especially east anglia and the southeast. that's where low pressure is pulling away. but a ridge of high pressure arriving in the west to bnng pressure arriving in the west to bring largely dry conditions before saturday's weather moves in. more on th

annabelle: fed officials are focusing on the session.nough and powell set -- and susan told yahoo! finance we might be a place where we could hold but the open for japan and korea has started trading on the bull yet -- the move yesterday was for treasury yields and dollar strength put stocks under pressure in the session. no surprises perhaps the nikkei 225 coming online 1.3% to the downside and still watching the japanese yen given we just pushed above the 140 six level with the greenback strength. japanese inflation figures, tookie ones came out half an hour ago, considered a leading indicator for the country but consumer prices fresh food rising 2.8% below 3% for the first time since last september, weaker than predicted. boj says price gains will moderate due to following commodity this year and into next but it is interesting when you look at the core readings streaming out energy and fresh food costs still at 4% so it tells us perhaps there is still stickiness in a deeper inflation trend. that's the open for japan. the focus in kor

annabelle: if you change on, the outlook for copper.ing better than other base metals that has been under pressure. essentially when you take a look at this chart it shows copper is holding around the eight thousand $500 range. near its long-term moving average, it has been very tight. the prices of base metals and copper, very dependent on what comes out of not only the u.s. economy but china's economy. a lot of disappointment in economic numbers from china. cpi inflation numbers are the key ones to watch because it could show deflation taking effect. cpi is due out from china on wednesday. something else on the calendar is the earnings do on tuesday. this is a company that has been rushing to buy up as much supplies of copper, lithium as it can. essentially the cash pile of this company has got debt hovering around zero so investors are focused on what glencore is going to be doing, how it will put that cash to work. kathleen: moving onto oil prices trading near three-month highs as opec-plus signals staying the course on its oil supp

annabelle: the bond rising. investors have been wrongfooted a number of times over the past few months with surprising strength and resilience but as you say, it is u.s. inflation data that will be closely watched. the moves we are seeing in the bond space monday opera writing, in new zealand, we're seeing the 10 year yield rising. we are seeing a retreat. in terms of the outlook for equities, it is mixed into resume -- the region. in japan we have sony, softbank, the key is whether the vision fund with four straight quarters of contraction. it's a countdown to inflation data. haidi: it's looking like a q. week, let's bring in stephen engle. official data suggesting continued downward pressure. >> the anecdotal evidence has been mounting quite a bit and that's likely to back up anecdotal evidence. there is no one chinese economy, to be fair they are traveling and trending. they are not buying properties unless the prices keep going down. they put in a lot of new orders with the expectation there would be pent-up

i think quite a long time it was very successful and my colleague at bennington, annabel davis, who's a writer and and teacher at bennington decided that she thought this is quite fabulous and she would try to start a similar one at bennington. and so she contacted a which is it's not that close it's about an hour from bennington in comstock new york. and after minimum maximum security prison and after lot of jumping through hoops and filling out forms and a lot of, you know security issues, she was able to start the program and i'm thinking that must be, i don't know, maybe close to ten years ago, seven or eight years ago at least. and i got involved in it through her. she's somebody i and take her advice and she said i would love teach you there which in fact is true is great. well, what were you teaching bennington and what were you teaching the prison at bennington taught literature, and it's a small department. so we've sat had a very wide sort of of things that we all tried to do. and i found myself sort of specializing in making sensory stuff because that seemed to be lacking a

haidi: annabelle in hong kong. turning to geopolitics, vladimir putin has agreed to visit china in october, his first foreign trip since march when the icc issued a warrant for war crimes let us go to bloomberg's general news director, this is a key relationship, what do we know? >> what we know is that president jinping in china invited president putin to attend the bell and road summit that they are having in october. the russian president said yes. it would be his first outing, his first time outside the country, he has visited some russian occupied areas of ukraine but his first time to go anywhere outside of that area since march when that arrest warrant was issued for alleged war crimes issued by the hague. the importance of this relationship with the chinese leader, to mr. putin, the chinese leader went to basically went to moscow and has tried to broker president jinping's -- trying to broker a peace agreement for ukraine but has stepped back from publicly giving much support for the war although of course,

annabel joins us now with more results in hong kong. bell so it seems recession concerns are pretty much fading. yeah, that's right. sherry and off the back of that, perhaps, we're also seeing optimism rising as a result. but just recapping some of the key findings from that bank of america fund manager survey, the first is that investor allocation to equities is now the least underweight since april of last year. and second is that more and more investors are expecting inflation to slow over the coming 12 months. so when you take those two things together, it is quite a rosy outlook and that's being really reflected in this base case for recession now, and that's for a so-called soft landing to come over the coming 12 months. so that really is something as well that's been reflected in the moves in global stocks. have you changed on now? and take a look at the oil all country world index and you can see those moves higher over the past couple of months with those changing expectations now more than 12% over the course of this year. but

annabelle: this is then about drillers -- annabelle, a lot of economic data given what is coming up,d quarter gdp. it could tell us that gdp growth has been accelerating in the second quarter, but could be driven by external demands. speaking of, you are expected to confirm the slowdown. stepping up with further stimulus measures, quite a heavy day but let's change on and take a look at what we are seeing in terms of futures, looking fairly range bound given in particular, futures coming online in chicago are firmer. paul: he told us about his plans for managing relations. >> we must abide by the truth which is what i mean by pragmatism, it is the taiwan is a sovereign independent country, it's not part of the people's republic of china, it is not necessary to declare independence. >> what is your roadmap to formal independence? >> protect taiwan. no such framework exists. we must maintain the status quo because taiwan is already a sovereign country. >> taiwan keeps pushing, it is simulating the naval blockade. increased tensions have not originated from taiwan, it hopes to change th

annabelle: that's right. that's one of the most interesting takeaways from this set of earnings. how well alibaba has seen growth across its major divisions but typically the -- but particularly the china sales for the june quarter. you think about the headwinds alibaba was facing, we've still got a very sluggish domestic economy in china, we know chinese consumer sentiment is weak there. there are also other factors like that increase in competition we are seeing from the likes of pbb from china as well. the fact that alibaba managed to pose these numbers, we saw the biggest surprise to the upside or positive earnings surprise and more than three years for the company. citigroup among those saying that these are really the results that wall street had been waiting for. when you change on, take a look at the market reaction that came through to this. we saw alibaba up near 5% at the close in the wall street session. we will be watching how shares trade in hong kong today. something that lifted sentiment for the golden dragon index especially on a day that we saw stocks and trader

annabelle: the focus has been on the government of crack down, chief political concerns, to -- but itpear we have turned a corner and we have seen the rally with alibaba tencent on the signs of that. the concern or the earnings today, the focus will definitely be on those growth numbers because we could see the strongest results now in more than a year. as you can see in the revenue breakdown, it really just shows how much china commerce accounts for the profitability of alibaba, you are talking about two thirds of total sales. for straight quarter -- for straight quarterly declines for the segment but in the earnings we will see growth of about 5%. kathleen: consumer sentiment week in china, that's one of the big stories, right? so how does that affect the results? annabelle: it really could have a significant bearing on the numbers coming through today because, firstly you've had china's consumers being reluctant to dip into their wallets to get them out and to spend. secondly, intense competition in china between its rivals like tencent, jd as well. to try to address that, the focu

annabelle: it does appear investors are focusing on the negatives.rly concerned around news flow on the semiconductor and film business. we are seeing this slide even though the company results are largely in line with expectations for the latest quarter. and the company is opting to leave its full-year guidance as before, and not lifting other targets. honda is another stock we are keeping because that is rising after its first quarter profit beat. they also announced a stock split. we have seen quite a few of those in the japanese market to lock further value for shareholders. other companies in focus this morning include the energy giants. after we saw wti hitting a record, we have brent crude weaker in the session but in focus for investors, turning to u.s. stockpiles, supply concerns and constraints. it is further exacerbated by tensions or the escalation of conflict between russia and ukraine in the black see. these have moved higher in the session, notable because of the big drop for those names friday. not just a focus on oil, other key commo

annabelle: yes this is a stock that has been suspended for 17 months now but the company says it has essentially met the conditions in order to restart or resume trading. they want to start on monday. this is going to be a lot for investors to consider as to whether they want to buy into this stock. you recall when it was last told that it had already dropped around 95% in value from its peak back in 2017. the news that needs to really beef -- really be refocused is restructuring plans and also earnings. on sunday at the company reported results for the first half and it showed a further loss to $4.5 billion. net loss adding to more than $80 billion from the two years prior. certainly something to be watching, creditors. we have meetings planned for monday to discuss or vote on the offshore restructuring plan. a lot for investors to be focused on today. let's take a look, you mentioned what trade reaction we can expect. some of the developers that have been holding in the past, this is the reaction we saw when it did start trading again. you can see here big drops across the board. i

annabelle: a lot of central bankers will be watching jackson hole closely. we have the bank of korea do with the decision later today. the line in blue is the bank of korea benchmark rate. say not hold here versus what you see with the fed. the yield gap is now the biggest on record. are there any changes expected today? all of the economists in our survey say we will see rates saying as they are for korea. what could change is the effect that the yield gap is having on the korean won. we have seen it under pressure this month. the korean won sensitive to what is going on in china. it is the worst performing currency in asia so far this month. and might force the bank of korea to for some time within the next six months. a decision we will be watching very closely. haidi: annabelle with a look ahead at one of the key events we are watching i had. still in the think of earnings. we are getting more details when it comes to the outlook of aia. we will speak exclusively with us cfo, garth jones. this is bloomberg. ♪ >> the way to make money in the next couple o

annabelle: i saw the volatility tells us perhaps a sigh of relief and it's time to relax. futures are mostly pointing higher. we are watching the japanese yen given the yield yet. you mentioned the moves in china and that is the big focus yesterday. it was about cuts on stock purchases, slowing ipo processes to try and boost market sentiment. take a look at the moves yesterday, up at the most 5.5%. put that in context, this is a rare move. we have only seen it to other times since 2004. to pair those gains throughout the session, our colleagues are saying this does indicate perhaps perhaps the china needs to pull out measures to spark investor interest. foreigners continue to pull money out of the mainland session. we had local media reporting china may boost adr. haidi: of course, we are's watching bond markets closely as we see the surgeon yields drawing in global investors. creating some headwinds for equity markets. treasury options, the highest since before 2008, a reflection on the impact of for the rate hikes. we are seeing federal deficits increasing the supply of

this is bloomberg. ♪ annabelle: this is daybreak asia.ssion for sydney, solon tokyo. when you take a look at the function with how we are going at the start of the day, you can see now sectors are in the green. there is a clear one leading the gains today, that the i.t. stock. you can see the benchmark for the sector is up more than 1% as we get underway. no surprises for what's driving it. let's take at the nvidia suppliers and asia in particular because this was a third straight set of earnings. projects since -- projections for this expect the coming at 16 billion dollars. this $3.5 billion more than what analysts had been predicting. a huge gap there. nvidia is soaring in after hours trading nec the likes of sk hynix jumping in soul allows are our others in japan. let's change on and take a look because it's not just the nvidia affect, it's also it came through in the wall street session. specifically we had moves treasury yields that reflected in the session today, just that retreat. the weaker economic data telling us the fed has ri

the palestinians' operation was a response to the annabel settlement's graves. the esq al garan attack led to clashes with the palestinians. this country celebrated and celebrated. according to the associated press news agency , the abani people in this gathering called the reza race illegal and corrupt and expressed their satisfaction over its fall. days with after a month of the coup in niger, a country in west africa with rich uranium resources, the coup has reached gabon, a country in the west of central africa, a country with rich uranium and manganese resources, which is one of the largest oil producers in africa . from 1950 to this coup in gabon, about 220 coups have taken place in 45 african countries, which is nearly 44% of all coups in the world. the reason for this, this african expert says , is that france and the west, which support the ruling governments , could not meet the people's demands. and this is the most important support of the people for the coups. the recent coups in africa, contrary to the name of the coup, were not so hated and it is

will be able to be that would be for the family to be on the way that if you, you get out of st. annabelle long's e. so you go go to a level and be more of the wood g e as a whole lot of things that this is miss hall. i'm or coffee and ask him is on the matter. is that some of the others but those is there's a so that was kind of the comment was laid out this countertops, i mean, a woman. thank you again. the nice it was on this list. i mean, most leave it on saturday last, i mean the momentum i moving to chicago, the name of care suddenly been little as close to the way of sales began to to me, i believe i wound up if somebody can blow, hopefully you need to look into the, the deals not only are we in i really need to move it to the, to the video and we go because, you know, a course that we love a as the media does, it really does or yeah, it does a good job or do we get that for you, by the beginning, because i think it's only better to me, a favor because i never really meet the know the god or we could go on the edge of the timing. we didn't include the dollar. isn't take you to use t

will be able to be that would be split down the rest of the way that if you, you get out of st. annabelle long's e. so you go, go to level and be more than the g e, as all the other things that this let's that comes on there for, for me as hall. i'm or coffee and ask him is on the matter. is that some of the others? but those is, there's a so that was kind of the comment was laid out as countertops. i mean, a woman. thank you again the and the a nice that was on the sort of, i mean most leave it on saturday last, i mean the momentum i moving to chicago, the name of care suddenly been little as close to the way of sales began to to me, i believe you'll be able to get who weekend i will not pick so that he can go hopefully if you need to look into the the bills normally. oh you. # i really need to move it to the amount of the bill to the go because you know, a course that we love a as the media does. it really does or yeah, it does a good job or do we get that for you by the beginning? because i think it's only better to me. a favor because i already meet the know the got a week ago moved o

annabel croft said she was looking forward to "swapping tennis balls for glitter balls".urs' time from new mexico on virgin galactic�*s first space tourism flight. jon goodwin, from newcastle under lyme, says he wants to show that his condition doesn't define him. sophie long sent this report from new mexico. i've been waiting a quarter of my life on this earth to go into space. at 80 years old, jon goodwin is an 0lympian, an accomplished adventurer, and now almost an astronaut. this has been a long time coming. he bought his ticket for $200,000 nearly 20 years ago. jon goodwin... here he is talking to bbc breakfast in 201a. i was never...envisaged wanting to go into space, but the opportunity as a bit of an adventurer to actually go to 70 miles high, see the curvature of the earth, the blackness of space, going weightless, and all these things, was an opportunity that i couldn't miss. but news he received that same year made him think he might. jon was diagnosed with parkinson's disease, which damages parts of the brain, and its progression is impossible to predict. i wa

annabelle: probably another signal of the weakening economic outlook.e session. we are currently scoff today. every single sector in the red at this point. what is leaving that? the fed meeting minutes told us officials are still concerned about the outlook for inflation. we are going to be staying higher for longer. let's change because when you take a look at apac stocks we have only been up for two days over the course of this month. this is something turning low. apac stocks heading toward the lowest. we are taking a look at the 30 level. stocks also looking undervalued. part of the story is the dollar strength. we have been seeing the dollar move above its 200 moving average. some big losses in this region. the japanese yen one of the standouts. the third worst performer. you also have the korean won, the biggest standout down nearly 5% over the course of this month. it is not just the story of dollar strength because a key trading partner of korea is china. kathleen: let's get more and china's economic woes. let's bring in our markets coanchor, da

annabelle: absolutely.is if the pessimism around china's economy has baked in or if there could be further downside. the start of trading for cash treasuries, there are some key stocks we are focusing on and one is softbank. the stock is not yet trading. we will watch when it comes online because the chip designer filed for an ipo on the nasdaq. the details so far, it could be one of the biggest in the u.s. this year, the biggest since alibaba. barclays, goldman sachs, j.p. morgan are among those leading the offering. morgan stanley noticeably absent. the valuation could be between 60 billion dollars and $70 billion and we will watch for investor reaction. we will watch for live pricing on that. we have the focus on treasuries because yields on the 10 year around 816 year high and continuing to build among investors that rates will stay elevated even after the fed ends the hikes here that is the state of play as we get trading underway. if you change, the moves in korea at the start of the day, what we had

annabelle: counting down to asia's major market open. paul: a risk off move as fears of further rate hike go further south for u.s. stocks and bonds in the intervention alerts zone as we wait for japan cpi numbers. beijing is said to tell state owned banks to step up in the pboc also chiming in to stop yuan's slide. goldman sachs planning a hiring spree to address regulatory concerns from authorities, including the fed. shery: u.s. futures extending the declines we saw on the new york session were u.s. stocks were down for a third consecutive session. tech giants leading the decline the likes of microsoft, apple were down today. we have pessimism over the chinese economy, but it was really about the concerns that the fed would tighten policy. we had more data today showing the labor market remained resilient with those jobless claims. we had most treasury yields higher. talking about the 10 year yield at the 2007 high. the 30 year yield in that 2011 hi. on the others we had one sector on the s&p 500 to gained ground. that was the energy

i'm annabelle drillers -- annabelle droulers with key investment opportunities today. of different headlights a cover, geopolitical tensions that we spoke about at the hour, inflation in just a moment, but also the issues in the property sector. we will be watching for any updates that we get around country garden in particular. this is one of china's biggest property developers by sales, largest -- sixth largest. but a key headline in the drop yesterday is that we understand bondholders did not receive coupon payments due on monday. they were supposed to be paying interest repayments worth just shy of $23 million on monday, two different fonts and focused. bondholders say they have not received some of those. the company is yet to fully acknowledge this, but they did say that they are expressing liquidity stresses, and even without that we did see them slumping in the intraday session. those concerns around the property sector are feeding across to other developers in the session, and china futures are looking weaker ahead of the sessions. property stress is one, and

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more than 90 palestinians were injured in the zionists' attacks in the eastern areas of annabel, westbank, in the paki and tarak of moscow, and some of them are in serious condition. in this attack, about 30 military vehicles, along with a bulldozer, entered the sharqiya area in the city and were destroyed at the same time. 10 military vehicles entered the area and the livestock market in the east with the aim of laying the groundwork for the attack on yusuf's tomb. the destruction of yusuf due to the continuous attack of the occupation forces and settlers on this place and the attacks against the residents of the adjacent areas is one of the channels of tension in the town. they also attacked berlin in the west of jenin ali omri committed a new crime this morning in aliha and the rear camp, during which two residents were shot dead in the framework of the country's field executions, attacks were carried out on unrestricted areas, and the zionists killed 15 palestinians with claims the united nations announced that the zionist regime has killed 167 palestinians in the west bank in the

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toyota is the leader of annabelle . size of our thoughts let's choose, i talk a lot about my shield and my cold, but i will go for the shield on the 31st of brazil, which is in september. i am very happy that we won against paraguay and colombia in the draw. dehistan is very good. we need to be more prepared, then approximately 13 or 14 days later, we have to go to kazakhstan for the qualifiers of the world cup, where they will socialize with lebanon, kyrgyzstan, and macau, or the maldives will be in the same group, and then it will continue, and we will be ready for the selection in april. the world cup is unfortunately out of what is on the site so far it is fifa day, but in this program we are going to see the players and we hope that the choices will be right, but from the point of view of the head coach of the national futsal team, our league is one of the very good leagues in the world. with these difficult economic conditions, the club is a private club and they are working hard. the conditions are much better th

annabelle: this has really been considered a watershed moment.the border industry. u.s. is overturned -- has overturned a decision by the sec to block an etf that invest directly in bitcoin. the sec is thus far only allowed crip so based on futures because it said things are safer. the sec said it's reviewing the position of the agency could've continued to choose to fight the ruling and is a stinging rebuke for the sec chair who has so far really wages war against the crypto industry. but the etf comes from grayscale and a has been pushing for this sort of thing for years. grayscale bitcoin trust is 21% with bitcoin surging in the session. in asia today we are seeing some stocks looking a little bit higher although not quite the magnitude of the moves we have seen in the wall street session. let's change on and take a look at what else we are watching. we are seeing asian makers of personal computers, printers, quite mixed for us. but essentially we had hp coming out overnight reducing its for your cash flow and profit outlook. you can see they

annabelle. yeah, that's right.hange expected from the rbnz in its decision later, but we're counting down, as you say, to the opens for sydney, seoul and tokyo and the start of trading for cash treasuries. we've been watching that ten year yield, the two year yield quite closely as we get trading underway. but given that move higher we had in yesterday, kathleen, it really was what we heard from neel kashkari, essentially. yes. touting some of the progress that the fed has made in controlling inflation, but still saying it's too high and that he's not ready, just yet to call an end for rate hikes, further reinforced, of course, by the retail sales that came in stronger than expected. and really that narrative now shifting from how high rates may go to how long that they should be staying elevated. so that's the state of play for treasuries as we come online here. but that yield gap between japan and the us still in focus. and we're watching that japanese yen as a result very closely. we did have some verbal interve