sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour -- talking trade. president trump switches tony at again, saying a deal with china could happen sooner than anyone thinks. progress, too, on a deal with japan. a limited agreement is signed after washington withdrew the threat of tariffs and a threat of impeachment still hangs over the president. he releases the ukraine transcript. shery: let's get a check of how markets close. as you mentioned, we saw impeachment drama play out in washington. that weighed on markets a little bit, but there was more optimism for potential trade deals, not only with china, but that limited trade deal with japan

sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: the top stories we are covering in the next hour. president trump facing formal impeachment proceedings with house speaker nancy pelosi saying he has violated his oath of office. the president also moved markets with critical comments about china and iran. investors are weighing another change of tone. no more work for wework boss adam neumann, he is quitting a ceo saying it is in everyone's best interest. kathleen: let's get a quick reminder of how u.s. stocks ended the day. it was all about politics. geopolitics. the dow jones losing a half percent. s&p 500, nearly a full percent. drop pointl, the 10% in consumer confidence in the u.s.. our people worried about the trade war? yes. donald trump increasing the downward pressure on stocks when he gave his speech at the u.n. general assembly and started talking about wanting free trade, reciprocal trade with china. criticizing him for heavy state subsidies and more. social media

back to sophie kamaruddin. what are you watching? checking on the risk barometer, the yen back above 1.07 after briefly breaking that level for the first time in two weeks overnight, while gold is holding steady after a four-day drain, trading near a two-week -- four-day gain, trading at a two-week high. we have the report registering sagging u.s. consumer confidence. that is hitting risk sentiment as well. in bonds, bands continue with the aussie 10 year yield below 1%. sliding benchmark yield three basis points this morning. let's switch up the board check in on the kiwi dollar which is looking little changed. ignoring that whiter than forecast trade deficit we saw -- wider than forecast trade deficit. it is expected to hold the rate at 1% after 75 basis points of cards that we saw so far this year. the kiwi dollar is set to remain on a weaker footing in the coming weeks. should the rbnz confirming more cuts, taking a wider view on that. it is off nearly 5% over the past year. guys. kathleen: 20 more, next. this is bloomberg. ♪ -- p

paul: sophie kamaruddin there in hong kong.tial editor in chief of china's state-owned global times newspaper says the military could still be centered on hong kong but only as a last resort. she was speaking to tom mackenzie who joins us from beijing now. what did he say? editoris person is the of the global times newspaper which comes under the people's daily, state-owned nationalistic tabloid. he claims to have good sources here in beijing. this year he has predicted on a number of occasions forecast beijing's actions around the trade front. we focus on hong kong. the first question, or the major question is whether or not beijing is seriously considering at some point sending in the military to hong kong if things continue to spiral out of control. this is a question i put two -- listen to what he had to say. this option should not be ruled out. our armed forces gathered in shenzhen, sending a warning to hong kong. theink it is obvious central government would only take the measure in a cautious way. they would not make the

sophie kamaruddin has the latest. china's 70th anniversary continues to loom closer.n the continued focus territories north of the victoria harbour across from hong kong harbor -- hong kong where i am standing. and whatg frustration, we saw was targeting which seemed to be pro-beijing. this was organized by the government for this week. the thursday's session we see 200 attendees but there is doubt how much progress can be made given the government said they will likely concede to protesters' demands. this could be voted on this wednesday and the house committee fall while there are increasing calls for the hong kong government to manage long-standing issues underlying the protest. against that backdrop we see stuff continue to flow into hong kong and ab inbev is surprising is listing of the asian unit seeking to raise $4.8 billion. paul: more on that story later on. sophie kamaruddin in hong kong. still to come drama inside one of the world's biggest startups. we work directors want the ceo to step down after the startup delayed its much-anticipated ipo. shery: globa

let's get to sophie kamaruddin in hong kong for what we should be watching. soph. ields continuing to march higher, things could get tougher for growth stocks. we have seen the shift in the u.s. but we have yet to see a turnaround in asia with value stocks underperforming growth nearly two decades. taking a year-to-date view, we are seeing a slight reversal as some money moved back into the values late last week, so we could see this play out in asia. shery. shery: thank you so much for that. time now for a bloomberg scoop. google is being ordered to turn over a wide range of information about its advertising business. our antitrust reporter, david, has more in washington. at is not only details about its ad tech, but it's acquisitions over the year. yesterday, the state ag's announced today are investigating google. they said they are looking at google's advertising business, but what we learned today, bloomberg obtained a copy of the subpoena that the state sent to google. detailed, about 30 pages long, and it shows that the states are looking at essentially every

sophie kamaruddin, life for us out in hong kong.'s have a look at this influential editor-in-chief of the "global times." exclusively about these protests. if there was a deadline, i hope it is as soon as possible, but it is not up to the outside to make the call. clear that the option should remain on the table, if some of those conditions are met. >> this option should not be ruled out. our armed forces gathered and drilled in shenzhen, sending a warning to hong kong. i think it is very obvious that central government would only take measures in a very cautious way. instead they would like to see the problem resolved. is there an understanding in beijing of the costs to china, in terms of the costs for china on the geopolitical global stage and the economic costs for hong kong as well, as well as capital flight moving out of the city. are those costs well understood? >> if china was sending military to hong kong, that would be the time when the situation down there already had totally paralyzed. the city is a financial hub and it

sophie kamaruddin is live on the streets of hong kong. what can we expect today? phie: it is calm and the city right now but it will not be a quiet national day even with scaled-back official activities. i'm across the hong kong convention center which has barricade set up around the pruner with police on guard. a patrol ship on the water as well. this as dignitaries will be here to observe the official flag raising ceremony from endorse while the ceremony takes place outdoors at the square. chief executive carrie lam is not in attendance. she is in beijing but is due to return to the city later. a very different celebration for carrie lam compared to last year when she spoke of better integrating with the mainland with initiative like the greater bay area and belt and road project. overshadowing official ceremonies will be unauthorized rallies planned for six district across hong kong island and territories that are due to start later this afternoon. large numbers of protesters are still expected to gather in defiance of a police ban on the march along the route t

sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. did he quit or was he fired? confusion around the departure of u.s. national security advisor john bolton. china removes another obstacle to foreign investors. global funds no longer need official approval. speaksstanley's boss exclusively to bloomberg, warning the fed against cutting rates. >> i've supported the latest fed rate cut and i suspect they will do one or two more. but then it is time for a pause. shery: more from that exclusive interview with james gorman ahead. plus in bloomberg technology global link, ap's incremental tweaks to the iphone lineup. we will ask if that is enough to lure buyers. that's get you a quick check of how the markets closed in the u.s. a bit of a rocky session for markets. gains and losses but throughout the session getting a bit of a boost. the dow up three tents of 1%. the s&p 500 unchanged. media reports talk about chinese purchase

sophie: and i'm sophie kamaruddin in hong kong. we are counting down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour says his callrump was wonderful, but the white house is already trying to lock down the record. trying to hit back on u.s. sanctions, beijing demands the lifting of measures on iranian oil saying washington tramples on basic norms, and from mining to the oceans. in a billionaire tells us his waste andt plastic see the future. and the global semiconductor market is not in the clear yet. how global trade tensions are impacting micron's future, but first, let's get you started with a quick check of how markets close on this thursday session. we had stocks down, treasuries advancing. we started lower in the session, given that whistleblower complaint at the center of the impeachment drama in washington was released and that was not helped by the fact that we heard from a u.s. official that potentially the u.s. could not be extending that temporary wally -- suppliers to two

sophie: i am sophie kamaruddin.o daybreak asia. ♪ paul: top stories, talking thee, beijing concerns, team will be in washington next week amid reports the u.s. is considering restricting fund flows to china.

sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ here are the top stories we are covering the next hour. world leaders gather for the u.n. general assembly. the call of climate change top of the agenda. teenage activist greta thunberg says it is too late. she says the future has been stolen by greed and arrogance. growing concern about containing short-term rates for balance sheets. we hear exclusively from bill dudley. kathleen: later in bloomberg technology global link, a new report says juul is the target of a criminal investigation. another major setback for the e-cigarette giant. now a quick reminder on how u.s. stocks ended on this monday. you can see nearly mixed. we have to say flat but it was a bit of a recovery after friday's a slump. volume about 28% below average. 0.06%. at any rate, people are watching markets. people are watching the economy and the purchasing managers index is, from the market group. they were pretty good for the u.s. they held it above 50 for manufa

sophie: i am sophie kamaruddin. welcome to "daybreak asia."ries this thursday, central banks make their headlines. president trump resumes his attack on the fed. the ecb is expected to resume quantitative easing. china releases a list of u.s. products that are exempt from

sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. the brexit battle continues as mp's demand to see the government no deal preparations. commons may be suspended in the coming hours. ford hits a bump in the road as moody's cuts its rating to junk. growing doubts about the turnaround plan. the end of an era for the house that jack built. the alibaba co-founder steps down from china's top e-commerce company. kathleen: later in bloomberg technology global link, apple is preparing for its biggest event of the year, unveiling his latest iphones. a quick reminder of how stocks ended the day. kind of never really missed. we saw the s&p futures pointing a little bit higher. the s&p 500 was interesting today, closing within 1.6% of its all-time high. that was a move higher. basically flat at the close. the vix index nearly up 2%. the 10 year yield, bonds are a big story today. some analysts are seeing the selloff in yields from

sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. >> definitively we will let you know but it does look that way. paul: president trump blames iran for the aramco attack. it could be weeks or months before saudi oil production returns to normal. trade talks were set to resume in washington next week. u.s. officials say there is a lot to be done if the two sides are to reach a deal. some of the biggest backers of softbank's vision fund appear to be having second thoughts. we are live in san francisco. shery: let's get you started with a quick check of how wti crude is starting to trade at the moment. we are seeing a little bit of pressure, down 1.7%. still above the $60 a barrel level. this coming up to the biggest gain since february of 2009. 13% jump after those drone attacks on saudi arabia oil facilities. also at a time where we saw a decline last week of 3%. we continue to see this demand picture not so clear for t

sophie kamaruddin is there in hong kong for us at the moment. sophie, looks pretty quiet right now.we expecting today? quiet except for that pocket of activists you just noted. we may see other pockets emerge throughout the morning. for now, quiet as we count down to the flag raising ceremony that should take place at 8:00 a.m. we will have attendees watching from inside the hong kong convention center similar to the july 1 hand over we saw. authorities are aiming to avoid disruption. here around the convention center, barricades have been erected with police in position along with the perimeter and also on patrol. groups are guarding this walkway where i mixed -- where i am standing. they have stopped one person dressed in black for questioning. thee's a patrol shift on water and motorcycles have been going down below where we are headed toward the convention center. heightened security here. across the city with several stations and malls closed as part of a precaution given the heightened risk. shery: this coming at a time as chief executive carrie lam is out of the city, headed

sophie kamaruddin is on the ground.no let up as we approach the october 1 anniversary of the people's republic of china. protesters are unrelenting although they are fewer in number compared to past weekend with activity focused in the new territory across the victoria harbor behind me. thousands took part in saturday's protest that dissolved into the use of tear gas and petrol bombs. hundreds rallied sunday at a shopping mall with it perceived --be pro-china targeted for a shopping center, one of the city's big developers. shopping centers could close early, adding to the pressure. tourist arrivals continue to decline and shop vacancies are on the rise. to deal with this outlook, one of the landlords have --porarily cut the upscale protesters will have little economic concerns as they are pushing for democratic reforms. what does this mean for upcoming community dialogues? frustration was government in action, casting doubt with progress that could be made at the upcoming community government dialogues. the first of th

sophie kamaruddin has been tracking it in hong kong for us. wer end of expectations with your price, something that makes investors happier? sophie: yeah, investors cheering on the listing of the asian unit of budweiser, the most actively traded stock in hong kong. the fact it's already profitable company may be happening the performance. it's perceived to be more reasonable, especially with the carving out of the australian options, which is said to give the unit more focused on faster growing parts of the process. they are not seeing much of a further upside for the share price, pressing and 34 hong kong dollars, bursting a more -- bernstein a more modest 30.10. budweiser asia is the second most expensive beer name in the world after china resources beer. after bringing down the multiple, asia will need to grow at 25% a year for two years straight to hit the multiple of 14.3%, which will be with the rival. the growth on that scale, that may be a long shot given that a ina slowed to 6% after 20% 2018. anna: and certainly, what is going to be t

let's get over to sophie kamaruddin in hong kong. what is on your? y we -- on your radar today? sophie: domestic flights were canceled due to a typhoon. for korean carriers, which are expected to post worse than expected earnings this year due to the ongoing dispute with japan. we are watching mitsubishi with them expecting the company to cut its forecast due to that $320 million loss by a rogue oil trader. keeping an eye on autos. the u.s. will maintain tariffs on the sector. they settled with u.s. regulators over failing to disclose the ex-chairman's retirement allowance. kathleen: thanks so much. to another bloomberg scoop now, deutsche bank's top shareholders are taking the unusual step of making their own search for candidates to replace the chairman. it is another sign that they are running out amid the long-running trouble so let's bring in our investment banking reporter. congratulations on a great story. what is happening? >> another sign of frustration. hisas very low support for chairmanship in the last shareholder meeting and now, you see

sophie kamaruddin is outside the u.s. consulate where the protests were happening this weekend. ?ow's it looking right now sophie: business as usual with traffic continuing, folks going to work. that wereons nearby closed on sunday, every open. including the one with -- that was set on fire. that was alongside the big rally they saw as of the u.s. consulate. tens of thousands participated. a push for the u.s. congress to consider the hong kong human rights and democracy act when they resume the fall session this week. we have more potentially later this week and weekend. we have seen the hong kong government take issue with the ongoing protests. senior officials say we could be seen the point of no return. >> there were threat -- more concessions need to come. there is no end in sight. we probably have reached that point of no return. we will go for it. we have nothing to lose. is our last chance to get some reform. from that point of young people feeling despair, we saw schoolchildren form human chains across a few districts in hong just up theally road from here around seymour r

sophie kamaruddin is on the ground.17th and -- the 70th anniversary of communist rule in china. although up indeed, there are fewer numbers compared to past weekends, but the protests saw petrol bombs, teargas, and the latest part of these demonstrations. on sundays rallies we saw hundreds occupy malls across victoria harbour from where i am right now and protesters are targeting businesses perceived to be pro-china which is adding pressure on the retail sector, which is hurting hotel occupancy rates which are expected to be as low as 60% during the golden week holiday. promptedr outlook has properties to temporarily cut rents at luxury malls and that is a survey of 5% in the next 12 months. but these economic concerns are not top of mind for protesters who are calling for more demonstrations which may cast doubt on how effective the dialogues organized by the government's maybe. also this week on wednesday we are seeing more momentum for the push for the hong kong human rights and democracy, which could be put this wed

sophie: i am sophie kamaruddin. welcome to daybreak asia. ♪ paul: top stories, talking thee, beijing concerns, team will be in washington next week amid reports the u.s. is considering restricting fund flows to china. global threats keeping haven bulls happy and the yen expected to outperform the g10 years. -- peers. petrol bombs, tear gas and rubber bullets fly as china's national day approaches. we want to get you to breaking news on the terminal now. industrial production from south korea for the month of august, something of a miss, 1.4% contraction for the month. the survey expected a 1% contraction for the year on year figure. 2.9% contraction of the market had been expected, a contraction of .2%. decline in expected industrial production for south korea in the month of august. get you started with a quick check of where markets are trading your u.s. futures gaining .1%, paring back earlier gains but in the green. we are coming off the s&p 500 losing half a percent friday. we had it at one point falling below

let's get over to sophie kamaruddin in hong kong for what we should be watching. : in the face of rising bond yields, i am keeping an eye on the companies lining up to tap the bond market. if dollar bond sales for september are set for the best start for the month ever with over $5 billion of bonds priced so far this week with investment grade issuers in full position. this after the slowdown we saw anaugust when orders fell to 11 month low. the scene may be set for yield chasers who have been less flush with cash. just receding a touch from that level. says do not be surprised to see better rated names treating debt markets like a buffet. shery: a catholic a call on thursday. -- a wake-up call on thursday. on trading is a two-way street. kathleen hays has been sifting through the wreckage. it really was a perfect storm. kathleen: it certainly was. john email me. he said it is like everybody was on one end of the boat and they all went to the other end. it started in the morning as bond traders came in and solve the white house, china, talking about getting togethe

paul: sophie kamaruddin, thank you for joining us with an update. still to come, we will break the gdp and trade balance numbers with an instant analysis. kathleen:, navigating the big trading risk. -- outlining the preferred equity market. this is bloomberg. ♪ paul: keeping track of a typhoon causing disruption in japan at the moment. canceling anyone domestic flights this monday after 70 flights were canceled on sunday. it halted train services as well. gusts up to hundred -- 172 miles per hour. i will be more details a moment. paul: this is "daybreak: asia." kathleen: i'm kathleen hays in new york. our next guest is tracking who they might be and how to invest accordingly. the global strategist for aberdeen standard investment. it has assets under management and she joins us from tokyo. welcome to the show. our next guest, but we are so happy to have you with us. every economic report that comes out every other country is scrutinized. being a bigger bite, be will looking at the current account surplus. how do you begin to do the analysis of this

sophie: i'm sophie kamaruddin in hong kong.aybreak asia." ♪ paul: our top stories this friday. >> it is another witchhunt. here we go again. it is a terrible thing for our country. paul: president trump decries the ukraine whistleblower, saying the call was wonderful. but the white house was already trying to keep the call under wraps. the russell is declining to add china to its flagship bond index. shery: carrie lam says the hong kong government will find a way out of damaging unrest. let's check market action with sophie in hong kong. sophie. sophie: we are seeing a down day potentially for japanese stocks. both in the nikkei and topix konta under pressure by half a percent. toyota leads the charge when it comes to asking for government support for the automobile industry, even with tariffs on the sector on hold with the initial trade agreement between the u.s. and japan. we are watching jgb, seeing the 10 year yield lower shift, 25 negative basis points so far this morning while the yen is slightly under pressure this morni

sophie: i am sophie kamaruddin in hong kong. :asia."ur top stories this tuesday. president trump blames iran for the attack in saudi arabia, and he could be weeks or months before their oil production returns to normal. an agreement with japan eases fears of other tariffs that may be signed next week. shery: investors turn to the fed. the pressure is on with the surgeon oil prices, an indication that the u.s. economy is slowing down. take a look at how brent is kicking off trading. we are seeing them down 1.3% following wti crude lower. brent at $58 a barrel. this after we saw the biggest one-day gain since 2008. it settled above that $69 a barrel. it is feeling pressure at the moment after the storage in the previous session on those drone strikes on saudi arabian oil facilities. let's get straight to the market action with sophie in hong kong. sophie: japanese markets are reopening after the long weekend. pressure coming through for the nikkei 225. the u.s. has reached a trade deal with japan, the agreement likely in the plant -- comi

sophie kamaruddin, thank you for that update.he influential editor-in-chief said the military can still be sent into hong kong, but only as a last resort. tom mackenzie joins us now from beijing. what exactly did he say? he has accurately predicted a number of different policy and actions, which is why we sat down to talk with him about trade and hong kong. one of the questions was whether one not the military would be deployed in hong kong. >> this option should not be ruled out. our armed forces gathered, sending a warning. i think it is very obvious. the central government can only take this measure in a cautious way. instead, they would like to see the problem resolved by hong kong itself. tom: saying that the military option should not be taken off the table. he is trying to ensure that the hong kong government can deal with the protests that you are seeing in the city. we are going to be getting a lot of eco-data from china later today. what are we expecting? point,number of key data including industrial production. the for

sophie: i'm sophie kamaruddin.ting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. >> definitively we will let you know but it does look that way. paul: president trump blames iran for the aramco attack. it could be weeks or months before saudi oil production returns to normal. trade

sophie: i'm sophie kamaruddin.unting down to asia's major market open. ♪ here are the top stories we are covering the next hour. world leaders gather for the u.n. general assembly. the call of climate change top of the agenda. teenage activist greta thunberg says it is too late. she says

let's get over to sophie kamaruddin in hong kong. you are having a look at jgb futures. b is expected to bear this friday. futures nudging lower after the 10 year yields fell to -20 on thursday. that is the lowest level since september 10 after the boj held on rates and left the door open for more easing in light of external risk. governor kuroda saying the boj has more room than the ecb which could be a bullish signal for jgb. the central bank has little choice but to tolerate this ongoing slight we have seen in yields to below -20 basis points. considering the moves we have seen in global yields. stagnancy's data may add to the growing unease around inflation and looks to re-examine economic and price developments. play.xt meeting and bloomberg economics is in the camp that domestic demand is strong enough to take on the hit from a tax hike. plenty more ahead. this is bloomberg. ♪ paul: you are watching "daybreak: asia." let's get a quick check of the latest business flash headlines. hong kong subway operator says the antigovernment protest have triggered a fall in pass

sophie: i'm sophie kamaruddin in hong kong.sia. ♪ our top stories this tuesday. brexit battles continues as u.k. lawmakers reject an early election. boris johnson refuses to, parliament will be suspended until october 14. steve mnuchin says significant progress has been made ahead of new trade talks and month. the yuan will also be on the agenda. kathleen: the end of an era for the house that jack built. the alibaba co-founder steps down. let's get straight to the market action with sophie. how are things going? sophie: so far in japan, stocks gain ground. nikkei 225 up 2/10 of 1%. keeping an eye on nissan as we got news that the board has told the ceo to step down by next monday. checking in on the yen, just holding steady at 107. there could be some limited downside as we are waiting for the fed decision. yield seeing the 10 year in the -23 basis points. we could see some pressure on the yield curve. now to check in on korea, we have up 1%. of 1% against the dollar. we are checking in on samsung shares. and as the new 5g chip

sophie: and i'm sophie kamaruddin in hong kong.down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour says his callrump was wonderful, but the white house is already trying to lock down the record. trying to hit back

sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." stories this friday, optimism returns on speculation of a trade truce. the u.s. may offer an interim agreement but president trump still wants an overall deal. mario draghi overcomes powerful critics. france, germany, and

sophie kamaruddin hong kong, thank you for joining us.e will have much more on hong kong later in the day. it's rating was cut. hisident trump abandoned plan to host the taliban at camp david. we will have the latest. kathleen: and the u.s. payroll showing weakening in the labor market. some details are suggesting a recession as far from imminent. this is bloomberg. ♪ ♪ data is not bad. >> goldilocks numbers. >> the general picture is a slowing economy. >> well above what you would expect at this late cycle. >> fears about a u.s. recession are not showing up in this report. >> very hard to get a recession in less than a month. >> you still have wages trending up. >> we were worried about manufacturing hours worked and the numbers are hanging in fine. >> the jury is out on the manufacturing sector. >> uncertainty on many different fronts. >> maybe there are budding signs of weakness in the employment sector fringes. >> the question is where it goes from here. kathleen: we have had plenty of reaction to the jobs data out last week but one t

sophie: i'm sophie kamaruddin in hong kong.ng down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. the brexit battle continues as mp's demand to see the government no deal preparations. commons may be suspended in the coming hours. ford hits a bump in the road as moody's cuts its rating to junk.

sophie: i'm sophie kamaruddin in hong kong.unting down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour -- talking trade. president trump switches tony at again, saying a deal with china could happen sooner than anyone thinks. progress, too, on a deal with japan. a limited agreement is signed after washington withdrew the threat of

. >> i am sophie kamaruddin in hong kong. welcome to "daybreak asia."op stories this friday, preparations underway for the resumption of trade talks. this time, negotiations must be affected. the s&p 500 rises

sophie: i'm sophie kamaruddin.n to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. did he quit or was he fired? confusion around the departure of u.s. national security advisor john bolton. china removes another obstacle to foreign investors.

sophie: i'm sophie kamaruddin in hong kong. welcome to "daybreak: asia." top stories this friday, trade talks resume in washington, paving the way for high-level discussions in month. some reports say an interim deal will be struck. they have a new warning about global growth and says rising

sofie: i'm sophie kamaruddin in hong kong. we are counting down to asia's market.e covering in the next hour. central banks make the headlines. president trump riordan resumes his attacks on the fed. ecb is expected to add more easing. ellis he receives a bid from hong kong exchange. ministers are concerned about national secured

sophie: i'm sophie kamaruddin.e counting down to asia's major market open. ♪ paul: the top stories we are covering in the next hour. president trump facing formal impeachment proceedings with house speaker nancy pelosi saying he has violated his oath of office. the president also moved markets with critical comments about china and i

sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market open.are the top stories we are covering in the next hour. talking trade. beijing confirms the team will fly to washington next week for the first negotiations since may. the widening array of global threats is keeping haven bowls happening -- happy.

sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this thursday -- pres. trump: i want to make a deal. do we want to make a deal? paul: president trump switches tone it yet again, saying a trade deal with china could happen sooner than anyone thinks. progress on a deal with japan. a limited agreement signed after washington withdrew the threat of imminent auto tariffs. the threat of impeachment hangs over the president. he releases the ukraine transcript which you thought had been cleared by the mueller report. be hearing from plenty of big names from the bloomberg global business forum including michael corbat, steve schwarzman, and colombian president. let's get a check of how markets are trading at the moment. we are seeing futures gaining .3% after they had fallen towards that $56 a barrel level. we heard from saudi arabia that they are going to be ahead of schedule. the drone attacks on saudi arabia and facilities taking out 5% of global supply. we are seeing futures unchanged at the moment after the s&p 50

. >> and i'm sophie kamaruddin covering asia's markets about to open for trade.devonne the legislative council in hong kong. welcome to "bloomberg daybreak: asia." >> our top stories this thursday, a triple brexit whammy. boris johnson loses a third commons vote in 24 hours and fails to trigger a snap election. china signals more support for the slowing economy indicating a further cut is on the way. and protesters vowed to return to the streets of hong kong and continue their call for change. they say carrie lam's retreat is too little, too late. get straight to the market action in japan, south korea, and australia. how are we looking? sophie: we have some risk appetite returning this thursday. the nikkei and the topix gaining more than 0.6%. while the yen is steady, the 10 year could move to that -30 basis point mark. kospiul, this is the gaining ground. the korean won strengthening to a level not seen since august 21. now let's look at what is going on. forre seeing slight gains the 200. kiwi stocks are gaining ground over the kiwi dollar. activity showed a s

sophie: i'm sophie kamaruddin and hong kong. welcome to "daybreak: asia." is this thursday, the fed cuts as expected and says more can be done if needed. jay powell warns he may resume bond buying sooner than expected. investors now wait two more decisions, banks of japan and england are expected to avoid a recent wave of easing. shery: an update on the 5g rollout across asia. we will speak to nokia live from the milken summit in singapore. let's get straight to the market action with sophie and hong kong. how are markets reacting to the fed rate cut we saw in the u.s.? sophie: we are seeing risk sentiment on the table. when it comes to stocks, tokyo equities gaining ground. the nikkei 225 adding 6/10 of 1%. after snapping a ten-day gain. the yen is trading near a seven-week low as we wait on the boj's decision. any clues like governor kuroda may offer on the yield curve control policy. the is they receive the jgb kneeled -- yield. we have rate decisions from indonesia and taiwan add if the doe later on thursday. central banks are very much in focus. let's

sophie: i am sophie kamaruddin. welcome to "daybreak asia." paul: our top stories this thursday, central banks make their headlines. president trump resumes his attack on the fed. the ecb is expected to resume quantitative easing. china releases a list of u.s. products that are exempt from tariffs. it is seen as a trade war olive branch. american farmers remain under pressure. bid from thees a hong kong exchange. lawmakers are concerned about potential national security questions. shery: let's get you started with a quick check on how markets closed. we saw the s&p 500 gain ground and close above that 3000 level for the first time in six weeks. we had health care stocks and tech leading the gains. interesting, the nasdaq finishing at the highest level since july, rising for the first time in four sessions. into valuee rotation stocks. they subside a little bit. the u.s. futures unchanged, but let's see how we are setting up for asia. sophie: south korea closed until monday. we are seeing futures knowledge higher -- nudge higher. the nzx 50 tre

sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: how top stories this friday, optimism returns on speculation of a trade truce. the u.s. may offer an interim agreement but president trump still wants an overall deal. mario draghi overcomes powerful critics. france, germany, and the netherlands have led opposition to his plan. more signs of the trade standoff hurting local players. a gloomy forecast for chips. shery: let's get you started with a quick check up on how markets closed in thursday's session in the u.s. above 3000.closing the s&p 500 .5% away from that record high. we had some stimulus coming from the ecb package that boosted the stock market, but we had bloomberg news reporting the trump administration may be considering that limited trade deal towards china that boosted sentiment. so we have the nasdaq closing again at the highest level since july, gaining for a second consecutive session. the only sector that was losing ground, and energy stocks theing, was oil, given agency came out and warmed opec they could be