sophie: i'm sophie kamaruddin in hong kong. with australia opening at the top of the hour, the aussie dollar holding about 70, but there's a question if the advantage -- if the currency may be looking overheated. of course, with what is going on down under, there's questions about if the rba may continue its easing path and if it might deploy unorthodox policy this year once it runs out of conventional tools. up the terminal to show you this chart, indicating what has been happening with home prices down under. we are seeing a rebound easing the given the rba has had over 2019. paul: thanks, sophie. let's get two more on what we should be watching as trading gets under way in asia. with us.h is the pboc's moves to lower the rrr. could we get any fresh impetus elsewhere today? adam: it is a statement. the pboc -- you are right, many people in the market had been expecting it, but it will come in next week and indeed, set the tone for what people are expecting more of in terms of chinese policy that will continue to be supportive

in's go to sophie kamaruddin hong kong. ould end the week top and 24000 and chip stocks help provide that lose after snp earnings beat stronger capex with chip equipment maker's come a part of the catalyst that drove u.s. tech stocks higher. in that rally, alphabet joining the $1 trillion club. on the events this morning, adding 1% after the bump overnight. let's check in on the sydni market, aussie shares on fresh eyes again while bonds slip ahead of the chinese gdp report. the austral you dollar is finally under pressure, trading off a 10 day high as the dollar strengthened on strong u.s. retail sales, and the aussie has yet to make a weekly gain this year, especially against the kiwi dollar. haidi: china is due to report on gdp growth for the fourth quarter and the full year as well as a monthly report on december later today, this after china and the u.s. clinched the face-one trade deal. we have corporate reaction. let's bring in tom mackenzie. he is -- he spoke with the allianz ceo. tom: we spoke to oliver baete in an

sophie: i'm sophie kamaruddin in hong kong. welcome to "daybreak asia." ♪ paul: our top stories this thursday, china ramps up its credit support increasing the supply of cheap funding to banks in a bid to stimulate the start of 2020. hong kong starts the new year just after the end of the last one with vandalism, protests, and tear gas the streets. australia orders large scale from bushfires as the death toll mounts. sophie: let's check in on the open in sydney after the asx 200 best annualrop the performance since 2000. we see it open slightly to the downside as we wait for markets to come back online elsewhere in the region. we are getting some data from australia coming out this morning. home prices notching up the biggest three-month gain in a decade. we are not seeing much reaction in the aussie dollar, softening a touch after hitting a fresh high. new zealand equity markets remain closed and the kiwi dollar keeping fairly steady after topping 67 this week and japan also remaining off-line thel january 6, again, currency c

sophie: i am sophie kamaruddin in hong kong.berg daybreak: our top stories this friday, iran is accused of shooting down the ukrainian 737 the u.s. and others say there is evidence of two missiles fired shortly after takeoff. beijing confirms

sophie: i am sophie kamaruddin. welcome to daybreak asia.stories, president trump going to davos as his impeachment trial looms. he accuses the democrats of trying to reverse the 2016 electi

haidi: sophie kamaruddin in hong kong. interview with the olam international cofounder and group ceo, sunny george verghese. the company is dividing up its business. shery: up next, the latest from hong kong after the latest protest rally turned violent. this is bloomberg. ♪ shery: you are watching "bloomberg daybreak: asia." unrest as we returned to hong kong after a rally in the central business district turned valeant -- violent. protesters were ordered to disburse. stephen engle joins us. tell us what happened. same, evenore of the though there was a bit of a lull that lead people into a false sense of security that things might be improving, it came back with a roar yesterday. there was police gathering here yesterday.en as the afternoon wore on, the police started ordering people to disburse, to go home, to leave. some outliers kind of went beyond the approved protest zone. there was some violence. some police officers were injured. a few protesters were also injured. there was tear gas fired by the police. also yet

sophie kamaruddin. what are you looking at?erformers back in 29 teen, and another climbing after a nikkei news report that its first-quarter operating profits abc year on year, but posting a missing third quarter sales, haidi. technologiesdell with the consumer electronics show in vegas. their president of client solutions joins us now. obviously, you have got the u.s. theumer stores strong to trade war implications, but china, as well. where are you seeing opportunities? sam: welcome our business is doing pretty well. if i look at our last quarter, we grew 5% in our client business. wholew a little bit the year, so we are seeing a lot of interest in pc's and technology, and we are seeing growth. if you look back at our history, we hit over $11 billion of revenue in our client business, the highest we ever had. we just started a new decade. if you look back at the past decade, people were talking and maybee pc's went even the death of the pc, and now with the technology and people's hands, it is pretty exciting to me. haidi: sa

sophie: i am sophie kamaruddin in hong kong. welcome to "bloomberg daybreak: asia."p stories, president trump says there will be no response to the iran -- th e iran attacks. oil continues to slide.

haslinda: i am sophie -- sophie: i am sophie kamaruddin. welcome to daybreak asia. haidi: our top stories, the , the emphaticiwan victory moves the island further from china's influence. iran admits to shooting down the ukrainian airliner, sparking protests at home and condemnation abroad as global pressure mounts. shery: the volcano in the philippines shots schools and the stock exchange, warning of a violent explosion. australian markets have opened for trade. let's turn to sophie. sophie: stocks opened to the downside, off .2% after the best week of the asx 200 since february. we are seeing beach energy under pressure but australian oil companies should outperform in 2020, although looking for caution around oil prices in the back half of the year given expectations for additional supply which has taken the wind out of oils rally. -- the oil rally. oil had the worst week since july. let's flip the board to check in on cable. we are seeing cable under pressure. looking at how it is doing, moving towards the 130 scandal. -- 130 scandal. here,g into the terminal wan

sophie: i am sophie kamaruddin in hong kong. welcome to daybreak asia. haidi: our top story this thursday, china bans travel from the coronavirus epicenter with 17 dead and hundreds infected. the outbreak has been hurting the already slowing economy. the virus continues to stretch investor nerves. markets are watching for any development which could derail recent momentum. davos day two. attacking his opponents and calling impeachment a hoax. shery: markets have just open for trade. let's get straight to the action. sophie: we are seeing a little changed at the start of cash trading in sydney but we could see moves to the downside, retreating from wednesday's record close. 1%.off a 10th of nikkei futures under pressure as well. we are seeing bonds gain ground. aussie 10 year yield sliding for a seventh straight session. with the impact of the coronavirus up rick. checking the aussie dollar ahead of the australian jobs report due later this morning. aussie trading near a six-week low, hovering around its 100 day moving average. it was the biggest decline

sophie kamaruddin. she is standing by. re mixed while 10-year treasuries are holding basis points, and jgb ahead of the 10-year auction. this is ahead of pmi data from japan after monday's swings for the currency saw a retreat from the october hi, trading at 41 against the greenback -- from the october high. higher bybeing led samsung this morning, and stocks in tokyo retracing some of the climb we saw on monday. the nikkei 225 had the biggest drop since november, and fujifilm leading after some ratings. let's get it quick check on commodities. i want to highlight new york crude, falling back below $63 a barrel after hitting in april hi on monday. markets are considering whether there is a destruction to supply, and gold stalling this morning, off 1/10 of 1%, with signs of overheating and gold markets. haidi? haidi: thank you, sophie. we have the latest on the market tensions. ritika gupta. theka: people are mourning killing of general soleimani, saying that the death would be avenged. he was killed in baghdad. the u.s. say

sophie: i'm sophie kamaruddin in hong kong.eak asia." ♪ tech internet and financials propel wall street's to new highs, the trade deal and strong consumer demand keep the rally going. shery: president trump weighs conflicting headlines as the senate approves his new nafta, but the

sophie: i'm sophie kamaruddin in hong kong. welcome to "daybreak asia." stories we are covering in the next hour -- a resolution for a rally. afterfutures signal gains tech lead markets higher. pressure mounts on australian

sophie: i'm sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: the top stories we are covering in the next hour -- a resolution for a rally. afterfutures signal gains tech lead markets higher. pressure mounts on australian prime minister as anger grows over his handling of the bushfire crisis. carlos ghosn says he masterminded his own escape plan, denying any help from his family. shery: let's take a look at how markets closed the first trading session of the year in the u.s. in threeumped the most weeks with major indices closing at record highs, adding to the year and momentum. intove the s&p 500 further overwrought territory. index industrials and tech rallying, apple topping $300 for the first time ever. the nasdaq rallying 1.3%. a really interesting day because it was a rally for everything. we saw even safe havens gaining ground. by .1%.ures was higher let's turn to sophie for what to watch. sophie: after a strong session on wall street, stocks gained .2%. -- and amz. checking in on the aussie dollar, we are seeing losses for a third

sophie: i am sophie kamaruddin in hong kong. welcome to "bloomberg daybreak: our top stories this friday, iran is accused of shooting down the ukrainian 737 the u.s. and others say there is evidence of two missiles fired shortly after takeoff. beijing confirms a trade deal signing next year. the u.s. and china are dusting off corporate deals in anticipation. austria braces for a hotter weekend as fires continue to burn out of control. thousands are urged to seek shelter. this justin, the u.s. house is voting on the or powers resolution. , as is mostly symbolic resolution that would seek to limit the president trump's options for military action against iran. house speaker nancy pallone says democrats were not satisfied by the administration's justification for last week's airstrikes that kill a top iranian official. nancy pelosi saying this is more than a symbolic gesture. we have more analysis, but it seems like a long shot for this to pass the republican held senate. that news just coming in that the resolution has been passed

haslinda: i am sophie -- sophie: i am sophie kamaruddin. welcome to daybreak asia.p stories, the , the emphaticiwan victory moves the island further from china's influence. iran admits to shooting down the ukrainian airliner, sparking protests at home and

sophie: i am sophie kamaruddin in hong kong. welcome to daybreak asia.story this thursday, china bans travel from the coronavirus epicenter with 17 dead and hundreds infected. the outbreak has been hurting the already slowing economy. the virus continues to stretch investor nerves. markets are watching for

let's get to sophie kamaruddin in hong kong for a stock check. phie: let's check in on caltex australia, which is gaining ground this morning after the company has received other approaches from a number of parties. kathleen: still ahead, samsung post fourth-quarter earnings this hour. analysts expect a near-term bottom. and ces is underway in las vegas. forave the vp of risk huawei. this is bloomberg. ♪ haidi: you're watching "bloomberg daybreak: asia." president trump's blacklisting of huawei hasn't stopped the company from growing. a near high of $122 billion. management, so great to have you on with us. the question is, is this sustainable? it came with the stockpiling before the blacklisting. will 20/20 be more challenging? >> thanks for having me on. 20/20 is definitely going to be a challenge for us. we will continue to work on diversifying our supply chain. we've had risk management programs in place for many years it's due to the efforts of our suppliers and other vendors across the globe, working with us to fulfill some of the gaps that

sophie: i am sophie kamaruddin in hong kong. welcome to daybreak asia.p stories, the u.s. and china signed a phase i trade deal that has been three years in the making. president trump says it writes the wrongs of the past. hong kong is told a banking crisis is coming. struggles --w the mirrored the struggles of iceland a decade ago. shery: the impeachment case against president trump moves forward. the house notified the senate where a child could begin on tuesday. japan and south korea -- modest gains for tokyo stocks. negate stocks adding .2%. higher.ni's nudging on the data front we have already had november machinery orders from japan jumping 18% month over month versus the 2.9% estimated. producer prices coming in higher .9% on a yearly basis. let's check in on south korean markets. kospi opening little change. korean yuan is on the retreat. in sydney, asx 200 topping 7000 points for the first time ever. aussie dollar nudging slightly higher above 69. we have pressure coming through, given the implications of the u.s. china phase one trade deal on

sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." haidi: our top stories this friday, china expands travel curbs as the coronavirus reaches singapore and japan reports a second case. wuhan remains in lockdown. concern about the threat to global growth sparks a rush to havens. oil is at its lowest level on speculation of weak demand. shery: singapore says the world must work together to defeat the virus. we will hear exclusively from the world economic forum. >> it is an example of why countries need to work together. you may wish we would de- globalize, but the virus is not going to. shery: south korea away on lunar new year holidays but japan is seeing some action. sophie, what are we seeing? sophie: we are seeing green shoots come through in tokyo. the nikkei 225 adding .3% with chip stocks among the gainers early in the session. tokyo electron gaining ground after we saw billings rise for the first time in 11 months on a yearly basis. also keeping an eye on -- following its earnings updates. we are seeing the yen retreat somewhat.

kamaruddin. sophie welcome to daybreak asia.stories, iran raises the stakes as middle east tensions soar. they say they will no longer be bound by the 2015 nuclear deal. protests continue over the

kamaruddin. sophie welcome to daybreak asia. haidi: our top stories, iran raises the stakes as middle east tensions soar. they say they will no longer be bound by the 2015 nuclear deal. protests continue over the killing of general soleimani, they will make a goal in iraq for all u.s. troops to leave the country. kathleen: president troop -- president trump warning of u.s. strikes if u.s. troops are hit. the market reaction around the world, starting with australia which is open. what are you seeing? ,ophie: the s&p fell the most sydney futures are the very slightly up. the dollar is under pressure. the aussie dollar being weighed against -- falling against the yen which remains on the front foot, trading at the strongest double since october, 107.78. japanese stocks are set for losses. tokyo markets back after a long break with pmi do from japan. resumee treasury to trade in tokyo online. caution as we return, looking at aussie bonds, the yield curve flattening with the 10-year falling five basis points in australia and risk av