Australia expresses to concern over a report china could slip duties on its exports. Lets get you started with a quick check of how markets are trading. U. S. Futures are under pressure, falling. 3 , after the first weekly gain for u. S. Stocks in three. This comes after the abysmal u. S. Economics data, the highest Unemployment Rate since the Great Depression. Next messages when it came to trade mixed messages when it came to trade. They had a constructive phone call with chinese officials on trade, but President Trump casting doubt. We are seeing oil under pressure, down. 8 . Aroundthe moment holding 24 a barrel. This as we saw the back to back weekly gains since february. Lets get to the latest on coronavirus pandemic. Mikeberg is being told pence is selfisolating away 18 he white house after after an aide tested positive for the coronavirus. We have seen several cases where several aides have tested positive. This has rattled by the administration this this has rattled the administ
But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
If the trend continues for the rest of the month, there is more likelihood of vacancy some moves see somehood we could moves. We are holding the decline that we saw on friday and a drop of the before drop of three or 4 . We are seeing brent as well searching at about 1. 3 . 33 per barrel. Not much given that output free stock. Remainsnd demand still unclear. . Ngie angie debt levels could get into dangerous territory in a lot of peoples opinions. Sure joins us. What do Analysts Expect in china . Y chinas debt will not speak for another four years. They see the ratio increasing to 2019. To peak at expected 283 of gdp. This is a delicate balancing act. They are keeping credit slowing to help the economy, boost the economy, to around the 6. 5 expansion. It is not too fast to trigger a credit blowout. At this graph, the state of look at this graph, this data is showing new loans just surging starting up in the last year. Goldman sachs says it is impossible to identify a specific debtgdp le
Salvog firing the latest in the smartphone wars, unveiling its galaxy s7. Virtua reality is the new growth partner. Follow me on twitter. Dont forget to include the hashtag as well. Stocks having a little bit of a bounce. Rally the biggest weekly in four years. Japan reversing declines. A lot going on. Heresnne yvonne. The nikkei off session highs. There could be boosted sentiment in equities. Overall, we are seeing, we are still down 5 this year despite the best week weve had since 2011. We have paired back from the losses, but we are closer to being flat on the regional benchmark. The big news, the head of the Securities Regulator in china, has been removed from his role. The government really taking action here after last months stock market rout, which did lead to that suspension of the Circuit Breaker system. Analysts say someone had to bear the responsibility. We will see how that reaction is. Bankormer chairman of as will now replace him. Hsbc earnings are out later on today. Lo
By Tracy Qu Alibaba Health Information Technology shares rose after the healthcare company posted better-than-expected earnings as improved efficiency trimmed costs for its warehousing,.