Red that is a quarter of global infections. California is reporting its biggest daily jump yet. Tech wins praise from washington. For their stance on user data in hong kong. Futures kicking off trading slightly higher by two tents of 1 . We have another tech rally. The rest of the market was more subdued. The nasdaq ended at a record high. The s p 500 saw many stocks down but we have gained enough to push it to a onemonth high. Megacaps pulling the gauge higher, despite the fact that the pandemic sensitive sectors Like Airlines sank. The dollar fell against the g10 peers. Look at oil. It is unchanged. Through the entire month, we have seen wti trading within a tight range of two dollars. It is still hanging around the fourmonth high. We got a report showing that stockpiles rose by more than 5 Million Barrels last week. Lets see how things are shaping up for the asian market. Midweek session , futures are mostly higher pointing to slight gains. Falling. Shares are like, we have aussie h
About his recent atlantic article aboutthe end of the 9 11 era in a few minutes im going to introduce been. Ben will speak and he and i will havea conversation. We encourage you to post questions through the two and a feature. And we get to the second half of the hour i will begin to wrap up our discussion and start posing some of your questions then and we will run about one hour. So i also want to mention next week, next wednesday in fact were going to do i think our last webinar for the summer. Which will be with our partner, peter singer of near america talking about his new novel burn in which is a kind of look into the future of warfare and cyber warfare in particular so peter does a fantastic thinker and writer and i look forward to seeing that so for today as mentioned ben rhodes. Ben is former Deputy National security adviser in the Obama Administration. Lcurrent cochair ofNational Security action. Cohost of pond save the world which i highly recommend. Both organizations and
At the table, we have u. S. And we have the chinese reformers and we have the chinese hardliners hsbc is reportedly set to slash up to 10,000 jobs as they look to cut costs on the new interim ceo. Buyer shares tick higher after another trial over the roundup weed killer is delayed the German Chemicals giant is inching closer to an out of court settlement. And ams fails in its 4. 5 billion euro takeover bid sending shares in the german Lighting Group lower, but they tell us the company is open to collaboration with the austrian chip maker well, good morning and welcome to street signs. Its the start of a new trading week so lets get into some of the price action wall street saw a higher close on friday. We had goldie locks employment report the headline number came inside lower than expectations still showed pretty firm backdrop with Unemployment Rate at 50year low. That yielded to somewhat of a mixed session for asia the focus overnight has shifted to those upcoming trade talks taking
Romaine lets dive deeper into the action with markets reporters. Abigail energy, checking in on the technicals. In the near term, there may be a bigger pump. About 30 . Ugh, down what might be encouraging for the near term, the rsi coming off the bottom. We could just see the energy up. Or pop back whenever you have one set in a bear market, it typically is not good overall. Popterm energy may just bullish lee higher. The rally in brazil, the worst performance of a major etf. The real was one of the weakest currencies, down about 1. 5 . Biggestre among the drags on the vespa index. Trade with tend to sgentina and while argentina markets were closed for a holiday, there was troubling news over the weekend the economy minister resigned. It looks like tomorrow is shaping up to be a bad deal for argentina. Sentimentt risk on dominated. Investors did not find a need for safe havens. 1. 3 has dropped more than during the day. We know it is at the lowest since early august. This comes as Pres
Defeat it he promises to begin with the completion of. Russia carries out its 1st joint patrol with china in the asia pacific during a race for influence in the region. Kenya as finance minister pleads not guilty to allegations of corruption. Has promised to unite the country Boris Johnson has been elected leader of britains Ruling Conservative Party to replace tories a may as Prime Minister in a leadership election by Party Members he countered with over 92000 votes is rival foreign secretary jeremy hunt got almost 47000 votes reason may is pledged to full support. Her successor shes due to attend her resignation to Queen Elizabeth on wednesday before she meets johnson far as valid to do or die over breaks and says britain will leave the European Union by october the 31st i say to all the doctors dude we are going to energize the country were going to get bricks it done on october 31st to take advantage of all the opportunities that it will bring in a new spirit of can do and we are o