And the 775 barely. Seven point 75 barely. China is trying to cool down more. This rally also in tech stocks in shenzhen. Marginal gains in the csi 300, but the chinext seems to be on fire. 8 10 of 1 higher for shenzhen small caps. Keep in mind, offshore investors also sowed sold a record amount of stocks recently. Seems tohe hang seng, be brushing aside the executive order from President Trump. We are seeing the rally up more than 200 points for your hang seng. We are watching things like export data out of indonesia, indian trade numbers. When it comes to the philippines, that is the only loser on the board today. We are expecting to hear from the president to announce the latest quarantine measures. They have not really been able to stop this virus there. The nikkei up 3 10 of 1 . Steady stream of earnings in tokyo. Taking a look at the dollar, that seems to be dropping. You are watching things like your dollaryen unchanged around 107. U. S. Yields at. 63 basis points. Oil after fou
Under water after some of the heaviest monsoon rains in decades but a 1000000 people are seeking Higher Ground with river set to rise further. President donald trump strips hong kong of the special trading status hardening the u. S. Stance on china for its clampdown on human rights that. An exhibition tennis tournament here opens its doors to spectators for the Laboratory Safety protections the 1st major sporting event in germany to welcome back fans. Welcome to the program the Irish Government and apple have won their appeal against a 2060 e. U. Decision that sat. To pay the Irish Government certain buildings heroes and back taxes money that island didnt even walled so i took the case to europes 2nd highest cost of a long denied that its tax origins with apple amounted to illegal state aid the European Commission is expected to appeal the ruling to the European Court of justice and. Earlier this year then irish Prime Minister lavrov Current Apple chief executive tim cook had an annive
A blow to e. U. Efforts to crack down on sweetheart tax deals for big business. And a 3rd of bangladesh is under water after some of the heaviest monsoon rains in decades and rivers are said to rise even further. As welcome to the program us President Donald Trump signed an executive order ending Hong Kong Special trading privileges he also announced sanctions against officials and banks involved in beijings crackdown on Civil Liberties in the territory china has condemned the decision and says it will retaliate sanctions on u. S. Citizens and other escalation of tensions between the u. S. And china. Trump took actions against china in retaliation for its recent moves on hong kong he authorized sanctions on banks and officials involved in imposing a tough new security law that effectively terminates the semi autonomous territories unique status the u. S. Move comes to weeks after beijing pass a new law that many say represses fundamental democratic freedoms in the city the law prohibit
Hong kong and tokyo reporting record tallies. And singapore heads to the polls for an election overshadowed by the pandemic. Voters will be asked to wear disposable gloves at the ballot box. How marketscheck of are trading. U. S. Futures plan at the moment, after a mixed finish in the new york session. The s p 500 and the dow fell. Viruse news of resurgence, not to mention to tensionsnot to mention escalating with china. Financial shares drag to the index. Dragged the index. The Energy Sector was down for a third consecutive session with the worst three days in about a month. Take a look at what oil is doing, because we are seeing it continue to dip slightly and below the 40 a barrel level. Key libyans that a oil field resumed production, threatening more barrels into the oversupplied market. Lets see how things are shaping up for the asian markets. Could beppetite fitting this friday with asian stocks mostly lower. This has we are seeing violence concerns virus concerns you raised in
Million. America saw 60,000 cases in a day for the first time. Hong kong and tokyo also reporting record tallies. Singapore heads to the polls for an election overshadowed by the pandemic. Disposable wear gloves and observe distancing roles at the ballot box. Lets get to Sophie Kamaruddin in hong kong for the latest. Sophie after u. S. Stocks closed in the red, we are setting up for a lackluster start to this friday morning. Futures are mixed. Kiwi stocks added. 4 so far this morning. S p eminis nudging slightly higher with rising virus infections in focus in the u. S. As well as in asia and on the ecoagenda today, we are watching out for japanese pbi ending acree output and the philippine trade plus chinese credit growth data for june could be released from today. Singapore offline for the elections to be held. Asian stocks could pare the weekly advance but still set for the best five day stretch given the chinese stock rally we saw this week. Flipping the board, china futures have se