Hour, likely to confirm thirdquarter results that beat forecasts. The first since the patriarch. It may losewarning Legal Protection over user content. Lawmakers accuse platforms of abusing their power for political speech as the election nears. First, lets get you started with a quick check of the markets. Sophie kamaruddin in hong kong. Sophie after the steep losses we saw for u. S. And european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u. S. Futures edging higher early in this session. We do have aussie shares under pressure, off by. 4 this morning. This after the tech lead rebound we saw wednesday looking shortlived. And set under pressure, falling 3 after recording a 42 slump in profit. Those results coming in line with analyst estimates. Check out the aussie dollar holding about 70 but trading near a nine day. It could be in the making the next few days. Metzler about the board to check in on some other assets in focus. We are
Never goodbye or munichs thomas near make a return to the Germany National team german general manager all over beer hall tells you the possibilities shouldnt be fixed. On exposer thanks for joining us and we begin here in berlin where large rallies have taken place against germanys coronavirus restrictions despite police attempts to break them up the protests have been given the go ahead on strict conditions but police say participants fail to wear face masks or follow social distancing rules in all tens of thousands of people managed to voice their anger against the governments handling of the pandemic. Taken by the thousands to demand germanys government change its course in the corona crisis. But for many who demonstrate. In the heart of berlin ended in arrest. Police say they were forced to make the detentions after a far right activists who marched alongside coronavirus skeptics clashed with police. A small group even managed stormed the steps of the German Parliament before bein
Lighten up in a bid to get people back to work. The concern here and why these indices are in the red is what if that brings about a surge in the case count. Lets look at what is happening in the broader asian markets outside of china. You can see the asiapacific index excluding japan. Japan is on hold today. Also in the red. S p, futures looking ahead. Under pressure on worries about what suppliers will be doing to supply chains. A lot of them are in south korea and that is now the focal point for the coronavirus outside of china. I want to bring to your attention at the top of the screen, the malaysia stock index. Some political turmoil, news coming out of the Prime Ministers office. Really weighing on malaysian equities, down to the lowest point since 2015. I want to bring your attention to the currency markets. Also want to point attention to the aussie dollar versus the yen. That is not just the currency to watch in asia, but the broader risk barometer. The aussie dollar can be a
Countries. We are continuing to see the corporate fallout, we will get more details on airlines. Delta saying it is suspending u. S. To china flying routes through april 30. Asked theirsoft staff to work from home. Amazon as well. The longer it takes to test anybody, the greater the risk they will be spreading the disease. Mike pence saying most cases are mild and they have flulike symptoms. Compared to the tests the u. S. Have carried out, 2000 by the end of last week, compared to 140,000 in south korea. In the u. S. We are seeing 11. Lities rising to this is having a concerning impact on the markets. Lets get to the Market Action. Speaks,president pence we see markets accelerating losses. Now trading at the lowest level since september. The chinese equity come back facing a roadblock. Seng headedg hang for its lowest level of 2020, and s p 500 futures extending the trading session losses, closing down 3. 4 , now off 0. 8 . Earlier futures were moving higher as much as 0. 7 , so quite
Protests take their toll. Shery china continues to push the liberalized market with a more flexible loan. Japan and south korea have come online. Lets get straight market action. Offie the nikkei 225 is. 3 . Best court of the again since 2016. Asian stocks are drifting toward the year end. We are digesting the latest figures. We are going to be getting hong kong trade numbers. Taking a look at was going on in sydney. We are seeing shares snap a threeyear game. Paul lets get you uptodate with the first word news. Wildfires in australia are expected to get worse this year week amid rising temperatures. 122 millions of million acres of land have burned. Nine People Killed and over 950 homes destroyed. Scott morrison says that firefighters battling the fires in New South Wales will be compensated. This is putting additional demands on our firefighters in particular. It means the turnouts and the callouts have been far more extensive than in previous years. This is beyond and above what is