From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos
Francine lacqua is at the london event. We will join her later in the show. Lets get you through some of the Wild Movement in Global Markets. It was risk on. Believe that the chinese delegation was looking at a broad area of subjects, but now the latest lines coming through around basketball broadcasts. Now a warning from the chinese side. China sang stay tuned for a retaliation when it comes to the blacklisting of Chinese Companies by the u. S. Government. The market in the last five to 10 minutes is clearly turning. U. S. Equity futures 0. 1 lower. Gold, same story, flipping around, now higher. Trepidation percolating throughout the classes. The aussie dollar coming off the highs of the session. Other surveillance points to look out for. Francine. K. Time will be speaking to the chief executive of Fidelity International. Dodds half past 9 00 london time. Chinese state tv halting broadcasts of the National Basketball association games, saying the backlash intensifies over a tweet expr
Involved in the persecution of muslim minorities in china beijing was swift to respond signaling it will hit back this comes just 2 days before u. S. China trade talks are set to resume aimed at ending a protracted war. The timing couldnt be worse the u. S. Targets 28 chinese firms in its new blacklist this week but says it has nothing to do with the trade talks with beijing on thursday washington alleges the companys helped china suppress ethnic and mostly muslim minorities in what amounts to a police state. And beijing has issued a stern rebuke. Me if i dont there is no such thing as the socalled human Rights Problem as alleged by the United States he accusation is nothing but a deliberate pretext created by the United States to interfere in chinas internal affairs. For its part the u. S. Says it keeps human rights and economic concerns separate but it is reported to have previously shelved releasing information that would have shown a light on chinese abuses for fear of derailing ne
Using the channels available to people to take action and where to turn into doing something new for the next generation. The environment series of global 3000. 00 on d w and online. Cut. Us ads dozens of Chinese Companies to its export blacklist just days before the latest trade talks between the 2 sides began so what could it mean for negotiations. Also on the show both sides in the china in be a just few to gain in the asian power of the worlds top basketball really live without one another. In this Business Report im Stephen Beard zimbra lead thanks for joining us. United states has added a further 28 companies to an export blacklist saying the firms have all been involved in the persecution of muslim minorities in china beijing with Swift Response signaling it will hit back as comes just 2 days before u. S. China trade talks are set to resume aimed at ending a protracted terror for the timing couldnt be worse the u. S. Targets 28 chinese firms in its new blacklist this week but sa
Asia. Rishaad starting the program looking at the major benchmarks around the world. Index, lets have a look at what it has been going on since last anywhere he. January. White, last january. The green line, looks at the magnitude and speed of price fluctuations. 70 seems to be overbought or undersold. And we have the world index, showing the euphoria around the world is gripping the whole world, as opposed to just the msci emerging markets indicator, purple. And then we have the asiapacific index, the secondmost overbought one as well. There we have it, heidi. The party goes on for the time being. Heidi do these technicals part of something that could be in the way of a correction . Europe might be the only one that has a bit of room to move. A number of key events could pull this different directions. The u. S. Laterin this week. Japan is back in trading action after the threeday break. 24,000, Japanese Equities looking at the highest since 1991. Take a look at the action. We will se