A lasting peace continues to remain alsa reach. And find out what nasa has discovered on the sunlit surface of the mood. Hello welcome to the program our top story the World Health Organization has warned that european governments need to excel or a response they say to the coronavirus cases are rising sharply across the continent with dozens of countries now reporting record infections among them spain which added more than 52000 new cases over the weekend but hopes of a vaccine all growing in the u. K. With the British Government anticipating a mass rollout in the 1st half of next year the fucka has our report. Hospitals across europe are under mounting strain in spain emergency wards are overrun with coated 19 sufferers many of them elderly the countrys followed france and belgium sladen imposing nighttime curfews a response said Prime Minister Pedro Sanchez to an extreme situation. Countries are tightening restrictions from says been reporting record daily figures but a leading sci
Turnaround plan. The end of an era for the house that jack built. The alibaba cofounder steps down from chinas top ecommerce company. Kathleen later in Bloomberg Technology global link, apple is preparing for its biggest event of the year, unveiling his latest iphones. A quick reminder of how stocks ended the day. Kind of never really missed. We saw the s p futures pointing a little bit higher. The s p 500 was interesting today, closing within 1. 6 of its alltime high. That was a move higher. Basically flat at the close. The vix index nearly up 2 . The 10 year yield, bonds are a big story today. Some analysts are seeing the selloff in yields from germany to the u. S. , u. K. In around the world got some momentum from that stock raleigh stockmarket rally. The 10 year note yield. Go to the very far right. Backup to 1. 64. That was quite a move. More recently down around 1. 5, 1. 55. You see that. On themiddle, the yield far righthand side. You can see a bounce up to. 592 around. 49. Down
If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. Energy has been under pressure. If you are at the bank of korea looking at this, you have to think this could raise pressure for the bank do something at their next meeting. Gdp coming in for the Second Quarter at percent. Prior, 1. 1 . A small difference, not superstrong. Yearoveryear, 2 . Probably considered enough for the bank of korea for now. That number will catch a lot of attention. We will see how markets react. Lets look across asian market. You can see the red on my board. Asian tradin
Being unhappy with policy. The drum beats louder for rate cuts. And people working closely together to protect interests in the escalating trade war, we are live in bangkok. You a check oft the markets at the close. It was a turbulent day with not only iranu. S. Tensions but futures and options expiring together on quadruple witching day. There was a record intraday high only to close lower by. 1 , industrials and real estate stocks leading the declines. We have one sector gaining ground, the energy sector. The biggest winner of the session. Wti rally 10 last week on heightening middle east tensions. U. S. Futures up. 2 . Lets see how we are setting up. Sophie with the event risks sex g20, we could see asian asian stocks set for a softer open. Look at kiwi shares continuing to climb while flipping the board, checking the kiwi dollar, it is slightly higher for a succession as funds go bearish the currency ahead of the rbnz decision. The kiwi could be limited if central bank stays dovish
3. From new york to frank for, Christine Lagarde heads for the euros ofs slowing and the need for fresh stimulus. Shery lets get a quick look at how the markets closed in the u. S. Stockmarkets removing with between gains and losses throughout the session before moving decidedly higher in the last hour of trading or so. We have the s p 500 falling to session lows when we heard from cleveland fed president Loretta Mester talking about the fact she could not support a rate cut. We saw a estate, utilities, communication stocks pulling the market higher. The s p 500 closed 3 10 of 1 higher. It was a session of low volumes. We are headed towards a july 4 holiday and not to mention that trading will help only during the morning session. We have seen a little bit of light volume in this session. Not to mention that we have a lot of ecodata coming around the holiday, including the labor report on friday. Take a look at tesla. This was one stock that moved with a surge in late trading, gaining