In the white house, continue they continue to push reopening. Stephen mnuchin says another shutdown is off the agenda. Like ait does look terrible set up when it comes to this final friday training session. The selloff looks to continue. In the u. S. , it was deep and heavy volumes as we saw that box provedy go really be wrong that came to a screeching halt. 2 trillion to write off the value of u. S. Equities in under seven hours time. The are seeing a rebound when it comes to u. S. Futures trading for the s p, seeing upside about. 5 . Chicago and nikkei futures looking positive. Still, we could see some downside in the session, particularly as we continue to see the yen, really the only outperform against the dollar. In sydney, no such luck. Futures plummeting by over 3 . We had aussie stocks falling the most in six weeks in the thursday session. We are seeing the correction extend to almost 4. 5 percent in the early part of this session as we see downside for the kiwi and the aussie
This spirit and together and will make it through. Stay safe everybody. Stay safe stay safe increase in stay safe. Linux we pedia and firefox all have one thing in common their source code is open meaning everyone can work on the code but recently Major Tech Companies have several big open source projects how will that impact the open source space will it become less open our topic today on shift. Open Source Software is unique in that it lets anyone access and develop at source code the open Source Movement emerged as the antithesis to commercial Software Businesses tech giants tend to keep their proprietary code secret Companies Like microsoft sell expensive user licenses of its patented code the companys founder bill gates even referred to open source projects as a new form of communism now microsoft has shelled out 6500000000 euros for. It happened a key open Source Software Development Platform and i. B. M. Recently bought open Source Software developer redhat for a staggering 300
Higher. We had a Statement Issued from the bank of korea after a government meeting that outlined some potential support measures. The asx 200 at one point close to 4 , now higher by. 8 . Than twoes up more point 5 , this after President Trump spoke. We are also seeing safe haven bids. The dollar yen after moving towards 100, back wrenching above 10 three. The worst g10performing currency today. Gold also falling for the first day in 4. Treasury yields shooting to the upside. The 30year is up nine basis points. Some of the largest moves we have seen to the upside for the 30year over the past three years. Haidi Sarah Ponczek, taking a look at the action. And how very quickly the market story is changing here in the Asian Session. Singapore forr to more analysis on where the markets are going and what the catalysts are. Joining us is all across asset. Ditor, joanna what are we seeing in terms of this slight shift in the markets . Pretty typical after you have such a big down a deep marke
President , Robert Kaplan. Why one person sees i think we can but it was one of commodity exposed risk currencies . Zach not necessarily. The main reasons why it was that is what we saw the first appropriate we take action this time around when the virus was week and why we are very opportunities. Treated by investors as a china lets check today on the carefully monitoring the shock. Situation. Monetary policy is not the lead something that was concentrated policy option in this situation. In china and therefore negative for commodity demand. We need Good Health Care now the virus shock has gone global. Street, down today, arresting western europe, north america, yesterdays gains. Policies, containment policies. Both dealing not only with the transportation index is it is possible fiscal policy spillovers from china but direct will play a role. Enough fair market. There may be forbearance effects from the coronavirus outbreak itself. Policies from a supervisory that makes the currency
On what happens in syria but every time including moments we manage to find Common Ground on controversial issues and find an acceptable solution based on the high level of our bilateral relations thats whats happened this time that we are going against them while negotiations and moscow were on the way out fighting and if they continue an airstrike blamed by opposition activists on russian warplanes killed 15 civilians including women and children a few hours before the landmark meeting took place for the. Undoubtedly a meeting on it live is of great importance in fact the situation in the region is very tense i know that the worlds eyes are on us. Early a ceasefire as brokered by russia and turkey havent held for long he has blamed Syrian Government forces backed by russia for a start of hostilities several times before but some analysts believe that putting might be less willing to back a start as strongly as he has done so far personal. Problems russia helped to solve it leaves a p