The lower bar for sarah youre watching out is there are live from london also coming up on the program. Ivory coasts government confirms 85 people have now died in violence over the disputed election. Double the previous estimates. Sudan says it fears up to 200000. People could flood into the country escaping the fighting in northern ethiopia. And hong kongs prodemocracy legislators resigned on mass in protest at the dismissal of 4 of their colleagues. The thank you for joining us. The World Health Organization has described europe as a cautionary tale of the dangers of easy coronavirus restrictions. The continent is experiencing an aggressive surge in infections with daily deaths steadily rising towards the peak of the 1st wave in spring. More than 50000. 00, people have now died from cope with 19 across the u. K. , and thats after another 595 fatalities were confirmed over the past 24 hours. Marking the countrys highest daily death toll since may. Infections are also climbing with al
Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar, seeing an earlier push. Flipping the board to check in
Pips. We are looking at the rest of asia doing this. 1 8kospi index down about of 1 . Some updatese, here on what happened yesterday. Military saying it is on high alert in that part of the world. Today,the top stories just a couple minutes ago, we did get confirmation out of the pboc, adding more funding to the system here. It is trying to guide the economy through a rough patch. A smaller chunk, 2. 95 . Jason. Us now is pleasure to have you. Good morning. Your top thoughts for today. What is top of mind for you . At chinas liquidity guess first the primary liquidity facility, but it does also add to the positive growth picture for china, especially on a relative basis. Covidast because the situation has been continuing in china. When you couple that with Strong Capital flows and improving current accounts balance, it doesnt mean the fundamentals are quite good at the moment. Note, and i guess on that many people say go long against the dollar. Your trade is the currency against the i
News in new york city. We begin here, organizing the Manhattan Project for coronavirus vaccine. Its called its it wants doses available by the end of the year. The program will partner with from Single Companies in the military. President trump says he think china is determined to see him lose the november election and thats influencing beijings response to the coronavirus outbreak. In an interview with reuters he says he is considering various ways to punish the Chinese Government and blames her for allowing the virus to spread. The death toll the u. K. From the coronavirus passing 26,000. Saying the government wont ease the lockdown quickly. Whereghting germany social distancing measures were relaxed. Falling both nations more than 5 for the euro area later today. In the worst is still come. We end in china where factory data showing a domestic recovery being undercut by a global slump. Slippingred pmi despite them moving into expansion territory. Of economicecovery activity is likel
A live update from beirut. Libyan war logs Khalifa Haftar announces a ceasefire during ramadan soon after launching another attack on. The with the sports man is set to be crowned champions in france as the Domestic League season is cancelled. With numbers just released out of the us that show the continuing trend of widespread job losses more than 3800000 americans filed for benefits over the past week well that takes the total number of jobless from 26000000. 00 last week to more than 30000000. 00 now the Unemployment Rate hovered around 3. 5 percent between december and february but in march it jumped to a 2. And a half year high of 4. 4 percent thats roughly more than 7000000. 00 people a state governments now begin to restart their economies their easing lockdown measures more than half of the 50 states including florida or partially reopen by the end of the week as the john hopkins dashboard shows at least 1000000 people in the u. S. Have contracted the virus nearly 61000 have di