Significance as tension between the u. S. And china escalates over hong kong and the South China Sea and a major hike of twitter fake messages appear on some of the most followed accounts including bill gates barack obama and iran mosque. China has become the 1st major economy to report growth since assad of the kovac 19 pandemic official data shows its economy grew at an unexpected 3. 2 percent in the 2nd quarter after shrinking the most in nearly 50 years while some industries are nearly back to normal Consumer Spending is still down. The epidemic is still spreading faster overseas the restart recovery of the World Economy and trade has been very difficult domestically the recovery have to modest slowed the pressures of stabilizing and surprises and safeguarding residential employment a huge katrina you is in beijing for us joins us now live some unexpected numbers katrina growth much better compared to the rest of the world in china what is driving this. Well the authorities here sa
We hear exclusively from eric rosengren. China is accused of using social media to undermine the protest in hong kong. Twitter and facebook delete a string of fake accounts. Shery how markets closed. It was another day of strong rally with the s p 500 gaining more than 1 . Every sector was in the green. Energy amtech led the gains. Lead the and tech gains. A positive sentiment with trade. That was reflected with the u. S. Dollar. It rallied to this years high. Gain 250 points. The nasdaq up 1. 4 . Doing much butt lets see how things will be shaping up in asia. Conviction investors will be tested with futures looking at a mixed session. Kiwi stops adding. 6 . We have the strong dollar to contend with which may put a damper on Risk Appetite for emerging markets today. We are on tech watch. We have xiaomis earnings on the lineup after baidus results came out overnight. Onay, were keeping an eye the rba meeting minutes. Trade data from taiwan and today rate the pbocs loan prime. A key mile