Well despite the fact that we speculative trading should be curved up, well see how yum china is doing but a muted debut so far here in the city. We are expecting a Bank Decision highly expected to stay on hold here today. Also with the ecb as well. Watching the euro very closely. Did gain yesterday on the back of a report that some ecb officials having a little more confidence in the recovery from this pandemic ahead of its policy meeting. Theyre likely to hold. Well see what they say about the strength of the currency. 118 for the zero dollar. Pound still under pressure here. Things like the seems like the e. U. May be take manager Legal Proceedings or measures here to stop the withdrawal from this deal that Prime Minister Boris Johnson has been play to play out here. Your indonesia rupia as well. Recovering a bit on concerns about the Central Banks independence. Government think ceying it was opposed to the plan of a monetary board being set up at b. Y. Well dig deep beer shah in a
Cspan2. Good morning everyone. More people are expected to arrive i saw Michael Lawler in the back. So the Wilson Center the best supporter on the planet and giving a name tag. So i am jane harman president and ceo of the wilsonan center it is the best job onob the planet because i get to talk to geniuses every single day. One of them i will call around you may not know her but she run Science Technology Innovation Program and is responsible and then to teach capitol hill staff about cyberand Artificial Intelligence and then been gbuchanan and the go to guy and and i think i have been the repeater of alll time. And i thank him for his patients. A global fellow and will discuss the latest book right now but spoiler alert hackers change the world. How . But those are at those relations in the gap between the United States and other countries has narrowedas considerably. Narrowed considerably. In 1 million worth against the bank of bangladesh and that disinformation to the blackouts in uk
Right . When you talked about the japanese markets, we see the japanese yen gaining ground after it gained, was almost at the highest level in five months against the u. S. Dollar. Perhaps taking a little bit from the equity markets there. As you mention, this following the boj coming through with a 500 billion yen to provide stability to financial markets. Lets get a deeper look at the markets with sarah. Today, ther on Conference Call with the g7 finance ministers. We have seen a Global Relief rally while still intact, starting to fade. Japanese equities, the nikkei two to five, has given up almost all of its gains, now trading flat on the day. It was the boj statement yesterday that really got the relief rally rolling. Now we see japan leading the way down. Meanwhile, asx 200, australian stocks still trading very aalthy, the best day in over year, head of the rba decision in which traders are expecting a cut. The cost be kospi doing well. Pointing out,were the japanese yen, we very
Organization can play a bigger openness andting development. So that the multilateral trading regime can be more authoritative and effective. Later this afternoon, the chain the china side will host an informal wto ministerial meeting. We look forward to candid exchanges that will lead to globalctions to improve economic governance. I am happy to note that yesterday, 15 countries taking part in the original comprehensive economic concludedp or are cep textbased negotiations. I hope the agreement will be into fourthntered added early date. At an early date. [no audio] applause] china will be happy to include free agreements with countries. China r. O. K. Fta and a China Cooperation council fta. Will stay actively engaged in cooperation within the united and , the g20, a pick, move economic globalization forward. China will continue the belt and road cooperation. Today, with 137 countries and 30 international organizations, sign a has signed 197 documents on belt and road cooperation. Ch
And china repair strains. Issues such as huawei and cashmere were not discussed. Lets see how we are setting up in asia. Sydni shares gaining up a quarter of a percent. 10 year yields up six basis points this morning. Onare keeping a close eye banks in sydney as they face an inquiry after failing to fully pass on rates. Cuts. Ave passed 57 basis shares down. 7 . Qe stocks are up 1. 3 . U. S. Dollar,n the recovering after the biggest twoday decline in four months and gaining against sterling. 2 10 of aund up by percent. Haidi lets get first word news. We start with the latest on brexit. Boris johnson has told his cabinet he still thinks a brexit deal is achievable. The eu says his latest plan is not good enough to be the basis for agreement. Negotiations continue on monday with brussels warning that time is running out. All sides must be prepared for the u. K. Took crash out of the block. Leaders, including johnson, will meet thursday. Typhoonying out after a left death and destruction.