The virus, the treatment and a possible megadeal after they are with gilead inr the Biggest Health care deal in history. Atlets take it what look what it is going on this monday. After u. S. Stocks, the pickup and jobs data we are seeing third of 1 . At theshore yuan trading april 14 high and moving away from the lows of 2008 against the greenback but the yuan has been sliding against the basket of peers. Rising, set for the 10th day of gains on the back of the opec deal rubberstamped on center. Checking in on wti and brent this morning. Wti holding steady. At 39. 54, and brent gaining closing up after 5 . Idi we do have this resumption of gains and Risk Appetite in asia. We have a positive picture when it comes to asian asian futures. Up by a quarter of 1 . A big tank expected when it comes to the start of trading in seoul. With kospi futures up like 2 . New zealand resuming gains as well. At the highest level since march. A quick word when it comes to trading in australia we do have
The National Guard is ordered out of washington as people protest continues. Lets check on the markets. Saw ong those gains we friday, resuming the rally on better than expected jobs numbers from that job support. We are seeing new zealand trading higher. Bouncing back from the friday selloff. Sidney, we dont have trading today due to the queens birthday, long weekend. We are watching the aussie dollar. In terms of u. S. Futures, we have seen a pop up of about 0. 5 . Lets look at the oil patch. We had the extension by opec in the alliance. We are seeing upside when it comes to crude, up by 1. 6 . New york crude just over 40 a barrel. Continued gains when it comes to commodity commodities related currencies. Sophie protests continue across the u. S. And around the world as some of the largest crowds gathered over the weekend. The demonstrations have been largely peaceful. Cities have lifted curfews and President Trump has ordered the National Guard out of washington. A bloomberg editor
Peacefully protest following the death of george floyd, who was killed while in Police Custody in minneapolis. Governor murphy announced the state is lifting its stayathome order, which has been in place since midmarch, following this event. On coauthor of the politico playbook, joint by my colleague joined by my colleague, and not, with new jersey governor phil murphy, to talk about the handling of the coronavirus pandemic, how the states opening, and what assistance he would like from the federal government. This is part of a new playbook series which will bring viewers behind the scenes with leaders of congress, the white house, business executives, but the new world order and bringing forth ideas to help america course correct ahead of the election. Just a reminder, if you have questions, you can tweet litico live with the politico. We want to hear from you who are watching on political. Com. The question, what should congress be doing to respond to the protests against racial just
A court ban protesters in australia say they are running for Racial Justice and an end to aboriginal deaths in Police Custody. The fear is that perus hospitals are running out of oxygen for coronavirus patients the president orders plans to ramp up production. And france says its killed the leader of al qaeda in north africa in an operation in mali. A growing number of Us Police Departments are enforcing changes to their tactics in the wake of George Floyds death the city of minneapolis where he was killed is Burning Police chokeholds and will require officers who see colleagues using improper force to step in and stop them as well as banning chokeholds new york state plans to classify false race based calls to Emergency Services as a hate crime and california will stop training its officers to use a type of restraint that killed george floyd across this country we train techniques on strangleholds. That put peoples lives a risk now we can argue that these are used as exceptions but at
Dollar is mostly higher against some of these currencies. The kiwi and the aussie which were the early outperformers seem to be also moving some ground. The aussie certainly has had a relentless rally. Take a look at what has been driving the sentiment here today. The likes of oil. After six straight weeks of gains, this rally seems to be taking a bit of a pause. You take a look at brent, still hovering around 42, 41. New york crude around 39. 52. We are watching the likes of the u. S. Tenyear. We have surged to a high on the jobs report for friday. We are backing off from the fed when they take the stage later this week. The yield curve is one of the steepest in three years. Expect it to steepen further from here. Chinas trade surplus surged to a record in may as exports fell left and inspected. Helped by an increase in medical related sales per lets get more on this story from selina wang in beijing. What is the context between the trade surplus . The numbers were much better than th