Asia braces for a second wave. This hour brings the latest check on the japanese economy, we await gdp Growth Numbers in a quarter dominated by the outbreak. Lets take a look at markets as we set up the trading session. We are seeing this with u. S. Futures. Backandforth between washington and beijing really dominating our can sentiment at the moment. Seeing new zealand trading on , as new zealand moves out of the restrictions. Positive upside,. 6 higher for australia futures going into the start of trading today. We are watching the yen, which has been seeing strength. Looking at positioning by money positionsnet long yen are being extended. There could be further upside with the japanese currency. Seeing upside continue with wti. Gains ineen the recent oil, shery. Shery we see more economies reopen and we are hearing from apple. They are saying nearly 100 stores globally have opened their doors again. Are refining it doesnt mean stores will not be shot if needed. Apple saying the sto
Territory of qualm. Rishaad the president visits taxes and says it is epic. Harvey bringing the heaviest downpour in u. S. History. Haidi growing doubts the fed will hike again this year, Major Applications for other central banks. Rishaad for years they have been the unloved part of the chinese stock market. We are talking about financials, lenders, and 8536, how things have changed. People looking at fundamentals as the big four report earnings. Is clear laggard Agricultural Bank of china, and the winner is the industrial commercial bank. What is happening, these companies have come back in favor, but this one issue has dogged them. Chinas big bang for banks and their nonperforming loan book. Theree worst performer because it is perceived to be the most risky as it does indeed have the highest number of npls on its books. All to play here, people looking for these numbers and other key makes aor what bank attractive. Absolutely. Campaigneleveraging isnt actually happening, so that is