Regionally, as we saw a setback moments ago from Johnson Johnson. They are pausing the study here on their vaccine after one of their patients fell ill. We did of course look at, when it comes to the china 10 year, we are expecting a big dollar bond sale as well, and details as soon as wednesday. Still Holding Around the 670 level at the moment. Lets look at the rest of the market as we count down to those numbers out of china. Ratentioned in indonesia decision later today, jakarta coming online just slightly higher. Because ofpressure vaccine setbacks, and india as well, we could see a lower open in mumbai. A big power outage yesterday impacted volumes. We also saw inflation surge in september. We are watching fx as well, the dollar pretty steady and the rest of asia affects fx lower after we saw weakness in the chinese currency as well, the pboc made it cheaper to short the renminbi. We are watching the china and aussie tensions ramp up again. We see brent crude and new york crude, p
And terror activities the measures blacklist almost all of irans financial sector. President says hell resign once a new cabinet is appointed protesters force the resignation of the government on choose day halderman says fail to get enough members together to agree on who should be the Prime Minister russia says its obliged by security treaty to prevent a total breakdown in kyrgyzstan. From the capital bishkek seems to me. About how this situation could deteriorate and it seems as if. The president. And said look youve got to play. By the constitution. And it seems like. Russia has invited the Foreign Ministers of amenia and azerbaijan to moscow for talks in an effort to end the increasingly violent conflict now mediators from the u. S. Russia and france have met in geneva to find a resolution at least 30 more soldiers are reported to have been killed on thursday the organizers of next weeks u. S. President ial debate have refused to overturn their decision to hold the event virtually
You can see individual markets and you can see how we are seeing most of these north asian performers here. Hong kong is up about. 6 . We just heard from carrie lam who said the social distancing measures may be on for a while in the city. Jakarta coming on pretty strong. We are counting down to that rba Rate Decision and the budget announcement. Super tuesday in australia. We take a look at the yield curve as well. That will be the story here. A massive steepening overnight. Take a look at the two and the 10. As well as the 30 year. That yield reached the highest since june as we continue to price in this blue sweep. Powell the fed chair jay speaking later on. We will watch the aussie 10 year. 89 business points for the aussie tenure. The dollar also selling off on expectations of more fiscal stimulus. You do have the aussie as well. That has been gaining ahead of that dual announcement coming through. Heading closer to 6. 7. Haslinda we want to show off u. S. Live pictures. Mike pomp
And experts warn too much celebration could trigger a 2nd coronavirus wait. Welcome to the business i want to get jones and berlin good to have you with us the United States and to google i headed to Court Washington has filed an antitrust lawsuit against google accusing the company of illegally using its market power against its competitors the government says google has borge its success by paying a mobile phone makers and others to make it the default search that engine google controls about 90 percent of global web searches its the biggest challenge the u. S. Has launched against the Tech Companies and a landmark case against microsoft and that was back in 1998. So lets get some analysis on this now from our financial correspondent Chelsea Delaney in frankfurt chelsea. Please tell me i mean so what exactly is illegal about googles business model. Its no surprise that google is seen as a monopoly here but what the government is alleging is illegal is the way that google has attained
Boris johnson is due to the side on fridawhether to walk away from the talks. New zealand prepares to vote with polls indicating the Prime Minister will be a comfortable winner. Both party leade are criticized for not doing enough for women. Breaking news out of south korea. We are getting the jobless figures for the month of ptember coming in at 3. 9 , which is much higher than analysts had expected. Its also larger than the previous month, when it came in from august at 3. 2. 300 92,000 jobs were removed in september from a year earlier and we have seen the jobless rate ssawing. We did have the virus resurgence in south korea so that hit the labor market negatively and we had typhoons in september that might have skewed the numbers. The positive boost for the labor market in south korea is the governments planned fourth extra budget that should help the employment market. S p saying it will take many years for employment to return to prepandemic levels. We have seen the bank of korea