Pips. We are looking at the rest of asia doing this. 1 8kospi index down about of 1 . Some updatese, here on what happened yesterday. Military saying it is on high alert in that part of the world. Today,the top stories just a couple minutes ago, we did get confirmation out of the pboc, adding more funding to the system here. It is trying to guide the economy through a rough patch. A smaller chunk, 2. 95 . Jason. Us now is pleasure to have you. Good morning. Your top thoughts for today. What is top of mind for you . At chinas liquidity guess first the primary liquidity facility, but it does also add to the positive growth picture for china, especially on a relative basis. Covidast because the situation has been continuing in china. When you couple that with Strong Capital flows and improving current accounts balance, it doesnt mean the fundamentals are quite good at the moment. Note, and i guess on that many people say go long against the dollar. Your trade is the currency against the i
This trillion budget deficit the australian budget deficit turmoil withs in tensions in china and the virus lockdowns. Shery lets get a quick check of the market. We are seeing u. S. Futures coming online a quarter percent higher at the moment. In the broader context of things, the s p 500 goes down for the fourth consecutive week. On friday we did see some misfires and after the market closed we had news that stimulus count had resumed stimulus talks had resumed between speaker of the house nancy pelosi and steepener nguyen. W steve mnuchin. 4 . Is down it did manage to stay above that 40 per barrel level but we do have concerns over the virus search. The dollar seeing its best week since april. Haidi we are seeing currencies in asia at this early part of the session holding pretty steady. We are seeing some downsides when it comes to trading already. Isare looking like tech possibly following the lead in the korean and japanese markets. In asia, it is a muted first half of the week w
To the right with his choice of amy coney barrett. It would make it a 63 conservative split. Hitting a high know. Aims top behind bts raise 800 million in koreas largest ipo in years. Lets take a look at how we are setting up for the asian trading session. They hope to follow the momentum we saw in the u. S. Session on friday in particular with these gains in tech stocks. S p futures looking pretty positive,. 3 . Optimism as we get to the open in tokyo. A quiet first half of the week. We do have japanese throughput later on this week as well as decisions out of the philippines as well as india. Disney futures up by. 3 , as they continue to see growing concerns about the impact on the economy when some of these fiscal support measures start to peter out. We do have some optimistic news when it comes to the listing in victoria. New zealand off by 1. 5 . Dragged down by some of the dairy names. Tom the clock is ticking on tiktok. We are in our way from trumps ban that takes place midnight
We have seen the g10 space benefiting from that, especially when it comes to the pound. There are brexit negotiations starting today in brussels. So far there is possibility of progress. It looks like we are in this seeing people are are saying this is the yen buying path of least resistance. We are looking at, when it comes to commodities, the gold futures. Right now. Silver and aluminum having a big comeback. You see brent crude hovering around 42 right now. One big interview to tell you about today. We are talking about market debuts in hong kong, gto express. Here is the bond market first. Not a lot of movement when it comes to the aussie 10 year yield. 77 basis points as people wind back the rate cuts. 3. 11 for the chinese 10 year still. This is what i was talking about. He is joining us for an exclusive interview at the bottom of this hour. A pretty stellar debut to start the week. Haslinda like you said, a lack of conviction. From get Market Analysis the asset strategist at j.
Election day. Thats cutting it close. And while Mitch Mcconnell is confident he has the votes to confirm the president s choice for the high court, the radical dems are acting like agents of a foreign power rather than members of the loyal opposition. The democrats have already attacked judge barretts role as a working mother of seven. Thats right, attacking her as a mother of seven. They have implied she is racist, they have further implied she is a religious fanatic. President trump calls the attacks of the left on her straightforwardly anticatholic prejudice. I thought we settled this 60 years ago with the election of john f. Kennedy, but seriously theyre going after her catholicism. I will stand with her, fight with her, and we will make sure that these attacks stop, because they really its unprecedented. Theyre basically fighting a major religion in our country. This is incredible. Lou at least four of the radical dem senators say they wont even meet with judge barrett, they refus