Effect. Is still flat,n and we are watching the korean won, seeing some slight weakness this money. Indonesia is coming on the line at the moment. Chinese stock continues to extend these gains, after the reopening of the holidays. Pointing positive as well. We are spending some Inflation Numbers coming out of india. Where watching the commodities of course. That slide in for the second day. Supply constraints are starting to ease right now. Bolivia and its biggest both owed could be at capacity. And a bit ever treat in iron ore. A bit of a retreat in iron ore. Tom there seems to be potential for the currency to resume gains. Lets discuss now with fred neumann, cohead of Economic Research at hsbc. Let us bring you an update on the nba. The l. A. Acres definitely l. A. Lakers have beat the miami heat. The l. A. Lakers have now won the chairmanship 17 times. This puts them toasted so the caltex. Season one longest record. The nba was effectively frozen out by the controversial tweet back
Eurozone. The german lender looks to fill its top job as soon as this week in a bid to end a shareholder revolt. 6 00 and in 6 00 a. M. In london. You have not had it so cheap for quite some time. Five year low in dollars. Record no in pounds. , thedity from my friends munificence of Central Banks is gushing in the form of liquidity. It goes back to the old story which is where do you find the velocity, where do we start riskon. He bonkers jp morgan, citigroup, look to the hinterlands of recovery. Good to see you again. Bita Goldman Sachs takes a of a different view in terms of the rest of the year but i still see some growth coming through in 2021. To jp morgans point, they are saying liquidity will lift stock and bond markets and that comes back to the conversation you and i have been having for so long in terms of our these two markets giving us different signals or is it all about the liquidity . Manus which is priced better . Moves they scrapped their bearish call on risk assets a
Welcome to bloomberg surveillance. Im Francine Lacqua in london. The markets are definitely focusing on a couple of things out there. ,here is a lot going in china global stocks continuing to it is yes and in the market. The dollar and treasury slipping. Homebuilder shares in the u k advance after a report the government is considering a temporary increase in the pay. Hold at which buyers weighing a Global Equity market that remains about 40 above its march lows amid this economic recovery, which is under threat from the continuing spread of the virus. We will have more on the markets but lets get to the bloomberg first word news. Here in london is leighann gerrans. Planning billions of pounds in two theaters and then use to rescue the arts and culture sector from the brink of collapse. Announcing the move, the chancellor tweeted the show must go on. He will outline his next steps for the economy on wednesday. The next key date for frexit progress according to one of europes biggest fi
Locked out of save lives but keeping it in place could lead to economic collapse. And the u. S. City known for its rich musical history refuses to be silenced by the pandemic. Soldiers are patrolling the streets of lebanons 2nd biggest city where theres been another day of violent protests against the deepening financial crisis at least one man died in tripoli as thousands defied the coronavirus lockdown aljazeera zana holder has a top story. Hunger and hopelessness are driving lebanese to the streets the economy is close to collapsing protesters vent their anger at banks for preventing people from accessing their savings and a long serving political elite is being blamed for mismanagement and corruption in recent days the local currency has sharply devalued against the dollar there were casualties among protesters in soldiers during confrontations that began monday night. When to destry its because the children are asking their parents for food and they dont have money to buy them any
Veils plans to pull up the anchor on its lockdown we talked to fishermen whove been struggling with the restrictions. Nicholas hoult indycar senegal find out next why this country with a small Health Budget has the biggest the weight of recovery in infected patients in africa. The French Football League is canceled as the government bans large events until september and japans top talked to says the spying to take you live takes is still in doubt for next year unless a vaccine can be found. Soldiers are patrolling the streets of lebanons 2nd biggest city where theres been a 2nd day of violent protests against the deepening financial crisis the Security Forces in tripoli 5 tear gas and rubber bullets to clear demonstrators who vandalized banks and set fire to cash machines. At least one man died as thousands of protesters to fight a coronavirus looked on monday lets go live now to tripoli al jazeera said huldah. Whats the situation then i was on. A cautious call no the army is out in fo