Major peers. Cofounder sewing softbank for reneging on a 3 billion deal. Shery take a look at how markets are trading at the moment. We are seeing upside for u. S. Futures, kind of flat right now, paring back some of those earlier gains that were already adding to the rally we saw late in the session in the u. S. But paring back some of those gains. Kiwi stocks gaining for a second session. Sydney futures higher by. 3 percent. As we head towards the rba Monetary Policy decision, not much change expected there although we are hearing from the treasurer that we could see a deep contraction this quarter. We are seeing crude gaining ground, extending gains above 21 a barrel as we see u. S. Build now slowing. The push to reopen state economies is clouding efforts to predict the official told from the coronavirus p he has ramped up his death production. Coronavirus. He has ramped up his death projections. Greg sullivan joins us now. President trump still pushing for the reopening of some sta
Expecting 8. 6 and were getting 17. 7 . Those numbers getting close to the new years chinese holiday. Maybe there is a seasonal effect on these numbers. Rishaad these are good numbers, 17 . Lets have a look. We will have a look at what is going on with dollar numbers. Lets wait for that. Exports, in dollar terms. Do not have the dollar number yet. Nikkei up 0. 8 . At 29,000. Asx moving tohe the upside. Front andd the yuan center. 110 since may 24 or Something Like that. Getting more and more strong. 6. 87 . More strength coming through with the yuan. That could be down to what we are seeing with export, import and trade numbers. Yvonne these numbers when it comes to 2019, exports rising 5 from a year ago. Imports rising 1. 6 . The trade balance coming to 2. 92 billion renminbi. It seemshole year, things were looking better and not as bad as forecasted. Still in the green. David people would say it is backward looking data, but when you look at the trend, things are getting better. That
confidence, which has been hit by an economic slowdown and a deepening crisis in the property sector. earlier, i spoke to charu chanana from investment bank saxo, and she told me investors want to see beijing implement long term structural reforms. it s not something that can offer that long term comfort to chinese investors or those who are actually looking for the stocks to get dirt cheap and kind of, you know, make an entry into that market. these are measures that we have obviously seen in the past as well, in the last few weeks, and all they really do is to try to put a floor but it is not something that investors are excited about, the chinese market. i think investors are really waiting for some kind of a structural reform there. and just the whole message that has been coming out of the politbureau meeting and the lack of details on when we are really going to see that third plan meeting which actually focuses on the structural side of the economy. i mean, those are
hello and welcome to public opening. there were crowds of people and the i public opening. there were i crowds of people and the then prince crowds of people and the then prince of asia business report. crowds of people and the then prince of wales who opened it. i m steve lai. and here prince of wales who opened it. we begin in china where, and here you are over the weekend, authorities have vowed to stabilise markets. prince of wales who opened it. and hers too. are prince of wales who opened it. and hen too. opened, too. it is wonderful it comes after another volatile what they session on friday that saw opened, too. it is wonderful what they have opened, too. it is wonderful shares dropping to their lowest what they have done. - level in five years. a series of government support what they have done. for more stories across measures have failed what they have done. for more stories across the what they have done. for more stories across the uk, - what they h
the country s property sector. earlier i spoke to charu chanana from investment bank saxo and she told me investors want to see beijing impletment long term structural reforms. it s not something that can offer that long term comfort to chinese investors, or those who are actually looking for the stocks to get dirt cheap and you know make an entry into that market. you know make an entry into that market. , . ., , , that market. these are masters that market. these are masters that we have that market. these are masters that we have obviously - that market. these are masters that we have obviously seen - that market. these are masters that we have obviously seen in l that we have obviously seen in the past as well, in the past few weeks, and all they really do is to try and put a float but this is not something that can do to get investors excited about the chinese market, i think investors are really waiting for some kind of a structural reform there, and just the whole m