Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
Highest level on a fourpoint scale for nearly two months. A request that bars, restaurants and other establishments shorten their Business Hours will be lifted next week. Tokyo reported the highest daily tally among the countrys 47 prefectures. Across japan more than 600 new infections have been confirmed on friday. In total there have been over 75,000 cases. More than 1,400 peoplele have died. Authorities are also concerned about dealing with influenza spreading at the same time. So the Health Ministry has decided to offer seasonal flu shots starting next month. Officials say theyll give priority to people aged 65 or older because they face a higher risk of falling seriously ill from viral infections. Theyre calling for other people to wait for over three weeks to get a shot unless they have an underlying condition that makes them vulnerable. Business travel between japan and singapore is restarting as they push to reopen their economies. Shortterm business visitors will be able to sk
Rate declining. Japan lifts its emergency measures in tokyo, saying theres no need for further restrictions. Scott morrison addresses the pandemic file that later. He is being told he has a once in a generation chance to reform the australian economy. Consider. S to as we get underway this Tuesday Morning in the asiapacific, keep in mind lots of markets were closed monday including the u. S. The futures, to use that is any guide, we can almost say we are in the asiapacific. We are getting this coming online. Up 30 points clear of where you last traded on the s p back on friday, in terms of the cash market. Spy futures indicating a big pop. On top of the best day on monday. Highs. March 111 philip the board and take a look at the currency markets with ecb in focus and perhaps we are getting signals and some comments from key policymakers, we could get more stimulus, probably on the way. I will be generous. The record low. The aussie offshore rate back in september. There we go in terms
If the virus returns in the fall as some scientists think it may possibly these guidelines will ensure that our country is up and running so that we can likewise put it out quickly. As we discussed the prospects of reopening the u. S. The number of reported deaths due to cope with 19 inside of the country hit a record of 4591 in just 24 hours on thursday so lets take another look at the spread of the quote of i was 30 correspondents. So i whats going on today so globally brand weve had over 80000. 00 cases just within the last 24 hours bringing a total death toll to over 150000 but the good news is or also almost half a 1000000 people have also recovered so lets start here with the u. S. Where the president has unveiled a new guidelines to help states loosen some of their instructions and to get the economy back but with over 600000 cases here in the u. S. The guidelines will still recommend minimizing things like nonessential travel and indicated that the vulnerable population should
Economy as the week draws to a close we take a swing around the globe to break down the performance of International Markets and later a few sectors have a few sectors have been spared and the Auto Industry is no exception we bring in expert analysis to break down how the industry has landed on the brakes with a packed show today so lets go and dive right in. And we leave the program with u. S. President donald trump laying out a roadmap to reopening the economy our approach outlines 3 phases in restoring Economic Life we are not opening all at once but one careful step at a time and some states will be able to open up sooner than others some states. Are not in the kind of trouble that others are in healthy americans will now be able to return to work as conditions on the ground. Instead of a blanket shutdown we will pursue a focus on sheltering the highest risk individuals so important were stablish ing Clear Scientific metric and benchmarks on testing new case growth and Hospital Cap