That really has been down to currencies. The dollar index is up at the moment, but if you look at it over 24 hours, actually, its down by. 3 ,. 4 percent. One of the main beneficiaries of crown weakness has been strength. Sterling has been propelled about 1. 5 in the last day or thereabouts. The dollar weakness has been felt with the yen also moving to the upside. Theres another reason we are seeing upside on equities in japan. Gold not a major beneficiary, though it was at oneweek highs at one stage after the dollar was sagging earlier on. Thats a look at markets. Lets head over to tom. Tom lets get you up to speed with some of the other first word headlines. The Trump Administration is ramping up tensions with china once again, designating six asnland Media Outlets foreign which it says are controlled by beijing. They include the economic daily, which provides a look at beijing economic news. The Administration Says all six are substantially owned or by atively controlled foreign gov
A waste of space wills keeps building offices back over 19 is prompting a push to get more people working from home permanently. Hello taiwan says its had to scramble fighter jets to track approaching Chinese Air Force planes as the visit of a u. S. Official brings new tension Taiwans Defense Ministry says they were sent up as chinese jets crossed the midline of the Taiwan Strait china began military drills close to taiwan after the arrival there of a top u. S. State Department Official well china is accusing the u. S. On taiwans ruling party of colluding to stir up trouble and says the exercises in the Taiwan Strait are to protect what it sees as its territorial sovereignty and the u. S. Undersecretary for Economic Affairs Keith Crocker is the most senior state Department Official to land in taiwan and decades marks the 2nd visit by a u. S. Official in 2 months the Chinese Government condemned the trips and says diplomatic relations between taiwan on the u. S. Will lead to a dead end
Justice department pushes prosecutors to charge protesters in portland with a rarely used law. Hello a visit to taiwan by a high ranking u. S. Official has led to fighter jets being scrambled and seen china launch Major Military drills Taiwans Defense Ministry says it have to send up jets to track approaching Chinese Air Force planes they crossed the sensitive midline of the Taiwan Straits which lies between china and the islands chinas minister of defense justified fridays new drills saying theyre necessary to protect what it calls National Sovereignty and territorial integrity it accuses the u. S. And taiwans really party of colluding to stir up trouble. Recently the United States and the Democratic Progressive Party authorities have stepped up their collusion and frequent. To stir up trouble whether its using taiwan to contain china or rely on foreign powers to threaten others it is Wishful Thinking and is destined to be dead and who plays with fire will get burnt the Chinese People
Hong kong Police Arrest a media tycoon and prominent activist jimmy lai after the u. S. Penalizes the citys chief executive carrie lam. 15 ,s in next digital get dip 50 only to reverse losses. The inflation debate. Investors look ahead to u. S. Ppi and cpi as global debt with subzero yields top 16 trillion. A ton of negative that out there. Bob prince tells bloomberg a pickup in inflation would be mind blowing. Frome under an hour away the start of cash equity trading in europe. Lets take a look at futures this morning. Looking at gains across European Equity indexes,. 8 of the gains you seen on the widely traded euro stoxx 50 futures, also on ftse futures. In london. Dax in frankfurt. Looking at games on the u. S. Futures picture. Tradings p minis stronger than nasdaq futures, but you still see green arrows, so it could be a risk on monday to kickoff the week. Lets get the first word news with laura wright in london. Gates billionaire bill says it is mind blowing the u. S. Has not imp
Ports of russians from the taliban strikes on u. S. Soldiers in afghanistan. And egypt says its dispute with ethiopia over its megaton project on the nile could lead to conflict if the u. N. Fails to intervene. But into the program chinas top legislative body has unanimously approved a National Security law for the territory that may crush Political Freedoms its the most far reaching development in hong kongs history ever since it was handed over to china in 1997 acts of subversion could now face a maximum sentence of life in jail critics say itll be used to stamp out all forms of dissent and it comes after months of mass unrest sparked by fears of chinas tightening grip on hong kong the legislation aims to cement beijings control over the semi autonomous territory and reshape the future of one of the worlds major sign. And szell centers adrian brown is standing by for us with reaction out of hong kong the 1st us cross over to beijing where katrina new is waiting for us in katrina real