Arizona, and hospital cases in california all marking new highs. Plus top advisers to President Trump are set to urge the u. S. To undermine the hong kong dollar peg to punish china for its crackdown in the city. Ons get a quick check up how markets are set up for the open. Here is Sophie Kamaruddin in hong kong. Sophie in asia this wednesday, we are seeing a mixed start to the session with focus on china and if mainland stocks can keep up that rally we have seen for six days. Futuresd 14 so we have in the green for the most part. Hang seng futures settling higher after the rally did stall in hong kong on tuesday. Switching out the board, checking in on the hong kong dollar, which continues to have the 7. 75 mine as they continue to defend the peg, we are seeing little reaction in the curb. Jumping into the terminal for a big picture book, low 200 pips after the spike we saw in may but staying elevated on economic and political uncertainties. Tracking any reaction to a bloomberg report
And bill mcagain. Mcgern. Mary, 40 million jobless in two months. Weve never seen that before, not in our lifetimes. Is this the extent of the damage or are we going to see some more . Hi, paul. I dont think we can say whether were going to see more. We dont know from the Health Aspects whether we get the second wave and so forth. I think what we know right now is that we have a first of all, a very entrepreneurial culture. Ive been impressed in new york at all the entrepreneurs and Business People who are eagerly trying to reopen their shops. Sadly, a lot of them didnt make it. But theyre back. Also, we had for the month of april, while we had Consumer Spending drop by almost 14 , we also had an uptick in personal income dividends and interest mostly personal income because of the governments subsidy packages to individuals. Paul right. So you have all these people who have been penned in their homes for a long time and the money is burning a hole in their pock e i think theyre ready
And bill mcagain. Mcgern. Mary, 40 million jobless in two months. Weve never seen that before, not in our lifetimes. Is this the extent of the damage or are we going to see some more . Hi, paul. I dont think we can say whether were going to see more. We dont know from the Health Aspects whether we get the second wave and so forth. I think what we know right now is that we have a first of all, a very entrepreneurial culture. Ive been impressed in new york at all the entrepreneurs and Business People who are eagerly trying to reopen their shops. Sadly, a lot of them didnt make it. But theyre back. Also, we had for the month of april, while we had Consumer Spending drop by almost 14 , we also had an uptick in personal income dividends and interest mostly personal income because of the governments subsidy packages to individuals. Paul right. So you have all these people who have been penned in their homes for a long time and the money is burning a hole in their pock e i think theyre ready
Warm anywhere today, however, warmer weather is on the way for wednesday and thursday. Join me wednesday and thursday. Join me later for a full forecast. Later for a full forecast. Good morning to you. Im stephen dixon. And im Ellie Costello and this is breakfast on gb news. Now. Do you wake up feeling at one with nature or are you irritated by the dawn. 7 because if youre by the dawn. 7 because if youre up at this time of day, you probably hear the dawn chorus. Does that drive you mad. 7 because it shouldnt. If it does, it shouldnt do because its in several the papers this several of the papers this morning. But research has found that places that dont have as much birdsong, people , al, are much birdsong, people, al, are more likely to be admitted to hospital with Mental Health problems. Really. 7 really. So its very really . Really. So its very good for you. The sound is good good for you. The sound is good for your Mental Health. It is actually good for reducing anxiety and mood di
We kickoff the final hour of trade after two days of gains, the markets are wobbling just a bit and green on the screen, but we also have red. Weve got the dow flipping between positive and negative. Its actually had a 250 i want tosca 280 point swing today from peek to trough and back to peek here and right now down 51 points and nas dc holding onto 26 points of gains. The s p down 2 points standing at 4,356. We need you to look at a live floor picture of the house of representatives right now. At any moment, the house is expected to gavel in for the day, republicans are hoping to be able to hold a vote for a new House Speaker, but the process for that vote is still at this hour a mystery. House majority leader Steve Scalise was the one selected over jim jordan by the gop caucus at a meeting earlier but its unclear at this hour how it will all play out. What is clear though is it is 10 00 p. M. In israel at this hour, and our fox news correspondents on the Ground Report the Israeli Gr