A bad case of fear of missing out on the rally welsh as a touching 4 week highs investors betting on a revival in china less fussed about hong kongs economic woes and a sweeping National Security law. Hong kong is struggling to clean up the economic mess caused by coronavirus and months of protests the new security law bans socalled subversion and foreign intervention in the city its rattled nerves in the territory which was already on edge. Critics including the u. S. Fear the law undermines hong kong status as a free wheeling capitalist haven the u. S. Is introducing sanctions and it wants beijing to back down we hope that beijing would simply have the confidence to let one country 2 systems work and to let hong kong be hong kong this is simply a question of honoring an agreement that was already made and that worked very well for many years. Weary from months of protests and uncertainty and bester is hoped the new law will at least bring clarity behind saying index close nearly 4 pe
For see even when theres no more delicious the mushroom inches. From the fruit of the root to their final resting place the russians on t w documentary. Protesters in hong kong are scrubbing their social media accounts to Facebook Whatsapp and google say theyll suspend providing user data to all fours hes there in support of the territorys freedom of expression. Also on the show german industry picks back up as the country loosens its lock down europes largest economy still has quite a ways to go. And the spanish region a bottle of c. E. O. Reconsiders the economy. Its largely on tourism. And stephen peers in berlin welcome to the show Facebook Twitter and google have all said they will no longer respond to requests from the Hong Kong Government and Law Enforcement authorities there for information on users of the pause pending further assessment as facebook put it also applies to whatsapp which the company owns the Tech Companies are among the 1st to respond to chinas new security law
A good sense of. The literature invites us to see people in particular that i like to see as the kids. Growing up. My objective is to share work afraid. To be books on youtube. Protesters in hong kong are scrubbing their social media accounts Facebook Whatsapp and google say theyll suspend providing user data to all fours hes there in support of the territorys freedom of expression. Also on the show german industry picks back up as the country loses its lock down europes largest economy still has quite a ways to go. And the spanish region about a lucy a reconsiders an economy based largely on tourism. Im Stephen Beardsley in berlin welcome to the show Facebook Twitter and google have all said they will no longer respond to requests from the Hong Kong Government and Law Enforcement authorities there for information on users of the pause pending further assessment as facebook put it also applies to whats out which the company owns and the Tech Companies are among the 1st to respond to ch
Lets get some deeper knowledge into what is going on with scarlet fu. Scarlett we saw indexes fall to their lows right around the time apple made the announcement. We know there was talk about the increased number of cases across certain parts of the United States. Apple says it will shut down 11 Stores Across florida, north carolina, south carolina, and arizona because of increased cases. That probably dragged down some of the other indexes. Financials are the laggards right now in advance of the feds stress tests. The central bank will consider the virus impact to guide whether banks can pay dividends. Small caps were hoping to lead on the way up, now helping to lead on the downside, although we are making a bit of a comeback. Through the 42 level but could not hold on. One thing i could not keep my eye on of is wirecard, the train wreck of the week. The stock rounded off a twoday 75 plunge in germany. Short covering could be limiting the losses as investors brace for default. Able t
There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this week. Lets see how things are shaping up for asian markets. Monday, fragility well. On view as asian stock futures looking mixed after the regional benchmark cap to the first weekly drop in three. Patch,hitting a rough sinking more than 5 in three days. Signaling concerns around a potential recovery across the globe. Value performing decently in a for the month of we are going to find out if Central Banks will add support with rate decisions do including taiwan and indonesia. In japan, after pa