Critics say he failed to deliver on most of his promises. One of chinas biggest conglomerate says it is optimistic despite divisions with the u. S. From the boss involved. Shery we are getting Industrial Production numbers from the month of july in south korea falling. Missing estimates it would only fall by around 2 . We also have the month on month numbers. A gain of 1. 6 . That is missing estimates it would rise more than 2 . This is also a deceleration in gains when it comes to those numbers from the previous month. We do have the outbreak in south korea worsening. Virus pandemice within south korea and overseas. The numbers are not that surprising. Improvingn numbers and the slump easing for the past three months. When it came to the numbers in august, we saw the number starting to deteriorate. We are seeing those Industrial Production numbers missing estimates. Contracting 2. 5 year on year. We do get tomorrow, south koreas Second Quarter final gdp numbers. We will be watching th
Colleges are told to offload holdings of mainland companies. Australia signs a deal to make any covid19 vaccine for all. The government will distribute should it prove successful. More vaccine optimism playing out in australia. Lets look at how we are shaping up in terms of the u. S. Future session. Another renewed push of momentum in u. S. Markets overnight, hitting the record, propelled again by the same names. Also betterthanexpected u. S. Housing data. 2016 helping out sentiment, as well. We have positivity when it comes to the active futures trading at the moment. The nikkei 225 trading in chicago, looking flat at the moment ahead of a trade balance numbers, as well as machinery orders. We do have the topix, best performer in terms of Global Markets so far in this month of august. We are looking at broad weakness when it comes to the u. S. Dollar. The dollar sinking to his lowest levels since may of 2018. Im worried about the u. S. Economy with yet no relief package, stimulus pack
Elections saying its the only way out of the crisis. As Michael Bennett when you know we we cannot face these problems unless we have early elections to elect new politicians and a new parliament we need a new political elite and a new parliament we need to Work Together to overcome this difficult period we know and i know the people have questions about the catastrophe and how the government plans to handle it the catastrophe is way bigger than anyone could imagine the impact my stay forever. In other headlines the number of people have died of covert 1000 in brazil has passed 100000 according to a brazilian media and Media Consortium see only only the 2nd country to reach that tragic milestone after the United States activists of marked the moment with a striking event on rios famous copacabana beach they set out 100 black crosses released and released a 1000 red balloons one for every 100 people who have died president bill scenario has consistently played down the crisis thousands
Pandemic which as large as shield of sri lanka sort of limiting sri lankas coronavirus dates to 11 limiting the spread so thats very much at the top of peoples minds and the way of the efficiency which the current government led by present go to the rajapaksa has managed things. Anger has boiled over on the streets of beirut as residents direct blame for tuesdays deadly port explosion at lebanons leaders 16 employees of beirut sports have been detained protests says took to the streets as french president in Mannion Mccoll visited the capital a con call for an International Investigation into the blast that killed 149 people and he backed calls for a new political order when its made reports from beirut. On the streets of beirut on thursday frances president Emmanuel Mccomas essentially moment by people many of them calling for a turn of french mandate fronts was the clonal hour here before independence and its because micron has essentially stepped into a void left by lebanons own pol
Youre watching Worldwide Exchange on cnbc top of the morning to you in for Brian Sullivan today kicking off this monday morning with stock futures indicating declines. The nasdaq up about 48 points as you can see but the nasdaq composite overall over the last two days has seen some of that positivity posting a 1. 5 gain with the help of blowout quarterly numbers from amazon. Com, facebook as well the latter coming off of a gain of 10 peculiar on friday for the best one day performance since march 13th of 2020 you can see apple shares over the last couple of days in the green. The major averages coming off their fourth straight months of gains. The s p 500 seeing its best july since 2010. You can see here 20 gains for the dow industrials. 26 gains for the s p and the nasdaq up 40 just over that span alone now in yields they continue to hover near historic lows ticking slightly higher to 54 basis points or. 54 ten year note yields around 11 basis points and the 30 yearlong bond on that t