Prices decline. The asx down nearly 1 . We dont have trading in india either because it is mahatma publics birthday, a holiday. Futures are trading on the nifty in singapore down zero point 3 . The 10 year yield slipping back as anticipated. A slight move to the downside with regard to the futures contracts. You see the currencies and weakness creeping in into the dollar overnight. We have seen a reversal of that this morning. You have the yen a tad weaker. Sterling had rebounded to 1. 29. Seenis after we have brexitinduced losses. The aussie dollar unchanged. Haslinda lets get the first word headlines. Top white house aide hope hicks has tested positive for covid19. She traveled with President Trump on air force one to tuesdays debate in cleveland. The president says there is no indication he contracted the virus. Tested positive, National Security advisor robert obrien. He has spent as much time with the president as hicks has. Coronavirus infections continue to surge with the new yo
Economic recovery from covid19. Help developing nations recover from the economic fallout, and the longterm effects of children not attending inperson classes. This is an hour. Nd an alumna. Ceo a i have the pleasure of being your moderator today and joining you from my home country of trinidad and tobago. Before i introduce our speakers, a few words about todays of. Covid19 has overtaken the world. It has affected everything person in some way. And it is fundamentally changing societies, economies, and countries. Today we are here to understand the true impact, which is particularly devastating to developing countries and the most vulnerable communities women, youth, the elderly, and migrants. Most importantly, we are here to find innovative solutions. This the focus of the World Bank Annual meeting, which takes place starting the week of october 12 and convenience Global Leaders from governments, as mrs. , and civil society. Businesses, and civil societies. We will hear from the Worl
Financial leaders on the economic recovery from culinary to help developing nations recover from the pandemic follow and longterm impact of children not attending in person passing. This is one hour. I am ceo, i have the pleasure of being the moderator for today. This is precisely the focus of this Years World Bank annual meeting which will take place starting week of october 12 and convene Global Leaders from governments, business and civil society. To set the stage for the meeting will hear today from World Bank Group president David Malpass, and what it will take to tackle this crisis, and how we can turn this into an opportunity to build a path towards the resilient and includes a recovery. He will be joined in conversation with nils stieglitz, president of Frankfort School finance and management. But first well hear from doctor jens weidman, president of the Deutsche Bundesbank who join guest from his office in frankfort. He is been president of the German Central Bank since may 2
Dollar is mostly higher against some of these currencies. The kiwi and the aussie which were the early outperformers seem to be also moving some ground. The aussie certainly has had a relentless rally. Take a look at what has been driving the sentiment here today. The likes of oil. After six straight weeks of gains, this rally seems to be taking a bit of a pause. You take a look at brent, still hovering around 42, 41. New york crude around 39. 52. We are watching the likes of the u. S. Tenyear. We have surged to a high on the jobs report for friday. We are backing off from the fed when they take the stage later this week. The yield curve is one of the steepest in three years. Expect it to steepen further from here. Chinas trade surplus surged to a record in may as exports fell left and inspected. Helped by an increase in medical related sales per lets get more on this story from selina wang in beijing. What is the context between the trade surplus . The numbers were much better than th
Representatives from the city departments with cases before the board this evening. We have the administrator planning the Planning Commission and joseph duffy, senior building inspector. The Board Meeting guidelines are follows. The boards turnoff and silence electronic devices. Appellants and Department Respondents have 7 minutes to present the case and 3 minutes for rebuttal. People affiliated must include the comments within this period. Members of the public not affiliated with the parties have three minutes each to address the board and no rebuttal. If you have questions about requesting a rehearing, please email the board staff at board of appeals at sfgovtv. This is broadcast live on sfgovtv cable channel 78 and will be rebroadcast on friday. It is available on the website and downloaded from sfgovtv. Org. We will swear in or affirm those who will testify. I will admit two people to the meeting. Please note any member of the public may speak without taking an oath pursuant to r