Also on the program 14000000 thats how many confirmed coronavirus cases they have now playing world wide and many European Countries are bringing back tough restrictions to counter a 2nd play well hear what italy is doing sure they. Cost thousands of prodemocracy protesters in thailand push on with their demands for changes to the government and monarchy the mostly young crowd say theyre not deterred by a ban on katherines imposed final torricellis well get an update from bangkok. And in the bundesliga shall get their 1st point on the ses and on the board but theyre still with it without a win in 20 linked cabs. Im rebecca riches welcome to the program theyve been clashes between armenia and as a vision despite a humanitarian safe fire a grave there on saturday in the disputed region of nagornokarabakh both sides accusing each other of violating the. Just hours after it came into force it was the 2nd attempted armistice in a wake hundreds have died and thousands have been displaced the
The countrys reserve bank kept Interest Rates unchanged at 4 percent the a. S. X. In australia also for the week blue chips and tech stocks led those gains almost all for soared 12. 2 percent after acquiring u. K. Platform breathed for 32000000. 00. In south africa the all shares also in the green on wednesday the central bank reiterated it would keep rates steady at least in the near term Consumer Staples and gold miners also lead those gains lets head over to europe in the americas starting in london where the footsie is up for the week well and gas prices hope those gains the index saw some losses though on friday data out of the u. K. Showed that g. D. P. In august grew 2 point one percent which was less than expected the german dax also in the green now german exports rose for the 4th consecutive month by 2. 4 percent in august after a 4. 7 percent rise in july french also in the green closely monitoring about u. S. Stimulus in brazil the evo best buy also seeing another green arr
If. This is boom bust the one business show you care its afford to miss branch of war in washington coming up markets in the United States and around the world continue to slump as a global coven 1000 cases are surging straight ahead as we bring you up to speed on the scary week for equities and where we stand with global cases and this homes as the eurozone has reported a bump in Economic Activity but the spike in cases could threaten that growth later on we dig into the numbers and what toll new lock downs could have with a packed show today so lets dive right in. We believe the program with Global Markets is concerned over the latest wave of covert 19 related lock downs in europe and the upcoming president ial election in the United States are creating an uptick in volatility this week selloff was one of the worst since march when coronavirus figures set in throughout the globe so lets go ahead and take a look and see where markets ended up on the week starting in russia mo x. Is do
Small businesses. The airlines in dire situation. United and american saying they have to cut jobs, tens of thousands of them, as borders remain pretty much locked down. Yvonne you are seeing the president trying to do at least some damage control after he talked to negotiators to pull out of talks for a stimulus. Perhaps we are seeing some targeted measures. You have seen the market impact. The nasdaq and futures reversing the losses we were gaining. U. S. Futures are up. We will see if this bodes well for the rest of asia. If you look at the rest of the asia region, it looks like risk assets are looking less entire than the wall street session. We are seeing a bid for aussie against the japanese currency. When it comes to u. S. 10 year yield, we are holding steady, but the move up in yields on the announcement from trump. Stocks have been lower. Jakarta life coming back online. We are heading lower in jakarta. Hangseng up about 163 points. A touch higher for some markets. The rbi is
In the 3rd quarter and the blue chips c. S. I. 300. 00 index and did 1. 6 percent lower in hong kong the hung it is also in the red this week reaching its lowest level since october 20th following u. S. Equities now one positive h. S. B. C. Shares soared nearly 5 percent earlier this week as it reported a higher than expected 3rd quarter pretax profit in japan the nikkei its also in the red posting its biggest weekly loss in 3 months mixed earnings rising coronavirus cases and uncertainty over the u. S. President ial election weighed heavily on sentiment moving to india the sensex its also down this week the index was dragged by losses in banks fast moving consumer goods and autos amid the selloff in Global Markets the nifty was also lower due to falling bank and financial stocks in australia its following similar trends in the red with its worst week since april wiping out those early october gay. On the other hand am shares soared nearly 20 percent after the firm announced friday it