More Domestic Travel to a little more overseas travel now. Theaad lets get to markets and have a look at what is going on. Nikkei, in with the leading japanese shares, just seeing stocks drifting to the upside. We did see jobless numbers come out. Slightly better than expected, looking for a 3 jobless rate, but 2. 9 . Looking elsewhere, retail sales out of hong kong, looking also at the futures for the u. S. , pretty much flat. Asian equities drifting slightly to the upside. Looking at the shanghai composite, lets look at how the gpi is behaving as well. Just about flat. The shanghai comp, 0. 2 lower. Chinese Economic Activity continued to rebound. Expansion in manufacturing activity, just slowing slightly there. A Rate Decision out of australia later on. Expecting the rba to keep rates. And the singapore market 0. 6 lower. Quick check on the currency is, weve got a fifth straight monthly drop for the dollar. Bloomberg dollar index down by 0. 25 . The yen, a tad weaker. Euro currently
Pretending to be max keiser and sending d. M. s to people if max keiser d. M. s you its not max kaiser said its a and posture but there are people imitating max as well in the main stream Financial Press and that is c. N. N. B c looking at the data out this week about the cantillon effect essentially what weve been talking about here in report for quite a long time but a lot of data is out about the wealth and income gap and the inequality that has happened since the financial this latest financial crisis the pandemic induced crisis and they actually kind of suggest something akin to Interest Rate apartheid as part of that a tale of 2 recessions some americans thrive as others suffer the recessions financial pain is concentrated among certain groups like minorities lower honors and women others especially white men high earners and those with higher levels of education have been insulated the disparity even extends to those lucky enough to still have jobs which is unique during downtur
Us. Good morning. Clotting has the morning off, happy fourth of july to everybody watching us at home. Rosemary is joining us with the Holiday Weekend forecast. Fox 2. Good morning. Up to it beautiful start, we have sunshine in most areas around the bay and inland, a little bit of patchy fog and the coastline. Temperatures for today are going to be warming up. We are talking about mid 60s to upper 70s for the coastline. Mid 70s to mid80s for bayside committees and the inland cities, some the hotter spots into the 90s. A good 510 degrees warmer been yesterday, the details on your fourth of july holiday and your extended forecast coming up. Traditional Independence Day celebration change this year because of coronavirus of course, more than a quarter Million People tested positive so far in california, 6300 people have died. The governor is sending so called strike teams to stop any large gatherings and violate Health Orders such as bars opening a. 21 counties on the state watchlist incl
Printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here heres 100 euros here is 100 euros q hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats the headline from bloomberg they think perhaps well we looked at a bounce you perhaps there might not be any money there. Yes whats up lucky. Crap to very mean a close up my perch where through one find a stripe lucky bankruptcy is the new initial