Services. Westpacs full year profits plunge after fines for Money Laundering. Cash earnings falls. One of those stocks where watching going into the sydney open. Lets look at the market open. Sophie . Expecting some moves this monday. The biggest weekly drop since september 25 as investors adjust the some of the risk ahead. We did have the worst week for aussie stocks since april. Adding 0. 1 . We have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approach of every management values the company at 4. 5 billion. Westpac has results out this morning. Later this week we get results upm alibaba which ticked single day sales early on sunday. The ipo is a big event we are watching this week. We are expecting a big pop here on thursday given the massive appetite we have seen for the offering. Friday had the biggest drop since june. Of a private survey of chinese manufacturing data. To focus more on the u. N. , lets pull up on the chart on the terminal
They are suspending trading in hong kong. We dont know the reason for that but we will bring you the reasons when we get it. Backdrop, the hang seng up by half of 1 . The authority spending a lot of money to defend the dollar peg. That is something on peoples. Inds as people make a rush 0. 5 toi composite, about the downside. Of what istrends going on as far as Market Action in this part of the world. Lets look at some of the first word news. President trump seems to have abandoned any hope of a virus package before the election next hek, telling supporters that sees a deal coming after the votes. Package covid19 continues to soar in the u. S. In newlizations jumped , ando, 50 in wyoming elsewhere in connecticut. France is planning a nationwide lockdown bid one in four airports in europe are collapsed as the virus europe face collapse as the virus stifles travel. Kar inion people in kash were said toince have undergone checks over the weekend. Authorities found five confirmed asymptoma
The number of trials. 75 years ago high ranking officers of the nazi regime were indicted by the allied forces. They were the 1st war criminals to be held accountable for their crimes. Our 2 part series. In the dark starts nov 12th on d w. Community has been on everyones lips since the pandemic began now its more pressing than ever as infections are rapidly rising pots. Depends on antibodies proteins in the bloodstream that fight pathogens and viruses. Production depends on the severity of an infection. But immunity from coated may only last a short period the elderly show is significantly faster reduction in antibodies than the young. Theres also evidence that some people dont develop immunity at all. To waiting for the science to see how long of unity lasts in the meantime some places in the world view it as a Health Passport for tourists on the law and in south america will only let you win if you can prove youve already had the coronavirus. My trips to brazils island paradise of fa
Joe bidens plans might not be that helpful for the market no matter what moodys says. We raised a issue about moodys. Theyre saying it would be stimulative to the recovery. Moodys is a Municipal Bond rating firm. Under democrats generally a very a buoyant. News out of new york, Governor Cuomo says movie nighters outside of new york can open at 25 capacity. Here is the trouble. Those in the city dont think about it. One in Staten Island, owner of that theater does everything and anything he can to protect those that to go to his theater. Looks like he cant. For wait some time. Is that fair or balanced . We pick apart the theaters. You decide. Were keeping a very, very close eye on the real life movie playing out over stimulus. Right now growing confusion over nancy pelosi socalled 48hour deadline to come up with something from the white house, presumably. Republicans more generally to respond to her sort of bottom line deadline, get it done by tuesday or it is after the election. Lets g
The dog starts nov 12th on d w. I subscribe to do you know where your books are something more in the world we may be captured for. Me books are known to. The new gets the green light for sanctions against the us ruling by the World Trade Organization was expected next up however is unclear brussels pull the trigger or seek a settlement with us in a long running dispute. I also want to show that i enough sees a light at the end of the tunnel predicting the economic damage from the crowbars pandemic will be less severe than expected. And germany will abandon coal as a power source by 2038 poor. What will take its place. Slovakia show him so you can see in berlin its good to have you with us the World Trade Organization has cleared the way for the e. U. To slap tariffs on 4000000000. 00 of u. S. Goods citing washington subsidies for plane maker boeing thats the latest ruling in a long running dispute between the 2 sides comes one year after the trade body permitted the u. S. To impose 75