That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Operations in new zealand. The hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. Switching off the board to the terminal chart. We are watching to see if the the best sinceng september 2019. We are keeping an eye to see of chinas market value can top 10 million after pushing beyond nine for the First Time
H shares in now and hong kong up by. 5 . Pretty marginal gains here in the last half hour or so with it brings us near the top of the 2015 bubble. On the other of the argument hsbc is cutting china to neutral f this rally. Something to keep in mind as we take a breather here from the exuberance weve seen in chinese stocks. One more thing were watching is the hong kong dollar. Now 15. 7 billion hong kong has been injected into the system there. Solid that pair and the renminbi with a six handle for the First Time Since march. The strength of the renminbi certainly helping the equity markets as well. And gold still holding. Some breaking news from sri lanka, the federal bank cutting its lending rate to 5. 5 . Its a big cut, a 100 basis point cut bigger than expected. Economy expanding at a pace of 3. 8 in 2021. Much bigger than anticipated. Lets dig deeper into the ofkets and bring in ahead forpacific thank you joining us. Lets talk about china. Its going gangbusters in the last seven da
Coronavirus. He announced statewide religious gatherings of up to 10 people with strict social distancing allowed this week. This is about an hour. [inaudible] good morning. Good when you know the difference between morning and afternoon. Its a good way to start the day. To my left, we have budget director robert rithika. That is our financial forecast. All smiles. This is the secretary to the governor to my farright. Right speciale volunteer assignment. Working for her father, very pleasant boston. A little sad today. The boyfriend has left the premises, returned to his home state. Thats ok. Expression, if you love something, let it go. It will return to you. If it doesnt return, it was never meant to be. Words to that effect. Hospitalizations are down. Integrations are down again. The number of new cases is down. Road down. A long bike, slowe, fast decline. Thats what has happened all across the country. Number of deaths, still painfully high. Not down. A little bit. The overall dire
Dr. Howard zuker. Cuomo onediate right, special volunteer assignment for the state. Working for her father. Very pleasant boss. A little said today. Because the boyfriend has left the premises. Returned to his home state. That is ok. The old expression, you love something let it go. And it will return to you. If it does not return, then it was never meant to be. Words to that effect. Numbers are headed in the right direction today. Hospitalizations are down. That change in hospitalizations is down. Are down again. Number of new cases down. Road down. A long decline, fast pike fast spike, slow decline. What has happened across the country. The number of deaths still painfully high. Not down. Up little bit. The overall direction is right but this is a painful, painful, tragic number of lives lost. And they are all in our thoughts and prayers. You look at the entire experience. Stabilizedare basically with where we were before we had this dramatic increase. Things we have learned through
Dr. Howard zuker. Cuomo onediate right, special volunteer assignment for the state. Working for her father. Very pleasant boss. A little said today. Because the boyfriend has left the premises. Returned to his home state. That is ok. The old expression, you love something let it go. And it will return to you. If it does not return, then it was never meant to be. Words to that effect. Numbers are headed in the right direction today. Hospitalizations are down. That change in hospitalizations is down. Are down again. Number of new cases down. Road down. A long decline, fast pike fast spike, slow decline. What has happened across the country. The number of deaths still painfully high. Not down. Up little bit. The overall direction is right but this is a painful, painful, tragic number of lives lost. And they are all in our thoughts and prayers. You look at the entire experience. Stabilizedare basically with where we were before we had this dramatic increase. Things we have learned through