He shanghai composite up asx 200 picking up where it left off on wednesday. That was shrugging off the dreadful gdp numbers. Looking at the foreign exchanges, dollar weakness is being snapped, the dollar coming back against a popular currency. The bloomberg dollar index is moving higher. Seeing more yuan strength, the yen weakness has been pronounced and the euro is in the crosshairs of where currency traders are. There we go. Joining us now, trade j. P. Morgan Asset Management global strategist marcelo chow. Give us an idea where we are with the rally. It is looking toppy at the moment, but i have been saying that for a while. Good morning and thank you for having me back here. Index has record high been phenomenal so far. I think this reflects and factors expectations for 2021 andto recovery in 2022. As you mentioned, the recovery so far has been quite uneven. The Technology Sector is responsible for a significant share of the rebound. It seemed like there has been some good news val
A covert 1000 patients. Today im pleased to make a truly historic announcement in our battle against the china virus that will save countless lives the f. D. A. Has issued an emergency use. Authorization and thats such a powerful term emergency use authorization for a treatment known as convalescent plasma. This is a. Powerful therapy that trance uses very very strong antibodies from the blood of recovered patients to help treat patients battling a current infection set an incredible rate of success todays action will dramatically expand access to this treatment now this comes one day after President Trump took to twitter and flan the f. D. A. For making it very difficult for Drug Companies to get people in order to test the vaccines and therapeutics of flu Drug Administration chief steven hahn he said this type of plan its been used with Infectious Diseases for years now. So plasma is the liquid portion of the blood that liquid portion contains the Natural Immunity that someone develo
This is the one business show you cant afford to miss unfair montecito going to washington coming up the Trump Administration oks complex and treatment for covert 19 but questions remain about just how effective the therapy actually is and the Parent Company of take top confirmed its doing the u. S. Government ahead of a possible ban its yet another legal battle between the u. S. And china we have a lot to get to so lets get started. Over the weekend President Trump announced the f. D. A. A merge and see approval of convalescent plasma for coping 1000 patients. Today im pleased to make a truly historic announcement in our battle against the china virus that will save countless lives the f. D. A. Has issued an emergency use. Authorization and that such as a powerful term emergency use authorization for a treatment known as convalescent plasma. This is a. Powerful therapy that trance uses very very strong antibodies from the blood of recovered patients to help treat patients battling a c
With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
Thats right. 18 wheels on the road, and nobody in the drivers seat. Dont be surprised to see this on american highways soon. How close are we to a day when these trucks have no driver . Well be operating on the public highways with real cargo, with a real fleet, in 2021. ticking holy moley, look at this. This is it. This is the best. The best. Whoa youve known adam sandler for longer than you remember. 30 years ago, he was hired as a writer, and then cast member, of saturday night live. Operaman bye bye we wanted to know why he left s. N. L. , about all those movies. 1,000 a point. And why he chose this one, a drama. I dont care. It needs to be changed. Do it. But first. Thats called a perfect pass . The sandman wanted to play some pickup hoops. Right on, baby. ticking im lesley stahl. Im bill whitaker. Im anderson cooper. Im sharyn alfonsi. Im jon wertheim. Im scott pelley. Those stories, tonight, on 60 minutes. ticking over. Hey, want to try it . Ok here you go. Over. Under. Hey whoa