Arizona, and hospital cases in california all marking new highs. Plus top advisers to President Trump are set to urge the u. S. To undermine the hong kong dollar peg to punish china for its crackdown in the city. Ons get a quick check up how markets are set up for the open. Here is Sophie Kamaruddin in hong kong. Sophie in asia this wednesday, we are seeing a mixed start to the session with focus on china and if mainland stocks can keep up that rally we have seen for six days. Futuresd 14 so we have in the green for the most part. Hang seng futures settling higher after the rally did stall in hong kong on tuesday. Switching out the board, checking in on the hong kong dollar, which continues to have the 7. 75 mine as they continue to defend the peg, we are seeing little reaction in the curb. Jumping into the terminal for a big picture book, low 200 pips after the spike we saw in may but staying elevated on economic and political uncertainties. Tracking any reaction to a bloomberg report
Contracting by 5 this year and within the s p headlines like those punishing reopening trades, punishing pretty much everything as you can see behind me particularly the likes of norwegian cruises, winn resorts, banks, airlines sliding significantly. Some of those names down as much as 10 sara. Weve got a huge lineup of guests to help make sense of this selloff today for you air yell investments john rogers saw a onceinalifetime buying opportunity. His take and where we stand now. Plus well discuss the new tristate travel order what it means for the entire leisure landscape for ceo of booking holdings, a perfect day to get thoughts on what travel will look like well speak to the ceo of slack about working and new product today. Full Team Coverage of this pullback and final hour of trade. Mike santoli tracking Market Action the most concerning covid outbreaks with the new numbers and Brian Sullivan watching the drop for energy sector, the worst performer. First lets get to josh lipton w
Learn from one another and Work Together for a Better Future for. Many cars do you all for tuning in come now for go. On t w. Is the 2nd wave already crashing in fresh outbreaks of the coronavirus in china and the us have markets on edge we go to new york for more. The u. S. China trade dispute is alive and kicking it started exactly 2 years ago we talked to the w t o to find out if theres a winner yet. And European Countries are lifting their cross border lockdowns on monday germany lifted its travel ban on the e. U. Countries but will it be enough to save the banks which tourists act as Summer Travel season. Welcome to do that the business i want to get jones and berlin good to have you with us fears of a 2nd wave of covert 19 infections rocked World Markets today china reintroduced restrictions in some areas and undertook a massive test and Trace Initiative following a covert 1000 outbreak linked to a wholesale food market in beijing and use added to an ease about higher corona viru
A massive test and Trace Initiative following a covert 1000 outbreak linked to a wholesale food market in beijing and used added to an isa about higher coronavirus cases in the us the governor of new york warning citizens about the dangers of losing sight of the virus. And fighting the coronavirus pandemic isnt the only problem for the Global Economy as also the u. S. China trade war it started exactly 2 years ago and its still ongoing. But there was surprise of the it may sometimes seem like it but the u. S. China trade war its not the one. Sitting opposite donald trump theres another president brimming with selfconfidence whos determined to make china the worlds economic powerhouse by 2025 but the usa remains in xi jinping is way. The power struggle is sending shock waves around the world with Global Companies caught between the 2 battling giants is what c. E. O. Of Germanys Siemens joe kayser recently told t w so the United States is the number 2 everybodys sort of those well china
Interest among reasonable people. Just as. In the conspiracy theories can provide comfort you dont like the reality you create another. Film about knowledge and belief trust and deception democracy of the gobi storage july 1st on g. W. There. Is the 2nd wave already crashing in fresh outbreaks of the corona virus in china and the us have markets on edge we go to new york for more. The us china trade dispute is alive and kicking it started exactly 2 years ago we talked to the w t o to find out if theres a winner yet. And European Countries are lifting their cross border lockdowns on monday germany lifted its travel ban on the e. U. Countries but will it be enough to save the passage tourists act as a Summer Travel season. Welcome to do the business i want to jones and berlin good to have you with us fears of a 2nd wave of covert 19 infections rocked the worlds markets today china reintroduced restrictions on some areas and undertook a massive test and Trace Initiative following a covert