Traditional currencies are facing fluctuation amid the pandemic how is fin tech sharing we take an expert look at the state of Digital Currencies and how big this standing wave attack showed today so lets dive right in. And thousands of demonstrators took to the streets of hong kong on sunday to protest chinas newly proposed National Security legislation for the City Local Police reported at least 180. 00 arrest mostly due to Unlawful Assembly and Disorderly Conduct in a public place as protesters wind the streets of a popular shopping district in the city now the National Security law in question would ban succession and subversive activity as well as taking on foreign interference and terrorism in the special Administrative Region on monday the chairman of the Standing Committee of Chinas National Peoples Congress said the legislator is committed to passing the law. Should. Remain committed to upholding the law based governance in hong kong and the. Constitution in order to. Special
We are also watching currency, the dollar has been the big story this week. The euro as well as its counterpart. We are taking a pause from the rally after the ecb, but if we see a gain today, that would take that streak for the longest in 16 years of nine days straight. So far it is flat. Flirting withlar . 70 for the first time this year. The dollar weakening across the board with the exception of the yen. Dollaryen, and offshore hovering. We are watching the bond markets as well. The mliv question is, the yields we are seeing, will they disrupt the equity rally . The u. S. 10 year after the u. S. Jobless numbers that fell again, treasuries ing the worst brent slipping after they did extend cuts after a breakthrough with iraq. Tom the European Central bank did put its money where its mouth is, announcing a bigger than expected increase in emergency bond buying, responding to what it calls the unprecedented contraction in the euro area economy. Kathleen hays has the story. What is dri
Trading session in the u. S. Overnight. Hang seng will be the focus, down 121 point. Another choppy session after quite a comeback yesterday. Jakarta is muted right now. News they will be easing lockdowns in the capital despite the rising cases. Sydney leading the losses, down 1. 2 . Three in a row that have been strong, perhaps the pboc sending a message they will not use currency as a weapon. Onshore strengthened the most. Dollaryen, you are seeing that haven trade come back. As you said, the main market event over the next 24 hours is this presser by President Trump, he will announce u. S. Policy on china curbingijing passed freedoms in hong kong. His top advisers said china will be held accountable by the of ministration. Is it Wishful Thinking in the u. S. Administration to think maybe they can change chinas behavior and plans for hong kong . I think nothing is impossible, but this does seem extremely unlikely. If you look at all the actions beijing has taken, it is clear there ha
Traditional currencies are facing fluctuation amid the pandemic how is fin tech bearing we take an expert look at the state of Digital Currencies and how big this standing wave attack showed today so lets dive right in. And thousands of demonstrators took to the streets of hong kong on sunday to protest chinas newly proposed National Security legislation for the City Local Police reported at least 180. 00 arrest mostly due to Unlawful Assembly and Disorderly Conduct in a public place as protesters wind the streets of a popular shopping district in the city now the National Security law in question would ban succession and subversive activity as well as taking on foreign interference and terrorism in the special Administrative Region on monday the chairman of the Standing Committee of Chinas National Peoples Congress said the legislator is committed to passing the law. Gen should. Remain committed to upholding the law based governance in hong kong and the. Constitution into special Admi
Fair and we take an expert look at the state of Digital Currencies and how big clean is standing with a packed show today so lets dive right in. And thousands of demonstrators took to the streets of hong kong on sunday to protest chinas newly proposed National Security legislation for the City Local Police reported at least 180. 00 arrest mostly due to Unlawful Assembly and Disorderly Conduct in a public place as protesters wind the streets of a popular shopping district in the city now the National Security law in question would ban succession and subversive activity as well as taking on foreign interference and terrorism in the special Administrative Region on monday the chairman of the Standing Committee of Chinas National Peoples Congress said the legislator is committed to passing the law. Remain committed to upholding the law based governance in hong kong and making our. Constitution into special Administrative Region as stipulated. By johnny sic last week fine the system for int