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
Rally yesterday dow futures are now down. Nasdaq futures lower by 64. Nasdaq up 190. Now this, former Vice President joe biden and the ukraine scandal back in the spotlight, an investigation Just Launched overseas after phone conversations between biden and then ukraine president are released. Meanwhile u. S. Senate taking a major senate in probe of Hunter Bidens role of Barisma Holdings and tesla tapping the brakes in battle with california, dropping the lawsuit after plant is allowed to open. Mornings with maria begins right now. And Global Markets this morning red cross the board, take a look at european indices as u. S. China tensions rise, the cac quarante is down 48 and dax index in germany lower by 174, there are sign that is the european economy is slowly coming back. The euro zone purchasing manager index coming above expectations this morning. In asia overnight, markets mostly lower. Take at the numbers in asia, worst performer half percent lower shanghai composite in china.
I know youre not a mother, liz, but yo inland es un w 50s in p. Temras, while to pull back. Once it does we will reveal a lot of sunshine. Numbers are warmer than yes or no yesterday with the blanket of cloud cover from 5 to 11 degrees warmer an looking at the low clouds and fog pulling back to the coast, well reveal mostly sunny skies. Notice through the 8 00 hour were going to call it partly cloudy, and then back towards the 10 00, 11 00 hour still looking at a few clouds but sunshine on the way. Highs around 80 today. Now to the packed cabin contro ting the corusn new york cityos been a warm welcome for their service was a fully packed dabbin with no social distancing, every seat taken. As abc 7 News Reporter luz pena tells us the crowded flight was precisely the concern that several doctors had prior to boarding please maintain a distance of at least six feet. Reporter this is the constant announcement that fills the halls at sfo. Or about two meters from the people around you. Rep
New scenes from a packed United Airlines flight raising extreme health fears for heroic ucsf returning to San Francisco after helping fight the pandemic on the front line. This morning the group is back home from new york city, now telling their stories, saying their return flight was one of thinking biggest fears. Well get to that in a second but happy mothers day to you. Lets start with a peek of our mothers day forecast. Happy mothers day, lisa argen. Happy mothers day to you, liz. We want to show you whats on the way, but today we keep. W highs in 60s near oakland. Mild day. Already in the low 60s with the sun shining in concord. 70 on the bay and chilly at the coast. We will track those showers coming up. Liz . Sounds good. Thanks, lisa. Now to packed cabin controversy this morning. Is new york city doctors fresh off fighting the coronavirus at the new york City Hospitals on a return flight home that should have been a warm welcome was a fully packed cabin, as you can see. No soci