Taliban to kill american soldiers. And koalas under threat of Human Behavior could kill off one of astronomy is best loved animals. Hong kong is marking the 23rd anniversary of the citys return to chinese rule just hours after a sweeping National Security law was imposed chief executive caroline described the passing of the law as the most Important Development since the handover small groups of demonstrators have gathered in the city to denounce the legislation they say to roads hong kongs freedoms and shatters its status as a Major International financial center. Well chinese legislators drafted hong kongs National Security law in secret without any input from the citys legislature and at record speed its details became known only after it was inducted the law will punish loosely defined crimes such as subversion secession and collusion with sentences of up to life imprisonment the law also means that anybody either people in hong kong or foreigners could face prosecution for offense
Peoples republic and communist party rule. We are live from beijing and hong kong. Shery lets get you quick started on how the markets are trading. U. S. Futures gaining one quarter of a percent, this coming off the back of gains we saw on this u. S. Session with the s p 500 gaining. 5 . The s p 500 gaining ground for the Third Quarter in a row, managing to rebound in the month of september after the losses we saw in august. When it comes to todays session, we saw every sector in the green except for financials and energy. We have 10 year yields paring back some of the earlier gains to train around 1. 67 . Wti fell below 55 a barrel. Tech fueling the gains in this session as the Trump Administration partially refuted some of those reports that it may potentially target chinese capital. The nasdaq gained. 8 . We are looking ahead of the asian open with a couple of markets on holiday. Paul that is right. We do have new zealand trading, currently looking kind of flat right now in new zeal
Is fundamental to the government who is concerned about the economic fallout. Im Tom Mackenzie in chatham in square where china is celebrating 70 years of the peoples republic and communist party rule. Paul just want to get you to some breaking news out of south korea. We have Consumer Prices for the month of september. They are coming in weaker than expected. Cpi on year declining by 4 10 of 1 . Readingfollowing a 0 in august, which up until today, was the lowest reading in history. Now we have a new low. A contraction in cpi of 4 10 of 1 . That is the first drop on record. Auth korea is not facing deflation according to the finance ministry, which made comments moments after the release of these figures. We have oil prices weighing on the picture and south korea. The bank of korea has reduced its inflation forecast to 7 10 of 1 from 1. 1 . Well short of the 2 goal. This contraction in cpi two 4 10 of 1 sort of adding fuel to the idea that we might see the bank of korea cut ranks rate
Kicking up in the black now. We do have the s p up. Want to get to some of the other classes. S will will it be a hawkish cut . Rally. S, we could see a we have gold all the way down, a great quarter for gold, but this. Onth down 6. 5 . Gain, just three basis points the stronger dollar not helping at all. Lets get to live pictures out to beijing right now. The military parade supposed to be happening as well as the president s speech. Minutesing to be eight where we could be seeing this military parade and they will be showing off some nice hardware. Our china co. Acre joining us here at the moment. What are you seeing . The event has really gotten underway. Standinge xi jinping beginnings and the of the peoples republic of china. This is it celebration of 70 years of Commons Party control. President xi jinping is andently overseeing marching along. Weve had a multigun salute in the last few seconds. The military parade is firmly in focus. Bombers, a lot of Chinas Nuclear capability ex
Asked a 2nd foreign leader for help to be able to discredit the moon investigation. Political chaos in peru after the president dissolved the opposition controlled congress which retaliate by suspending him from office. The Golden Knights on the track the african athlete seen here via uganda and kenya winning titles at the World Championships in daegu. Now ahead of Chinas National Day Hong Kong Police had warned that it would be a very very dangerous situation because of the increasingly violent protests that have gripped the territory for almost 4 months millions of people have taken to the streets to push against what they see as increasing control coming from beijing in this semi autonomous territories called hide live reports from hong kong. The annual National Day Flag Raising Ceremony in hong kong this year was watched by dignitaries and guests of the government on t. V. For security the 12000. 00 attendees were inside the Hong Kong Convention center for the celebration of the 70