To pose risks quote given hong kongs position as a major Financial Center and quote certainly not a huge amount of investment by any means in fact when you look at hong kongs Monetary System that 5000000000. 00 is equivalent to 1. 25 percent of the Gross Domestic Product meanwhile dollar deposits in hong kong total almost 900000000000 and the increase between september and october according to the Hong Kong Monetary authority is a kristie lets break this down here because obviously in reality the numbers of investment kind of flowing out of hong kong is not really that high again 5 percent is a teeny tiny considering how massive investment is in hong kong and what this does kind of signal to some issues in terms of political unrest as it does because hong kong has actually entered at their core of technical recession and because of this g. D. P. Actually shrunk by of almost 3 percent and the government country contribute 2 percent of that to the unrest and this is going to be a may. Su
Or education of belief or conscience but is inclusive of. Even a welcome this is r. T. International. The u. S. House has started debating the donald trump in picture in front of the london vote expected later today the president himself as the democratic leadership of pressuring Party Members to vote a certain way and theyve been plenty of sound bites coming from the house floor already. This is a moment that you will read about in your history books he sought to elevate himself as a dictator a king but we are not him arent monarchy we are the United States of america i want my daughter to be able to tell her children grandma did the right thing because in america no one is above the law now one of the democrat witnesses not one was able to establish that the president committed bribery treason or high crimes and misdemeanors tench taken Office Nearly 3 years ago President Trump has consistently and intentionally divided this country when the president withheld military aid to vulnera
Set for the s p 500. Joe there you go. Caroline abigail, what are you watching . Abigail you know, caroline, across asset classes, the technicals for the s p 500 are fairly constructive. It is worth noting we also have a rally for haven bonds. Take a look at this, the 10year yield shedding 11 basis points on the week. This is the biggest rally for bonds going back to the first year of october. Haven bond rally in, and that has influenced dissector blog competition, putting aside the big rally we saw today for health care, the best sectors, on the week, real estate and utilities, those are of course rate sensitive. Dividends look more attractive. On the flipside side of this, take a look at two of the worst sectors or one of the worst sectors of the week, the financials, and the Kbw Bank Index underperforming, taylor. It will be interesting if that continues this week. And seems as though the defensive sectors are actually doing quite well. Taylor well, abigail, we talked about how the
Thursday, the hong kong democracy drama takes a new turn. Backing the protesters. Retaliate,tened to if he did. The yuan also fell. Boris johnsont conservatives will win a healthy victory. A quick shery a quick check of the market. Japanese yen the strengthening. Still at that 109 level. This is after six sessions of weakness. The longest losing streak since 2018. We are seeing some of that Risk Appetite reading with u. S. Features also losing ground. How the kospi trading is down half a percent. The korean won has been weakening against the u. S. Dollar, and we continue to see so we do have the bank of korea policy decision on friday. I have to say that the aussie dollar is under pressure. Keenly stocks are up and rising for a fifth consecutive session. Lets get the first word news with su keenan. Strengthened as a poll suggested the conservative party might win a majority in the next election. Boris johnson is morning that aere could be there is real chance of no overall victory and
That bill in terms of the prodemocracy protesters. The Indian Markets looking like this, future suggesting a flat start for the session. Take a look at what happened,. 5 to the upside, since x likewise. The 10 year yields, one eye on what is going on with gdp. Growth comethat that would be the slowest rate weve seen. 71 rupees, the rupee has been the worst performer amongst andn emerging currencies part of that could be done to the weve had robust inflows of the greenback into the economy. Lets wait for that open but before that lets get to the first word news in new york. Were going to start at the u. K. Were starting strengthened as a poll suggested the conservative party may win a comfortable majority in the months u. K. Election. Hassurvey of 50,000 voters the tories winning 359 seats and the others 211. A top aide to Prime Minister Boris Johnson is warning there is a real chance of no overall victory and things are much tighter than they seem. The latest fed survey of the u. S. Ec