Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
The 1st known case of a repeat Coronavirus Infection raising new questions about private 19. Now the Police Shooting of a black man 7 times has brought protesters back out onto the streets of several u. S. Cities crowds have come out in new york minneapolis and the city of commercial wisconsin where that shooting happened on sunday. You can see tear gas was fired to force back the crowds who defied overnight curfew orders in the city demonstrators also set fire to cars and garbage trucks used to block roads the National Guard was brought and earlier in the day after violent protests on sunday 29 year old jacob blake was shot in the back as he leaned into his s. U. V. John hendren reports from. No dont think about the body again and once again a local mayors struggles to answer for the put my shooting of a black mayor all right no matter. How you are wrong. Let me corrupt the shooting captured on mobile phone is difficult to watch jacob blake apparently unarmed walks around his s. U. V.
More Domestic Travel to a little more overseas travel now. Theaad lets get to markets and have a look at what is going on. Nikkei, in with the leading japanese shares, just seeing stocks drifting to the upside. We did see jobless numbers come out. Slightly better than expected, looking for a 3 jobless rate, but 2. 9 . Looking elsewhere, retail sales out of hong kong, looking also at the futures for the u. S. , pretty much flat. Asian equities drifting slightly to the upside. Looking at the shanghai composite, lets look at how the gpi is behaving as well. Just about flat. The shanghai comp, 0. 2 lower. Chinese Economic Activity continued to rebound. Expansion in manufacturing activity, just slowing slightly there. A Rate Decision out of australia later on. Expecting the rba to keep rates. And the singapore market 0. 6 lower. Quick check on the currency is, weve got a fifth straight monthly drop for the dollar. Bloomberg dollar index down by 0. 25 . The yen, a tad weaker. Euro currently
Unemployment claims hit another staggering high in the International Monetary fund warns poor countries will be hit hardest with a cunt on it causing the worst financial crisis since the Great Depression. And god our 1st welcome to the Program German chancellor Angela Merkel says she sees signs for optimism in the countrys fight against coronavirus spot in her latest update a short time ago she want to come in no easing of the lockdown yes despite growing calls to lift at least some restrictions deserted streets in the german capital a common sight in countries facing her and a virus around the well and but according to experts in germany there are strict sions on movement seem to be having a positive effect. The number of new cases there appears to be leveling out but with a long easter weekend looming german chancellor has warned against getting complacent to do if an old snitch we mustnt allow ourselves to be lowered into a false sense of security instead we should be really happy t
State of new york sees its deadliest day yet in the coronavirus pandemic stage Authorities Say their science the outbreak is slow. And get out of his welcome to the program we begin here in germany where chancellor Angela Merkel has just given an update on the countrys fight against coronavirus she says that while there are signs of hope there can be no easing of the lockdown was with easter holidays around the corner and an abundance of sunny weather she acknowledged this would be tough for the country lets listen in to what she had to say. If you do if no snitch we mustnt allow ourselves to be lowered into a false sense of security instead we should be really happy that more stringent measures necessary for me this means that we cannot be reckless now we mustnt allow ourselves to be loaded into this false sense of security and i know that for myself personally you get a little hope then you gain confidence then you become a little more relaxed and then youre in the little careless i