Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to
Since 2016, what Public Policy issues are motivating voters this week and take a look at Political Trends that can give us clues. And we go live now to hear about u. S. Relations with china from assistant secretary of state for east asianing and pacific affairs, david stilwell. The events hosted by the Hoover Institution. Pacific affairs, david r. Stilwell, who is joining us from tokyo today and will address the theme of todays session, covert, coercive and corrupt, counterrerring Chinese Party malign influence in free societies. Following his address, he will engage in a conversation with two leading china scholars, orville shell and arianna movstro. But first, its my pleasure to introduce condoleezza rice. Im delighted to open this session of our project at hoover on chinese sharp power. And i especially want to welcome assistant secretary of state for east asian affairs, david stilwell. This project, i think, is one of the most important that were engaged in because we face an extra
Nix says the material could have an adverse effect. Government would like state leaders to do more. Check in on how markets are trading. U. S. Futures are coming online 0. 5 higher. We were bracing for some more turmoil this week after President Trump was hospitalized late friday. We havent had such big or huge losses. The president was headed to Walter Reed Hospital for treatment. Down a seeing it come little bit. 0. 3 . Gaining this after it dropped to its lowest level since june based not only on the uncertainty of the president s covid19 diagnosis but oil supply concerns. The dollar was sort of steady in this in the close. Fact that thehe u. S. Jobs report is pouring cold water on the outlook continuing the u. S. Economy adding fewer jobs than forecast in september. Are releasing this tension in the markets where you aresee how reluctant bulsls to give up their positions. This is where the nikkei 225 chicago futures are. Up just about 0. 5 at the moment. Across asia we are looking
Changing condition. Futures point higher in sydney and tokyo. The yen holding back. Almost everybody is softbank thinks the group taking a Group Private is a bad idea. We will look about the chances of such moves actually happening. Lets take a look at how we are kicking off trading in sydney. It is a public holiday. But we do still have the cash 4 in thep about 0. First two minutes. This comes on a busy week for australian traders. The budget where we are expecting to see assumptions made about a vaccine becoming available and we are also getting a report that is trillion is set to further lift that that australia is such a for the lift that debt ceiling with 4 billion u. S. Dollars with the debt ceiling being lifted higher to 1. 1 trillion. Looking at the aussie dollar ahead of the all be a. We are expecting no change. Markets are significantly pricing and now another rate cut. Before the end of the year. Dollar trading at 71. 67. In new zealand, two weeks out from the election. Kiwi
The Senate Foreign Relations Committee will come to order. Welcome everyone, good morning. We will have senators participating both live and virtually. Since it is difficul the Senate Foreign Relations Committee will come to order. We will have senators participating live then virtually as a result of that its difficult to determine to go in ty, seniority and we both come three witnesses the assistant secretary of state and the bureau official for the European Eurasian Affairs and Principal Deputy assistant for western hemisphere fears. We appreciate you being here. We will be talking about china obviously that presents us with manyy challenges and opportunities. There has been a lot of legislation introduced and there is a bill we introduced earlier this year to bring together as many as possible so the minority introduced ase bill senator schumer is the lead sponsor but this is not a partisan issue that is an American Issue. When i put the bill togetheren originally come i did so to