Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
Welcome to the program. Global air travel is looking for a way out of the devastation the pandemic has been causing the International Air transport association. I. X. Have believes its possible to save the industry from ruin by reopening safety as soon as possible. And it seems to be high time. The industry body expects losses to belong to 84000000000. 00 in this year alone. The unprecedented drop is due to demand in the industry tanking by well over 60 percent. Now today i asked is holding its annual meeting where measures to remove travel restrictions will be high on the agenda. And a move towards what could become common across the industry. Australia. Squanto has announced that International Travelers wanting to fly with the carrier will need to be vaccinated against cove. At 19, earlier i spoke to director general and c. E. O. And xander vision yack and asked him what ideas the industry body had to move forward. You know what we are a commending because of that scene is not there
Against a u. S. Company in decades. Google says the government case is deeply flawed. Late tradenges in after missing on subscribers last quarter. Its outlook for the current period is below expectations and investors are not happy. Haidi we are just getting a little bit more of an update on these ongoing stimulus discussions in washington, d. C. Nancy pelosi saying she is optimistic a deal can be done before the election and that she is calling on Committee Chairs to resolve some of the differences when it comes to funding levels and language so they can get back to negotiations between her and secretary mnuchin as soon as possible, crucially saying she remains hopeful an agreement will be safer, bigger, and better, and will be retroactive as well. We are seeing that reaction when it comes to the futures markets. Lets look at the asian trading day. Sophie kamaruddin is here with us in hong kong. Seeing s pare eminis gain ground and a muted start in asia with the asx 200 coming online
Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u. S. Economy with a fed governor ating there is uncertainty head. She told the Brookings Institution that america will be to depend on the fed and policymakers in d. C. As the economy continues to recover from the coronavirus pandemic. She says Monetary Policy must pivot from stabilization to accommodation. Treasury secretary seems to agree with the fed governor, saying the u. S. Economy urgently n
19 special next on d w. And they will not succeed in dividing us sal not succeed in taking the people off the streets because were tired of this dictatorship. Taking the stand global news that matters. Made for mines. Some 200000 seafarers a stuck on ships because of the covert 9000 pandemic according to the International Transport Workers Federation theyre not allowed to leave their vessels because of International Travel restrictions and its hard for replacement crews to come and relieve them. Thousands of sailors dont have access to health professional. Experts are warning the situation could become life threatening for many heart attacks and suicide have already been reported aboard some ships. Welcome to you covered nothing special and news i want to jones good to have you with us now the movement of goods around the world depends on them but now there are unable to move themselves on todays show were talking about what it means for seafarer us to be stranded aboard because of pan