Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan
Outperforming small stocks, underperforming tech stocks. We are negative on the bond market yields. Brent crude is up. Pfizer concluding they have covid19 vaccine candidate. If you heard the interview, you have the stats. Whats your take on the viability of the vaccine . This looks very exciting. I believe we will get an emergency use authorization than i hope we can start vaccinating sometime in december. Health care workers will likely go first. Moredown the road, people seriously affected like those 65 and older then months later, the general population. The modernact vaccine will be soon. We need all the help we can get. In terms of the effect that im going to get if i take the vaccine, is this something i will have to do on an annual basis or twice per year . What kind of response is my body going to generate that will protect me in the long term . Guest thats a longterm question. Get the vaccine into people first then we can follow them closely to determine whether we have to be
Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the restore our vitality, or relish lifes most precious moments, hugging grandchildren, children, birthdays, weddings, graduations, all the moments that matter most to u
The top of joe bidens agenda. His relations with beijing may differ in tone from the president but perhaps not in substance. The best the dollar extends its decline. Over the future of the u. S. Administration. Rise inie and the kiwi early asia trading. We are seeing those commodities and currencies benefit. Asia is waking up and getting the for the first reaction to president elect joe biden. The nikkei 225 to the upside by 0. 3 . These watching some of clean energy as well as infrastructure related stocks here in australia and new zealand. Joe biden preparing to take office as the 46 president of the United States. He is moving forward as president elect launching his transition ever and preparing a plan to tackle the coronavirus however, President Trump still refusing to concede while weighing more legal challenges. Mr. Biden the people of this nation have spoken. They are delivered as a clear and convincing victory. We the people. I pledge to be a president who seeks not to divide
Sparked by a regulatory crackdown. Tencent earnings are out later today. Kongs of hong prodemocracy lawmakers resign as beijing tightens control. Carrie lam supports banning those not deemed sufficiently patriotic. Lets look at how things are shaping up when it comes to the start of the session. It continues to get some of that rebounding onring concerns might want to stick to. Rade could berecovery somewhat stop start. It did not move on rates and did at stimulus and effectively pushed back expectation for the timing of relative rates aired the kiwi market not pricing that in all of 2021. The nikkeis little bit negative but the top x are wiping out all of its losses for the ear and looking like that momentum could be sustained. Take a look at futures up about s p hittingsaw the the 10 week i. High. Prodemocracy lawmakers in hong kong are set to resign en masse after beijing passed a to ban politicians not sufficiently stock. I would not say that for members remaining in a Legislative