First wave of the coronavirus pandemic. Austria is doing well as well. Are seeing the dollar at levels that we have not seen for Something Like two years. The falls in the dollar taking place overnight. Yenre seeing the japanese clamber up as well, reaching the 104 level. 103 yen. Terry gou. That is the current position. Kong is declining just a fraction at the moment. That is where we are without one. That is where markets are standing. Haslinda. Lets get back to our top story. President trump has attacked the credibility of the election, challenging counts and nevada, pennsylvania, georgia, and michigan. Speaking at the white house, the president made several claims and said that the election is being stolen from him. We will not allow the corruption to still this election or any election in that matter. We cannot allow anyone to silence our voters. Haslinda joe biden is urging patience and saying that he is no doubt heading to victory, in an election that hinges on seven states. Mr.
Well. We are watching what is going on with individual indices. Hong kong coming back and a big way after that long holiday. Hang seng up more than 300 points. The nikkei 225 up more than 1. 3 . At this point, seeing positive signs of drug and his recovery, although there has been mixed messages about what treatment he is getting, the timeline of his diagnosis as well. We are looking at risk aversion trade that we saw on friday,. Hich were gaining not doing a whole lot here this morning. Moving on 70 basis points. Seeing the reversal from friday, ozzie gaining and the yen, which additionally i despite, it it kit. 1900 after that 4 brent crude just below 40 a barrel. Watching fx, watching the dollar, pretty steady this morning as well. The pound seems to be holding onto the gains as well, brexit set for a showdown at the eu summit. Aussie and your revenue be holding on the firstlets get world headlines. Republican leader Mitch Mcconnell says the fasttrack schedule of the Supreme Court t
Bad session like we saw in the u. S. , snapping out of gains. New york futures are slightly higher. The dollar is stronger. We saw quite a bit of steepening in the Treasury Curve. Youre seeing the threeyear at around 24 basis points. We did see the spike in yields, slightly off that now in the Asian Session after the treasury unexpectedly announced that refounding announcement. Boosting that issuance on the long end of the 10 year and 20 year with the auction so markets are bracing for that surge in supplies. Were also watching currencies, remedy still very much in focus here today. The message the last couple of days has been calm down, we have slightly stronger fixings here. Were seeing the renminbi slightly down. We are continuing the rally of brent crude, slightly higher by half of one percent, just below 30 bucks for brent. Looking ahead to the data now. China set to rae release trade figures later today. Exports likely dropped 11 from a year earlier compared with a 6 decline in m
The left column, a lot of those names in the green. Banking names as well. The rest of the region still seeing a lot of pressure. The split is tilted towards more downside. In terms of the sector groups as well, the similar to what we have seen. Youre getting a lot of upside in names like resources, banks, financials are seeing pressure overall. Down for a sixth straight session. 25 from the peak a couple of eci weeks ago. Yvonne back from the slopes. And back in hong kong. Steve, we have been talking about that pivot from President Trump. Painting a dire outlook on this outbreak in the u. S. Why . Wasell, i hope that he looking at the data and also seeing what other, even local news abilities are doing in the United States, cites and states aswell cities and well those in europe and they are taking this very seriously. And donald trump says it is bad. He repeated that. Its bad, its bad. He said this could last until august or even later. Hes calling it an invisible lining. Yo enemy. Y
Stronger then expected. It is year on year for the month of december. In terms of fixed Asset Investment, we are looking. Investment for december. Context stabilizing. Of the early indicators are looking robust. Of course, some of at the localimulus government level, supporting fixed Asset Investment. We are looking at the bottom of this slow down. Lets send it to our next guest. Next guest. Theuse i would say that december number was picking up further. Especially with the help of more , i would say that we are turning more bullish. It is the secondbiggest in terms of growth over the last two years or so. Can you elaborate . We have seen that ip demand picking up. More demand coming out from southern china. Been drier than usual. People are waiting to frontload some of the orders, particularly early this year. You probably need to get most things done in the fourth quarter. Into the first quarter, we saw demand and names holding up pretty well yvonne . Retail sales have held around 10