Effect. Is still flat,n and we are watching the korean won, seeing some slight weakness this money. Indonesia is coming on the line at the moment. Chinese stock continues to extend these gains, after the reopening of the holidays. Pointing positive as well. We are spending some Inflation Numbers coming out of india. Where watching the commodities of course. That slide in for the second day. Supply constraints are starting to ease right now. Bolivia and its biggest both owed could be at capacity. And a bit ever treat in iron ore. A bit of a retreat in iron ore. Tom there seems to be potential for the currency to resume gains. Lets discuss now with fred neumann, cohead of Economic Research at hsbc. Let us bring you an update on the nba. The l. A. Acres definitely l. A. Lakers have beat the miami heat. The l. A. Lakers have now won the chairmanship 17 times. This puts them toasted so the caltex. Season one longest record. The nba was effectively frozen out by the controversial tweet back
Power knocked out i reckon sally is downgraded but more destruction may be ahead. And a new world record in athletics swedish pole vaulter monta duplantis has supplanted sergei bookers outdoor record that lasted 26 years. The World Health Organization is sounding the alarm over the rising rate of coronavirus transmissions across europe there have been more than 300000 infections in the past week the w. H. O. Is urging countries not to cut quarantine periods warning vaccine could waste the sacrifices being made and the British Government has admitted Testing Capacity there is unsatisfactorily that in baba reports from london. Newcastle northeast england a major city and now parts of a huge region on the new covered restrictions from friday more than 1500000 residents cant socialize with people outside their household or social bubble and bars and restaurants have to close by 10 in the evening the u. K. Government says it agreed to measures with local councils following a sharp rise in i
They will maintain normal Monetary Policy for as long as possible. President trump plans a Campaign Event in orlando as his doctor says he is not a transmission risk. Australia debates evening travel curbs although the u. S. And europe are not on the list. Shery u. S. Futures are coming after, down about 0. 25 , we saw the biggest weekly increase in u. S. Stocks since july. President trump an offer to democrats. Nasdaqs futures under pressure. We have some deals among chipmakers leading them higher. Take a look at what oil is doing at the moment. We continue to move downward. Still at the 40 per barrel level. The biggest weekly gain since june. Hurricane delta and libya saying that they will start production on their biggest oilfield. We have demand concerns. Not so much since hurricane delta has been losing force. Sophie . Stocks went to a high this monday. After the long weekend, the check on free and trade this morning. We will get an outlook from india. In sydney we are watching th
Will it be a waste of space wales keeps building offices but covert 19 is prompting a push to get more people working from home permanently. Hello china has begun military drills close to taiwan the visit off another top u. S. Official further phrase relations between the superpowers its accusing the u. S. On taiwans ruling party of colluding to stir up trouble and says the exercises are to protect what it sees as its territorial sovereignty there taking place near the Taiwan Strait that lies between china and the islands all taiwanese media are reporting that taiwanese fighter jets were scrambled multiple times on friday morning thats after chinese aircraft were set to have approached taiwans airspace and the u. S. Undersecretary for Economic Affairs Keith Crocker is the most Senior State Department official to land in taiwan in decades and the 2nd visit by a u. S. Official in 2 months be chinese governments condemned the trips and says diplomatic relations between taiwan and the u. S
Seemingly inknockous app as the latest threat to americas security. Speaking of bans, when apple ejected a small email service app a couple of weeks ago, the man behind that app launched a david versus goliath battle with the Silicon Valley behemoth and lived to tell. The co founder and ceo of an email parent base camp is here in a fox business exclusive in why this fight with apple may be far from over. Markets looking to close out their second straight week propelled by a major positive development on the vaccine front. The dow popping back above 26,000. And right now were slightly below it at the moment, but were still up 273 points. The s p up 21. And the nasdaq is heading for its third record close in a row, but the high spirits could change come next week if Second Quarter earnings season gets hit with the ugly stick. A stop economist is here to tell us how a top economist is here to tell us how it is going to play out and you can avoid getting bruised. A massive storm is bearing