To covering live house coverage here on cspan as they gavel in eight bills today, including antilynching legislation. The speakr pro tempore the house will be in order. He prayer will be offere by our chaplain, father conroy. Chaplain onroy let us pray. Dear lord, we give you thanks foriving us another day. Use thismoment to be e reminded of your presence c1 tap the resoces needed by the members of this peos house to do their work as w as it upon those torn nation and upon the members of this assembly who struggle to see the shared hope for a Better Future in those withwhom they disagree. Fo many americans, the holy season of lent begins tomorrow d foreheads are marked this as men andwomen and as a reminder of your power to thrugh our failures all this day and through the week, may our representatives do teir best to find solutions to pressing issues facig our nation. Please hasten the day when justice and love shall dwell in the hearts of all peoples and rule the affairs of the nation
Low for might as well, but the pboc not adding actual liquidity saying things are reasonably apple when it comes to liquidity conditions at the moment. I suppose the big question is will any of this be transmitted given that we know so many still out of the economy, essentially either stuck at home or factories still still, supply chain massively dislocated. Sarah we have seen markets across the asiapacific region turning higher. We continue to see resiliency, at least on the mainland and in hong kong. The hong kong hang seng up about. 5 , and in japan, we have seen markets turn higher as well, holding onto those gains, up about. 6 . The one that is moving to the downside bucking the trend is the south korean cosby after the country did report about 10 new coronavirus cases. You see it falling to a twoweek low, down about. 25 at the moment. Lets take a look at some other risks in the currency and commodities space. We did see copper moving higher for an eighth day and 11. Gold, though,
The latest. Dani definitely a mixed session. The stoxx 600 down. It is a macro heavy trading day between the u. K. Election, Central Bank Decisions and that the tariff deadline, we have traders on the sideline. Expandedy has really for sterling. Cable down about 0. 1 , but still trading at that 1. 31 handle. This is a conservative government priced in. Upside is really limited. We have seen sterling fall after the poll showed the conservatively it cut by about half and the concern is the Hung Parliament that would throw into concern the outcome of brexit. Some strategists have said that sterling may fall as low as 1. 22 if we do get a Hung Parliament. Brent down about 0. 5 tonight. We are seeing brent trade just under 64 a barrel. The aramco ipo hitting the 10 limit with shares surging so far today. Looking at some of the individual movers we have seen in the market. Jd sports is one of the biggest lacquers in the stoxx 600 laggers in the stoxx 600. Its biggest shareholder sold 2. 4 of
Now on bbc news, live to singapore for Asia Business report. Is the trade war deescalating . China and the us agreed to roll back some tariffs. Three years on, we assess the impact of indias ban on high value Currency Notes. It isa it is a friday, almost the weekend, good morning, asia, helloworld, glad you canjoin good morning, asia, helloworld, glad you can join us good morning, asia, helloworld, glad you canjoin us for good morning, asia, helloworld, glad you can join us for another action packed edition of Asia Business report, i am packed edition of Asia Business report, iam rico packed edition of Asia Business report, i am rico hizon, packed edition of Asia Business report, iam rico hizon, starting off with the trade war because the two economic superpowers appear to be inching towards a endgame and on wall street, investors are pleased with the latest signs of progress with the latest signs of progress with all of the major benchmarks surging to record highs. Asia is in positive
Good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan at post nine of the new york stock exchange. Jon fortt joins us from investor day for qualcomm, first one since 2016 a lot from jon throughout the hour, including a sit down with the ceo exclusively in a few moments. We start with tech on a tear, on pace for the best year in a decade, shrugging off mixed earnings concerns. Sectors off another record close. The dow is selling off, down 120. Buyers beware. Some say were set for overbought conditions when it comes to tech. We talk more about this and the market at large. The chairman of Global Internet banking, good to have you back. Thanks for having me. How do you put the run weve seen, especially in things like semis into context whats driving it . It is amazing, nasdaq up 28 , driven by bigger cap companies, apple up over 60 , microsoft up over 40 , facebook up over 40 to add to the point, semis has been a sub sector, up 58 , driving growth other s