1st friday prayers in istanbuls iconic of fear after being a museum for nearly 86. 00 nears. I may begin with the escalating tension between the United States and china beijing has ordered the u. S. To shut down its consulate in the southwestern chinese city of chengdu the Chinese Foreign Ministry Says its had to hit back at what its calling an unjustified act look what you. Chinas measure is a legitimate and necessary response to unjust acts of the u. S. It conforms with International Law basic norms and International Relations and customary diplomatic practices the Current Situation in bilateral relations is not what china wants to see and the u. S. Is responsible for all of this on tuesday washington gave beijing 72 hours to leave its consulate in Houston Texas china has called the move a violation of International Law but the u. S. Says its necessary to protect American Intellectual property the u. S. Secretary of state might bump aoe has now double dying on the allegations describ
Several u. S. States report record numbers of cases. States reconsider plans to open. To data inadds australia. Shery lets get started with how u. S. Futures are kicking off trading. We are seeing them down. 1 after u. S. Stocks ended in positive territory but off session highs. We have speculation congress will seek additional stimulus. We also have some positive manufacturing data, although not in expansion territory as of yet. The s p 500 finished at the highest level in almost two weeks. Consumer discretionary and tech lead the gains, and the nasdaq composite again finishing at an alltime high. Eight sessions of gains boosted by apple and amazon as well. The dollar declined among most g10 are his. We did get that positive economic data. Improvements not only in the u. S. But also the euro area. Take a look at what oil is doing at the moment. We are seeing wti falling toward 40 a barrel, under pressure right now, really falling from that threemonth high ahead of a release of a key u
Soon despite president toms push to restart the economy as cover 1000 infections rise in brazil state governors protests against president jalal sanaa was decreed to reopen some businesses and uncertainty in sri lanka over bottom entry elections scheduled for next month in the wake of the coronavirus pandemic. At. The end afghanistans president ashraf ghani is blaming the taliban for an increase in violence 34. 00 people including newborn babies were killed in 2 separate attacks president gandhi has ordered a military offensive against the taliban and other armed groups all but. The porter bill is spar repeated cool and from the International Community to taliban have not reduced violence and instead they have increased their attacks in order to provide security for Public Places and the attacks and threats from the taliban and other terrorist groups are ordering Afghan Security forces to switch from an active defense mode to an offensive one and to start their operations against the e
A bystanders video of the arrest. Last in america becomes the new global epicenter of the current virus pandemic the World Health Organization has warned of surging infection numbers and brazil peru and chile now brazil is by far the regions west affected country with more than 300000 confirmed cases thats the 2nd highest number in the wilds the situation is so bad that the u. S. Has imposed travel restrictions for anyone coming from that country thats just going to affect tourism but reports. Away from the sandy beaches of rio theres any weve got a national fabiano the kind that are are trying to locate kuwait patients in the of 1115. They have just recovered from 1000 themselves and are now working on their day off to help those in need which. Hospitals are full most cases were not serious so this way we could help going to people where to go with visiting people and also to see their problems in their homes small houses with not a lot of air flow we could give an overall guidance ok
Germany sees the economy shrinking at least 5 . This, as fears of a virus followup could last for years. We hit our we will hear from ceo bill winters this hour. Haidi lets look at trading when it comes to australia. Asia looking softer, potentially modest bump up after u. S. Stocks saw the first gain in three days of losses. In new zealand, trading is dataway, retail sales is a point we will be looking at later to give us an indication, not super forwardlooking, but at least how things stand in terms of the fed rate period, asia excluding japan looks like it has had a flat week so far. That is u. S. Future. Waitinghe bond market, for the ava bond purchase, the aussie yield curve steepening ahead of the government announcing option plans for the coming week. We could see a bump up in primary activity, looking at the threeyear yield to and the week below target after the central bank boosted liquidity and calmed down money markets. We are watching banking stocks after they cut fees, one