The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar
Are trying always to understand this new culture. Another visitor another guests you want to become a citizen. In for migrants your platform for reliable information. Out. This week on world stories. Record heat in siberia. Risky rapes in berlin. But we begin in sicily the coronavirus pandemic is worsening the already desperate situation for refugees italian right wing nationalists are storing up sentiment against them by saying there are allegedly carriers of the virus. The coronavirus pandemic has made life even more challenging for some of the most Vulnerable People here in the south the sicily. There is no justice for migrants no justice each month should pay bills how can i possibly do this. This man from somalia tells us he is stuck here without work or a place to sleep authorities at the Migration Center promised to return his passport last december but he still has received any papers people who showed up for their appointments this morning tell us the pandemic has delayed proc
Thats right bullets. Or a mine did this to me. Lissie chomskys a town in Eastern Ukraine yana cish came here 2 years ago but 29 year old theres a lawyer by training. It is 8 in the morning and as usual shes getting ready to go to work. Or to. The mr i put my hair into a ponytail so i can work with the visor otherwise my hair gets in my face when i put it on. The so what did. I want to listen to service before going on Maternity Leave and then the conflict started and i had to flee my home in the water there. Yellen now works hand together with 22. 00 other ukrainian colleagues they have also been living together here under one roof for almost 2 years our employer is an International Mine Clearing Organization called the Danish Demining Group. Lucy charm school was briefly in the hands of pro russian separatists at the beginning of the war in 2014 today the town is back in the control of the ukrainian government. 13000 people have died so far in the conflict and many flat. Yelena fled f
Close proximity to a president ial election. We will hear from him throughout the day and the focus will turn to the jobs report. After u. S. Unemployment claims figures even this reading of the labor market we will be joined by larry kudlow from the white house for his reaction. Lets get to our main markets story. U. S. Stock futures continue their slide after the main gauge clocked its biggest plunge in three months, tech shares took in a selloffeating that knocked down the highest flyers. To put it all in context is dani burger. 750 billion wiped off the nasdaq, a painful day especially for a lot of the retail favorites, like tesla, falling down. Let me show you how this breaks down the chart. I want you to concentrate here, the nasdaq composite versus the s p and the equal weighted version. You can see most of the past month on the way up the nasdaq leads. The green day is the biggest so far. This little chunk at the end of the chart, you can see the biggest chart is the nasdaq fal
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of