Asiapacific benchmark. Jakarta coming online. Of 1 . F 6 10 u. S. Futures are flat and so are nifty futures. At thatbe looking downgrade of indias outlook to negative. The country at risk of falling into junk status. When it comes to some of these markets, singapore reopening phase two today. The peak p, is the biggest loser on the board. Elevated. Ocks are we are expecting that we could see some action from the pboc in the next coming days. Could we see it in the form of a triple are cut . The chinese bond market has stalled a bit. We are still seeing yields go lower today. Take a look at currencies first. The dollar set for a second week of gains right now. We are watching the pound really closely. The bank of england expanded by qe program. Renminbi is steady around 708. The rupiah, we are focusing on that. B. I. Cut rates yesterday. More easing to come. Trend is steepening getting tired right now. Businesses have fears of a second wave. U. S. 10 year is down to 70 basis points righ
What do you study in the urbanity project . This aboutnity cities, and in a bigger sense come about living together. Beings come human as americans, solve the problems that make it hard to live near each other so we can reap the benefits of having a big civilization with lots of interactions, lots of people meeting people, doing business on the creating culture, all the things that make coronavirus really dangerous. Host salim furth on with us to talk about the effect of coronavirus on cities and urban areas across the country. A common headline we are seeing in fact, this morning in the hill, an opinion piece in axios with the headline zoing adjustments could help cities rebound from the coronavirus. How could zoning be used throughout the city rebound and how can it help provide Affordable Housing in those cities . Guest theres a lot to criticize in it. It is fair to say zoning is frequently used to micromanage space to keep out the types of people that cities dont want, and especial
Responsible for overseeing Nursing Homes to testify today. She was offered dates and times of her choice this month and next month. She was offered the opportunity to come in person or appear virtually from her desk. Administration, which seems more terrified of transparency and accountability then covid19, has declined to provide any witness with the courage to face the responsibility for the thousands of deaths that have occurred. These were send a crisis that existed long before covid19 occurred. We will learn from a nurse who took it on herself to purchase protective equipment with her own funds for her staff. Including preventing evictions and appropriate settings. Like sending nursing home residents to homeless shelters. Thousands of nursing home residents are being evicted across the country to homeless shelters and other inappropriate settings because there is a natural incentive for some homes to take more lucrative patients. We will get their perspective. Much of this crisis
Jakarta just coming online. Interesting when it comes to the hang seng, we are close to those session highs for the hang seng. Cathay pacific certainly one to watch. Spike onned that brief this governmentbacked rescue plan. We come back to earth a little bit. Still seeing shares elevated a little bit. Chinese stocks slightly lower. We missed on the Inflation Numbers. Small caps in china close to 20 higher from those lows we saw. India futures also pointing positive. We are watching the dollar as well. Down for nine of the last 10 sessions. A little bit of exception with the yen, 107. 79. The hong kong dollar still on the stronger side but kyle bass doubling down on his bet against the peg. We will see what kind of demand there is. Offshore renminbi pretty much unchanged right now. Haslinda lets stay with china. Factory prices continue to fall in may. The country continues to deal with the fallout of the coronavirus pandemic. Lets cross to selina wang in beijing. Break down the Inflatio
It. This morning the investigation morning across the bay and now underway. Throughout the entire workweek. Full speed ahead. Mostly clear sunrise for those john boltons book to be marcus . Thanks, kari. Inland areas like dublin. Released this week after he well have another local news as we look at our high beats back a white house update for you coming up in 30 temperatures its going to heat challenge to stop it. I dont think hes fit for minutes. Up into the low 90s there. But then you look at san office. I dont think he has the francisco where it stays in the low 70s. Competence to carry out the job. So as we look at our inland straight ahead, boltons temperatures its going to be much hotter compared to the these fudge brownie m ms are really fyes they are. To put a fudge brownie center in an m ms is. Coast, and were going to see genius i know. The heat continuing through the bombshell interview and the fire i was going to say hard hes facing from trump and week while San Francisco