The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a correction in the highflying tech sector. We saw u. S. Stocks falli
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
Welcome to bloomberg daybreak australia. Markets have just come online in sydney. We are counting down to asias major opens. Stocks set for a weaker start after weaker u. S. Jobs data waiting for tuesdays cpi print. Japan is likely to escape a technical recession when we get a revised gdp but it may not convince the boj that wages are taking off. China is sent to wrap up an ambitious growth target. Take a look at how we are setting out. Pretty muted for the monday morning trading session. Australia just coming online. Asx climbing the most last week. We had a pretty good rally last week. And a little bit of a pullback with profittaking at the beginning of the session. We are hearing some revisions when it comes to more optimism on the macro scenarios as well as upgrades to the consensus on earning estimates. Australian bank stocks can keep rising against that backdrop. Take a look at the aussie dollar. 6619. The dollar declines we have seen. Especially benefiting the likes of the yen a
Commissioner chan and we want to thank sfgovtv for staffing this meeting. Madam clerk, any announcements. Public comment will be taken when the item 6 interest comes up and please line up to speak on the right and submit comments in the writing email to the Government Audit Oversight Committee to the clerk at sfgov. Org and if my email will be forwarded to the board of supervisors or sent your condominiums to dr. Carlton room if you have any documents please submit them before the end of the meeting and silence all devices and finally, items acted on will be on the next agenda unless otherwise stated. Madam clerk, call items madam clerk, call items 1 and approving an annual report for the Central Market Community Benefit district for calendar year cy 2022, submitted as required by the property and required by the property and and highways code,sections 36600, et seq. , section 36650, and the districts Management Agreement with the city, section 3. 4. Thank you. And these items are spon
Speak on the right and submit comments in the writing email to the Government Audit Oversight Committee to the clerk at sfgov. Org and if my email will be forwarded to the board of supervisors or sent your condominiums to dr. Carlton room if you have any documents please submit them before the end of the meeting and silence all devices and finally, items acted on will be on the next agenda unless otherwise stated. Madam clerk, call items madam clerk, call items 1 and approving an annual report for the Central Market Community Benefit district for calendar year cy 2022, submitted as required by the property and required by the property and and highways code,sections 36600, et seq. , section 36650, and the districts Management Agreement with the city, section 3. 4. Thank you. And these items are sponsored by supervisor dorsey and starting off will be the director of the oewd and as possibly i have before thank you for your engagement with our office and in advance of this hearing. The fl