The governor of texas warns of a massive outbreak. The imf adds to the gloom, further lowering its Growth Outlook, saying the pandemic will cause even more damage than first feared. Haidi that lead really playing into the downside we are expecting in the asian market session. Lets get it over to Sophie Kamaruddin in hong kong for a look at what we are expecting. Board, pulling up the asian futures pointing to losses of 1 or more amid the imf. Warnings of a deeper recession with japan and the Growth Outlook taking a hit. 1. 2 in theup by red this morning. A down day with trade disruptions back on the table alongside virus risks. Flipping the board, we are seeing bonds on the advance. Aussie tenure yields off by four basis points. Treasury futures to the upside after the overnight flattening we saw in cash yields as the bond market is signaling a more cautious outlook than we have seen in stocks. Check out the dollar extending gains against g10 peers with increasing u. S. Trade tensions
A buffer zone of the United States doesnt cooperate and do it with them so it undermines u. S. Efforts to destroy isis and to destroy hideout in this it liber area Hurricane Dorian remains a notch category 4 storm its currently east of the bahamas and remains at threat to the u. S. East coast in florida dorian hays also seen as a test of new nursing home regulations were put in place have to 12 people died when at conditioning failed during 827000 storm and to get a half a story. Now a category 4 storm with sustained winds in excess of 230 Kilometers Per Hour or again dorian is edging closer to the u. S. The southeast coast in florida a state of emergency has been declared in dozens of counties as people board up their homes fuel their cars and brace themselves in case a hurricane makes landfall after 12 residents of a nursing home died from heat exhaustion during Hurricane Irma in 2017 the states and acted strict guidelines for floridas many assisted living facilities Hurricane Dorian
Deeper contraction. All of this being wrapped up along with concerns about how the Biden Administration may be quadrupling tariffs on chinese goods. Along with that, dont forget, we have u. S. Data showing Consumer Sentiment declining, rising Inflation Expectations placed on one survey. We will keep an eye on the u. S. Cpi numbers. Asia stocks are treading water. Although we are seeing a bump up on the hang seng. Keeping in ai on the offshore you on as it moves toward the 724. In keeping in ai on the japanese currency, along with jgbs. We got the boj in todays purchase, reducing the number of bonds for five to 10 year. This, as some say, a test balloon for scaling back its bond purchases. Take a look at the data out of china. This is a broad measure of credit. It has declined for the First Time Since 2017. This is when the data first started being the concern here is the pbocs ample liquidity that the household firms are not biting, adding to the list of concerns related to china. Paul
A cut off from water and electricity by user all the you and cries, file looks like you may need to read crisis. Thats more than a 1000 people that reported killed in ongoing is read, he strikes all children off. So tara slide, did they sleep with as shoes on the should i or less . There is no drinking water. People here are dying slowly and the depth totally needs arises to at least 1500 with 100, some more missing after tax the chip, not things by him. As we hear from some of that be read relatives, all the victims see you have to leave your life and this is a disaster for us. His name is always the meaning of his name enable. Its my life causing every one that is answer peoples either like the flooded 7 pm in moscow, and this is our team to national with all the latest from around the world. I am michael watching. The other white house has his back tracked on president bindings, claims that have mice be headed to meet related to is ready babies. And thats according to the washington
Insightful with respect to the wall and if we have time at the end i will be happy to take some questions. Let me start with kind of what weve been spending our time on at the department the. This is the operational policy challenges of the department so the first challenge i want to discuss its counterterrorism and as joe and others now counterterrorism was the Founding Mission of the department and it continues to be the cornerstone of what we do compared to 2003 when the department was established the terrorism threat today is more challenging and more decentralized and diffuse and arguably more complex. We are more concerned about the foreign fighters who leave this country and others have traveled to another and take up to the fight and link up with a terrorist organization. They are concerned about the terrorist organizations adapted and skilled use of the internet to publicly recruit and inspire individuals. To prevent the travel of the foreign terrorist fighters the secretary r