August 15 but also continuing down. 7 the nikkei and the futures in the u. S. Are looking lower as well. Data expected out of the u. S. Later today. And in terms of looking at some of the currencies in the region, we talked about the bloomberg dollar index. Down about. 10 . Dollar weakness is essentially beneficial to equities in this part of the world and currencies as well. Aussie, thats what youre looking like, essentially flat and new zealand had jobless numbers that came in less bad than expected. The kiwi dollar up. 2 . Lets move on to some of the commodities, gold again looking strong and well, above 2000 an ounce, a little bit of weakness in the last hour or so, down about. 2 . Terms of oil were looking at the beirut story, the port explosion there and there was concern that have geopolitical tensions emanating from that. Thats the yield picture in the points. St over 10 basis rally washe dollar rather short, and then weve got gold, the inverse correlation back at the moment. T
Status was scrapped, Narendra Modi lays stone for a hindu tetemple. Thank you very much for joining us here. I day after a massive explosion rocked the lebanese capital, residents in beirut remain in shock. Rescuers digging through the rubble i in the cityty today afr at leaeast 100 people died and over 4000 were wounded after a blast with the force of an earthquake hit the city. An investigation is underway to a to determine the cause of the blast. It does appear to have been 2700d in a fire ignited tons of Ammonium Nitrate stored unsafely at a warehouse. Reporter beirut this morning is similar to a war zone. Back to check onon their homes, everything is almost destroyed. Many the big explosion cars are destroyed. More than 100 dead. And more than 4000 injured. Many people were displaced from this area. They went to relatives, friends, or hotels. They came back this morning to clean. I have an eyewitness that was here when the explosion occurred. Saw, what you felt . Devastation. It l
God reconcile its very different activities. We welcome to conflicts around welcome to you thank you good morning 89 months of mass demonstrations against the political elite you included and nothing is changing where are the reforms that have been promised so many times in lebanon well this is a long story actually when you want to talk about the reforms in lebanon when you want to talk about the reforms in lebanon you have to talk about the elements of the system we have been plagued by the most like of ailments and political diseases of my say and this is a long way to go actually it has to do with the confessional system it has to do with the economy that we follow or imposed it does not necessarily belong to the benefit of the people thats why were going to continue to have this vicious cycle as long as were going to you know to stick to the same system you know what you you it was hard it is something i continue to do the same think youve got to expect our very young to result yo
God reconcile its very different activities. Bringing with how we welcome to conflicts around welcome to you thank you good morning 89 months of mass demonstrations against the political elite you included and nothing is changing where are the reforms that have been promised so many times in lebanon well this is a long story actually when you want to talk about the reforms in lebanon when you want to talk about the reforms and you have to talk about the elements of the system we have been plagued by the most like of ailments and political diseases of my say and this is a long way to go actually it has to do with the confessional system it has to do with the economy that we follow or imposed does not necessarily belong to the benefit of the people thats why were going to continue to have this vicious cycle as long as were going to you know to stick to the same system you are what you you it was part of there something i continue to do the same think youve got to expect of any of the res
God reconcile its very different activities. We welcome to conflicts around welcome to you thank you good morning 8 and 9 months oh of mass demonstrations against the political elite you included and nothing is changing where are the reforms that have been promised so many times in lebanon well this is a long story actually when you want to talk about the reforms in lebanon when you want to talk about the reforms and you have to talk about the elements of the system we have been plagued by the most like of ailments and political diseases apart my say and this is a long way to go actually it has to do with the confessional system it has to do with the economy that we follow. It does not necessarily belong to the benefits of the people thats why were going to continue to have this vicious cycle as long as we continue to stick to the same system that when you hear it was part of their summit i continue to do the same thing you cannot expect the very end the result you get you pass some re