Topped 500. Experts monitoring the situation in the capital say the latest sevenday average is about 326 daily cases, up from 244 the week before. The metropolitan government raised the alert. It is not asking businesses to reduce operating hours but the governor is asking residents to take thorough prevention measures when they dine in a group as they plan yearend gettogethers. Translator we advise people with preexisting conditions not to dine in a group. Anyone to lives with family members with a higher risk of falling seriously ill are advised to refrain from such outings. Osaka, aichi, hokkaido, and other prefectures also reported a Record Number of daily cases on thursday. The recent spike comes as residents take advantage of government subsidies on dining, lodging, transportation. Officials say the goto travel and goto eat campaigns are necessary to get the economy back on track, but as nhk worlds Shirakawa Marina reports, the Japan Medical Association is speaking out. Translato
Hang seng is flat. Taiwan is the leader on the board. We will talk about tsmc. They are gaining on the back of the apple news. We continue to watch dollar renminbi. 16 month high for the yen. We could be set for the best performance ever for the renminbi. Look at whats going on the rest of g10. Still seeing a strong yen. Pound is gaining for a third day at 129. The dollar falling to the twoweek low ahead of the fed decision. Take a look at bond yields ahead, not much movement. Its pretty quiet before the fed. Six the seven basis points for u. S. 10 year. Bondsl off in government the fall off in government bonds may have run its course. Saw the biggest cash injects and since 2018. Crude jumping on the back of that Better Chinese data we got yesterday. Back to our top story. A big win on paper, but not much in the real world. Says that Donald Trumps tariffs on chinese goods violated International Regulations, but its unlikely to make much of a material difference. Lets get more from our
Feel its impacts for some time to come. The energy and Commerce Committee has been conducting oversight of the trauma administrations response to this crisis in this subcommittee is charged with overseeing the ftcs response is the primary federal agency tasked with overseeing our nations telecommute occasions infrastructure and charged with administrating the universal Service Program at no point has Broadband Service in the work done by the fcc but more important to americans as it is right now. For many of us highspeed broadband has become the means by which we work, live and stay healthy. In the last seven months the internet has become the lifeline we use to buy groceries, see doctors and interact with the outside world. Zoom has become a verb and americans all over the country are connecting over video chat for virtual worship, family reunions and so much more. In so many ways broadband has become the glue holding our society together as our nation and the world weathers this stor
Oversight of the trauma administrations response to this crisis in this subcommittee is charged with overseeing the ftcs response is the primary federal agency tasked with overseeing our nations telecommute occasions infrastructure and charged with administrating the universal Service Program at no point has Broadband Service in the work done by the fcc but more important to americans as it is right now. For many of us highspeed broadband has become the means by which we work, live and stay healthy. In the last seven months the internet has become the lifeline we use to buy groceries, see doctors and interact with the outside world. Zoom has become a verb and americans all over the country are connecting over video chat for virtual worship, family reunions and so much more. In so many ways broadband has become the glue holding our society together as our nation and the world weathers this storm. But the Digital Divide is growing has more americans struggle to pay their bills and stay c
We will break that down later on. Take a look at the rest of the market. You see caution still. The likes of gold, despite the rebound in stocks, gold topped at 1800 for the First Time Since 2011. Theres caution around a resurgence of cases. We have the situation in hong kong with china and acting sweeping powers. Goldman saying we could see 2000 for gold in the next 12 months or so. Extending theg best performance we have seen in 30 years. Money coming off of the dollar here, more of quarter selling and rebalancing. A little bit of strength in the yen. Offshore renminbi gaining at 705. Take a look at the nikkei. A survey cannot very negative. Manufacturing sentiment dropping to the lowest level since 2009. China seeing shares up 6 10 of 1 . The pboc said to Lower Borrowing costs for small businesses. Perhaps anticipating a rate cut today. Watching bonds. Treasuries did tumble. They continue. 68 basis points. Lets get to our top story now. Hong kong marking 23 years of chinese role hou