Countries. We are continuing to see the corporate fallout, we will get more details on airlines. Delta saying it is suspending u. S. To china flying routes through april 30. Asked theirsoft staff to work from home. Amazon as well. The longer it takes to test anybody, the greater the risk they will be spreading the disease. Mike pence saying most cases are mild and they have flulike symptoms. Compared to the tests the u. S. Have carried out, 2000 by the end of last week, compared to 140,000 in south korea. In the u. S. We are seeing 11. Lities rising to this is having a concerning impact on the markets. Lets get to the Market Action. Speaks,president pence we see markets accelerating losses. Now trading at the lowest level since september. The chinese equity come back facing a roadblock. Seng headedg hang for its lowest level of 2020, and s p 500 futures extending the trading session losses, closing down 3. 4 , now off 0. 8 . Earlier futures were moving higher as much as 0. 7 , so quite
There have been 10 serious patients on that cruise ship. For now, lets get a check from the markets and see whats happening across asia. Heres our cross as it reporter. To, thes you did allude mood is optimistic, China Mainland and hong kong. The who said overnight despite we saw yesterday was not necessarily reflective of a larger surge in cases. Yes, we did today get 5000 new cases reported, but much less than the 15,000 yesterday. You can see the csi 300 climbing. S p futures have turned higher after closing lower in the United States. And the nikkei is falling down 6 10 of 1 . And really weighing on though he nikkei is nissan. Its a smaller weight, but its the worst performing stock, having the worst space, falling the lowest level since 2009. This came after an Earnings Report that cut its profit forecast for the second time and slashed its dividends. Back to you guys. Haidi we are getting some of the updates from japan. The Health Minister speaking to reporters, saying they are s
Hoping to get a recovery after drop that we had since december. A s flip the board and have look at your individual benchmarks as well. Reported, a bit of a surprise when it comes to recovery broadbased as you can see across the markets there as well. And flip things along change things, have a look at your currency markets there, the second one is perhaps one of the measures, if you will, have u to be able to say we properly priced in risk remium on the iran story and has it been priced out. You see the second dollar, not retracing all the way back. Quick ng dollar and a check of your commodity markets, we checked and rude is off about 2. 50 per barrel, the highs yesterday, the 10yearyearold, nothing 8. 811 . Ng there, thats your market story for now. Stable. Are lets take it to new york with su keenan. Begin with former National Security advisor john to on says he is willing testify if subpoenaed during President Trumps impeachment trial in the u. S. Senate. Drama in the h it complic
Lets have a look at the Chinese Markets. This is where we are getting a little momentum coming to us. We have to wait and see whether volumes come through. Look at the equity markets, the range, it does seem like a lot of these investors are on holiday already. Signs of eye for more stability. 10year, and the spread pretty much at the highest level , i think, late 2018. 30 basis points. It is a quiet day across these markets. We will had to macau, 20 years since the handover. I will leave the markets here for now. Su keenan is a new york. We will start with the Central Banks, which will be making a lot of headlines today with policymakers in asia staying on hold. Bankalf a decade indonesia kept its key rate unchanged for a second straight month. Saying the economy and exports will rebound in 20 between. With governoreld kuroda echoing a more optimistic tone of his colleagues at the fed at the ecb. I think the governments stemless package is appropriate i think the governments stimulus
An aussie market, had a lot of conviction yesterday. It look at some of the other and allrtainly sterling this, perhaps some doubts about brexit again, if there will be a hard brexit. There are reports Boris Johnson is planning to legally block the brexit transition from extending past january 2020. Have at the moment unnamed sources, but theres always the risk of these losses being clawed back later in the day. , they havego, yields gone up to 1. 88, we were just that one point 87. The hong kong dollar is something david will tell us about in just a little bit. We dont often see that, do we . It is the fed, but it does not mean you cannot make money. We are on the longest rally in five years. Trade. Ly incentivizing the head of asiapacific microstrategy at state street markets, great to see you. We are climbing over walls of worry. What is the other wall ahead of us . We have a few. As we come into the latter part year, iear into next actually see we are in for another strong period,