From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos
There is a tumble on the growing u. S. Industries. Decade, asore than a the pandemic rages on. It is also slashing its final dividends. Big tech is a warned that it may lose Legal Protection over user content. Lawmakers are accusing tech shery lets get you started with a quick check of the markets. We are saying u. S. Futures, online higher at the moment. This is after u. S. Stocks tumbled by the most since june. Check is leading all of the sectors. Tech is not really acting like a haven today. Lets see how things are shaping up for the asian markets. Heres Sophie Kamaruddin in hong kong. Sophie after that steep drop that we saw for u. S. And european shares, expect losses to continue. In asia. It is the busiest day of earnings for china. In australia, we have all of these futures falling to the lowest since october 5. This is after a report of a 40 a 42 slump in profit. S may be facing a tumble. Bullion fell. Is picking up steam. We may see some slight tweaks to its quarterly forecast
Hour, likely to confirm thirdquarter results that beat forecasts. The first since the patriarch. It may losewarning Legal Protection over user content. Lawmakers accuse platforms of abusing their power for political speech as the election nears. First, lets get you started with a quick check of the markets. Sophie kamaruddin in hong kong. Sophie after the steep losses we saw for u. S. And european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u. S. Futures edging higher early in this session. We do have aussie shares under pressure, off by. 4 this morning. This after the tech lead rebound we saw wednesday looking shortlived. And set under pressure, falling 3 after recording a 42 slump in profit. Those results coming in line with analyst estimates. Check out the aussie dollar holding about 70 but trading near a nine day. It could be in the making the next few days. Metzler about the board to check in on some other assets in focus. We are
A setback but its a good night for the greens after local elections in france. Welcome to the program across the world half a 1000000 people have died from chroma virus and more than 10000000 have been infected a quarter of all of those infections and deaths in the United States which is by far the worst hit country with a sharp spike in infections recorded in Southern Western States the u. S. Health secretary is warning time is running out to contain the virus particle haint has the latest. The corona virus is marching through america in Houston Texas hospitals are quickly running out of intensive care beds in florida arizona and texas mobile testing sites are being overrun with people waiting for hours many turned away Health Experts warned this would happen in many of these states mostly republican governors move to reopen businesses stressing the importance of the health of the economy now critics say the Public Health system and a growing number of people are paying the price well
A good night for the greens at a local elections in france. Welcome to the program across the world half a 1000000 people have now died from corona virus and more than 10000000 have been infected a quarter of all of those infections and deaths are in the United States which is by far the worst hit country with a sharp spike in infections recorded in southern and western states the u. S. Health secretary is warning that time is running out to contain the virus particle haid as more. The corona virus is marching through america in Houston Texas hospitals are quickly running out of intensive care beds in florida arizona and texas mobile testing sites are being overrun with people waiting for hours many turned away Health Experts warned this would happen in many of these states mostly Republican Governors move to reopen businesses stressing the importance of the health of the economy now critics say the Public Health system and a growing number of people are paying the price well the trump