Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at
The g7 speakers meeting. Thank you. We send our regards to you. Thank you all for your critical participation in todays meeting, enhance five participation from leaders in diverse communities. We are blessed to be joined by his holiness, the dalai lama. Ago, he became the first Nobel Laureate on the basis of his environmental advocate efficacy. Evergrowing impact of signs on our lives, religion and suit spirituality have a greater role to play by reminding us of our humanity. There is no contradiction between the two, he said. He went on to say this understanding is crucial if we are to take positive and Decisive Action on concern with the environment. Words resonate with great urgency. The Climate Crisis israel and its consequences are undeniable. Rising sea levels, horrific floods,s, devastating and air pollution will impact every nation on every continent and every year, the crisis accelerates. There is no time to deny the reality of the crisis, which jeopardizes the Public Health o
Hosted a Virtual Meeting on Climate Change with her counterparts from the g7 nations. We will also hear from the dalai dall. Jane goo rep. Pelosi it is my honor to welcome this distinguished group of leaders to the 19th annual g7 speakers meeting on addressing the Climate Crisis with Environmental Justice for all. We are pleased to be joined by the ambassadors of the g7 nation. It is a privilege to be here once again to confront the existential threat of our time, the Climate Crisis. As we have over the years. On parliaments committed for the ocean. Wenk you to the president , send our regards to you. Your participation in todays meeting with leaders from diverse communities, including from both the state and scientific communities. We are pleased to be joined by the dalai lama. His holiness became the first Nobel Laureate on the basis of his environmental advocacy. In his acceptance speech, he said, with the evergrowing impact of science on our lives, religion and spirituality have a
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
Arizona, and hospital cases in california all marking new highs. Plus top advisers to President Trump are set to urge the u. S. To undermine the hong kong dollar peg to punish china for its crackdown in the city. Ons get a quick check up how markets are set up for the open. Here is Sophie Kamaruddin in hong kong. Sophie in asia this wednesday, we are seeing a mixed start to the session with focus on china and if mainland stocks can keep up that rally we have seen for six days. Futuresd 14 so we have in the green for the most part. Hang seng futures settling higher after the rally did stall in hong kong on tuesday. Switching out the board, checking in on the hong kong dollar, which continues to have the 7. 75 mine as they continue to defend the peg, we are seeing little reaction in the curb. Jumping into the terminal for a big picture book, low 200 pips after the spike we saw in may but staying elevated on economic and political uncertainties. Tracking any reaction to a bloomberg report