Washington ramps up pressure on beijing. Goldman sachs raises billions for a new fund to focus on private equity. The move comes amid rising interest in secondary investing. Haidi lets look at what the day has in store at the sydney open. We are expected a muted start to trading in asia after downward pressure coming from the u. S. Session overnight. Restrictions continue to take place to curb the the Coronavirus Spread we are starting to see accelerate again, even as we get further good news on the vaccine front. Trading marginal. The u. S. Dollar held to the lowest we have seen since april 2018. We are also seeing the aussie dollar on the back foot. Nikkei futures look like they will see a muted start to trading. Shery lets get started with good news on the vaccine front. Pfizer says final Data Analysis shows its covid shot is 95 effective. The ceo of its german partner told bloomberg about plans for mass production. Our goal is to supply up to 50 million doses by 2020 which andd go
Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar, seeing an earlier push. Flipping the board to check in
To Walter Reed Hospital where he is expected to be treated the next few days. It was overnight we learned he had covid19 and has mild symptoms. Good evening. Im ama daetz. And im dion lim. Thanks for joining us. It has been a dizzying day following the president s latenight announcement that he, along with the first lady, have tested positive for covid19. Any event he or his family members are supposed to be at are postponed. Now, as for Vice President mike pence, he has tested negative and will do Campaign Events as scheduled. Two people who were at last saturdays white house event announcing the nomination of Amy Coney Barrett for the Supreme Court have tested positive. Its not clear if there is a link. Reaction has been coming in as the situation evolved throughout the day. We begin our coverage with abc7 News Reporter chris win, who spoke to republicans and democrats about the president s diagnosis. Reporter tonight all eyes are on america as President Trump and the first lady deal
Were still looking at very warm numbers in the upper elevations. Picking up the fog along the coast. A red flag warning another hour this morning. Winds have been kind of gusty in the north bay and relative humidity 12 to 18 . Were still concerned about that. As we check the winds theyre gusty, somes gusting to about 30, mt. Tam and mt. Diablo, still out of the north up to 25 miles an hour. 82 degrees by the glass fire with 15 relative humidity. Winds out of the southsouthwest, so they have switched direction, and thats going to be allowing today some of the coast to be cleared on out. On tuesday unhealthy air will be pushed staying in the north bay but pushed to our east bay and south bay due to that light northwesterly wind. Were in the 50s in the inland east bay, so were cooler all around the bay today, and well talk about that modest cooling and still the warmth inland in detail in a few minutes. All right, lisa, thank you. Back to those new developments regarding President Trumps
Negative. The president s chief of staff earlier today said the president is experiencing some mild symptoms and this transfer to walter reed is out of an abundance to caution. Elizabeth schultz has the very latest. Reporter tonight the white house announcing that President Trump is still suffering mild symptoms but has been transferred to Walter Reed Hospital out of an abundance of hospital. And out of the recommendation of the physicians, he will be working from walter reed for the next few days. The white house physician saying the president is being treated with an eightgram dose. Dose. He tested positive hours after the news that one of his most trusted aides, hope hicks, tested positive. As this virus goes on, other people in the white house will certainly have a positive test result. Reporter the president chief of staff saying trump is in good spirits. Sources say the president did not participate in a scheduled call this afternoon about covid19 with seniors. The Vice President