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
And donald trump lashes out at what he calls the left wing propaganda being taught in universities claiming its fanning the flames of hate being seen on the streets we debate the issue. Or idea of Critical Race Theory the only thing that it does is it gives people of color an excuse to try to not try hard this idea of colorblind list is in the currently braces. Youre watching R T International coming to you live from the russian capital where its just turned 5 pm welcome to the program. British Prime Minister Boris Johnson claims a 2nd coded wave is now inevitable in the u. K. Which could mean another National Lockdown is on the way. Was. A protest today in Central London against any new lockdown measures has resulted in clashes with police the demonstration took place despite a ban on large social gatherings activists form human barriers to prevent police from making progress meanwhile elsewhere in Europe Countries are seeing record infection rates spain is probably the worst affected
Lets take a look at other Asset Classes as well. The big news as we talked about, ftse russell adding chinese bonds to the global bond indices so we are watching chinese assets very closely and we are looking at, when it comes to evergrande, that is a stock that has been seeing a quick turnaround after the stock fell 5 . A looming cash crunch. Bond yields slightly higher here aday, and we are looking for dollar that is looking slightly weaker but steady. We are set to end the week stronger by the most since april for the greenback. The aussie seen quite a slide for the currency this week. We are seeing a bit of a lift in the renminbi on the ftse russell decision and the lira here. Turkey surprising with the rate hike yesterday, but the dollar weakening, a big story here today. First word news. Karina mitchell in new york. Karina good friday morning to you. The Trump Administration has been ordered to delay its ban on tiktok. The judge gave the administration until 2 32 agree. O a delay
I actually in many ways, i upplayed it in terms of action. The president s new claim the virus could go away without a vaccine and the latest from the campaign trail with just 48 days yours . Its really been nice to kind of sit in your own space and go, oh, wow. Like, i think ill put a picture up over there. To go. Or whats wrong with this door why is it so wonky when you try to look for the graciousness and gratitude in total devastation. Its just like, is this really happening . Thousands of homes destroyed something thats so unprecedented, you start right by those western wildfires. Thousands more in danger. There and think, well, at least and overnight the baseball game i got to chance to kind of sit in seattle called off because of in my own space and feel it. Poor air quality. The smoke even visible on the and it is a very comfy home. East coast. Well, thank you for sitting breaking overnight, horrific with us, too, jon. We appreciate that boy failure. Congress releases its final
Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 billion deal, the biggest chip deal to date. The transaction value is up to 40 billion. Nvidia could be paying more than 21 billion in stock and 12 billion in cash. This would be a 2 billion payment as signing. This coming at a time as we continue to see softbank divest its assets. Softbank could be receiving an additional 5 billion of cache if the performance meets certain targets. This also depends on what regulatory scrutiny they go through. This could be the largest ever in the semiconductor