3 . 5. 6 , but improvement from the previous ask. Haslinda it does look like china continues to Gain Momentum in terms of recovery. Lets look at where we are in terms of market reaction. Just. 1 . Underperformed after its biggest rally in more than 5. 5 years. Up. 2 . Pretty muted. Belowe been dragging this 6. 8, a strengthening that we saw onshore and offshore. Jp morgan is seeing gains. The 10 year yields. Take a look. Study right now. 313 after that fresh quiddity injection. Yvonne lets break down these numbers with the head of macro resource. Chinasensus about economic recovery and renminbi since april. What is your take on these numbers . I think the number basically confirms that the Economic Activities are normalizing, especially on the consumption front. We see from highfrequency data that retail sales, etc. That were hit during covid19 are slowly coming back. Upside for september data. Also, from the production side, recovery from earlier in the year. There are three things Go
Change his mind about approval. Latery powell will say that the u. S. Economy is improving, but has a long way to go before fully recovering from the virus. The st. Louisrom fed president this hour. Haidi investors are waiting to hear from fed chair powell. But we know the gist of what he is likely to say given that the commentary has been around how recovery will be, managing expectations. The recent fairly positive data points we have gotten. S p active futures after the session overnight really erasing some of those earlier losses as well. Some of the gains we have seen trading flat at the moment. U. S. Stocks fell. Could have been worse if not for that rebound in tech shares stemming the losses. It did get close to that threshold to be considered a market correction. 0. 1 ires down by should say by 1 at the moment. Japanese markets are closed for a second day this week for the autumn equinox holiday. ,ydney futures down by 1 trading in new zealand down by 0. 1 . Victoria has come o
In the. Climate change. Summit soon. To. Be yours to think how far future. Major cities. Could cut or. Kick talk may yet beat the clock as a deal to take over its u. S. Operations has reportedly gotten past the u. S. Treasury ahead of the deadline on sunday now its the white houses turn to weigh in. Also on the show french unions hold strikes and marches across the call. Tree to protest job insecurity. And its all aboard the wind in south africa which is running again after i blinked and looked down. This is the value of business im joined now on in berlin thank you for joining us is to talk faith in the u. S. Finally becoming clear according to reports the u. S. Treasury department take talk parent bite downs and oracle have tentatively agreed on purchased terms for the short video social platform under the rumored deal oracle walmart and buy down says u. S. Investors would together have a majority stake in the firm citing security concerns President Donald Trump had given bite down i
Investors concerned about rising Coronavirus Infections and what that means for the recovery. Global deaths are approaching one million with record cases in france and the u. K. The Trump Administration given an ultimatum over tiktok to delay a ban or respond in court. Ban isnt trumps due to take effect on sunday. ,aidi it was a meandering confused session in the u. S. Investors seemed to be trying to work out where the lead was. Investors weighing the scanned prospects of another stimulus package against a resurgence, the second wave we are seeing across europe and the u. K. Modest gains but the s p has wiped out all of its gains for 2020. Futures trading up by. 3 at this point. When it comes to the asian trading day ahead, the nikkei 225 regaining a little bit of positivity. Modest gains of. 1 , trading in the futures session in chicago. In sydney, we are watching as to whether this surge we have seen in growth shares will continue. The msci australia index jumping to a record high c
In washington coming up in the state has the right to do with europes Energy Policy we wrote this also will not work lawmakers in the United States are ramping up their threats against the north stream 2 pipelines straight ahead well look into the tensions and what germany is looking to do about the claims from the u. S. And in the wake of the copen 1000 pandemic states are seeking billions from opioid manufacturers for their role in another Public Health crisis well dive into the details of a packed show today so lets get to it. And threats continue over the construction of the controversial nord stream to pipeline for years now the u. S. Has been trying to block the 760 mile pipeline the north stream to oh and by Russian Energy giant gazprom will carry natural gas from russia to germany now in recent weeks 3 u. S. Senators have threatened crushing legal and economic sanctions a threat the German Foreign minister rejected last week. Relationship with the United States goes deeper than