Out his vision to drive new Economic Growth and draw hong kong closer to the mainland. Offapple takes the wraps the iphone 12. And pricey. Analysts say it could trigger a new wave of sales. Haidi all right, lets take a look at how we are setting up going into trading, and australia, weakness as expected with equity futures. About 1 10 of 1 . Reasonablethere were earnings out from banks, putting an end to the stalemate and a contention over another round of stimulus with the white house and democrats in disarray over negotiations. The aussie dollar also trading 158, and we heard from the australian treasurer speaking earlier, commenting on the tensions with china, saying the relationship has been challenging but that it is vastly important and a relationship of mutual benefit. We will continue to watch that and others, as well, given the concerns about the import ban when it comes to australian coal into china. Kiwi stocks, modest to the upside. Going from strength to strength. Of cours
Eggs from the web chinese farmers are increasingly turning to online streaming to sell the product. And. The European Unions technology rules are stuck in the stone age thats the verdict of the woman behind the blocks latest effort to tame big tech you Competition Commission or mockery divest has long been a thorn in the side of the likes of apple and facebook now she says her proposals will lay down the law for those Companies Finally creating a Single Market for Digital Services. She said down with a reporter to no tomorrow. Thank you so much for joining us today commissioner its the pressure now digitalisation is of course a very important topic in europe and with your Digital Services act do you would like to see a range of rules imposed on Big Tech Companies like facebook and google and apple rules like making them share their data with smaller rivals what is it that you think that theyre doing that is so wrong. Well the last time when our democracies sort of say things you can do
With france reporting record infection rates as germany curfews go into effect in berlin and frankfort. President trump is back on the campaign trail after announcing he has fully recovered from covid, claiming he is now new. Well get rid of it all over the world. You see big flareups in europe, big flareup in canada, very big flareup in canada you saw that today a lot of flareups, but its going to disappear congressional lawmakers have rejected a white house proposal for a new 1. 8 trillion Coronavirus Relief package, as talks to reach a fresh stimulus deal before the november election remain at an impasse. The Trump Administrations plan would include aid for state and local governments and Liability Protection for business, along with 20 billion in support for the struggling airline sector. Senate republicans, though, oppose the plan in a weekend call with treasury secretary Steven Mnuchin and white house chief of staff, mark memeadows, saying they were not pleased with the high cost
Secretary of the United States Steve Mnuchin planning a meeting with nancy pelosi to discuss it which means maybe republicans can go along with this, cobble together something acceptable to both sides but just the talk of that, and some of the stimulus that would give the economy a boost, markets a boost has stocks raising ahead. Hillary vaughn following that, but the postdebate excitement. Both candidates are out on the stump. President trump will be in michigan. Former Vice President in ohio. Busy in a lot of states. Hillary in ohio with more. Reporter hi, neil. Biden has his busiest schedule on the campaign trail weve seen since really the primaries, way before the pandemic. He has seven stops today as he kicks off his train tour. Biden hopped aboard an amtrak train. He will hit seven different cities on one of his favorite modes of transportation the amtrak. It is a nostalgic moment for a man spent decades taking that very train from wilmington to washington. The familiar sound of
Beijings economy. He says the world has entered a transformation period but warns against the closed domestic cycle. Watching wall street, Goldman Sachs, bank of america and wells fargo report later today. This after j. P. Morgan and city shares fall despite surprising to the upside. Very warm welcome to our viewers just waking up. Manus is off this week. A much do holiday and very welldeserved. The pandemic really was maines front and center. We have the latest projections from the imf, warnings from the u. K. Scientific advisor. The netherlands entering a partial lockdown. The pause from eli lilly and Johnson Johnson on their latest medical trials serve as a stark reminder that the pandemic is a perennial Market Driver even amongst the uncertainty of brexit, the tugofwar over u. S. Stimulus, and the noise surrounding the u. S. President ial election which today is now 20 days away. Against that backdrop, the markets this morning a little softer in asia. Xi jinping speaking in shenzhe