Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h
Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
Surveillance. I am Francine Lacqua here in london. This is what the markets are doing, focused on the lack of stimulus coming from the u. S. They are also focused on the earnings. I see a bit of zigzagging. The other thing i am watching for is the pound. A lot going on, you know, in the next 12 hours, when Boris Johnson needs to decide whether to abandon talks with it eu, giving the clear signal of what he wants in order to remain at the table. We have a pack show today. Talk top at 9 30, we the irish finance minister that wedonohoe, and speak with ignazio visco, the Banca Ditalia governor. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. The boeing 787 has been deemed safe to fly. The news comes besides a software upgrade, not being done it for up to two years. The max was founded in 2019 grounded in 2019 after two fatal crashes. President trump and joe biden held separate town halls last night, 1000 miles ap
We can make a difference by choosing Smart New Solutions overstrained said in our ways. The idea is to limit to a series of includes those and only. The coronavirus pandemic is a corruption crisis a new report says the countries where Citizens Trust their governments the least are coping the worst well look at whos leading the way and whos lagging behind in the latest Corruption Perception index. A combination of crises gives boeing a battering plane maker announces a record loss for 2020 well find out why. And well meet the british stilton exporters who are cheesed off to put it a british way about the new breaks it bureaucracy this is due to be a business in berlin welcome to the program. Now little is as important during a pandemic as the countrys Health Care System but like other sections of government they can be subject to Corruption Transparency international has again ranked countries around the world in terms of how corrupt their citizens perceive them to be particularly when
Different views on issues from the pandemic so racial justice. And g. W. Visits kenyas rift valley where rising water levels flooded entire communities displacing thousands that inhabits homes. Im get out of as welcome to the program protesters in thailand ha back on the streets for another day of antigovernment demonstrations thousands of people are gathering in the central bangkok in defiance of an emergency decree that bans public gatherings police have stepped up action to try to deter them. To activists were charged under a rarely used law that prohibits violence against the queen if found guilty the past could face life in prison. Thailands Prime Minister. Says he wont stand down and has defended his governments attempts to quell the armrest. Your role well aware of the situation they need it up the government must use the emergency decree that. So we have to proceed with it because the situation became violent. And some of the things happening now have never happened before. The