Also his rhetoric reiterated when it comes to china, saying china should have kept the virus where it was and could have stopped this virus spread. These are the latest lines coming through, the president saying trump the u. S. Can deal with the flareups. We are seeing with stocks we are basically coming off some of the lows but still heading lower today, u. S. Futures extending losses to more than 1 now. Jakarta coming online. We have a Bank Indonesia decision today, expect some type of rate cut. When it comes to india we are watching the standoff on the border with china. Besides continue to talk. They are pledging to deescalate after the deadly clashes. Here is what we are watching out for, not a lot of catalysts. Looking at the dollar, it is very much on the stronger side and youre seeing the likes of the aussie dollar reacting to those unemployment numbers which was a big miss. U. S. 10year yield, seeing bonds that are up as well and the china 10year yield is what we are watching
Oppression of muslims. The bank of england is expecting to boost bond buying today as investors watch for hands on yield curve control. Boris johnson and Emmanuel Macron meet in london. Welcome to daybreak europe. Caution coming back into the markets today. Perhaps signals that u. S. China tensions could come to the forefront again. Signaling a reserve ratio cut. Perhaps even on the weekend. Hearing from the governor throughout the is in session, saying that chinas Monetary Policy is still in a normal range. Economic fundamentals are sound. Those comments have given a lift to chinese equities in the asian session. You will see a bit of a retreat. Some weakness in u. S. And european futures. A lot of that seems to be down to second wave concerns dominating among other things. Jpmorgan sounding a warning on market correlation at 20 years highs. You are seeing the 10 year yield to drop as well. Yen strength in g10, aussie the surge the Unemployment Rate in australia. Oil dropping on u. S.
Monetary and fiscal stimulus out there. Oilmarket is focused on given what opec may or may not do. Treasuries are advancing. Stocks edging lower in europe. Also edging lower when it comes to u. S. Equity futures. Investors now trying to look for fresh candidates for gains amid a rising number of Coronavirus Infections in some countries. I would point to oil as well. Annmarie hordern spoke to the russian oil minister. Chinese shares actually pairing losses after we saw the pboc saying they want the flow of credit to the economy to increase 30 trillion yuan this year. Notice bank leaving a key rate at its benchmark at 0 . Good morning, francine. President trump asked for chinas help to win reelection, that is the allegation by john bolton in his tellall memoir. The white house is seeking an injunction preventing the form a National Publishing the book. Bolton is the most senior official in the Trump Administration so far to publish an account of his experience. The president s Campaign T
Protesters in hong kong and beijing promises retaliation if it becomes law. Alibaba set to raise 11 billion in a second listing next week. It marks hong kongs biggest share sale since 2010. Coming from behind, Jeremy Corbyn holds his own against Boris Johnson in the first tv debate in the u. K. Election, a snap poll puts the leaders at almost even on the night. Good morning. Matt good morning. We are getting headlines that hsbc is going to replace its head of Investment Banking, so those of you working at the Investment Bank at hsbc, at least according to the financial times, looks set to get a new boss. The head will move to a nonexecutive role according to the f role ft and he will get a replacement. We will bring you the developments on this story as the new head of Investment Banking those into the Hong Kong Shanghai banking corporation. Less than half an hour from the european open and lets look quickly at what is going on in terms of the risk picture this morning, the treasury yi
Lets take a look at what is been helping foment further gains across the asiapacific. That is the futures contract for the s p up to tens, hang seng three tens of 1 . And the nikkei has buoyed a bit. Also the topix doing rather well. We have a cna a tad week. Looking at that as we do. Also the yen, and the boj. 41 day since the boj came in and bought a sizable chunk of stocks in the japanese market. Someat stealth tapering, people are arguing because the yield on the 10 years unchanged. The yield has been lurching lower eight basis points. Weekhas been put less a and see what is going on in regard to the haven stages. The learn not willing to look at and take on risk right now. This is of course after the Election Results or we saw the landslide victory when it comes to democratic camp. She was talking about how she is ready to listen and stands by previous stances on protest demands. People who felt that our government has not handled, deadly the legislative exercise and its aftermath