South african musicianjohnny clegg is remembered by family, friends and fans at a Memorial Service in johannesburg. Hello and welcome to bbc news. We begin in syria, where, according to the United Nations, airstrikes by the governments armed forces and its allies have killed at least a hundred people in the last ten days. 26 of them were children. The uns human rights chief, michelle bachelet, has accused the International Community of treating the violence with appa rent indifference. The fighting has been taking place in idlib provice, in the north west of syria, which is one of the last strongholds of the rebel groups which rose up against president assad. Imogen foulkes reports. This five year old desperately trying to save her baby sister from an air strike. Butjust hours later she herself died from her injuries. Idlib is the last area of syria still in rebel hands. It is also home to millions of civilians. The United Nations has warned for months that a battle here would come at
Being unhappy with policy. The drum beats louder for rate cuts. And people working closely together to protect interests in the escalating trade war, we are live in bangkok. You a check oft the markets at the close. It was a turbulent day with not only iranu. S. Tensions but futures and options expiring together on quadruple witching day. There was a record intraday high only to close lower by. 1 , industrials and real estate stocks leading the declines. We have one sector gaining ground, the energy sector. The biggest winner of the session. Wti rally 10 last week on heightening middle east tensions. U. S. Futures up. 2 . Lets see how we are setting up. Sophie with the event risks sex g20, we could see asian asian stocks set for a softer open. Look at kiwi shares continuing to climb while flipping the board, checking the kiwi dollar, it is slightly higher for a succession as funds go bearish the currency ahead of the rbnz decision. The kiwi could be limited if central bank stays dovish
The focus shifting from Central Banks back to trade ahead of the g20. President Trumps Administration up in the antiby blacklisting another five chinese tech companies. Yvonne perhaps dampening the prospects of getting any kind of deal at the g20. Seems like when it comes to the oil market this escalation of tensions with iran, it perhaps is offsetting what we saw last week on the markets. A lot of uncertainty on the geopolitical front. David on one hand you have that of grants. Terms great headline here out of bank of america. They released her latest report. G20 plus fmoc equals perhaps a good formula for ef. We are flat on the benchmark. Coming off three weeks of gains for global stocks. Four weeks of gains. Study in the treasury market. Flip the boards and look at where we are on the currency markets. Also on china. Where are we here . I am looking at a lot of the pairs. Dollar is still on the back foot. South korean yuan topping the list earlier. Looks like we will have a mediocre
This week is shaping up to be a big one for global trade which is in its biggest state of flux for decades. As World Leaders prepare to talk trade at this weeks 620 summit injapan china has repeated its warning that tariffs are a threat to the Global Economy. The remarks are aimed squarely at the us and come ahead of President Trumps scheduled meeting with his chinese counterpart xijinping at the 620. Its a meeting that many investors are hoping could lead to a breakthrough in resolving their trade war. Thats the biggest of several battles President Trump has started to try and resolve what he sees as unfair trade practices. Its led to tariffs on 360 billion of goods. Thats 250 billion worth of stuff the us buys from china and beijings retaliation of tariffs on 110 billion worth of the stuff it buys from the us. President trump has also threatened tariffs much nearer to home. Last year 346 billion worth of goods came north over the mexican border. Levies have been averted for now but c
How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall affect market to very stable. They let go because the data makes too much sense to start a export growth. Dollar rallying higher. Will it play in for the Federal Reserve thinking of a rate rise . Is this exporting deflation to the rest of the world from china . Will it mean they are less likely to do rate hike . Dollar goes higher. 1. 9 higher. Willolleagues in asia point you through that. Other Ass