Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar, seeing an earlier push. Flipping the board to check in
Saying if the infection rate in new york state remained low and statewide give or take, it is low, hovering around the 1 mark the schools could open. Governor cuomo previously said if it stayed below 5 they could open if it were to spike up to 9 they would then close down so this is in line with that, what the governor is saying today. The most important part of all of this is what the local jurisdictions decide to do, and the way it played out in new york is that the local superintendents of School Districts around the state submitted their plan by last friday. Now, some didnt get a plan in at all but most did, and most of those superintendents submitted a plan that had some blended approach, meaning that even if School Districts be open to in person learning, students would not be going backtoschool five days a week, in some districts they would, but in most they would not. It be one or two or three days a week, some rotating system that allows the schools to have a smaller presence
Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the pandemic and the numbers we bring you every morning about where we stand heres where we do stand global cases now are at 2. 9 million. In perspective, cases in the United States are at 965,000, closing in on 1 million. 288,000 of those cases are from new york state with another 109,000 of them in the neighboring new jersey yesterday new York Governor Andrew Cuomo outlined the states plans to reopen the economy in phases beginning on may 15th now, the first phase involves construction and manufac
Significant Financial Centers and asia and europe there is also a significant to the unsolicited bid in the filing hong kong spirit will proceed only if l. S. E. Shareholders vote down a 27000000000. 00 all shares deal for the elysee to acquire data and tech firm or affinity that was announced in on this to analyse statement described the bit as preliminary and highly conditional still the Hong Kong Exchanges chief executive charles lee clearly tried to woo the as he would promise of stability telling reporters on a press call the u. K. Is a Global Financial center and the city of london is always going to be strong even post europe mr lee also said the bid was a vote of confidence in londons financial future in the midst of the brags that in broglio. And speaking of that we go to england now where Prime Minister Boris Johnson suspension of the u. K. Parliament has been ruled on law for our 2 correspondent Karen Franzen joins me. Now. This ruling overturned earlier ruling that said and
A very warm welcome to the program from all of us here at r. T. H. Q. And moscow thanks for joining us this hour. Senior u. S. Journalists are once again fighting over russia with one t. V. Network now suing the host of another for describing them as paid russian propaganda trying to go as a story. I do apologize were having some technical difficulties were going to go over to a program real quick and well come back when we can. Join me every thursday simon show and ill be speaking to us from the world of politics. Im sure ill see you then. Lead. Its a tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been only implemented for inside venezuela things are different were going to announce sanctions against the troll venezuela so if you. Have a supplement to. That. Data to. The people. The moment the focus of the who story isnt new makes him cold in Henry Kissinger to tell him not be to