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Texas sees record daily infections. Walmart demand shoppers wear masks. Some of the most prominent have beenn america hacked. We will have the latest. Lets take a look at how we are shaping up when it comes to the futures session going into the start of trading this thursday in asia. Take a look at u. S. Futures pointed a little bit to the negative, flat at the moment for futures contracts after u. S. Stocks climbed to her than a one month high. We had renewed optimism that we are getting closer incrementally on this Virus Vaccine Development front, not just with the news on moderna, but also a rival set of trials being conducted in the u. K. , reporting some progress. We saw the s p gaining just shy of 1 and actually manage a drift back into positive territory for the year, albeit brief. Chicago looking modestly higher after the bank of japan governor , kuroda, provided some clarity albeit still a very dire outlook whe ....
The governor of texas warns of a massive outbreak. The imf adds to the gloom, further lowering its Growth Outlook, saying the pandemic will cause even more damage than first feared. Haidi that lead really playing into the downside we are expecting in the asian market session. Lets get it over to Sophie Kamaruddin in hong kong for a look at what we are expecting. Board, pulling up the asian futures pointing to losses of 1 or more amid the imf. Warnings of a deeper recession with japan and the Growth Outlook taking a hit. 1. 2 in theup by red this morning. A down day with trade disruptions back on the table alongside virus risks. Flipping the board, we are seeing bonds on the advance. Aussie tenure yields off by four basis points. Treasury futures to the upside after the overnight flattening we saw in cash yields as the ....
Florida sees its biggest oneday rise, some of hollywoods biggest names test positive. And chinasotest crackdown in hong kong seem to have spurred a reaction at the ballot box, voters have turned out in the hundreds of thousands. Lets look at how the week is setting up in asia. A pretty positive lead, asian stocks will keep the rally going. About half a percent after the u. S. Stock rally extended that weekly gain on friday. The s p 500 outperforming the nasdaq for the first time in two weeks. That bifurcation will continue. Nikkei futures up 0. 3 . Trading in chicago after a three i Third Straight weekly decline, continued concerns about another wave of virus cases in tokyo and elsewhere in japan. 1 ney futures setting up for 1. 6 higher. New zealand, blue signals when it comes to trading kiwi stocks after that threeday selloff, up 0. 7 . The level of Foreign Investors pil ....
Asiapacific benchmark. Jakarta coming online. Of 1 . F 6 10 u. S. Futures are flat and so are nifty futures. At thatbe looking downgrade of indias outlook to negative. The country at risk of falling into junk status. When it comes to some of these markets, singapore reopening phase two today. The peak p, is the biggest loser on the board. Elevated. Ocks are we are expecting that we could see some action from the pboc in the next coming days. Could we see it in the form of a triple are cut . The chinese bond market has stalled a bit. We are still seeing yields go lower today. Take a look at currencies first. The dollar set for a second week of gains right now. We are watching the pound really closely. The bank of england expanded by qe program. Renminbi is steady around 708. The rupiah, we are focusing on that. B. I. Cut rates yesterday. More easing to come. Trend is steepening getting tired right now. Businesses have fears of a second wave. U. S. 10 year is down to 70 basis points righ ....