Charles evan calls for credibly important government stimulus. Australia heads into Earnings Seasons amid the first recession in decades and a virus pandemic that is crippling the economy. It promises to be one of the most challenging periods on record. Here is how markets are trading. We are seeing u. S. Fewer sugars u. S. Futures under pressure. We had ask leading u. S. China tensions fan yelling fanning the data. The bloomberg dollar index flat at the moment. This after a fifth consecutive weekly decline that will be the longest losing stretch since january of 2018. The offshore yuan is flat at the moment. This after the yuan led declines in asian currencies. We have President Trump moving to been tiktok and we chat. Hang seng futures down to tense up 1 . Under pressure from the last two sessions. It is a thin trading day. Singapore and japan are closed. We have a china data blitz that could be confirming the recovery we are seeing. We have ppi numbers. Not to mention retail sales a
Colleges are told to offload holdings of mainland companies. Australia signs a deal to make any covid19 vaccine for all. The government will distribute should it prove successful. More vaccine optimism playing out in australia. Lets look at how we are shaping up in terms of the u. S. Future session. Another renewed push of momentum in u. S. Markets overnight, hitting the record, propelled again by the same names. Also betterthanexpected u. S. Housing data. 2016 helping out sentiment, as well. We have positivity when it comes to the active futures trading at the moment. The nikkei 225 trading in chicago, looking flat at the moment ahead of a trade balance numbers, as well as machinery orders. We do have the topix, best performer in terms of Global Markets so far in this month of august. We are looking at broad weakness when it comes to the u. S. Dollar. The dollar sinking to his lowest levels since may of 2018. Im worried about the u. S. Economy with yet no relief package, stimulus pack
A mix of grief and rage as more evidence emerges the government ignored warnings also in the news mexicos former president Enrique Pena Nieto gets sucked into the scandal in latin america involving bribes from a brazilian Construction Company. And better resist Opposition Leader takes refuge in lithuania as the government is accused of violence against protesters. For the 1st time a woman of color will run for the office of Vice President of the United States after much anticipation Presumptive Democratic nominee joe biden has chosen senator come to harris as his running mate for novembers election in a tweet confirming his pick biden praised senate irises record on social justice he says i have the great honor to announce that ive picked the feelers fighter for the little guy and one of the cunts. His finest Public Servants as my running mate and here was come the harriss response joe biden can unify the American People she said because hes spent his life fighting for us and as presid
Widely condemned around the world so i wanted to have the answers she gave us. Regina that you welcome to a conference on hollow you recently wrote an article about the controversial new security law that chinas going to impose on hong kong and you said this does not to necessarily spell the death of hong kong separate systems but youre taking a huge gamble backing this law arent you because beijing has done everything it can to prove that its not interested in those separate systems not interested in freedom of expression human rights or the rule of law is it. I dont think we need to come to a conclusion because china already has its own National Security law you know which is only a few pages long whats consists mainly of principles exhortations duties obligations. I think the fact that it needs it feels like its true and that a whole call version reflects its understanding that hong kong to version which is consistent with our common law system thats why painting is going ahead to a
Practical support in the terms of the medical teams and Financial Assistance to beirut and hes offered a routine moral support as well but hasnt come from lebanon zobel little classes they havent been able to do that and theyve been conspicuous by their absence from the streets since the catastrophic explosion did not i know is that the people of lebanon have electricity shut down every day and its not working the provision of imports and exports has collapsed because of the Financial System so there arent as for the short term that we need as we know the answer is to fight corruption reform the energy and electricity systems the customs we need transparency for imports and exports we need reforms for all the sectors and insist on these changes quickly. Many beirut as most people have been left to their own devices we spent the day Walking Around parts of beirut and we saw armies of young people with brushes and dustpans and pickaxes and shovels beginning to clean up we didnt see the m