The National Guard is ordered out of washington as people protest continues. Lets check on the markets. Saw ong those gains we friday, resuming the rally on better than expected jobs numbers from that job support. We are seeing new zealand trading higher. Bouncing back from the friday selloff. Sidney, we dont have trading today due to the queens birthday, long weekend. We are watching the aussie dollar. In terms of u. S. Futures, we have seen a pop up of about 0. 5 . Lets look at the oil patch. We had the extension by opec in the alliance. We are seeing upside when it comes to crude, up by 1. 6 . New york crude just over 40 a barrel. Continued gains when it comes to commodity commodities related currencies. Sophie protests continue across the u. S. And around the world as some of the largest crowds gathered over the weekend. The demonstrations have been largely peaceful. Cities have lifted curfews and President Trump has ordered the National Guard out of washington. A bloomberg editor
Handcuffs after he was found guilty of Sexual Assault and rape charges. More coronavirus deaths in china and a sharp rise in infections far beyond stoking fears that the global spread of the outbreak is entering a new stage stocks of fall and on worries the epidemic will have a lasting Economic Impact at least 9 people have died in south korea where there are almost 900 confirmed cases u. S. Forces there are considering scaling back their military exercises irans confirms 12 deaths while bahrain kuwait iraq oman and afghanistan have all reported infections the authorities in italy have sealed off the worst affected towns in the north of the country 7 people have died there and more than 200. 00 and now infected the highest concentration outside asia as for china numbers of new infections in areas outside of who bay province are for link but there have been another 71 deaths mostly in the epicenter lets go live now to adrian brown our correspondent in hong kong so adrian on stocks and s
Of yields, and the question for the market is this. Is the fed a shoe in in terms of the rate cut that we expect . By the way, does anyone care about a 1 trillion deficit in the u. S. . Yousef the winds of change are upon us. That is what the folks at Morgan Stanley say, their chief equity strategist put out the notes. The returns from u. S. Growth were surpassed by their expectations. Lets get to some of the other market action, and a bit of a rep from hong kong with sophie kamaruddin. Sophie asian stocks are extending, but we are seeing volatility with tracking lower. Bojhead of the fed and the meetings later this week. Results. D see solid check out hsbc, the stock falling in the afternoon section. The stock edged higher in the morning session. I just want to highlight the continued selloff in chinese bonds as well. The 10 year yield dumping the most in the six months, with momentum. Oficymakers are wary aggressive stimulus. Worsening chinese Economic Data could strengthen the bull
Steve mnuchin says the u. S. And china have made significant progress ahead of new trade talks next month. Iran will also be eight on the agenda. Be on the agenda. And the alibaba cofounder steps down. Kathleen lets take a quick look at how u. S. Stocks ended the session. Lets go write down because the Dow Jones Industrial average up about. 1 . Health care stocks helped boost it. Closed minutely lower. It got within one point 6 of its alltime high. Despite the trade war a lot of people are still buying stocks. Nasdaq down about. 2 . Stock futures pointing higher. Moodys got fords credit rating. We will hear more on that is that progresses. Now i want to get right to sophie to find out how things are shaping up for asian markets. Sophie early in the session and looks like rick sentiment may be stabilizing. Stocks could be heading for a mixed start. Bonds under pressure tracking the overnight moves we saw in treasury. Kiwi 10 year. We are seeing that move lower with yields moving for bas
Now on bbc news, dateline london. Hello and welcome to the programme which brings together some of the uks leading journalists with the foreign correspondents who write under the dateline london for the folks back home. Last week, Boris Johnson was appointed Prime Minister and made himself ministerfor the union. But might he be a latter day lord north, who won power but lost britains american colonies . In hong kong, eight successive weekends of protest turned violent last sunday. Is china preparing a crackdown . With me this weekend are us journalist henry chu from variety international, Agnes Poirier who writes for the french magazine, marianne. Maria margaronis, who writes for the nation, and has presented documentaries about the greek crisis and migration, and polly toynbee, a long standing columnist with the british newspaper the guardian. Welcome to you all. Boris johnsons championship of the union of england, scotland, wales and Northern Ireland or the awesome foursome, to use t