Lot of panic just yet. Nifty futures in the positive in singapore. But see how other markets are faring. Jakarta coming online. That is 1. 5 lower in indonesia. We are watching chinese stocks under a bit of pressure. As we see shortselling on these local exchanges, reaching a record. Hang seng down 112. Hsbc and Standard Chartered having another bad day. And the kospi as well, 1. 5 lower. As take a look in terms of what we saw overnight. The dollar very much in focus. The biggest gain in three months surged on this haven buying. We see real yields are higher. Those things have stabilized a bit. Did see brent crude actually, wti falling from 4 overnight. Gold is hovering around 1916 and silver really took the biggest hit yesterday with the fall of nearly 8 for silver. Taking a look at fx, with that dollar, we are seeing negative reaction that comes across g10 in asia fx. You see the pound. Cultic concerns back in the forefront. We could hear more from boris johnson. The Prime Minister h
Change his mind about approval. Latery powell will say that the u. S. Economy is improving, but has a long way to go before fully recovering from the virus. The st. Louisrom fed president this hour. Haidi investors are waiting to hear from fed chair powell. But we know the gist of what he is likely to say given that the commentary has been around how recovery will be, managing expectations. The recent fairly positive data points we have gotten. S p active futures after the session overnight really erasing some of those earlier losses as well. Some of the gains we have seen trading flat at the moment. U. S. Stocks fell. Could have been worse if not for that rebound in tech shares stemming the losses. It did get close to that threshold to be considered a market correction. 0. 1 ires down by should say by 1 at the moment. Japanese markets are closed for a second day this week for the autumn equinox holiday. ,ydney futures down by 1 trading in new zealand down by 0. 1 . Victoria has come o
So were keeping a close eye on that. We have David Rubenstein joining us from the carlyle group. He has a great book out about Technology Giants who lose their worth after they get over a billion. It is gravy apparently after that according to him. Well get the latest on new york city. We know the possibility restaurants there will be closed through the end of the year. Now word that schools will open up but not for another couple weeks. It was supposed to happen by the 10th. Now pushed back to the 20 first. Even that looks kind of dicey. The big apple and all the problems apparently cant stop. It feeds on itself. Back to the major story, the lead story, the president of the United States going to kenosha, wisconsin. Normally president s when they hear local leaders are complaining they dont want to see them they back off. Not this president. Not this time. Mainly because not all local leaders feel the same way. Well talk to one congressman who welcomes the president. Says the city and
Trying to taste you never really charming. Why did you lose the resistible. W. 0. During our forest sell off the electric car maker 10 flights preparing to offload 2000000000. 00 worth of stock this just by c. E. O. Elon musk insisting the company doesnt need that cost will go to wall street to find out whats behind the surprise move. To argentina government takes hold talks with the International Monetary fund the government hoping to renegotiate a monster blow that critics say is contending the countrys economic misery. And consumer culture are a very worst every year billions of dollars worth of returns processed it ends up a landfill will tell you why Online Retailers like amazon prefer to burn on ones of products that dont make. This business on k. Ferguson welcome tesla c. E. O. Elon musk was once again surprised markets this time with the announcement of a major stock selloff and we can see just how a major right here shares worth 2000000000 dollars will go on sale the decision
That our allies and partners around the world do the same. But salomone had the full support of irans government we received irans highest military award last year as tensions between the u. S. And iran so the money continued to support shia militias including the hezbollah brigades who were targeted in 5 u. S. Is strikes last week after they fired rockets at a us base he survived many attacks on his life inside iran and abroad but it would be in iraq where shia militias trained by his could force killed hundreds of americans that the u. S. Indeed has writing age 62 shallow ballasts aljazeera. What on lebanons Foreign Ministry has condemned the killing and has asked for the country to be spared from any repercussions comes after lebanons hezbollah leader issued a statement value to pursue the punishment of those who are behind sort of moneys killing. Said its the responsibility of own fighters around the world he said they will work day and night to achieve his goals. Do not correspond