That has been totally unpredictable and has led to this word going on forward, which is uncertainty. Uncertainty and economics, uncertainty across investment. Says it isnuchin across finance as well. To me, the hard question here, forget about hong kong, about Boris Johnson talking about the fdr new deal for your united kingdom. Windows thehing is next round of fiscal stimulus appear. Jonathan there will be huge pressure to deploy yet. The message from chairman powell is we will not fully recover until we control this virus in this country. And the radical uncertainty being expressed by policymakers by fed chair jay powell as well as Steven Mnuchin gives people certainty that we are going to get more stimulus both on the fiscal and Monetary Policy front. Among the things i am watching today, we are getting a further read on the Housing Market after the pending home sounds data pending home sales data. We are taking a look at where prices are increasing the most. We will be hearing from
Businesses are failing, tourism has collapsed, and confidence is shot. Sweeping new security loss for hong kong later on tuesday after imposing visa bans on americans it says are interfering in its affairs. Look at the take a set up after the u. S. Paring back some of the gains. Betterthanexpected housing data overweighting these continued can turns and continued resurgence. Continued returns and continued resurgence. Sophie. Sophie futures are pointing higher. Chinese pmi is expected to show some stabilization from manufacturing while Services Face a setback. From south korea, we are getting a may industrial output. That was a bigger contraction than the expected 4. 5 via well vol that was seen in a survey. Nikkei futures in chicago heading higher and this is adding up the topix for the best quarters 2016. Since 2013, for the last of market rights, raising concerns with heavy concentration on japanese growth stocks. The yen wrapping up a sleepy quarter. Valuations as cheap as they com
Pursuing solutns for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. Host this is outside source on bbc news viewers in the u. K. And around the world. We are covering all of the latest on the coronavirus in britain and globally. Staggering jobs figures from the u. S. The number of americans filing Unemployment Benefits since march nears 40 million. China decreeing new National Security that will give it an even firmer grip on hong kong. Activists fear it is an attempt to limit freedoms and silence beijings opponents. At least 80 people are killed as a cyclone leaves a trail of destruction across parts of india and bangladesh. And we delve into the politics in brazil as the number of deaths from coronavirus there nears 20000 and infections skyrocket. Hello, and a warm welcome to the program. There are now over 5 million confirmed coronavirus cases worldwide, and roughly one third of them are in the u. S. , where the pandemic continue
Maybe we will hear from secretary pompeo. E had the New York Times story about Chinese Students in america, but i agree with you, it is incredibly fluid. We spoke with lord patton about an hour ago, and he was deeply emotional about this moment. What am imagining is he was the last governor of hong kong before it was headed over in 1997, and i am trying to understand what he thinks foreign governments should do at this point. We will be talking about the special trading status over the next few hours. I just wonder whether it makes a difference whether you whether the United States rescinds. Clearly thatvery the Trump Administration cant do this alone. There has to be a developed economy and developed politics , with 2047 being slammed forward to where we are now. Jonathan 90 minutes away, jobless claims this thursday morning, which means we got to look at some ugly jobs data. Lisa and one thing i have been noting is that the pessimism we are seeing in the Economic Data contrasts compl
I am Francine Lacqua in london. And little optimism seems to be fading away. We have the 600 opening unchanged. A lot of focus is on the economy. We had a little macro risk out there for now but they seem to be in check. We are getting euro area september manufacturing pmi, 45. 7 is a touch above estimates. We expected a 45. 6. It is below 50, but 0. 1 percentage point higher. The u. S. 10 year yield at 1. 72. Coming up, we speak to david herro on the fallout from the Credit Suisse scandal. That interview at 10 30 a. M. London time. Herros is the biggest shareholder for Credit Suisse. A jinping has kicked off massive military parade to mark 70 years of communist rule and pledged complete National Unity as democracy protesters rally in hong kong. Lets go to hong kong with Stephen Engle. What is the latest . Stephen tens of thousands of protesters are defying a police fromand they are marching the eastern part of Hong Kong Island to central and beyond, perhaps even as far as the Liaison