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
The trend of bad mondays but contracts for major indexes shaking off losses to gain more than 1 . 2 on the euro stoxx 50. Global cases of the coronavirus than 3000,000, more died in spain and italy over the weekend as medical experts say deaths in the u. S. Could reach 200,000. The Oil Price Slump continues with wti briefly dropping below 20 a barrel in new york. Brent prices are at a 17 year low. Just under one hour away from the start of cash trading across europe, you saw briefly, futures here in europe are more than 1 . Euro stoxx 50 futures up. They are trading out 1. 5 percent to 1. 75 . Futures also showing gains. Friday was a down day in u. S. Indexes so you could see today start off risk on. What do you see on the gmm . Anna interesting to see those futures looking strong. When you look at the gmm, you get a different picture. This is the Asian Session and how it looks right now. Msci asiad. 4 on the pacific. The australian and south korean markets in positive territory but th
No limit, the ecb unveils a 750 billion euro bond buying plan to sue the markets. Christine lagarde throws the full weight of the central bank behind the single currency. The greenback becomes the haven of choice as u. S. Futures selloff again. Liquidity evaporates in the fx markets on fears of a lockdown in london. Stimulus from every angle, global fiscal support soars to trillions of dollars. I count almost 4 trillion of support. The rba cuts rates. Until the one hour start of cash equity trading in europe, and it looks like the wheels are starting to turn in little more risk on. Futures in europe are higher, they were lower minutes ago. Coming back as we see asian markets closed. S p futures still down 1. 6 , nowhere near the limit they bounced off of earlier. U. S. Futures also showing smaller losses than previously, as all this stimulus comes out. We are hearing talk of one trillion from the u. S. , 800 billion from the ecb. It adds up to about 4 trillion from Central Banks and go
Import and inflation data. Lets have a look at other price action, some of the stocks to watch. As the yield is lurching lower, some changes, but look at the dollar spot index as it moves to the psychologically important 100 level. A bit of appreciation as we had malaysian bonds kept on watch. The ftse index weve been talking about. 9 sinceices are down september 15. Thats currently what we have and we are seeing prices recovering a little bit, two cents. 17. 84 for an ounce of silver. Lets take a look at what else is going on. Weve got events in hong kong, certainly leading to corporate there. Perhaps trying to get on the right side of the narrative, which is the subtext behind the protests on the streets of the territory. Heres su keenan with the first word news out of new york. Su lets get to it. Second hong kong developer says it will offer land for Affordable Homes if the government moves to invoke legislation. The South China Morning Post says Henderson Land will provide one mill
2018. the hang seng down less than powered by more than 2700 journalists and analysts in more 0.1%. the msci asia-pacific index than 120 countries. clinging onto gains. i m su keenan. paul: thanks. where we see the most pressure is in s&p futures. staying with the fallout from the coronavirus. down roughly 0.3%. a number of new cases and deaths from the outbreak in china. that after the benchmark did close at a record high. i want to give you a look at the the center of the epidemic sector view. counting.s beingest performer there are almost 50,000 cases. technology and real estate. tech up 0.3% now. on the ground, selina wang in calling to the downside, health beijing. tell us more about this new care and finance. methodology. change is a massive year-to-date, health care is one of the best performing sectors. back to you. paul: thanks. leing to a massive jump in the number of confirmed cases, sarah ponczek there. let s check in on the first word nearly 15,000 today. alongsi