Boris johnson is due to the side on fridawhether to walk away from the talks. New zealand prepares to vote with polls indicating the Prime Minister will be a comfortable winner. Both party leade are criticized for not doing enough for women. Breaking news out of south korea. We are getting the jobless figures for the month of ptember coming in at 3. 9 , which is much higher than analysts had expected. Its also larger than the previous month, when it came in from august at 3. 2. 300 92,000 jobs were removed in september from a year earlier and we have seen the jobless rate ssawing. We did have the virus resurgence in south korea so that hit the labor market negatively and we had typhoons in september that might have skewed the numbers. The positive boost for the labor market in south korea is the governments planned fourth extra budget that should help the employment market. S p saying it will take many years for employment to return to prepandemic levels. We have seen the bank of korea
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
In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record before finishing in the red and we spoke about tesla being a huge part of that tech eventual close lower. Nikkei futures up by. 2 percent. Sydney futures escalating in the red, point 8 lower, looking like a set up of. 5 lower, this as we are expecting an announcement today that the fed of New South Wales will ease back those restrictions when it comes to indoor gatherings at pubs after cases coming from the pubs. It is now over 20. New zealand trading modestly higher, about. 25 . Some significant
There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this week. Lets see how things are shaping up for asian markets. Monday, fragility well. On view as asian stock futures looking mixed after the regional benchmark cap to the first weekly drop in three. Patch,hitting a rough sinking more than 5 in three days. Signaling concerns around a potential recovery across the globe. Value performing decently in a for the month of we are going to find out if Central Banks will add support with rate decisions do including taiwan and indonesia. In japan, after pa
Welcome to bloomberg daybreak europe. Volkswagen saying it is almost impossible to make a reliable forecast on coronavirus. It says to succeed in overcoming the coronavirus crisis, vw will succeed in overcoming it. 2020 will be a very difficult year. The coronavirus poses challenges. It is almost impossible to make a reliable forecast on the coronavirus. You can translate that third to equity markets that through to equity markets. 1987. Drop since we have had three backtoback days of moves at 9 . How do you trade a market like this . Investable . In 24 hours, we have gone from limit down to limit up. Is this just a bear market ounce in u. S. Futures bounce in u. S. Futures. You are seeing green in japan but right elsewhere, like china red elsewhere, like china for example. A little bit of a retreat in the yen. Dont want to say that it is risk on, but a bit of a different picture from what we were seeing yesterday. Yousef absolutely. Treasuries were trading a little bit lower. This com