Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When we look specifically at Chinese Markets themselves, we did have the csi 300 already near the fiveyear high. The csi 300 a little weaker, down by a 10th of 1 . Korean airlines coming out and saying they are going to to buy. 8 trillion yuan an airline. Raising 2. 5ng to be trillion. That is a bit of corporate breaking news. Lets get over to julia. She is at jp morgan. Thank you for joining us. What was your main takeaway . Controls glance have been maintained. Still looks like their recovery is pr
Concede and what this means for trade deals with china as well. Don i read about the trade deal. It is on the back burner for americans because both candidates, both parties are reticent to sign those deals. We can touch on that, but front and center in the nation is the stepbystep, the back, tweet by tweet with the president , but er than that is the pandemic. It was the oddest of weekends. Francine it was a busy weekend, and here in the u. K. With news that Boris Johnson, who contracted the virus in march, even went to icu, now having to selfisolate after coming into contact with someone who tested positive. We will have plenty more on that , and the consequences for brexit. First lets get to bloomberg renews with ritika gupta. President elect joe bidens top coronavirus advisers say a National Lockdown is not on the agenda. One of them, the former surgeon general, who says the approach to fighting it is a dial that we turned up and down, depending on the severity. U. S. Case records
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Thank you had Industrial Production numbers as well and investment rose faster than expected. Oil demand is suffering a fresh blow from a resurgent of the pandemic keeping frustration on opec members as they prepared to meet this week. It is 8 00 a. M. Across the emirates. Got quite a rally. Futures. E, u. S. Equity not a lot of Economic Data expected in the coming days. A lot of the focus is going to be on the raging impact of the coronavirus not just in the United States but beyond. Percent higher. Morgan stanley joining Goldman Sachs in pinning a positive outlook for equities. Their base case for it to reach 3900 by the end of 2021. 10yearyearolds yields at a dip it gave it a few goes. Fews going to go be a pesky trading sessions. Bowe bergdahl are down. 25 percent. This new trade deal adds to negative dollar sentiment. 1 as we countby down to the meeting. Gathering sion it is not a policy what is underway in the markets over there. We are seeing an 11 session of gains with the Msci
Long welcome to eco india. To be we look at how economic progress can happen in the be and vibrant. While goober the Packaging Industry is criticized for heavily contributing to plastic pollution banning existing practices is not possible yet until a feasible and sustainable alternative is provided a belly this company is attempting to offset this problem by manufacturing 100 percent natural biodegradable and compostable packaging in tableware and providing a model to move towards a Green Economy. In light of major Health Concerns and Vice President environmental damage india has pledged to eliminate single use plastic by 2022 implementing the ban however will be difficult the countrys Plastic Industry is one of the biggest in the world. But the decision also opens the door to alternatives the green sector is now creating much needed job opportunities. Like here in this factory which makes 100 percent composite to build tableware from bio waste like sugarcane bug at. 21 year old kumari