Asia braces for a second wave. This hour brings the latest check on the japanese economy, we await gdp Growth Numbers in a quarter dominated by the outbreak. Lets take a look at markets as we set up the trading session. We are seeing this with u. S. Futures. Backandforth between washington and beijing really dominating our can sentiment at the moment. Seeing new zealand trading on , as new zealand moves out of the restrictions. Positive upside,. 6 higher for australia futures going into the start of trading today. We are watching the yen, which has been seeing strength. Looking at positioning by money positionsnet long yen are being extended. There could be further upside with the japanese currency. Seeing upside continue with wti. Gains ineen the recent oil, shery. Shery we see more economies reopen and we are hearing from apple. They are saying nearly 100 stores globally have opened their doors again. Are refining it doesnt mean stores will not be shot if needed. Apple saying the sto
Lets have a look at what has been really driving things here, haslinda. Haslinda the focus this week for markets will be that policy meeting in china. Fed chair Jerome Powell says a new rebound in u. S. Growth depends on the delivery of a vaccine, but he stressed that the economy will recover eventually. This economy will recover. It may take a while. It may take a period of time. It could stretch through the end of next year. We really do not know. Powells remarks follow a warning that and our chief asia correspondent, enda curran, joins us now. Away . S the key take powell saying he is not looking at negative rates. Enda not looking at negative rates, haslinda, but also saying they have some options on the table. The fed has done so much in terms of cutting Interest Rates. And all of the liquidity measures it has taken, they still have the option of doing what the bank of japan does. Yield curve controls. Some of the commentary now will be a around whether or not the fed starts tryin
Joy for amazon after poorly profit falls for the first time in more than two years. Shery mike pence sends messages of support to hong kong protesters. Check of theuick markets. Australia has open. Sophie . Sophie we are headed for mixed start with aussie stocks nudging higher by. 1 . Set 45th day of gains. Looking for the 6700 level. Those companies have reported with more due today. We are watching Samsung Electronics on the vice chairmans retrials for his bribery case. The south korean government is announcing this morning at the country will give up its withoping nations status the wto. Checking in on aussie bonds. The 10 year yield a creeping back toward 1 . Pimco snapping up australian state debt. Of the as speculation are present and rba have to follow the fed and have quantitative easing. Euro, slipping to a oneweek low. Advance. Ed its early pmi, split, on the thought of whether a boost in the pound would result from brexit. Shery we have breaking news. Budweiser brewing for a
A south korean poll suspends his sentence. Not safe and not sound aid groups warn hundreds of thousands of Syrian Refugees could be forced to go far to. The only surviving suspect from the two thousand and fifteen paris attacks is in cold or go live to brussels as hes charged with attempted murder. And i understand how much with the soaring Philadelphia Eagles this stunned the new England Patriots to win the first ever super bowl and their biggest sport back to. Samsung ajay wiley has been freed from prison a south korean called suspended his five year jail term for bribing the described former president the Appeals Court upheld parts of the conviction but use this discretion to release the executive im just tired of reports. Leaving the sole Detention Center a free man if you would have predicted samsungs Electronics Vice chairman. Would be released when he arrived at an Appeals Court just a few hours earlier on monday. Again i feel sorry for not showing everyone my bayside and it has
Im Richelle Carey this is out to sara life and also coming up. Not safe and not sound a group sworn to hundreds of thousands of Syrian Refugees could be forced to go home far too early. Scuffles outside the headquarters of south africas one hundred years of debates the future of president jacob zuma last. I dont remember my culture i dont know my language to talk to a refugee fearful of being deported to somalia after a troubled life in canada. Samsung eriks a widely has been freed from prison a south korean court suspended his five year jail term for driving the former president. To the conviction that used its discretion to release him and reports. Leaving the sole Detention Center a free man if you would have predicted Samsung Electronics vice chairman. Would be released when he arrived at an Appeals Court just a few hours earlier on monday the older girl again i feel sorry for not showing everyone my bayside and it has been a really precious time for you reflecting on myself i will