Several areas we consider planes to reopen. Optimistic. Emains treasury secretary Steven Mnuchin says he expects the session to end this year with another Stimulus Program in the pipeline. Paul we are about an hour away from the open here in australia and tokyo. Lets get a check on what we can expect for the new trading day with sophie in hong kong. Sophie asian stocks looking at a muted start this wednesday. This after we sell stock gains fade into the close. Check out what is going on with qe markets. The qe dollar is trading ahead of the rbnz decision. In the bond space, we are seeing five basis points this morning. The central bank of new zealand seen holding pat. That is one of the items on the agenda we are watching with market very much in wait and see mode. Plenty of firepower being amassed in deal space the latest news of kp are having pulled together 10 million. Lets jump into the turn will. The terminal. We could be seeing positive mental for asian stocks. As you can see on
Because. Thanks for joining us they. Were trying these forces along the disputed border. India. Said china also suffered casualties although tension between the 2 sides have been building over the last month this is the 1st incident in over 40 years. High in the himalayas trouble has been brewing for weeks these satellite images show indian and chinese troops gathering in the disputed border region no for the 1st time in decades india says 3 soldiers were killed in hand to hand combat beijing says it was defending its territorial integrity and. Shock on june 15th indian troops seriously violated the bilateral consensus and crossed the border line twice in gauging in illegal activities and provoking and attacking chinese personnel resulting in serious physical confrontation between Border Forces on the 2 sides. This yellow line marks the boundary between the superpowers known as the line of actual control it is not a hard for china and india have never agreed on where their border shoul
Monetary and fiscal stimulus out there. Oilmarket is focused on given what opec may or may not do. Treasuries are advancing. Stocks edging lower in europe. Also edging lower when it comes to u. S. Equity futures. Investors now trying to look for fresh candidates for gains amid a rising number of Coronavirus Infections in some countries. I would point to oil as well. Annmarie hordern spoke to the russian oil minister. Chinese shares actually pairing losses after we saw the pboc saying they want the flow of credit to the economy to increase 30 trillion yuan this year. Notice bank leaving a key rate at its benchmark at 0 . Good morning, francine. President trump asked for chinas help to win reelection, that is the allegation by john bolton in his tellall memoir. The white house is seeking an injunction preventing the form a National Publishing the book. Bolton is the most senior official in the Trump Administration so far to publish an account of his experience. The president s Campaign T
More than 36 million have lost their jobs because of coronavirus. While congress has taken significant action, we must do more. On wednesday, Federal Reserve chairman jay powell urged congress to think big, address this crisis. The heroes act is a bold step to provide that support and ensure our nation meets the challenge of the pandemic and the ensuing economic recession. Within the appropriations division, this bill deploys more than 1. 5 trillion in federal funds to address this health and economic crisis. First, the bill delivers nearly 1 trillion to states and local governments so that they can keep our heroes, First Responders, health workers, teachers, and other Public Servants paid and working for the American People. I am proud that this bill will provide 67 billion to my home state of new york. Which has been hit so hard by this crisis. Second, we will only beat this disease with a Robust National strategy for testing, tracing, and treatment. Yesterday, dr. Rick bright, one o
The boe says it is examining negative rates. Emirates is considering slashing around 30,000 jobs, and bloomberg exclusive. We speak with ryanair ceo as he wraps up a legal battle with rivals. Welcome to bloomberg daybreak europe. Weve got those comments from jay powell. Japan is in recession, goldman says india could experience its deepest recession ever and we have rising u. S. China trade tensions. We continue to get breaking news through, lines coming through from ryanair which im looking for now to bring you. It sees a loss of over 200 Million Euros in the first quarter. A smaller loss in the second quarter. Thats the red headline. It cannot provide fullyear 2021 guidance at this time. In terms of what else we are looking at, it is average weekly cash burn is at 60 Million Euros, down from about 200 euros. That looks to be an improvement. Ryan are expected to be at least october for the next 200 delivery, and expects to carry less than 80 million passengers in fullyear 2021. Those