You can see individual markets and you can see how we are seeing most of these north asian performers here. Hong kong is up about. 6 . We just heard from carrie lam who said the social distancing measures may be on for a while in the city. Jakarta coming on pretty strong. We are counting down to that rba Rate Decision and the budget announcement. Super tuesday in australia. We take a look at the yield curve as well. That will be the story here. A massive steepening overnight. Take a look at the two and the 10. As well as the 30 year. That yield reached the highest since june as we continue to price in this blue sweep. Powell the fed chair jay speaking later on. We will watch the aussie 10 year. 89 business points for the aussie tenure. The dollar also selling off on expectations of more fiscal stimulus. You do have the aussie as well. That has been gaining ahead of that dual announcement coming through. Heading closer to 6. 7. Haslinda we want to show off u. S. Live pictures. Mike pomp
Have we reached a bottom or is this still more room to fall for oil prices its possible that theres more room to fall if opec and plus russia doesnt actually end up coming through with those supply cuts if they dont then you could see will fall further and therefore will fall through the 50. 00 to 55. 00 area i think in the near term youre going to see a lot of traders get on shorts and take that lower but i think that will be short lived i think ultimately the risk is really more to the upside than the downside and so there are actually traders out there you know ranting supertankers and will facility space in south korea to the to the millions of barrels of oil that theyre storing on that oil will eventually rise and i believe that theyre right now sean are we still looking at a chance that chinese Oil Storage Capacity could actually run out and oil prices overshoot even more to the downside. Its possible they dont really publish their numbers officially but from what i gather theres
Production. All of the sos are Available Online and of course you can share and discuss on africas Facebook Page and other social media platforms. Crime fighters tune in no. Friends trying make up almost and speeds towards a deal with canadian competitive as it tries to compete with bigger rivals from china. And elsewhere in big tech meet the activists trying to improve conditions for workers of amazon. And the end for the end of the road for g. M. As iconic holden brand by the australian Prime Minister is fuming about the news. This is the degree of business on robots in ballet. Well come along. Friends try to make up all stem is fast approaching a deal to help it counter the growing threat rivals in china it says it signed an agreement to buy the realm of canadas bombard up to 6200000000 euros but body which makes trains for the likes of London Underground is looking to make major changes to deal with its debts allston is also keen to complete the deal to e. U. Regulators blocked its
Also cut supply again by 1700000 Barrels Per Day though any decision made was obviously take time to implement so where do you think this equilibrium is at and have we reached a bottom or is this still more room to fall for oil prices. Its possible that theres more room to fall if opec and plus russia doesnt actually end up coming through with those supply cuts if they dont then you could see oil fall further and if oil falls through the 50 1. 00 to 55. 00 area i think in the near term youre going to see a lot of traders get on short and take that lower but i think that will be short lived i think ultimately the risk is really more to the upside than the downside and so there are actually traders out there you know running supertankers in. A facility space in south korea to the tune of millions of barrels of oil that theyre storing on bets that oil will eventually rise and i believe that theyre right. Are we still looking at a chance that chinese Oil Storage Capacity could actually run
Corona virus in hong kong. And he killed thousands of people and caused untold misery yet colombian drug lord Pablo Escobar is still treated as a hero by many but now the families of his victims have found an unusual way to fight back. And at the laureus sports awards here in berlin theres no one better than snowden biles the american gymnast winning sports woman of the year for the 3rd time formula one champion Lewis Hamilton sharing the mens award was football legend legal mess. I brought in thomas great to have you with us today. A document leaked to a d w news has exposed chinas mistreatment of its Muslim Minority we are people the United Nations estimates that as many as 1000000 we gores are being held in camps in the shin jang region and chinese authorities have long insisted people are there of their own free will and that theyre receiving occasional training their tribes government has also claimed that these Training Centers are an effective tool against islamist extremism but