Thedual listing could be biggest share sale in history. Softbank makes headlines again. Amassedid to have 20 billion in a stock trading movement despite a skeptical response from shareholders. Lets take a look at how markets are trading at the moment. At this as we are just getting some line through when it comes to the reserve bank of australias assistant governor. They are giving a speech saying it is more complex to assess the policy stance than it has been in the past. Due to the economic and fiscal conditions at play. We will continue to monitor some of those comments and we are also looking ahead to the rba Meeting Minutes as well. We are seeing downside in the first couple of minutes or so, trading in sydney on 5. 1 and then new zealand, that market is back to modest gains as we continue to process the outcome of the victory we saw from the Prime Minister and her resounding reelection effort over the weekend. The nikkei 225 seeing upside when we get into the open of. 25 of where
Tom for the International Audience and for you, i will just say that the nation stopped to see this. There is no other way to put it. Obviously a Vice President ial debate, Kevin Cirilli is on top of that. But far more, we will find the path of this virus with the president. He says he is maybe not immune. Rumor has it he is not immune, he does have the virus. So we will see on that. But far more, we will see the polling after the debate, and then the polling after this illness, and that will be fascinating. That is a great unknown. Francine and that will of course play out into how the market perceives the election on november 3. Less than 30 days away. Lets get to first word news with ritika gupta. Ritika President Trump is released from the hospital where he was treated for coronavirus, leaving Unanswered Questions about his condition. The white house doctor says the president may not be entirely out of the woods yet. He said further care would be provided over the next few days. Pl
An agenda and a religious influence her decisions. This. Is it justice activists who tried to steal from a museum in paris are being tried for attempted theft in france but they say taking back what is right. And good to have you with Us European Union countries have agreed a common strategy for restricting travel from coronavirus hotspots e. U. Ministers meeting in luxembourg to traffic lights system showing regions orange or green depending on the number of infections leaders hope to avoid a repeat of the confusion that disrupted travel across the e. U. At height of the initial outbreak this spring. But for more lets bring in. Get hes following the story for us in brussels talk us through these european traffic lights hows that supposed to work. The european traffic like to test for colors actually red for dangerous is owns orange for medium infection rates and green for countries and regions which ok and grade for those countries who dont give the data to the e. C. D. C. The Europea
They should spend money on the Green Economy. California governor gavin newsom announcing he will says out sales of gasoline powered cars by 2035. To replace them, significant investment will be needed. We saw tesla and volkswagen making announcements in electric vehicles. Sell green eu will bonds as part of its recovery. The ecb will start buying bonds leading to environmental goals as part of its stimulus. It helps the climate and economy. As more job losses potentially become permanent, new green opportunities could be the answer. You will find parallels in history where Government Spending restructures the entire economy, especially when you look back at world war ii. What california announced today could be the beginning of this green restructuring. Joe california on its own one of the biggest car economies in the world. That state has often come out ahead in terms of green standards. Gavin newsom saying any car sold by 2035 and beyond has to be a zero emission vehicle. At new hea
Fed will look for. You have retail sales and they are in positive territory, but the rebound is slowing. How do they digest the data . Catherine a lot of people are looking for whether or not the fed will alter the economic rejections. They have been very limited. A downside perspective for the u. S. Economy and some people are saying the data is more positive. Optimistic, is too i think the fed will not upgrade their forecast because the data coming in, everyone expected to be a balance, but there is a loss of momentum, and if we take a broader perspective, it is fragile. Guy so, september we get the summer of Economic Predictions updating us into 2020. Do you think we will see the average. Moving higher quest average dot moving higher and rate heights hikes being priced in . The market is not set up for that. Guy there is no prospect for any rate hikes. That has been clear and put forward in language that is uncontroversial. No rate hikes, at all. The market may have interpreted aver