Live Breaking News & Updates on Hong Kong David Cummings
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Hotspot. Australias relations with china somewhere further. Beijing is turning the screws on their 13 billion education there, saying studying may not be safe. We are seeing u. S. Futures at the moment Holding Steady after we saw u. S. Stocks finish mixed. The s p 500, falling a tense of 1 , falling today after 8 10 of 1 , falling today after raising its 2020 losses. Concerns that rebounds could be overdone. Briefly topping 10,000 for the first time ever. Apple, jumping on a report that it is preparing to announce a mac computers. Take a look at the dollar index. We are continuing to see weakness. Losses,ine sessions of the longest losing streak since 2006. We have both seasonal trends and a dovish look. Lets see how things are shaping up for asian markets. After sevenday gains for the kiwi stocks are edging slightly higher. We could see a lower open this wednesday across asia amid signs that the 5. 6 trillion rally is looking str ....
Focus with back in more job cuts in the wake of a record loss. Lets get you started with breaking news out of south korea. The Unemployment Rate for the month of may, coming in at 4. 5 , much higher than economists had expected. 392,000 jobs were lost in may from a year earlier. 4. 5 would be the highest level since 2001. This would be the adjusted jobless rate. We have seen losses of jobs when it comes to the hospitality, retail, and manufacturing sectors. Pressured because of weakness in global demand. There was some positivity over easing social distancing. For the month of may, it seems the Unemployment Rate has jumped in april, the. 8 highest level since 2001. Theing us for more is jpmorgan chief economist. Great to have you with us. That seems to be much higher than expected. His it just the is it just the tip of the iceberg given that we are expecting external de ....