Effect. Is still flat,n and we are watching the korean won, seeing some slight weakness this money. Indonesia is coming on the line at the moment. Chinese stock continues to extend these gains, after the reopening of the holidays. Pointing positive as well. We are spending some Inflation Numbers coming out of india. Where watching the commodities of course. That slide in for the second day. Supply constraints are starting to ease right now. Bolivia and its biggest both owed could be at capacity. And a bit ever treat in iron ore. A bit of a retreat in iron ore. Tom there seems to be potential for the currency to resume gains. Lets discuss now with fred neumann, cohead of Economic Research at hsbc. Let us bring you an update on the nba. The l. A. Acres definitely l. A. Lakers have beat the miami heat. The l. A. Lakers have now won the chairmanship 17 times. This puts them toasted so the caltex. Season one longest record. The nba was effectively frozen out by the controversial tweet back
More Domestic Travel to a little more overseas travel now. Theaad lets get to markets and have a look at what is going on. Nikkei, in with the leading japanese shares, just seeing stocks drifting to the upside. We did see jobless numbers come out. Slightly better than expected, looking for a 3 jobless rate, but 2. 9 . Looking elsewhere, retail sales out of hong kong, looking also at the futures for the u. S. , pretty much flat. Asian equities drifting slightly to the upside. Looking at the shanghai composite, lets look at how the gpi is behaving as well. Just about flat. The shanghai comp, 0. 2 lower. Chinese Economic Activity continued to rebound. Expansion in manufacturing activity, just slowing slightly there. A Rate Decision out of australia later on. Expecting the rba to keep rates. And the singapore market 0. 6 lower. Quick check on the currency is, weve got a fifth straight monthly drop for the dollar. Bloomberg dollar index down by 0. 25 . The yen, a tad weaker. Euro currently
They did get back to gradually. As the number of confirmed infections passes 600000 is the strategy having in effect. Because its been a cathedral a mosque and a museum now istanbuls famous high as the fia is at the center of the political battle that put up implications for 2 of the Worlds Largest sets. First welcome to the Program International tensions are growing over Hong Kong China says it will respond with quote corresponding measures if britain goes ahead and grants residency rights to 3000000 eligible hong kong as the u. K. Offered the safe haven as on home Police Arrested hundreds of prodemocracy democracy protesters rallying against a sweeping new security law. Hong kong activists say their freedoms are being eroded however beijing says the law is necessary for the city to prosper and that many countries welcomed this. On behalf of 53. 00 countries cuba welcome to the law of the peoples republic of china on safeguarding National Security in hong kong at the session of the Un
On. The program. Is set to take the next step towards drafting a controversial new security law thats increasing tensions with hong kong critics say the. Right to free speech and. Control by china protests have been escalating ahead of the changes demonstrators say. The. Special one country 2 systems statics. On wednesday protesters also gathered in opposition to a bill criminalizing disrespect for chinas National Anthem. Thousands of hong kong residence defied Police Orders and took to the streets demonstrating for their independence and against chinas efforts to tighten its grip on the semi autonomous region the protesters were met by a Strong Police force which fired pellets filled with pepper to disperse the crowds and arrested hundreds one of the residents concerned a bill threatening anyone who disrespect the Chinese National anthem with up to 3 years in prison. Im worried about the National Anthem law i know it will pass in the Legislative Council because prostitutes that lawmak
Rescue. European Commission Wants to raise a 750000000000 euro fund but 1st they have to get all 27 members to agree. Hello and good to have you with us beijings National Peoples congress has overwhelmingly approved a plan that allows china to begin imposing new laws on hong kong controversial security law will bypass the territorys legislature protests have been escalating ahead of the changes critics say the law will remove advocates rights was free speech. Controlled by china and demonstrators say the law violates the freedoms promised under hong kongs special one country 2 systems statens. Florences is a freelance journalist in hong kong and joins us now from there tell us what will beijings new National Security law mean for hong kongs future. Well im afraid the real answer for most the hong kong people at the stage is we dont know or at least we dont know and actually that aggravates the anxiety because there has been much meat here on do you story question obviously end of use v