Fast jobs will return to sustain that and to turn that into real consumpti consumption. Ron, were seeing spices in coronavirus infection. Were seeing spikes in hospitalizations as well if you looked at trends in other parts of the world, you know, sometimes those do tend to follow the infection rates is it based on an expectation that may not play out. Maybe we were through the worst of this when in fact there is still quite a bit of Health Mandates just assuming we have a Straight Line up into the future i think there is room for disappointment we have higher infection and hospitalization rates. Sadly i think the death rate is followed up by lag im particularly worried about how many states and local governments will have to push the pause button or reverse on reopening efforts. I think there is choppiness ahead. I think it will be until we get here it can be rolled out basically globally tobias, i know you just had a institutional client poll. As we wrap up this Second Quarter, what
Rally has sparked controversy i mean weeks of racial tensions in the country. And anger in china china protests in india pardon me at the china protests erupt across the country in the wake of a border caution a disputed himalayan region Prime Minister Narendra Modi blames beijing for the violence and warns of his military capabilities. Im nick spicer welcome to the Program China has unveiled a draft of a new National Security law for hong kong after 3 days of deliberations. It says beijing will set up a National Security agency there to crackdown on dissent in the city its critics fear it will crush wide ranging freedoms that are seen as key to hong kong status as a Global Financial center. And lets cross over to correspond in beijing for more on this mathias what is in this draft what we know. Yeah so what weve seen today is a detailed account of the draft not the not the draft itself the draft itself has not been released to the public but the details show a lot about what they ging
Reopening on hold. The bank of japan is expected to leave policy unchanged later while reassessing measures already taken to help the virus hit economy. Look at how take a markets are doing on boj decision day. We had that ricocheting session in the u. S. Overnight. If you needed further conviction as to the hand the fed intentionally has when it comes to showing up market demand, you have the announcement from the fed really causing that gain back into positive territory after we had declines of more than 2 in that trading session for the s p. Futures are looking positive. About. 25 in the green. We are looking at chicago nikkei futures trading higher by about. 3 . We are expecting just more operational steps from the bank of japan in terms of providing support to Small Businesses to be able to ride out the pandemic slowdown. In sydney, we are looking at a pop at the open. 2. 5 higher when it comes to futures, with indicated upside of two point 5 when the cash trading session begins,
Journal, live at 7 00 eastern thursday morning. Be sure to join the discussion with your phone calls, facebook comments, text messages, and tweets. Announcer the House Foreign Affairs Committee Held a hearing on the implications of chinas new National Security law in hong kong, which has led to arrests and clashes between police and protesters. The new law coincides with the 23rd anniversary of the handover of hong kong between the United Kingdom and china. This is almost 3. 5 hours. Forum. E have a and before i go forward i understand the speaker of the house, ms. Pelosi, will be stopping by, and i ask unanimous consent that she participate at any point she arrives. And there she is. Madam speaker, would you like to make some remarks . Thank you very much, mr. Chairman. I thank you and mr. Mccaul, mr. Eliot engel for having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken in a bipartisan hous
110 per share the last time i looked. For green on the screen mainland equities. They continue to climb higher. The futures in the u. S. Are flat. We can move it on now. In terms of the dollar, there is some weakness. Trade data out earlier. A bit of a squeeze on the aussie. Concerns about the virus as well in victoria. In terms of the euro, that has been on the tail end. We can move it onto some of the commodities were looking at. This thing in terms of inventories. They have been declining but still concerns about the virus and demands there. Gold is currently at 17. 68. There is the spread that we see. Were are looking at really back termsupport, on pause in of additional stimulus to the economy. Yvonne i was hoping for some type of liquidity or something to reverse that trade. Look at what we are seeing here. The Prime Minister of australia has considered this worse. This is falling in line with what we have seen from other Global Leaders like Boris Johnson who now says nearly 3 mi