Top producers consider even deeper output curves. Shinzo abes state of emergency now covers the whole of japan after critics said his initial virus response offered to little, too late too little, too late. Shery breaking news out of south korea. We are getting the jobless rate coming in at 3. 8 . As expected, a rebound from the previous month of february. February was a 3. 3 . In the month of march coming in at 3. 8 . In line with estimates but still a rebound. Of course, we have seen weakness in retail and hospitality, employment, given this coronavirus pandemic. The government has tried to create jobs and that has helped the economy. They of course have already passed a 10 billion extra budget, but we are now seeing the jobless rate climbing to 3. 8 . This as president moon jaein has called for more aggressive measures on job creation. Of course, moons Ruling Democratic Party of korea just won the implementer elections. Take a look at how markets are trading at the moment. We are se
Johnson threatens a general election road map begins with new tariffs on chinese goods hitting over the weekend. No talks between the u. S. And china in sight. Hurricane dorian battering the bahamas as coastal u. S. Braces for the worst and a longer wait for boeings max, could friction between the company and air safety authorities threaten a new delay for that fleet futures, though, slipping after the new tariffs on roughly 110 billion in chinese imports went into effect on sunday. The 15 u. S. Duty hits consumer goods rafrning fr s ranking fro apparel. Reports say that getting some parameters for new talks is proving to be difficult. Exactly i think that if you want to look at the bright side of that, the preopen this morning says there was no real hope for averting the tariffs. It is not as if you have a deal being handicaps now in terms of what the market is expecting on the other hand, bond yields still at their lows, not giving much of a sense that were through this period of jus
time in nine months, restaurants can resume indoor dining in some parts of california, and museums, zoos and even sports stadiums can reopen for limited in-person crowds over the next few weeks. in just moments california governor gavin newsom is going to join me live to talk about his state s reopening efforts and the recall effort against him in part over his handling of the virus, but we re going to start today with cnn s nick watt in los angeles and a closer look at the push to roll back restrictions. bars and gyms will close effective midnight tonight. reporter: one year ago today california s pay area announced the first stay-home order in the land. this week a new dawn in the golden state. we re thrilled. we re thrilled to be back open. reporter: angelenos in limited numbers can now eat inside restaurants again. we hope that the state doesn t yank it us from again. reporter: some movie theaters in tinsel town reopened after 362 days. we ve watching tom &
Left in asias once a dominant commodities trade off. Kong markets are getting set to come back online after the Lunar New Year long weekend. Chinese markets are still away until thursday. We take a look at what is going on in the hong kong stock exchange. In terms of a handover, not much of one after that stellar performance by asia shares on a monday driven largely by Japanese Equities that had their second best day of the year. We saw a little bit of a failure to extend those gains in the european session. We are also seeing u. S. Futures trading down as well. Lets take a look at where we are moving in terms of markets. A big week when it comes to markets. It over to sophie for a look at how things are going. Ie as you pointed out, u. S. Futures are declining. Taiwan and a vietnam also closed for the extended holiday. The nikkei and topics snap a topix snap amb threeday climb. Seoul, and for decline. In kuala lumpur, stocks are sliding after a fiveday bend. We will see whether or not
Good monday morning. Welcome to squawk alley. Were at post nine john fort is live at one market in San Francisco what a morning, guys, for the first day of the second half of the year not only is the dow set a record high, transports setting the first record high since the beginning of march but you have the ten year at 234, above levels that they said were critical. What does this say the dow, the transports, financials, its coming to some degree at the expense of the big cap techs. Seems like a first of the month effect june if you remember, june 1st, market was up. 75 you have the 2430 in the s p 500. You closed june below. That it seems like a rush of money. People looking for that rotation to continue into july. Does it count on a shortened session . I it this prices count do we have a majority i dont know exaggerated on some level in term of the magnitude of the lift especially after the open certainly got our attention well see if we get any followthrough after the holiday. Join