Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Trading at thell highest since november 1991. A quick look when it comes to u. S. Futures as well. S p active futures u
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Now because you are only the second wealthiest man in the world, right . Many companies are racing for a vaccine. This ceo is emma wants me. Has a vaccine that will help cure covid 19. How me times a day to people ask you when youre vaccine will be available . Regularis a very question. Have alluently, we been delighted to see the very recent years that some of the first results coming through on vaccines. Yesterday, i was on a call last globalith 10 of the pharmacy ceos that are heavily involved in bringing solutions to covid. We are excited and optimistic to see the first data come through and looking forward to seeing more come through in the next six months or so. We have three vaccines and the clinic and to therapeutic treatments. Everyone is understandably inpatient. We wipe off with the pandemic 500 billion of value with the world. I think that we can be increasingly optimistic that the science will win. Mobilizedry that has so fast it will start to bring Scale Solutions and we
Exchanges. Regulators criticize the lack of access. Goldman sachs is set to be preparing a second round of job cuts in three months as a moratorium on firing amid covid19 comes to an end. Howi lets take a look at we are setting up in the first couple minutes of sydni trading. We have had a pretty cautious trading session this week ever since we had a Technical Glitch that essentially put the asx out of action for monday. We are seeing a little bit of a flight back to the opening session as we get more clarity in terms of the ongoing trade tensions between camera and beijing. Still on the back foot trading at the moment. We are seeing outside of half a percent trading in new zealand stocks. Shery we continue to see pressure in the futures markets. U. S. Futures down. 1 after stocks pulled back from record highs. We are seeing nikkei futures down 0. 4 , coming down from the highest level since 1991. The japanese yen unchanged, although one of the biggest gainers. Virus concerns. And wti
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump