Amazon billion offer to goes from rivals to partners as jeff bezos is willing to take a 40 stake in his indian retail revolution. At thelets take a look set up for the session of trading in asia. We saw that resumption of the loss in the u. S. How are we setting up in this part of the world . Sophie a pickup in volatility once again. In asia, futures are mixed, but we are seeing s p eminis. Chicago adding. 3 . The yen is stuck in the range with brexit risk also a consideration. We are watching tiktok reaction to trumps extension of that tiktok watching reaction to trumps extension of that tiktok sale. Jupiter Asset Management is cutting its exposure to debt of Chinese State linked borrowers so that is something to consider as well. Ahead of the u. S. Election, you are seeing one vol bets can yuan vol bets. Keeping an eye on korean bonds with potentially 6. 3 billion of supply coming through. The government may submit its proposal to parliament this friday. The global rush of Corporate
The concern about the stronger currency, not to worry just yet. We saw that euro jump. Ist weakness on brexit sparking a rebound in the dollar. Your offshore renminbi, we are set to break six weeks of gains. 683 right now. That is below 40 right now. We have copper also and gold on the back foot. Oil prices on track for the biggest twoweek drop since what we saw back in april. Lets get to the first word news, we have Karina Mitchell. Senate democrats have shut down a relief plan proposed by republicans. They failed to get the 60 votes they needed. Estimatedican plan is at anywhere between 500 and 700 billion dollars. The democrats are proposing to. 2 trillion. 2. 2 trillion. Boris johnsons government refused to scrap plans to reignite the divorce accord. The eu is threatening legal action if the u. K. Does not drop the legislation within three weeks. Thes president has painted an optimistic picture. Economic data suggests a strong rebound. They kept policy on hold for Economic Contract
Minister confirmed at least six british citizens were killed in hamass attack on israel and a further ten are still missing. Further ten are still missing. Rishi sunak visited a Jewish Secondary School as well in north london this morning, reassuring the students there his government will always support them, he told the house of commons in the afternoon. The government is going to be providing an extra £10 million in humanitarian aid for gaza, saying the Palestinian People are victims of hamas. To well in are victims of hamas. To well in are victims of hamas. To well in a shuttle round of diplomacy, the us secretary of state is in israel once again holding talks with Senior Leaders there on how to get aid into gaza. Antony to get aid into gaza. Antony blinkens visit comes as doctors in the city say theyre struggling to treat huge numbers of patients injured by airstrikes. Aid agencies say airstrikes. Aid agencies say hospitals are running out of medicines and fuel for generators with
Struggling to treat huge numbers of patients injured by airstrikes. Aid agencies say airstrikes. Aid agencies say hospitals are running out of medicines and fuel for generators with only the most serious cases given access to vital treatment. And as the two leaders shook hands on the world stage, the United Nations was warning the humanitarian situation in gaza is deteriorating quickly. Well, there is hope. Twice earlier today that aid could come in through egypts rafah crossing in the south on its border with gaza. Calls were being made for the safe passage of humanitarian aid, along with the evacuation of foreign and dual National Passport holders from the area. There was an expectation the crossing would open first thing this morning and then again, this morning and then again, this afternoon. But it still hasnt opened up despite thousands massing at the border desperate to get out of gaza. Desperate to get out of gaza. Meanwhile, in the north, hezbollah has been firing rockets at i