The top of joe bidens agenda. His relations with beijing may differ in tone from the president but perhaps not in substance. The best the dollar extends its decline. Over the future of the u. S. Administration. Rise inie and the kiwi early asia trading. We are seeing those commodities and currencies benefit. Asia is waking up and getting the for the first reaction to president elect joe biden. The nikkei 225 to the upside by 0. 3 . These watching some of clean energy as well as infrastructure related stocks here in australia and new zealand. Joe biden preparing to take office as the 46 president of the United States. He is moving forward as president elect launching his transition ever and preparing a plan to tackle the coronavirus however, President Trump still refusing to concede while weighing more legal challenges. Mr. Biden the people of this nation have spoken. They are delivered as a clear and convincing victory. We the people. I pledge to be a president who seeks not to divide
Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to
A tiger by the tail here i think were in the midst now pending of the torch from the u. S. To china the through saturday strap is upon us. It just gets more and more evidence coming in stacy well of course we were also well ahead by a decade of everybody and terms of the j. P. Morgan raking the Precious Metals markets that happened to be also warned about to Goldman Sachs and their crime spree and of course that basically over the past few years theyve paid 5000000000 in fines they paid another 2000000000 this past week for their dodgy dealings over in asia and yet they didnt face any jail time now you know because of that crime wave that weve been focusing on and looking at because their markets finance and scandal you know the feds Balance Sheet they now own 22 percent of all marketable securities which is from 13 percent last september 2019 so the feds Balance Sheet is having to expand as the fraud expands and the fraud cant shrink because you cant taper a ponzi right exactly right
Max kaiser this is the kaiser report you know weve broken a lot of stories over the years the hoax that is the fracking industry we broke the global insurrection against banker occupation. A bunch of other ones that we were in the lead covered it nobody else did i think no weve got a tiger by the tail here i think were in the midst now pending of the torch from the u. S. To china the through saturday strap is upon us. It just gets more and more evidence coming in stacy well of course we were also well ahead by a decade of everybody and terms of the j. P. Morgan raking the Precious Metals markets that happened to be also warned about to Goldman Sachs and their crime spree and of course that basically over the past few years theyve paid 5000000000 in fines theyve paid another 2000000000 this past week for their dodgy dealings over in asia and yet they didnt face any jail time now you know because of that crime wave that weve been focusing on and looking at because their markets finance a
Time now you know because of that crime wave that weve been focusing on and looking at because their markets finance and scandal you know the feds Balance Sheet they now own 22 percent of all marketable securities which is up from 13 percent last september 2019 so the feds Balance Sheet is having to expand as the fraud expands and the fraud cant shrink because you cant taper a ponzi right exactly right that the fraud has been going exponential with Goldman Sachs j. P. Morgan and all the banks in this fed has been soaking up all the bad debt that had they kept on their Balance Sheet these banks would have had to declare insolvency. And as a result america is now losing out in the global geo political race to china i think theres a direct connection its a direct connection and now were at a stage where frankly we also broke that point. Dollar on the show you know resurrect the point now in history where the central bank is kim la bella out itself if its the only boat in the water in othe