Msci Asia Pac News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Msci asia pac. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Msci Asia Pac Today - Breaking & Trending Today
Given access to voting locations. A review of ballots counted while his team were not president. The president saying he would sue to prevent the election from being stolen. The u. S. Has officially left the Paris Climate Accord, even with the full Election Results still unclear. President trump initiating the process a year ago. The exit took effect wednesday. Trump would be likely to spend a second term promoting fossil fuels and rolling back environmental regulations. Joe biden will rejoin the Paris Agreement immediately if he wins. In the u. K. , the house of commons voted in favor for a new lockdown in england. That as reported Coronavirus Infections continue to search. All nonessential businesses, venues, and stores will close until the second ....
To the upside. Other news coming through about approvals for future houses as well. The asx up 119 points. Thats move along and look at other Asset Classes. Crude trading yesterday with a 33 handle, hasnt had a huge rally since then. Part of that is down to russia and opec looking like they will not be hiking reduction in january. That news helping to propel oil prices up to over 97 in the last six hours or so. ,old remaining where it was just shy of the 1900 level. Thats ahead of the u. S. Election. The u. S. Dollar index marginally down, the Rate Decision coming expecting a 0. 15 cut in the base rate and we do have in anticipation of all that move slightly higher than that, and thats down to a commodity related currency and the crude price helping that along. Lets head over to new york and join karina mitchell. We start with the latest headlines on the pandemic. Starling fell ....
3 . 5. 6 , but improvement from the previous ask. Haslinda it does look like china continues to Gain Momentum in terms of recovery. Lets look at where we are in terms of market reaction. Just. 1 . Underperformed after its biggest rally in more than 5. 5 years. Up. 2 . Pretty muted. Belowe been dragging this 6. 8, a strengthening that we saw onshore and offshore. Jp morgan is seeing gains. The 10 year yields. Take a look. Study right now. 313 after that fresh quiddity injection. Yvonne lets break down these numbers with the head of macro resource. Chinasensus about economic recovery and renminbi since april. What is your take on these numbers . I think the number basically confirms that the Economic Activities are normalizing, especially on the consumption front. We see from highfrequency data that retail sales, etc. That were hit during covid19 are slowly coming back. Ups ....
Still a dollars story. Bloomberg dollar index looking like the u. S. Dollar is steady in the last 12 hours, but on course for potentially its worse july in a decade. The dollar index is flat essentially. U. S. Dollar, yes, i want to focus on this because 103. 50 is a key line. Modest upside for the u. S. Dollar. Japan downgraded from fitch to negative outlook. But you could see further upside. 103. 50 is a line to watch. In terms of offshore currency in the mainland, or in china, 7. 0 is what we are looking at. The euro is modestly stronger against the u. S. Dollar. Gold and silver and the yield story in the u. S. , gold started to modestly moderate. At. 6 is what we are looking silver also taking a bit of profit. Basiseld story, just 14 points for the twoyear and under 60 for the 10 year. We will see what jay powell says on whether yield control is a discussion they are ready to bring forward for the fed. A look atets have what is going on first word news wise as we look at the u. S. ....
That is where we are at the moment. Another down day for crude. Brent also down. Tom lets get more analysis on the market. When you look at what happened with help things are playing out in asia, is it taking offer a stellar quarter . Probably a bit of both. Concern withys the cases we have seen. In cases like texas. They have a bit of a crisis going on there. The fact that new york, new jersey, and connecticut have now set a quarantine for people who travel from these hot zones and the rest of america. Imposing an economic constraint. They are worried there will be another abruptness to this. That the Economic Growth that america had. In states of new york, when they take this action, that is a worrying time. That would hurt businesses on a much bigger basis. That is what wall street is concerned about. The hit to the economy. There has been talk the u. S. Government is getting ready to do a fourth round of fiscal stimulus. Ther ....