We will look at the reports across the Global Supply chain. Hsbc puts 35,000 jobs on the chopping block. We will find out what the bank is doing to graphs to grapple with the outbreak. Today, you had a drop in the major averages like the s p 500. The chipmakers getting hit the hardest. This is an art this is after apple of course said they would miss quarterly revenue numbers. Means is a flight to quality, you are now down about 23 basis points or so, very curious. Where they think value is for the 10 year. As around day 180 or so. Yield on the long end, that threemonth 10 year now inverted. The most inverted we have seen it since the beginning of the month. A fairlyis going to be busy day in this part of the world. His hollande new zealand trading already. Futures looking flat in australia as well. Metals, one of the big iron ore minors is reporting earnings. Also crown casino. Gold is priced in gold priced in australian dollars is a record. Currencies, the u. S. Dollar performing fai
Low for might as well, but the pboc not adding actual liquidity saying things are reasonably apple when it comes to liquidity conditions at the moment. I suppose the big question is will any of this be transmitted given that we know so many still out of the economy, essentially either stuck at home or factories still still, supply chain massively dislocated. Sarah we have seen markets across the asiapacific region turning higher. We continue to see resiliency, at least on the mainland and in hong kong. The hong kong hang seng up about. 5 , and in japan, we have seen markets turn higher as well, holding onto those gains, up about. 6 . The one that is moving to the downside bucking the trend is the south korean cosby after the country did report about 10 new coronavirus cases. You see it falling to a twoweek low, down about. 25 at the moment. Lets take a look at some other risks in the currency and commodities space. We did see copper moving higher for an eighth day and 11. Gold, though,
Watching the weekly here on International Im wears on a low thank you for joining us. Now the president of iran has a Foreign Forces to stay away from the persian gulf saying they only bring misery and disaster thats after the u. S. Announced extra troop deployments to the region accusing iran of bombing saudi refineries a week ago a claim that iran flatly denies the president has approved the deployment of u. S. Forces which will be defensive in nature and primarily focused on air and Missile Defense we will also work to accelerate the delivery of military equipment to the kingdom of saudi arabia and the u. A. E. To enhance their ability to defend themselves it is clear that even the saudis themselves dont believe the fiction of the rain involvement. Well the route flared up on the 19th of september when drones set fire to saudi arabias biggest oil site the raid was claimed by the sheer rebels in yemen which have been the target of a Saudi Bombing Campaign for the past 4 and a half ye
From moscow headquarters youre watching the weekly here on r. T. International im whereas on a lockwood welcome to the program and we start was some breaking news this hour british Tour Operator thomas cook has collapsed leaving at least 150000 holidaymakers stranded the company employed around 1000 people in the u. K. And 22000 worldwide and it was thought to be the worlds oldest travel operator functioning since 841 thomas cook cease trading off the failed talks in the Financial Rescue package and the British Government has pledged to ensure that all citizens stranded abroad will be brought home in what is being described as the countrys largest ever peacetime repatriation effort we will keep across the state details and keep you updated. The president of iran has Foreign Forces to stay away from the persian gulf saying they only bring misery and disaster itself to the u. S. Announced extra troop deployments to the region accusing iran of bombing saudi refineries a week ago a claim t
You know watching the weekly here on r. T. International im rise on a low could thank you for joining us. The president of iran has a Foreign Forces to stay away from the persian gulf saying the only bring misery and disaster thats after the u. S. Announced extra trip deployments to the region accusing iran of bombing saudi refineries a week ago a claim that tehran flatly denies. The president has approved the deployment of u. S. Forces which will be defensive in nature and primarily focused on air and Missile Defense we will also work to accelerate the delivery of military equipment to the kingdom of saudi arabia and the u. A. E. To enhance their ability to defend themselves it is clear that even the saudis themselves dont believe the fiction of iranian involvement. Well rao flared up on the 19th of september when drones set fire to saudi arabias biggest oil site the raid was claimed by the sheer rebels in yemen which have been the target of a Saudi Bombing Campaign for the past 4 and