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The Global Supply chain factor. Early facebook investor Roger Mcnamee joins us for what the virus means longterm for Companies Like apple and tesla. Paul, dramatic day for the markets and elsewhere. Why are you following . Paul tuesday trading day in asia, i guess the question is, to far is this stone going think . A drop asoking for well, about 2. 5 . Nikkei futures, big hit, 4 . South korea had one of its worst days and 17 years on monday. Japan of course playing catchup because monday was a Public Holiday. Take a look at currencies. The aussie dollar hit the yard over the past 24 hours. Currently just hanging on above . 66. The aussie 10 year continuing to slump toward historic lows. Of red. Uyh a lot in the u. S. , stocks tumbled. Three benchmarks slumped. Good to ....
A new evidence emerges of chinas repression of more than a 1000000. The hong kong chief executive kerry lyon has promised to listen humbly to voters after a big win for prodemocracy campaign as in local elections their candidates are on track to win an overwhelming majority of the seats in the citys District Councils now is a crushing blow for kerry lam after months of protests against china government chinas foreign minister meanwhile various aerated that hong kong is part of china no matter what happens in elections. Sara cox reports from hong kong. As dawn broke hong kong woke to a new Political Landscape more than 70 percent of voters cast their ballots in sundays District Council elections the prodemocracy party secured a Record Number of seats a lot o ....
More solid, with the exception of what is happening in hong kong. Yvonne saw another violent weekend. Police firing tear gas at subway stations. Hong kong relatively stable when it comes to the hang seng. Cathay pacific, seeing one of the biggest worst sessions we have seen. Lets talk about what would watching in terms of currencies. Dollar china below that 710 handle. Comingseeing strength through in the earlier losses. The close on friday was not pretty. David we took one of the three levels we were tracking, which would not take you back to the referendum. Took out 121, 10 speak looking at 11986. Watching those levels very closely. Iron ore is continuing. 28 depending on what contract. Still holding up at the 1500s. Yvonne lets talk more about what is moving on these markets. We saw stronger fixing from the pboc, where the currency headed now . What the pboc is signaling is aat it is trying to oversee steady, controlled weakening of the currency. Thats what the fixes have shown over ....
Region. Where mark mobius is putting his money. In stocks, and by the way, gold. Think about it. If you are not getting anything in the bank at these low rates, it makes sense to have gold in your portfolio. Anna missing out on the everything rally. Boil weakens and iron ore slumps as much as 4 in singapore amid supply concerns. Watch miners at the start of european trade. We are less than half an hour from the start. Welcome to the market open. We are without the u. S. Today, independence today. Lets look at where futures put markets on european trade. Lackluster in comparison to stateside yesterday but we joined in with some of the rally in europe yesterday. Cac futures, ftse futures, dax in the green but not by much. Be aware of low volume. Happens with lowvolume. In the Asian Session on the bloomberg, giving us a picture on the gmm function. Volume pretty low, investors thinking about the record highs we have seen on stocks in ....
Correspond and former beijing bureau chief for the new york times. Im joining today seoul. Its my to introduce susan shirk professor and head of the 21st Century China Center at the university of california, san diego. Were here to celebrate and discuss her new book, overreach how. China derailed its peaceful rise, i have to say, if you want to understand the complexities of whats going on in china today and whats going on between beijing and washington, overreach is the place to start. Susan has been a student of china, a professor teaches about china and a Government Official who made policy about china as Deputy Assistant secretary of at the state department. I can personally attest to her role in government in 1999. We were both passengers on the government plane to china. I was a lawyer in the back of t ....