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And the 775 barely. Seven point 75 barely. China is trying to cool down more. This rally also in tech stocks in shenzhen. Marginal gains in the csi 300, but the chinext seems to be on fire. 8 10 of 1 higher for shenzhen small caps. Keep in mind, offshore investors also sowed sold a record amount of stocks recently. Seems tohe hang seng, be brushing aside the executive order from President Trump. We are seeing the rally up more than 200 points for your hang seng. We are watching things like export data out of indonesia, indian trade numbers. When it comes to the philippines, that is the only loser on the board today. We are expecting to hear from the president to announce the latest quarantine measures. They have not really been able to stop this virus there. The nikkei up 3 10 of 1 . Steady stream of earnings in tokyo. Taking a look at the dollar, that seems to be dropping. You are watching things like your dollaryen unchanged ar ....
Geopolitical risks add to headwinds for investors. Oul says north korea must bear all consequences for its actions. Indian defense stocks gain on tension with china. The turnaround when i was sitting in this chair yesterday that we saw in u. S. Futures, the biggest since 2016, we saw a lot of green on the screen fueled by stimulus from the fed on corporate bonds, but also in terms of fiscal stimulus. Today is a different picture. The second wave has become front and center a little bit more again. Investors try to see where to go next. In terms of the equity rally, a mixed picture in asia. The Msci Asia Pacific index is flat. U. S. Futures edging into the red along with european futures. The 10 year yield missing a couple of basis points. Fx, you are not seeing a lot of moves either way for the dollar. G10, you are seeing underperformance of Commodity Currencies, als ....
More cheers for hospital workers, new york city firefighters joined residents in saluting staffers during shift change at a facility in manhattan in what has become a nightly ritual. Turning to the new hope on the front lines in the race for a vaccine. Only a few Human Vaccine studies are under way in the world but one of them at university of philadelphia is showing new promise. Brian taft has that story. Reporter the race to develop a covid19 vaccine in philadelphia is kicking into high gear. Dr. Pablo tevas is leading the second u. S. Vaccine study in people at university of pennsylvania, one of only five Human Vaccine studies around the world. This is the most important study that i have done in my life. Reporter he is testing a skindeep shot on 40 volunteers and says phase one should be wrapped up by july. You have a vaccine that can be distributed in the general populatio ....
Europe and why debts keep rising so much in spain and in italy and what can be done. Tom we have an important interview in the next hour on the virus. We will go to mount sinai for that. I am next to the outside i manhattan hospital in new york. I will tell you, it is an extra ordinary monday. I know you see in in london, we see it in new york, with quiet streets and politicians really needing to adapt. My major message in this hour is the complete readjustment and struggle that global wall street is having trying to gauge this contraction. I love what bruce kasman said at jp morgan. He looks back and harkens back to the contractions that we saw before world war ii. Francine i think we had an update on friday from goldman sachs, j. P. Morgan on the Second Quarter gbp just gdp in the u. S. , and the numbers are nothing like we have ever seen before. So i know we have a full round of update just on the lockdown, different in new yor ....
Stories. We begin with the elections in taiwan. The president won a landslide majority, seen as a rejection of beijings push for one country, two systems. Joining me from taipei is stephen engle. Walk us through the significance of the vote over the weekend. Stephen it was quite significant. Now that she has that landslide victory and the mandate for another four years, theres three big questions. How will china handle another four years of a thorn in their side, the policies of taiwan and her proindependence minded policies that really resonated with the electorate . More than 8 million votes, a record here in taiwan. The hong kong protests really resonated with the electorate, of ahat led to a rebuffing push for closer economic ties. The question is what is the future of the Opposition Party that got routed . Theyve lost four of the last six president ial elections, and they need a you voice for the longer eat for the younger ....