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Investors concerned about rising Coronavirus Infections and what that means for the recovery. Global deaths are approaching one million with record cases in france and the u. K. The Trump Administration given an ultimatum over tiktok to delay a ban or respond in court. Ban isnt trumps due to take effect on sunday. ,aidi it was a meandering confused session in the u. S. Investors seemed to be trying to work out where the lead was. Investors weighing the scanned prospects of another stimulus package against a resurgence, the second wave we are seeing across europe and the u. K. Modest gains but the s p has wiped out all of its gains for 2020. Futures trading up by. 3 at this point. When it comes to the asian trading day ahead, the nikkei 225 regaining a little bit of positivity. Modest gains of. 1 , trading in the futures session in chicago. In sydney, we are watching as to whether this surge we have seen in growth shares will continue. The msci australia index jumping to a record high c
New-yorkUnited-statesAustraliaTaiwanJapanTokyoShanghaiChinaGarudaJawa-baratIndonesiaBrazilThrough. The 10 year yield in japan did move above the 0 level for the First Time Since march. Copper is on a good run, for a fourth session. Above the 200 day moving average. We will talk about iron ore a little later. 90 per barrel, for a metal that cost why dollars to dig out of the ground, this is looking overvalued. Rishaad the Indian Trading nifty session on monday ekeing out the smallest gain, 0. 1 . Do we see more movement to the upside . The rally has ground to a halt. There were big names driving the benchmark to the upside. Futures contract at the moment, a flat start, slightly under pressure. The rupee continuing to strengthen on the back of the surprise decision not to ease policy last week. We have seen the currency appreciate since. Bond yields continue to lurch lower, pushing up yields. We are still factoring in more rate cuts. 10 year lets join su keenan in new york. She has the first word news. We start with the rba governor was saying he is surprised australias wheat
New-yorkUnited-statesAustraliaJapanUnited-kingdomHong-kongIranBrazilVietnamRepublic-ofChinaRussiaAnd opec is in what ever it takes mode to stop rises. Kathleen we have a reminder of how u. S. Stocks entered the session. Coal in your stocking, u. S. Investors. It was an ugly close. Since 2008. Week Dow Jones Futures down 1. 81 . 500 is losing another 50 points, more than 2 . Its down 17. 5 . It peaked in september. Dramaticq, that is a move. Falling into a bear market officially. It peaked august 29. Cusp. S still on the traders are talking about the stop. After such a severe you have the s p futures 4 10 of aown nearly percent. We will see if it continues to. All maybe we will see a little stability here. So lets get on with it. Lets get to the first word news. Haslinda amin is joining us from singapore. Kathleen, a number of people are now known killed in the indonesian synonymy. Dozens more are unaccounted for. Most of the victims were tourists killed by two giant waves thought to be triggered by a corruption in the nearby krakatoa volcano. Italy has pushed a revised budget thro
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