Photographs. Also come down. And marks the 75th anniversary of hiroshima the 1st atomic bomb attack remains the deadliest single act ever perpetrated by humans we need one of the survivors. Plus germany will enforce compulsory coronavirus tests on travelers arriving from high risk areas the number of new cases has risen to its highest level in 3 months. Im sumi so much got to thank you for joining us and International Operation is underway to help beirut return to a measure of normality after 2 shoot explosions killed at least 137 people in the lebanese capital emergency aid and rescue teams have been flying in from around the world much of the city is in ruins and hospitals are overwhelmed by thousands of injured victims some 300000 people are thought to have been made homeless by the blasts citizens are losing no time in starting to clear up. With their neighborhood gutted these volunteers arent waiting for help. The political elite they say are incompetent and corrupt. The community
U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain in terms of futures. I believe the record was around 1923. Looks like we are about 1 or so away from that record price. Its 1923 or 1921. Anyway, we are edging close to that record price. Weakness. Lar silver gaining close to 2 . The 10 year in the u. S. Yield is a little below 0. 6 . Rish. Rishaad were going to bring in banny lam. Welcome to the program. We just outlined, at least tom did, outlin
A mandatory frequent buyers test if theyre arriving for needs from 130 designated hot spots well thats as infectious spread across the country and new pieces have risen to highest level in 3 months and. Almost japan marks the 75th anniversary of your shima the 1st atomic bomb attack remains the deadliest single act ever perpetrated by humans we meet one of the survivors. As scientists out of fresh warning on Climate Change as the arctic gets warmer the world is facing an increase in destructive extreme weather events. Thank you so much for your Company Everyone International Aid has begun arriving in beirut 2 days after a devastating blast killed at least 137 people in the lebanese capital emergency aid and rescue teams have been flying in from around the world much of the city is in ruins and hospitals are damaged or reached critical capacity leaving thousands of injured victims at risk some 300000 people are now believed to have been displaced by the blast residents were still in sho
Topal coronavirus cases 16. 3 million as the republicans lay out their 1 trillion plan for the next round of u. S. Stimulus. Democrats are expected to join the conversation shortly. Begins final stage testing of the Covid Vaccine is the government releases another half a billion in funding for the company. We hear from the ceo later this hour. Shery lets get you to the press conference happening right now. Senator Mitch Mcconnell presenting the republicans 1 trillion plan on stimulus measures for the u. S. Economy. You are listening to senator grassley who is taking to the podium to say what these deals will consist of. Take a listen. Adults, orey somebody elses dependent. Have additional unemployment insurance. Thats on top of whatever the different 50 states give. And on top of the Economic Impact statement i just gave. We want to continue to help the unemployed, but we want to encourage work, and weve learned a very tough lesson that when you pay people not to work, what do you expe
Expected to drop 24 year on year. The futures are looking slightly lower, down four points. We are looking at some of the currencies. As david would say in the last hour, the bloomberg dollar index is on track for its worst july in a decade. A more dovish start from the fomc. No big surprises from the fed, but the lower mantra weighing on the dollar. The dollar index is flat, at least for now. Wellussie in his flat as aussieyen is flat as well. We move on to the commodities and the yield story. The question marks around oil were in focus as well towards the end of play yesterday. You saw a reduction in the u. S. By about 10 billion barrels. That gave some support to crude prices and wti, currently flat. Gold is now 5 10 of 1 . The 10 your yield on year, still below 60 basis points. 57 is barely moved, risch. Rishaad yep. Global coronavirus case is approaching 17 million. More than 660,000 people have died now. The states recording 150,000 fatalities. California, florida, and texas post