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Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar ....
Saying if the infection rate in new york state remained low and statewide give or take, it is low, hovering around the 1 mark the schools could open. Governor cuomo previously said if it stayed below 5 they could open if it were to spike up to 9 they would then close down so this is in line with that, what the governor is saying today. The most important part of all of this is what the local jurisdictions decide to do, and the way it played out in new york is that the local superintendents of School Districts around the state submitted their plan by last friday. Now, some didnt get a plan in at all but most did, and most of those superintendents submitted a plan that had some blended approach, meaning that even if School Districts be open to in person learning, students would not be going backtoschool five days a week, in some districts they would, but in most they would ....
Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the pandemic and the numbers we bring you every morning about where we stand heres where we do stand global cases now are at 2. 9 million. In perspective, cases in the United States are at 965,000, closing in on 1 million. 288,000 of those cases are from new york state with another 109,000 of them in the neighboring new jersey yesterday new York Governor Andrew Cuomo outlined th ....