The aussie market doing ok despite some not great news from the pmi, which we can look at now. Contractiong seeing on the manufacturing side of things. The has helped to bring bulls out for bonds suggesting we see another Interest Rate cut coming through from the reserve bank. Things inso got other play here as well. 10 year yield, three basis points down. Below 1 again. That facility will not be ready to operate fully for months. , after that 20 billion worth of Corporate Tax cuts designed to stimulate the economy. Nifty futures pointing upside as well. Could be adding to that huge gain. Biggest lift up in indian equities in a decade. There we have it at the moment. Now. the renminbi right off by looking at the chinese currency. Theres nothing much happening but that is the story. Or are we looking at Something Else . Guest no, you are right. On the surface they are not big moves today. It is interesting that pboc fixing today. Four pips higher for dollar yuan than friday even though
Biggest refining hit by drones next last weekend. Shery we are seeing u. S. Futures gaining. 4 after coming from wall street fell on friday. We had trade related news, not being felt well by the markets. We were up throughout the session but then we had reports the chinese delegation would not be visiting u. S. Performs which led to a fall in the equity markets. There were concerns over the trade negotiations. We had consumer stocks declining, trade sensitive stocks falling like tech. The nasdaq fell the most in two weeks down. 8 . Rally throughout the week, yields going towards 170 at the moment but we are seeing u. S. Futures gaining ground after media reports saying the pullout from the u. S. Farm business had nothing to do with those trade negotiations. Lets see how we will set up in asia given the headlines. Lets go to selena. Markets are closed in japan so any moves are exacerbated by trading but futures are so far futures are pointing to a mixed open, slightly higher, seeing the
#just enjoy # just enjoy the party. let s take a look back at 2023. music: zadok the priest by handel a king and queen are crowned, with the coronation of charles iii and camilla, at westminster abbey. people right across the capital stopped for a once in a lifetime spectacle. music: zadok the priest by handel welcoming our new king. music: calm down by rema and selena gomez our society is woven from diverse threads, comprising stories of remarkable courage and sacrifice, determination and strength. though drawn from different parts of the world, they collectively enrich the fabric of our national life. music: by your side by calvin harris, feat.tom grennan happy 75th birthday nhs and thank you so much for all that you do. we have to keep showing how we love our nhs, so it will continue to be there with us, through it all. music: spice up your life by the spice girls sam quek: it s ten years since same-sex marriage was made legal in england and wales. music: spice up your l
In nhs history next month. The Prime Minister says his new years resolution is to keep driving forward. Driving forward. Inflation is set to fall further cutting the cost of living for everyone and were not stopping there. Were going further to grow our economy by reducing debt, cutting taxes and rewarding hard work , building rewarding hard work, building secure supplies of energy here at home, backing British Business and delivering world class education. Meanwhile. The class education. Meanwhile. The labour leader says the power to shape the future of britain rests in everyone hands. Sir Keir Starmers message offered a preview of his partys election campaign, saying 2024 needs to give britain its future back in the labour party. Weve been building to this for four years. Were confident we have a plan that can move our country forward , end the cost of country forward, end the cost of living crisis, take back our streets , get the nhs back on its streets, get the nhs back on its feet
arrivals from china. celebrations are underway to mark the start of 2023 this is the scene live in hong kong the fireworks over the victoria harbour. and this taiwan the capital taipei with the fireworks shooting off the iconic skyscraper taipei 101. they have launched 16,000 fireworks in taiwan. the skyscraper is one of the tallest in the world. the extravaganza is going to last five minutes. and queen guitarist brian may and members of england s womens football team are among those celebrated in the uk s new year s honours list. hgppy happy new year to viewers in hong kong and taiwan. these are the scenes live. there was talk of their not being fireworks in hong kong but there are. there was an attempt to have a spectacular celebration and at last it is enjoying a degree of normalcy after the ravages of covid and the serious restrictions imposed on hong kong. this is always a beautiful display. in the evenings it is always pretty well lit up. we can watch for a mome