Page 23 - Aussie News Today

Change his mind about approval. Latery powell will say that the u. S. Economy is improving, but has a long way to go before fully recovering from the virus. The st. Louisrom fed president this hour. Haidi investors are waiting to hear from fed chair powell. But we know the gist of what he is likely to say given that the commentary has been around how recovery will be, managing expectations. The recent fairly positive data points we have gotten. S p active futures after the session overnight real...

Talking more stimulus. Then you have the cable rate. A lot of extension for benefits and the u. K. The cable rate does not move. It is a consistently stronger dollar. Same thing for the gilt market in the u. K. As well. Crude also going nowhere. The real action is in the equity market. Lets dig into that top story in europe. U. K. Chancellor of the exchequer rishi sunak planning to rescue millions of jobs at the coronavirus threatens to derail the u. K. Economy. I know people are anxious and afr...

The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Rul...

Nasdaq features are pointing higher. Stock coming off of that two week losing streak. Recoveringmed to be with a steep selloff last week. Moderately higher in china. Tech names seeing some dip by. Take a look at what we when it comes to currencies. We are focusing on the euro strength, paired with the weakness. Not really doing a lot. 682. Ng around about the Central Banks autonomy. We are watching the yields, pretty much flat. Yields are moving lower in the likes of australia. , probably brings...

Agree on a deal which could see a new company if approved by President Trump. Haidi and the race for a china facesvaccine, a deadline on the growing kovacs plan. Little pressure at the open. This as u. S. Stocks dropped the most in a week in the regular session. Sentiment being damaged by poor economic data. Jobless came just jobless claims fell less the s p 500 fell for a second consecutive session, but found some support after bouncing off its 50 day moving average. The nasdaq was down more th...

Level deaths are approaching one million with record chain record cases in france and the u. K. Tiktoks band is due to take effect on monday ban is due to take effect on monday. Shery u. S. Futures coming in at. 2 higher after fluctuations. Investors were weighing optimism over a stimulus package over rising covid19 infections. We have the s p 500 up. 3 . Hitby utilities, they session highs with new rounds of the economic stimulus measures. We had strong housing numbers. Trip. Com seeing thirdqu...

U. S. Treasury secretary Steven Mnuchin said additional fiscal stimulus is needed urgently. The dollar steady after Strong Manufacturing data. Above 1. 20 for the first time in over two years. It does not last long. Does mattere level for monetary policy. It is 6 00 a. M. In london, 7 00 a. M. In frankfurt where they are watching the eurodollar trade. Good to see you. So, volatility. Is the equity market to greedy and the rates market under assuming vol in the u. S. President ial election . Good...

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 packa...

Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restricti...

Switzerland, surprised to see the news come from th the blog. Gently axel weber nudging this dialogue forward . Francine it is a publication that doesnt break that much news that often, which is why we are taking it with a pinch of salt, but we understand it was well sourced, and this will be a conversation spearheaded by the two chairman of ubs and Credit Suisse combined. That would be extraordinary. Tom for an american arlenes that for an american audience in the Early Morning for an american ...