Page 55 - Aussie News Today

Opecs cuts may be draining the glut. The bank of japan prepares for unscheduled talks as the coronavirus keeps extra pressure on the economy. Help for Small Business tops the agenda. Downside are seeing a start to trading on this final friday session of the week. Overwhelmingly, the concern over these escalating tensions between washington and beijing, and now also, beijings expected move to impose the National Security law on hong kong and we are watching, in particular, the start of mainland t...

To the Drug Companies to even the tech companies. ,rude is above 30 a barrel 32. 22. Yield is at 68 basis points. At 7. 1270. An we have president xi speaking today to the world health organization. Coming up later this hour, we will be speaking with the ceo of moderna, which is reporting some good initial promising results for vaccine tests. Us atne bancel will join 10 30 eastern. Guy looking forward to that conversation. The market certainly responding to that. Mostin europe, the beaten up sec...

The Commodity Currencies are doing well. The aussie is outperforming the u. S. Dollar. Brent crude now more than 35 a barrel, up by 8. 5 . Vonnie in the u. S. , a nice bounce this monday even as we head into the last half of may. It seemed like maybe there is some coming on, plenty of optimism. Including this new Moderna Vaccine going to trial phase. The nasdaq is up 2. 4 in the s p up 3 . All groups in the s p are higher. The biofarma index is the laggard, but still up 0. 8 . Below 29 right now...

Treasury expects to borrow 2. 00 trillion a net marketable debt in april to june quarter 3. 00 trillion dollars more than estimated in february to put not trillion dollars come on down to the feds Bargain Basement to put chile in dollars or down to 6 trillion dollars more in 6 months or now just 6 trillion dollar war in 6 months come on down to the fed broader base with high of j. P. Well i print money like a man to come on down to the feds Bargain Basement ill give you a trillion dollars right ...

Major peers. Cofounder sewing softbank for reneging on a 3 billion deal. Shery take a look at how markets are trading at the moment. We are seeing upside for u. S. Futures, kind of flat right now, paring back some of those earlier gains that were already adding to the rally we saw late in the session in the u. S. But paring back some of those gains. Kiwi stocks gaining for a second session. Sydney futures higher by. 3 percent. As we head towards the rba Monetary Policy decision, not much change ...

A way White House Correspondent kimberly healthcare has more. Well theres been widespread condemnation of the president s actions essentially using heavy force and tear gas to clear protesters for what we later learned would be a photo opportunity and not only is it a condemnation of that action but also of what we saw earlier just the last few hours you read there the condemnation by the washington archbishop the as you pointed out found it baffling and reprehensible and not in the sense period...

Rates. Not want negative the bank of englands own debate with subzero policy continues. Andrew bailey testifies today as the u. K. Chancellor sees a recession unprecedented in scale. 6 00 a. M. In london, 9 00 a. M. In dubai. The global debate on negative rates. Rbnz thatt was the shifted the dial in terms of monetary policy. Only thing i learned is steven major comes and gives me one phrase which is, what the aussies and the kiwis do, bets the global agenda or pushes back on negative rates. I t...

Be playing into sentiment. All of the sub indices in the s p 500 are lower now. A real pause in earnings reports from the Oil Companies to amazon, down 7 after saying it would likely spend all of its operating profits on covid related preparations to protect employees and customers. Also saying that revenue increased, which was a positive sign out of amazon, but again, investors selling that stock today. Barrelil was above 20 a , so i bit of a recovery, if you want to put it that way. It certain...

Australia expresses to concern over a report china could slip duties on its exports. Lets get you started with a quick check of how markets are trading. U. S. Futures are under pressure, falling. 3 , after the first weekly gain for u. S. Stocks in three. This comes after the abysmal u. S. Economics data, the highest Unemployment Rate since the Great Depression. Next messages when it came to trade mixed messages when it came to trade. They had a constructive phone call with chinese officials on t...

Australiachina relations think again with beijing slapping penalties. Australia will challenge the move at the wto. Shery lets get you started on how the markets are trading. U. S. Futures under a little bit of pressure, down 1 10 of 1 of the open. This after u. S. Stocks jumped the most in six weeks during the regular session. It was a risk on trade. Stocks finish at the highest level since early march. The s p 500 saw gains in cyclical stocks that have been battered leg energy, autos, banks. M...