Crude posting its longest winning streak in a year. Opec cuts may be draining the blood. And top fed officials weigh in on negative rates, saying such a move is not on the agenda for the foreseeable future. Shery lets get to a quick check of the markets. We are seeing u. S. Futures holding steady, after we saw the s p 500 fall on rising u. S. China tensions that we saw in the regular session. The s p 500 fell eight tense of 1 . Technology and utility also leading the losses. We have heard from china responding to act as asians from President Trump warning that responding to comments from President Trump warning that nasdaq sides biggest composite fall in more than a week. We also have some abysmal Economic Data. Millions of americans claiming jobless benefits. We are seeing wti under pressure, but still above the 33 a barrel level. This after sessions of gains. We are talking about the longest winning streak in more than a year. Haidi and really that crude story may be a bright spot as
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 trading as well as hong kong trading and trading in the hong kong dollar but in the meantime, we are seeing a downside view when it comes to nikkei futures as well as kospi. Sydney futures looking to extend losses of. 4 in the previous session although we could expect to see some modest gains when it comes to the Energy Sector given the gains and that story when it comes to the continued rally in oil prices. We are also watching trading in new zealand. We had retail Sales Numbers out in the last
Higher. We had a Statement Issued from the bank of korea after a government meeting that outlined some potential support measures. The asx 200 at one point close to 4 , now higher by. 8 . Than twoes up more point 5 , this after President Trump spoke. We are also seeing safe haven bids. The dollar yen after moving towards 100, back wrenching above 10 three. The worst g10performing currency today. Gold also falling for the first day in 4. Treasury yields shooting to the upside. The 30year is up nine basis points. Some of the largest moves we have seen to the upside for the 30year over the past three years. Haidi Sarah Ponczek, taking a look at the action. And how very quickly the market story is changing here in the Asian Session. Singapore forr to more analysis on where the markets are going and what the catalysts are. Joining us is all across asset. Ditor, joanna what are we seeing in terms of this slight shift in the markets . Pretty typical after you have such a big down a deep marke
A conservative majority after the next general election will take us in the direction inquiry will begin in the us Congress Today following weeks of testimony behind closed doors. Of a very hard brexit. The basilica is flooded for the david is a good friend but i think on this issue hes sixth time in history. The first televised hearings got it precisely wrong. Of President Trumps impeachment inquire will happen in us congress venice has been hit by the highest today following weeks of testimony good afternoon. Tide in more than 50 years, welcome to bbc newsroom live. Behind closed doors. Flooding the streets. Im joanna gosling. The president is accused of improperly seeking help from ukraine to boost his chances of re election next year. The two main parties in the general Election Campaign are today focussing on what they regard as their key issues. Englands leading football clubs have been placed in a new league table, while labour looks to health designed to assess their the conser
Times the spare the air alert in effect and obviously with so many of the little ones heading out tonight to do some trick or treating want to keep an eye on those may be a keep an inhaler on hand if your kid does have some respiratory conditions. Bas there is some smoke settling into the bay overall air quality this morning has been moderate some not as bad as it could be but not as good as it was yesterday. You look out from the east bay right here does show blue skies overhead thats a welcome sign and calmer winds today, something that is very welcome after windy past week, cold temperatures though to kick off this morning freeze warnings in effect till 09 00am for portions of marine sonoma and napa counties right now were in the 40s and 50s for most spots in the day, although dublin youre one of our cold spots at 36 and then all across the north bay where we do have this freeze warnings in effect. We are in the 30s fairfield at 32 degrees you fell to 31 within the past hour. Later