You can see individual markets and you can see how we are seeing most of these north asian performers here. Hong kong is up about. 6 . We just heard from carrie lam who said the social distancing measures may be on for a while in the city. Jakarta coming on pretty strong. We are counting down to that rba Rate Decision and the budget announcement. Super tuesday in australia. We take a look at the yield curve as well. That will be the story here. A massive steepening overnight. Take a look at the two and the 10. As well as the 30 year. That yield reached the highest since june as we continue to price in this blue sweep. Powell the fed chair jay speaking later on. We will watch the aussie 10 year. 89 business points for the aussie tenure. The dollar also selling off on expectations of more fiscal stimulus. You do have the aussie as well. That has been gaining ahead of that dual announcement coming through. Heading closer to 6. 7. Haslinda we want to show off u. S. Live pictures. Mike pomp
Benchmark Interest Rate at 0. 25 . That is expected. We had the debt maintaining it will continue with the policy of 0. 25 for the beginning of next year. They are maintaining the benchmark Interest Rate. This meeting coming after four new cases ending new zealands 100 today virus free run. Perhaps more later on. Auckland back in lockdown. A lot were surprised about the resilience of the economy. They have to weigh the global risks, as well. The qe purchases are interesting, as well. Most werethey have to weigh thel a bit historic pick for joe biden, the first africanamerican. Pick for Vice President. And the first asianamerican. And some say it will help propel joe biden to the white house. Lets bring in Jodi Schneider to talk more about this decision. It seems this was a no surprise pick from joe biden. What does it tell us about the Democratic Party . First of all, joe biden said he would pick a woman, so thats not a surprise for his Vice President ial running mate. It was thought h
Korea, but now we had subsaharan africa. Anotherhad nigeria, and area of great concern is iran. These are countries that do not have the same kind of Public Health infrastructure, the some kind of control over their border. If you start to see transmission and those areas, those will be the ones that cause spread to other countries and a greater rate than we are already seeing q8 david you are seeing already. Fed going tos the do about the coronavirus . Michael fear is in the saddle. We have gone from maybe the fed might have to cut because of this to three full rate cuts and a better than 50 chance of a forth over the next year. The only trouble with this theory and the idea they be they do an emergency rate cut is correlating with central bankers around the world is that central bankers do not seem to agree. The head of the Buddhist Bank has been the head of bundesbank whose country has been affected by this says we have enough accommodation and at this point there is nothing Central
Holds, ten year yield, getting in the area of 9 the road map begins with the trade rally. Future points to new record, china says it has agreed to hold back tariffs plus, takeover offer, getting my latest reporting on xeroxs bear hug of hp. Warren proposes a sitdown with the microsoft founder we will begin with futures fresh hopes of a trade agreement, giving stocks a boost. Chinas commerce says the u. S. Have agree ed to phase out the tariffs imposed during the trade war. They dont actually say a deal has been reached multiple reports from this one on qualcomm. Yeah, i dont trust them. Yesterday, they said the talks were elayed. Honestly, these people were members of the peoples republic it might as well be run by the 8th army can i tell you what might matter they signed a death warrant for someone who pushed fentanyl to us and two life sentences for their colleagues they did a twoyear stay of execution on the leader of this. But this is what President Trump is waiting for far more im
Have long drawn admirers. But these days the crowds and traffic jams can be overwhelming. On peak days, 0 more than 13000 visitors. And i put in the name of these are 1st time here. Its such a famous place. You can buy held by the amount of people its packed to the people that do this incredible. Thats a take a look. The view speaks for itself out loudly. Imagine me but on the, the device of the mind story, unesco, World Heritage side is and on. So theyre very beautiful, but the burden on nature and the local population has reached a Tipping Point. In this i give you this mass of a see if it exceeds a certain level, of course, tolerance goes down. And the people who move hearings for to dont directly profit from the whole thing and on. So you dont just criticize that finding this new school to fully even started to heat it on your phone with us to have the the typical morning in high season the entrance to the 8 kilometer long road to make bias. These busy mountain guide adding china i