Region. In the u. S. , the senate has gone on vacation. It cannot get over this . It cannot francine get over this. Lets get to bloomberg first word news in new york city with ritika gupta. Ritika good morning, francine, lisa. President trump hasnt delivered the deal of the century he promised in the middle east. He can claim a foreignpolicy victory after israel and the United Arab Emirates agreed to normalizing relations. Even joe biden called it a historic step. With joe trump clashed biden over masks. The democratic president ial candidate said every governor should require masks for the next three months. He said that would save more than 40,000 lives. Bidenst trump rejected approach, saying, we want to have a certain freedom. That is what we are about. Vacationers will be unable to get back to work when they come back from their holidays. They must be quarantined for 14 days. China, the economy continued to bounce back last month. Industrial growth remained steady, rising 4. 8 fro
Asiapacific benchmark. Jakarta coming online. Of 1 . F 6 10 u. S. Futures are flat and so are nifty futures. At thatbe looking downgrade of indias outlook to negative. The country at risk of falling into junk status. When it comes to some of these markets, singapore reopening phase two today. The peak p, is the biggest loser on the board. Elevated. Ocks are we are expecting that we could see some action from the pboc in the next coming days. Could we see it in the form of a triple are cut . The chinese bond market has stalled a bit. We are still seeing yields go lower today. Take a look at currencies first. The dollar set for a second week of gains right now. We are watching the pound really closely. The bank of england expanded by qe program. Renminbi is steady around 708. The rupiah, we are focusing on that. B. I. Cut rates yesterday. More easing to come. Trend is steepening getting tired right now. Businesses have fears of a second wave. U. S. 10 year is down to 70 basis points righ
She has mentioned that she is continuing the existing work that has been conducted by Police Complaints council. They mentioned a couple of dozen to 100 or so that came through as of her last week when she also spoke with reporters then. One interesting line she says she doesnt agree with an independent inquiry, one of the key demands from the protesters. Rishaad looking for a dialogue. She doesnt believe in having an independent inquiry, one of the demands the protesters were making. David the hang seng index is starting to move toward session lows. Unclear whether or not that is correlated to what she is saying and what the investors want her to say. Hat is another conversation. Hong kong now down 56 points. We were up 3545 points earlier at the open. Rishaad she is speaking cantonese. Once she starts speaking english we will bring you her comment there is. Zero tolerance on violence and says an escalation also is something that is showing lawlessness too. 4 these particular assets.
Lower. G seng 8 10 of 1 to what we are going to get out of this Earnings Report coming out that we were alluding to. Composites recovering a little bit, a little bit flat. The aussie market is one of the few that is moving to the upside. Lets have a look at the majors here as well. Of the noises coming out white house as well. Larry kudlow saying the u. S. Would not intervene in the currency market. Donald trump saying im not so sure. That has a bit of uncertainty. Lets go back and look at policy decisions by the bank of japan. The yen depreciating a tad. Momentxit stands at the is causing further weakness for sterling. Possibility that bulgaria might join the euro zone. That is what we have at the moment. Get more from what is going on elsewhere and get to the first word news with su keenan. The u. K. Is deploying another warship to the gulf to escort commercial vessels. Alongsideerate another naval shift amid tensions with iran. The move comes as iran and european powers met to discu
A little bit more and as we go towards wednesday making its way towards high nand with even more development here so by this time on wednesday we could be looking at a Tropical Storm system that is going to be affecting the Southern Coast of china as well so hong kong gusty winds and storm surge as well as rip tides could be a major problem along that Southern Coast as a week away over here towards india has been quite rain across much of the central part of india as you can see on the satellite image much of india is covered with those clouds and rain showers as well that will continue across much of the hour here on monday night per youll see a break as we go towards tuesday with a temperature of 29. 00 degrees and then here across the gulf the temperatures are quite warm as well were going to sing doha here and the video a high for this time of year with a temperature of 40 degrees up towards abu dhabi we do expect to see 41. 00. Every reclaiming the cycle brings a series of breakin