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The governor of texas warns of a massive outbreak. The imf adds to the gloom, further lowering its Growth Outlook, saying the pandemic will cause even more damage than first feared. Haidi that lead really playing into the downside we are expecting in the asian market session. Lets get it over to Sophie Kamaruddin in hong kong for a look at what we are expecting. Board, pulling up the asian futures pointing to losses of 1 or more amid the imf. Warnings of a deeper recession with japan and the Growth Outlook taking a hit. 1. 2 in theup by red this morning. A down day with trade disruptions back on the table alongside virus risks. Flipping the board, we are seeing bonds on the advance. Aussie tenure yields off by four basis points. Treasury futures to the upside after the overnight flattening we saw in cash yields as the ....
Visiting his grandmother. But first on monday, its down to business. Trade tensions between china and the west are running high particularly over the effect that chinas production of Electric Vehicles has on the international market. Tesla, for example, is already struggling to compete with big chinese players such as byd. Later the European Commission president , ursula von der leyen, will take part in talks to resolve frictions over this particularly over chinese subsidies. The eu wants to fight the corner of european manufacturers hoping to sell their cars both to european consumers and globally. And, of course, theres irritation about chinas perceived toleration of russia since its full scale invasion of ukraine over two years ago. President macron will voice european concerns about that but those words theyre not likely to upend the current world order. Mr xi fac ....
Hello, and welcome to Asia Business report. Im steve lai. Chinese president xijinping has kicked off his first trip to europe in five years. Hes arrived in france, and will make stops in serbia and hungary later this week. His visit comes as some countries in europe are taking action over what they perceive to be Anti Competitive Practices by china. For more on what we can expect, lets speak David Weddell has more. President xi arrived south of paris with his wife. French is the only major eu company which. Here at the airport he was greeted by frances prime minister, he will also be meeting a man with whom he has very warm relations, the french president. President xi hosted president macron at the chinese City Of Gong Show last year, where president m ....
Week Ahead for FX, Bonds: Spotlight on U.S. -2- morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
After an extremely weak set of data in April, ING economists expect to see a rebound in May thanks to the supportive policy rollout. Recent indicators point to real interest rates remaining too. ....