Up next testimony from dacts lien kraniger. She talks about her agencys role in protecting consumers during the pandemic. This hearing will come to order. This hearing is another remote video hearing. Ill go through quickly some of the standard reminders to remind everybody, once you start speaking, there will be a slight delay before your picture shows on the screen. To minimize background noise, please remember to click the mute button until it is your and if theres a technology issue, weve move on until it gets resolved. The fiveminute time still some senators say they dont seem to be able to find that. If you go to the righthand side of the screen and move your mouse, some options will show up. One of them is the grid view. If you click grid view, you will see a grid of everybody, and one of the things youll see is the clock. Ill try to gently remind people, because some senator have asked for the reminder because they cant see the clock. Again senator brown and i have agreed to go
Authorities warned against reopening too quickly. Sending a message to facebook. More advertisers cut spending. Anchor asian markets are setting up. Virus cases continue to accelerate, not just in the u. S. But closer to home. Lets go over for a look. I am looking at the numbers, it looks like a trading week. That backdrop, futures are pointing lower this monday ahead of hancocks anniversary. Trade data do from the city this monday. Morning, thehis economic fallout from the virus, higher jobless reports. We have a downside picture across asia. Checking in on commodities, lets check in on oil. Losing ground. Near a 2012ing high. Higher prices expected. Australia does see gold expert warnings hitting a record 22 billion in 2020 through 2021, before easing in 2022. We have to big picture that good gold could top 1800 an ounce. Global virus has hit grim milestones. Cases in tokyo rose by a daily record. Japan had lifted a state of emergency last month. In the u. S. , governors are struggli
Although probeijing officials have said we should not be too concerned, it will lead to stability in the city. 7 . Sci asia pacific down it is certainly something of a riskoff mood, following off what we saw toward the end of play on friday in the u. S. The nikkei is down more than 1 . In the mainland, you have a bit of pressure as well a despite industrial profits up 6 coming in over the weekend for the month of may. On to the next board. We will be looking at the currencies. A bit of dollar weakness. On friday it reached its highest level in four weeks, but it has since come off slightly, leading to a bit of strength for the offshore currency here in china. The korean won is up about plan to 01 . On to some of the commodities we are looking at. Wti has been under pressure as the demand story as we focus on the rate of infections, 10 million infections, 500,000 deaths, you can see that it is lower today. Gold, science that investors are preparing to cross through 1800. 0. 64 . Year yi
A handful of people feared for their lives and their future so they seek refuge abroad but what will become of you stay behind and simply. My husband went to peru because of the crisis that i wondered if he hadnt gone there we would have died of hunger running out of them. Displaced this week to. Inflame described a momentous step but if the face one trade deal between the United States and china more thoughtful than phelps then well bring you in now with us from ray and reaction from wall street. Coming up mixing business and politics a new op in hong kong that you theres no which businesses are for against. Prodemocracy protests. This business im k. Ferguson welcome u. S. President donald trump and chinas lifetime youre you who have signed phase one of a trade deal its aimed at settling a conflict thats lasted 18 months the pact will loosen some american tariffs on chinese made products sense the United States and increase beijings purchases of american goods. This deal marks a new e
Your link to assumption stories and discussions here no one will come to student news actually program tonight from one to me from the news of these eaves i want would say d w it comes much africa joined us on facebook d w africa. If you think described as a momentous step but if the famous one trade deal between the United States and china has more style been stopped well bring you analyse and reaction from wall street. Also coming up down the if you do down the pujo and construction on africas biggest hydroelectric down of under way but not everyone is gushing about the project. On making business and politics a new op and hong kong let few theres no push businesses are for and against the prodemocracy protests. Fit in new business welcome. U. S. President donald trump and china vice premier are you who have signed phase one of a trade deal its and that settling a conflict of blocks of 18 months the pact will loosen from american tar a fun chinese made products hence the United State