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In hong kong demonstrators clashing with police. Doubts grow over Masayoshi Sons investment record. Topics question his strategy after a series of expensive setbacks. Desktop banks question his strategy. Staggered open, not seeing a huge amount of action. We are up. 1 . Looks like a positive day rolling a flat close of u. S. Equity markets friday. Good news from the u. S. China trade dispute, seems to have been priced in. New zealand has been flat all morning. Seeing modest gains for nikkei futures as well. By s p is pointing higher. 1 . We have also had out of economic the midyear and fiscal outlook. The surplus budget is falling, narrowing a little, same story for the following year and the growth forecast, the government trimming. 5 . A lot of data out of china. We will have new home prices, fixed assets, Industrial Production among others. Later on we are joined by ....
Climbed down. David both hong kong and Mainland China have come out in opposition of that senate bill which passed this morning, risk off as you can see here, 8 10 of 1 on the nikkei 225. Talking 25,000 for this one as well. China kospi down 1 , hind sang giving up about 230 points at the a sx 200 leading across the region, 1. 3 . Rishaad banks are under a lot of pressure. Also looking up what is going on elsewhere, other Asset Classes in play at the moment. The 10 year yield is unchanged in china, even as we got that caught. The 10 year yield is four basis points down in the u. S. It was only about a week ago we were talking and questioning whether we would get 2 . One thing adding a bit of negativity is the snp active afters, 3 10 of 1 lower a choppy session in the u. S. , retailers really dragging things down, the snp lower all of nasdaq did hit a record high. Cnh is to ten ....
Out this new silk road. Whats the environment like in hong kong with the overhang of andchina trade war, the political unrest that led to a lot of demonstration in the last couple of weeks . Can carrie lam shift the focus and gain more confidence among the investing committee as well as government officials. Here more than 5000 expected in the next day or so. We have a lot of guest. Lona ng and simon loong are joining us this hour. They try to build smart cities around southeast asia. Talking about the opportunities for the also simon loong joining us in the 11 00 hour. Talk about fintech, commercial banks and the like. Rishaad lets find out what is going on market wise. The position we find ourselves in overall. Looking at the nikkei up half of 1 . Someang seng seeing positivity, asian stocks hedging higher and higher at the moment. We did have that late rally among u. S. Counterparts. Japan, south korea in hong kong. Chinese stocks under pressure over there. S p futures slipping back ....
the japanese yen, seen as a safe haven is under a little pressure. we did get those positive numbers out of south korea. 70% year-over-year in the first 10 days of this month. let s get the latest on the market action with sarah. we continue to see green across the screen. is an extension of the risk rally. sang hans hen saying is up 20%. both of them are seeing higher than average volume. if you look at the korean coffee, it is up. making its way to the upside, the s&p 500 futures also extending those gains after both of the s&p 500 and the tech .eavy 500 it is not just equities pointing and ansk rally optimistic tone. the commodities market is as well. the aussie dollar is higher by .2%. the japanese yen falling for a 50 day. we are seeing that fifth day. we are seeing that safety bid falling. we are seeing oil rebound. one pointp nearly five percentage points. we have seen an amounts immense amount of pain for bread. we are watching just a couple of events th ....
Little 4 year old Austin Cooper asked us not to use her name. She good kid. She said austins father came home from work tuesdat night and anna, his wife said austin was until the next morning. And he woke up the next morning. The wife goes to the library and he goes in to get the baby up for breakfast and thats when he found him. Robert richie would call 911 9111 she admitted to putting the child in scalding hot water as a punishment. The Family Member we spoke with said if anna had an issue with austin. She should have called, and there are to many Family Members that if she got to the point where she felt that she needed to get away from the baby she could have called anyone of us and we would have took the baby till buddy got home she said there is no doubt in her mind. Austin loved his son and this is tearing him apart ....