The outbreak has risen to 130. And g20 finance ministers and central bankers brace for the economic fallout. Lets take a look at the markets. We had u. S. Markets closing. Eaker on friday we have new zealand trading at the moment. Its looking weaker at the moment by two thirds of 1 . Half income declining to 185. 8 million. The yen is gaining a little bit of strength against the greenback over the past 24 hours. But the u. S. Dollar is still looking pretty strong. The World Health Organization says no new countries reported of the coronavirus. We have yvonne man in hong kong covering this story for us. South korea was among the nations performing during the search. What is the focus . , it seems that the focus is to prevent a Global Pandemic outside of china. To six. H toll rising total cases topping 600. As you mentioned a 20 fold increase in five days and half of those cases seem to be tied to this religious group where had infected all patients in a Psychiatric Hospital after attend
Rage on with record temperatures forecast this week. Forleen a positive week stocks, but what a volatile day on friday, as news coalesced that a phase one trade deal has been reached between the u. S. And china. But questions emerge about just how tough it will be. Nevertheless you can see after an upanddown day, the major market objects index eat out small gains eked out small gains. Although it is nine out of 10 weeks the s p 500 has been higher. The nasdaq getting. 2 . 17. 5 points. Apple a big gainer on friday, 1. 3. 16 . Anestalling the tariffs, unequivocal plus for apple and the chipmakers who supply parts. The u. S. Bond markets, what a volatile 48 hours it was. You look at the lefthand side of your screen and you can see how bonds sold off on friday as news was coming out that yes, some kind of trade deal was in place. In fact, early friday 10 year treated as high as 1. 9 . Emerge, bondsns started rallying ending at 1. 82 . This is a big question as to what asian bonds do next.
Negotiator says talks have gone well and they are on course for a partial deal. The 20th weekend of protests in hong kong, targeting chinese owned his misses. Chinese owned businesses. Imfleen coming up, the reading in washington including conversations with John Freudenberg and others. U. S. Stocksow ended, look at the big picture, ongoing trade war worries. Lower across the board. One big name which was responsible was netflix, closing down across 6 . Forecasters of cyber growth falling short. It hit the nasdaq 0. 8 lower. Johnson johnson recalled baby powder that came up with traces of asbestos. Boeing, questions by the faa about what they knew before the max was reported. 4 . Dow is down, s p down there was good news. Jpmorgan numbers better than forecasted. Cocacola was very solid. For the week and the second week, the stocks closed higher on average. Positivity out of the negativity. What are you looking at . Sophie asian stocks going for a mixed start after a weekend of imf meet