1 10 of 1 . Minor gains for the australian and china markets for the shanghai composite. Situation with regards to the equity markets, what about some of the other Asset Classes and play . We can have a look at those. Take a look at the oil prices, retreating at the moment. You need currently, what, 41 essentially for a barrel of wti, 41. 09, moving to the downside. Stockpile to the upside. Gold not much of a haven, dollar index moving to the upside, the dollaryen currently stronger. It has been moving quite rapidly to the upside. . 11 currently for one greenback. The sec is pushing ahead with a plan that could see chinese come these kicked off of u. S. Exchanges. The intent to cap crackdown on companies that dont comply with rules that require an audit. That could hurt big names like alibaba and baidu. Tom, it looks like the sec is in a hurry. What is it proposing . Tom absolutely. The since we are getting as they are stepping up their preparations for this new Legal Framework that ag
Protests against a label law that was passed earlier this month that opponents say will erode workers rights and dismantle environmental protection. This is the dollar index on the way down. One week lows earlier on today. The euro new york crude moving to the downside. We had the report on inventories showing u. S. Stockpiles were indeed much higher than had been anticipated. Dollar weakness, golds gain. Tom lets bring you the first word news and a catch up on the pandemic situation in europe. Be amains and continues to coronavirus hotspot, with new daily infection records in germany and the netherlands. Ing a curfew in madrid. Manchester is being forced into the u. K. s strictest curbs. In the u. S. , new yorks governor blames President Trump for virus deaths in his state, calling him a liar and a super spreader. California is easing restrictions in San Francisco. By the u. S. Ing sued Justice Department for abusing its monopoly in search in what seen as the most significant antitrus
Well. We are watching what is going on with individual indices. Hong kong coming back and a big way after that long holiday. Hang seng up more than 300 points. The nikkei 225 up more than 1. 3 . At this point, seeing positive signs of drug and his recovery, although there has been mixed messages about what treatment he is getting, the timeline of his diagnosis as well. We are looking at risk aversion trade that we saw on friday,. Hich were gaining not doing a whole lot here this morning. Moving on 70 basis points. Seeing the reversal from friday, ozzie gaining and the yen, which additionally i despite, it it kit. 1900 after that 4 brent crude just below 40 a barrel. Watching fx, watching the dollar, pretty steady this morning as well. The pound seems to be holding onto the gains as well, brexit set for a showdown at the eu summit. Aussie and your revenue be holding on the firstlets get world headlines. Republican leader Mitch Mcconnell says the fasttrack schedule of the Supreme Court t
About 772. 00 deaths per day and under a more aggressive figure that would be about 1200. 00 deaths per day so whereas most European Countries their death rates are lowing lowering here in the u. S. Its just keeps increasing brant. As you just mentioned there are some parts of europe are seeing a 2nd wave of cases what restrictions if any are European Countries doing to deal with the outbreaks so lets take a look at how some of the European Countries are doing right now and how are theyre dealing with their 2nd wave of the virus so france for example they have over 30000 deaths now they have just banned large gatherings in some regions and theyve also imposed a mandatory face masks in hundreds of across france in spain where there is over 228000 deaths now theyve just seen a spike in new cases in catalonia so a new state home water has just been placed on about 4 and. 1000000 residents brand and thats a huge blow for tourism for spain as some European Countries like the u. K. Have issu
Were around 2500. 00 deaths so its been lower and now and new the c. D. C. Forecasts said theres going to be anywhere between 1940022040 extension 00 deaths by september 12th so on that estimate the lower lower estimate would be about 772. 00 deaths per day and on the more aggressive figure that would be about 1200. 00 deaths per day so whereas most European Countries their death rates are low ing lowering here in the u. S. Its just keeps increasing brant notes are as you just mentioned there some parts of europe are seeing a 2nd wave of cases what do restrictions if any are European Countries doing to deal with the outbreak so lets take a look at how some of the European Countries are doing right now and how they are dealing with their 2nd wave of the virus so france for example they have over 30000 deaths now they have just banned large gatherings in some regions and theyve also imposed a. Mandatory face max in hundreds of amenity palate hes across france in spain where there is over