Nevertheless, the dollar weakness theme is there. And the german tenyear yield. We are seeing a bid on the bond market. It kind of keeps determining what you want to do next in terms of so many of those asset classes. It is friday. And one of the critical things happening is that sports is back. Being on lockdown without sports was really hard. [laughter] but tonight the english rugby season[laughter] , the premiership restarts. We will talk to the ceo of harlequins. With us if youed have ever seen directly and you want to get a flavor for what it watch this player play rugby and you will get an understanding of just how big a sport it is. Anyway, we will get a sense of where the premiership is going. We will talk to what of the Sports Betting companies. Who we speak to now is david kelly, j. P. Morgan Asset Management. The market has taken a few hits this week. It is trying to. Push higher with equities but failed. What do you make of that . David it is probably too high to start with
Great depression. Shares of u. S. Bank stocks looking very weak compared to tech stocks which have been guiyang the which have been buoying the rally. What an incredible rally, the huge losses on the back of jobs numbers which we are getting too used to. Taylor it was incredible, looking at some big losses and in the final hours or so, managing to reverse that and post some of the gains. The only sense of caution is tech is not leading the gains. Tech for one of the first few times has been the underperformer. On the downside in the last two days. The good news is it was not leading the losses. You have microsoft, facebook, being held in a meaningful way. When they are not leading the game on days like this when you would expect to see outperformance, that has people cautious about really the strength of the rally. Quickly, saidere if someone was not watching the stocks already, you should be. If you want to believe in the strength of the rally, you have to see the Big Companies start
Foreign purchases. We have the first public impeachment hearing testimony revealing the president s lawyer was digging up dirt in his shadow diplomacy in ukraine. Howi lets take a look at we are setting up when it comes to the start of trading here in sydney. Investors dealt a pretty mixed hand overnight. Stocks closing pretty close to fresh record highs. Still, uncertainty over the lingering trade negotiations continuing to chip away at sentiment. We are hearing potentially the agricultural purchases that had been a solid part of the phase i deal could be in doubt. China reportedly saying if these tariffs are not resolved, they could back away from purchasing more u. S. Soy and pork. Taking a look at the picture, just about 1 10 of 1 . Watching the labor market numbers, typically quite volatile, could be a move in the aussie dollar. New zealand, upside about 1 10 of 1 after the reserve bank of new zealand held on rates for their last meeting of the year somewhat unexpectedly, causing
So no matter how you take it aljazeera will bring you the news and Current Affairs that matter to aljazeera. Hello im sammys a that this is counting the cost of aljazeera the weekly look at the world of business and economics this week germany heading for a recession with angle of merkel put aside their concerns about that and splash the cash this stimulate the economy. The worst wildfires in decades and the rising threat of thats a terrific ation farmers in the amazon fear their livelihoods are under threat. Of dollars in black gold along the way patagonia could help end argentinas economic problems because the country have a plan to satisfy Oil Explorers and environmentalist. Germany is europes engine of growth right now its splattering though and could slip into recession finds itself caught in the middle of the u. S. President s trade war with china thats hurting Global Growth and as one of the worlds leading exporters its one track that cant escape or vats tips german industry whi
A stone wall them in the past and when asked about at this time he gave this response i dont know that stuff is the lawyer i know the lawyers think theyve never seen anything so there theyve never seen that they think so i just ive been president now for almost 3 years and ive been a guy for this for almost 3 years its almost become like a part of my day and now house committees involved in the impeachment inquiry have os for documents from Vice President light and its about any role he might have played. Thats right well there are observers here in washington who would suggest that might pence was thrown under the bus by the president at his News Conference last week when he said well youre talking about my phone calls with ukraine what about mike pences phone calls with your create well all the house committees that have the oversight thought you know what a boat might pay and so they want to talk to him about what he knew about the phone calls in may and also in july what briefings