A piece in Korean media, Dong A Libo, reporting that North Korea had described plans to "put strategic armed forces on a high alert operation" "
Blogs
New Zealand report that Job numbers fell by a record 37,500 in April
Stats NZ updates NZ labour market information once a quarter – employment , unemployment and such. However, during the cov1 COVID-19 outbreak and response Stats NZ have released additional data to help better inform on the impacts on the economy.
China embassy says it will take necessary countermeasures against meddling
Earlier today we got Pompeo's report to Congress on China/HK and also passage of the bill against China on human rights: China looking at retaliations now. See here for global coronavirus case data
White House says Trump will issue an executive order against social media
Trump whining about Twitter taking action to warn on his lies. After this: And: And: A spokeswoman from the White House now saying will sign an executive order shortly regarding social media companies. To be signed on Thursday.
Grim update: US Coronavirus deaths are now above 100,000
The number comes from Johns Hopkins University, other sources have reached the total sooner. The only certainty is that official totals understate the extent of the pandemic deaths.
Australian Q1 business investment (capex) data due today
Australia Private Capital Expenditure for Q1 2020 is due at 0130GMT. – expected -2.6% q/q, prior -2.8% In addition to the headline number there will be the usual updates to spening intentions for the years ahead. Given this is Q1 data these will only capture the early stages of the COVID-19 outbreak and response. Nevertheless […]
US House has the votes to pass the China sanctions bill re human rights abuses against Muslim minorities
Voting is continuing but the numbers for passing the bill are confirmed. – The House will thus give final passage to legislation to sanction Chinese officials for human rights abuses against Muslim minorities, Once the vote passes the House it heads off to the bleach-drinker's desk for signing. The level of support for the bill […
Boeing has resumed 737 Max production at its Washington plant
Production of the plane has begun again at the firm's Renton factory. Some better news after the horror run, this from yesterday: Was confirmed today: Factory reopening news crossing now. Boeing says the 737 program will gradually increase in output this year.
On the politics front today – China expected to pass Hong Kong law
Its expected that the national security law will pass China's National People's Congress (NPC) parliament Thursday 28 May 2020. This (in very brief) law imposes a new national security law in Hong Kong, bypassing the city's legislature, with stricter measures on sedition, secession and subversion against Beijing. The new law allows m
Trade ideas thread – Thursday 28 May 2020
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: