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Latest News Updates: Asia Pacific Equities Outweigh U.S. Employment and Omicron Concerns

Asia Pacific equities outweigh U.S. employment and Omicron concerns

The Asia-Pacific market fell on Monday morning after traders took into account the fallout from US employment data released Friday and the spread of the Omicron variant of the coronavirus.

Japan’s Topix fell 0.8% and South Korea’s Kospi fell more than 1%, while the Australian benchmark S & P / ASX 200 fell 0.4% in early trading.

US futures rose after falling on Friday, while S & P 500 futures rose 0.4%. Yields on 10-year US Treasuries, which are inversely proportional to price, rose just under 5 basis points to 1.39%.

The US slide followed the news added by the US Much less work More than last month’s forecast, but its unemployment rate is still at its lowest level since the start of the pandemic.

Brent crude contracts delivered in February rose 2.2% to trade at just under $ 71.40 a barrel.

Hong Kong futures fell 1.7% ahead of the opening.

What to see in Asia today

Aung San Suu Kyi: The first verdict of the Myanmar exiled leader’s trial will be announced after being postponed from 30 November.

Narendra Modi and Vladimir Putin: The Prime Minister of India will welcome the President of Russia at a one-on-one meeting beside the annual summit of India-Russia relations, and 10 bilateral agreements will be signed.

Hang Seng Index: Hong Kong’s Benchmark Index is rocking today with the participation of both gaming company NetEase and e-commerce group JD.com. Evergrande, a national debt real estate developer, will be removed from the Hang Seng China Enterprises Index.

market: Asian equities were expected to fall for a week, with Hong Kong and Japanese futures falling and the Australian market flat early in trading.

Raab is confident that Christmas will not be canceled by Covid

Britain’s Deputy Prime Minister Dominic Raab said in the hope of Downing Street that the new Covid-19 restrictions would not be needed in Britain before the new year to deal with the Omicron variant. I predicted that I would enjoy “a wonderful Christmas”.

Ministers say new and existing anti-covid measures are currently sufficient, including planned expansion of the vaccine booster program and new requirements for travelers to the UK to carry out coronavirus testing prior to departure. believe.

Rab made a bullish note on Sunday saying that this Christmas is “totally different” from the previous Christmas and people need to plan confidently to spend time with family and friends. rice field.

“I think it will be a great Christmas,” the Justice Minister told the BBC. “I think people should enjoy Christmas, take their loved ones around them, and celebrate it in ways we couldn’t do in the past.”

Asked if companies should continue their plans to host a large Christmas party, he said employers “can trust to take a common-sense approach to their business situation.”

Boris Johnson and his team will review the latest data on Omicron around December 16, but one ally of the Prime Minister has downplayed the prospect of additional restrictions before Christmas. Of the new year. “

Read more about Rab’s Christmas Comments..

Eric Zemmour’s first large-scale campaign rally was hurt by melee attacks

After anti-racist activists tried to interrupt his speech, a rivalry broke out at the first campaign rally held by Eric Zemmour, an opposition to immigrant who is running for the president of France.

Shortly after Zemmour began talking to a crowd of more than 10,000 people at a conference hall on the outskirts of Paris, SOS Racisme activists stood up and showed them a black shirt with the slogan “Noto Racism.” They were attacked by Zemmour’s supporters, and a video shot by a journalist showed a man hitting activists and chairs and guards trying to disband the fight.

The episode ended soon, but as television experts and writers rose in polls since the summer, Zemmour’s far-right candidacy showed how tensions were created in France. Approximately 8,000 others took him to the city of Paris to blame his xenophobic platform while his supporters were waving the French flag in the northern suburbs of the capital. Police said they had arrested 48 people.

A 63-year-old woman, who claims that the once great France is declining due to unchecked immigration and excessive political correctness, rose to second place in a poll in early November. But recently, his popularity has declined, returning to third place behind President Emmanuel Macron and the far-right politician Marine Le Pen, pollster Harris Interactive said.

Read more about Eric Zemmour’s rally..

Latest News Updates: Asia Pacific Equities Outweigh U.S. Employment and Omicron Concerns

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