for the latest on this, let's go to stephen engel in hong kong. >> what do we know? there is that deli bond of 84 or $85 million and there is a grace. to pay it. we are hearing from sources that the financial regulators in china have instructed ever grande to make sure they see that dollar bond. this is directly with the bondholders on that bond that was due yesterday. no details on how much of that interest was paid and on what time frame. going into today, was the coupon paid on that dollar bond? bloomberg news has contacted these two bondholders who remain anonymous. they said they had not been paid yet but regulators urging to avoid the default. they have that 30 day grace. they are urging ever grande to make sure that two things happen, complete the properties that are still yet to be completed. that way you can fulfill some of your obligations to get cash flow coming in. that has a trickle-down effect as well. you have to pay your suppliers and contractors. you have to have the money to do so. you also need to pay back investors who put billions into your wealt

let's bring in our north asian correspondent stephen engel t culminates k we draw any conclusions onll of this behind -- behind the scenes horse trading i should say has been going? >> the political rang willing has been -- wrack willing has been fierce, when took over -- yoshihide suga took over from abe. this year will the japanese consider more continuity under this obviously covid time? this will be the third prime minister in the covid era. shinzo abe, suga and one of these four individuals who will stand for the l.d.p., the leeb real democratic party, the ruling party in japan. the leadership vote today. we're going to get more than a million rank and file l.d.p. members voting. actually, they had to vote as of last night. and lawmakers will vote today. we'll get a result by 2:20 japan standard time. so 1:20 hong kong today. it's very unlikely one of them will get an outright majority. so what will likely happen is we'll have a runoff between the top two candidates. and right now, as you saw those four individuals, opinion polls don't matter much. because this is not a public v

thanks for stephen engel.ark, if it's not about ever grand de it's just about this busy week that we have in terms of central banks, of course. we have the fed. is this a wall of worry that the markets will be able to climb? mark: i'm not sure it's a wall of worry. but it's a super exciting week for macro punters. i think it's rare in the last couple of years that we haven't been dominated by one groebe thiem whether it's covid or the trade war. right now we have the asia thiem in europe, it's gas markets and in the u.s. it's fed. there are several essential bank meetings. this is the week where the macro punters who can tell the divergent stories are going to rise to the floor because it's not one dominant thiem that is overall all global markets. >> yeah, certainly will make a fun week in terms of how you position, and how you can take advantage of some of these moves. mark, is how will central banks chalk this week? how do you weigh out the balance of risk? mark: the reason i like this question, and i didn'