Upper 106 level before u. S. Retail sales and trade talks are planned for the weekend. We are seeing dollar weakness in recent days. Gold futures at 1946. It is above 1900, a wild ride for the metal after surging 30 this year. We saw the plunge below 1900 tuesday. Gold is still an of the bestperforming commodities of 2020. 66. 22. 10 year yield at lets flip the page and look at where we are in terms of the chinese shares ahead of a slew of data for july on friday, including Industrial Production and retail sales. The csi 300 is in negative territory, down. 4 . The yuan is at 6. 93. The hang seng is getting some gains. Center, infront and negative territory right now even as it the highest estimate. Tencent also played down the Trump Administration as we check been. Ban wechat the kospi is up on a 52week high. Look at southeast asia, this is asias worst performer this year, correctly up. 5 . It may rise to between 6500 to 7000 this year, driven by pretty much the government stimulus pac
Most countries who believe its a great promise, a great opportunity and some of the u. S. Media, some of the u. S. People who are wagging Information Warfare on russian vaccine we were not expecting anything else we are not trying to convince the u. S. White House Republicans and democrats blame each other for the impasse over a multitrillion dollar rescue plan as early futures point higher. President ial candidate joe biden chooses Kamala Harris. President trump is quickly on the offensive. One of the reasons it surprised me, she was very she was probably nastier than even pocahontas to joe biden she was very disrespectful to joe biden. Good morning let me take you through some of the Market Action were witnessing on the boards today it has been a bit stopped on the board. Investors here just picked up on some of the caution that we were witnessing on wall street as that market wrapped up sharp effectively a lot of the design is the impasse on washington negotiations republicans and d
The declines in technology and real estate shares on the stoxx 600 and then the Pound Holding on to declines we saw yesterday as figures show that the u. K. Economy contracted more than any other in europe in the Second Quarter. Plenty more of markets shortly now lets get straight will raise more questions over the governments handling of the pandemic. There are worrying signs the bounceback may run out of steam. Hard times are here. Hundreds of thousands of people have already lost their job and sadly many more will. But i will say to people, although tough decisions lie ahead for all of us, no one will be left without hope or opportunity. Up ina plans to bring tiktok in talks with the u. S. It is likely to take place as soon as this week. We are not certain what beijing hopes to achieve when bringing up the app. It comes just days after President Trump signed a ban on transactions using the app on National Security grounds. Protests in belarus. Protesters took to the streets to have
The former California Attorney general because the first africanamerican woman and first south Asian American woman on the ticket. Big revamp. They will exit all noneuropean Corporate Banking activity, and they forecast longlost loanloss provisions at 3 billion euros for the year. We will speak with the cfo of abn amro. Let me get to some of the breaking news we are getting here from the u. K. We have u. K. Gdp numbers coming through. We are looking for the month of june and for the quarterly figure. We have seen a rebound in the month of june at a. 7 . That was 8. 7 . That was ahead of the estimates. Thats the rebound for june. A rebound was expected. Quarter coming in at 20. 4 . That was with an estimate of around 21 . If you look at the year on your number, its similar. Its the extent of the losses that we saw in terms of Economic Activity in the Second Quarter. We look at things for a year on your number. Officially what we already knew because of the u. K. In the session. Saw the
And you look at the spread, the number is enormous the spread is a norm us. Gauge fromccurate the payrolls number, i would expect is difficult. That politicians hopefully get close to a decision. These are the markets and the european markets are down today 1 and the ftse is down more and one reason why is the pound is up. At 131. 1. 31. 1 10 p 500 is only down by of 1 . Andhe bond market is 53 54 in germany. Next hour, we will get back to the bank of england story and get some insight into the fitness sector. How is coping with the reopening rules we are seeing. The ceo of Planet Fitness will be joining us. Going back to the gym is a tough thing to do now. Alix are you a gym rat . Ive tried it but its never worked out for me to stop i live in a nice area where you can go Mountain Biking in the hills. I have a very steep hill near me and thats my exercise regime and running around after my children which provides a great deal of exercise. Alix fair enough. Andrew bailey talked to Franc