Over the next couple of days and weeks. Am my first calculation of fivestate differential this of 143 was 150 3000 out 153,000 out of 143 million votes. You wonder if we would have a five state recount. Im kidding. That wouldnt occur. Battle was in hawaii. The differential between john f. 1960 between john f. Kennedy and Richard Nixon was all of 115 votes. There was a recount in hawaii, and there was a swing from nixon to kennedy in 1960. You really wonder, is that what we have in store as we stagger to december . On georgia, just to add a bit of color, i was very focused on georgia over the last , becausenth and a half it is an important state. I believe it is a state that has only voted three times for a democratic president. If those times before it does go to a democratic president , two of those were when jimmyn 1990s carter was on the ballot, and in President Trump won the state by a 5 difference. Anwould even be symbolically important point if it is a razor thin majority. We nee
Package. Democratic Vice President ial candidate Kamala Harris makes her Campaign Debut it is because of trumps failure to take it seriously from the start his delusional belief that he knows better than the experts. News crossing this hour on the oil mark just releasing its report and diving into the headlines of this key document Global Oil Supply rose in july after saudi arabia ended its cut. Exceeding the opec plus target and production started to recover. The opec plus cuts ease by over 2 Million Barrels this month and shut in volume compensation. Oil demand as we segue off that is expected to be 91. 9 million per day and sheer 8. 1 million per day. Reducing their 2020 forecast by 140 what we are seeing in that down grade for several months global refinery will lag behind as product inventory levels were high stocks have risen by 16. 2 Million Barrels in june and increased an average rate of 1. 7 Million Barrels per day. Crude prices remain in the range 40. 77 average, for the wti
The u. K. Considers new curves in london. The rda prepares to meet with melbourne again in lockdown. Pam braces for more economic gloom with First Quarter growth data. We are expecting a steeper downward revision. Lets get a check of where mark were markets are setting up. Here Sophie Kamaruddin in hong kong. Here is Sophie Kamaruddin in hong kong. Sophie a cautious start to the month of august after asian stocks have a fourth monthly gain. We are seeing sp Futures Holding steady and looking like a soft start to this trading week. Gold futures testing 2000, bouillon extending its rise after the best month in four years while u. S. Real yields lingered near record lows. Money managers are shifting gears a touch, decreasing the bullish gold bets to a six week low at the end of july. In the forex space, looking steady with offshore yuan staying below seven. We have the aussie dollar easing its earlier drop as investors assess the lockdown in victoria state. With a earning stock, we have t
Responsibly. Welcome to surveillance. I am may originated in london. Betterthanexpected jobs data. We have u. S. Stock and bond cash market closed today for labor day. If you are watching in the u. S. , happy labor day. The nasdaq at a record against the s p 500, of course, as well as a record, what blistering momentum we have seen so far this year. It is sustainable is it sustainable . We will discuss that with our guest this hour. In terms of the bloomberg dollar index, a weekly drop in a month. You see a little bit of weakness in oil, but it is heading for a weaker gain. Toois edging higher, not much momentum on this friday, but Global Equities poised to cap their best week in a month at the end of this week. The first wordo news, we have got breaking news, euro area june services pmi coming at 48. 3, so we did get the german pmi coming in better than expected. It is contractionary territory. Europe, betterthanexpected, but still in retraction mary territory. We have also learned th
Nonfarm payrolls surprised to the upside but continuing jobless claims show maybe market weakness persists. However, asian stocks are higher. U. S. Equities of course will not trade on this fourth of july holiday. Today is the third of july but this is the holiday, the bank holiday, as you would say, for tomorrows Independence Day celebration. And case closed. Thean lawmakers end nations illegal standoff with the bank voting to accept that the qe measures taken were proportionate. Western one hour away now from the start of cash equity trading in europe. Lets take a look at how futures are shaping up. We had a mixed picture earlier. Now, we are looking at green arrows for the most part in terms of european futures. Actually, very Little Movement there. And if you look at a broader board, you would see a more andrse picture with cac ibex 35 futures down but also not by very much. Still sort of searching for direction. Lets get the berlin burger the bloomberg first word news. Top stories