The elon musks qualifies for a package as teslas average market valley reaches a milestone. The big test comes today as the electric car maker reports. Welcome to daybreak europe. We are seeing a little bit of a mixed picture in the as ingestion, perhaps slightly slower for asia index. We have some breaking news coming through just now. Akzonobel saying covid19 will continue to impact the second half of 2020. It also says that headwinds related to covid19 eased during the quarter, so that is a quarter they are reporting on in terms of the Second Quarter. Saying that results showing a strong focus trying to get through the rest of the line on that headline. Basically in terms of the quarter we are reporting for the Second Quarter, covid19 eased headwinds related to covid19 eased but it will continue to impact the second half of 2020. Akzonobel saying it suspended its 2020 financial ambition due to the pandemic. That is the guidance coming through from akzonobel. Coming up, we will speak
Reaches a milestone. Good morning, everyone, and welcome to bloomberg surveillance. Im Francine Lacqua in london. We have breaking news the last 20 minutes. China says that the u. S. Has abruptly closed its consulate in houston. That is having an impact on the market. Lets get the markets. Risk sentiment looks a lot shakier after china says the u. S. Abruptly ordered the closure of its consulate. Most european indices have extended declines to session lows. S p futures accelerating their dissent. I did want to show you gold and silver. Lets get straight to the bloomberg first word news. Ispresident donald trump restarting virus briefings. There was a shift in tone with the president urging americans to wear masks and avoid risky behavior. The death toll for the virus in the u. S. Has topped 140,000. Cases are still growing, especially in southern and western states. President trump it will probably, unfortunately, get worse before it gets better, something i dont like saying about thin
Impact on Small Businesses is still unknown. Boris johnson announces a dramatic lifting of lockdown measures imposed in england as the u. K. s chief medical officer warns the virus will persist into 2021. Its just gone 6 00 a. M. In london, 7 00 a. M. In paris. This he question is why is Anthony Fauci talking about a disturbing surge . Are we preoccupied by the two magical words from Steve Mnuchin . We will exit the session at the end of the year, with 10 unemployment potentially. We are hanging our hats on the holy grail of hope, but the reality of real human hotspots in this covid crisis. Nejra yeah, absolutely. When you talk about the real human impact as well, yes, we look at the fact cases are surging in the transmission rate is actually above 1 according to some estimates. The real human impact is on jobs as well. There are really questions over when that support comes away in autumn, what that means for the jobs picture, not just for the u. S. But elsewhere as well. Manus no, yo
Features in the europe in europe and the u. S. Keep rising as the European Commission presents its Recovery Plan today. Jamie dimon places himself among the optimists who see a quick economic bounceback. Plus, stock deluge. More than 4 billion worth of equity offerings were announced just here in europe yesterday within 30 minutes of the closing bell. 2. 8llion dollars billion offering and is eager is the largest sofar this year. We are just under an hour away from the start of cash equity trading in europe and in the u. K. Lets take a look now at futures. We are seeing once again green arrows after the big rallies that we saw the last couple of days. It looks like the risk on mood is set to continue. Dax futures up 0. 4 . The dax index here in frankfurt closed up yesterday more than 100 points. It closed up on monday more than 300 points, bringing it to over 11,500. Take a look at u. S. Futures as well. We are also looking at gains in u. S. Futures right now after the u. S. Equity ind
Girls shes fighting corruption and force to be president of nigeria as aggressively joins me in the studio. Im Eddie Michael jr youre welcome to the Program France is asking its ruffian partners to send more so just to mali and other nations in the silo the region has seen an increase in attacks by jihadist militants only last week 40000000 so just died in clashes with militants france says it needs reinforcements from its fatness involved in training the mali an army so that its own soldiers can focus on the fight against insurgents yes a senior french diplomat speaking at a security conference in senegal on monday. We are committed to working alongside all friends in this a help working alongside mali. Mali is not alone in facing this situation says france is particularly committed to the anti insurgent operations in the sahara whose. Jihadists seized large parts of northern mali into into devolved before being repulsed milledge means avenging by friends the current of slinging viole