500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an
Fines for not wearing a mask. Jimmy lai tells bloomberg he was arrested on trumped up charges. Our interview with the next didge tillman owner shooter. They push back against a groundbreaking green between israel and the u. A. E. To norlanderalize relations between the two countries. President trump says there is more to come from diplomatic efforts in the region. A very good morning to you all. We are just under an hour away from the start of the cash Equities Trading session here in europe. Lets have a look at where we are on the futures. It looks as if we could see in downside moving at the start, but we are generally drifting when it comes to the Global Equity session from asia to europe. We are expect to go see a little weakness. Some of the futures suggest it could be weaker down about. 2 or. 3 on a futures. Programs a different dynamic in the ftse 100. Lets have a look at u. S. Futures as they point to a little bit of weakness at the start of the u. S. Trading day. We see streng
What is going to be the outcome of this summit . The trilateral meeting . Seeing is that one leg of that triangle is in a bad situation has been japan and south korea on hostile terms for the past year. What they managed to do was pull forers of japan together their first summit in 15 months. We have seen the opening remarks from that meeting. Remarkably warm, considering what has been said over the past year or so. Both sides have pointed out the importance of the relationship and said they really want to improve it. The disadvantage they both face is their own populations at home are not necessarily keen on that idea we have seen a pull in japan that isin 70 of voters see no need to improve relations in any kind of hurry. What is chinajapan relations . That is something shinzo abe has been anxious to make an achievement of his long period in office. When he took office in 2012, relations were so bad there were concerns about military conflict over a territorial dispute. What he wants
For the city. Deals top 70 billion in just 24 hours. Just how much can m a avoid the risk rally . This is the European Market open. Less than a halfhour to go until the start of the trading day. A number of scenes to talk about. Not a great deal of movement in these markets as a result. We are kind of holding our ground after early risk appetite. When you look at the currency markets, a lot of that has been pared back. Expecting to see a bit of a bounce at the start of the trading day in europe. Lets put the u. S. Futures. Some moves to the upside also foreseen in the u. S. But not by any stretch large gains, partly reflecting the strength we have already seen this month and over the past few months on expectations of trade negotiation success and the Balance Sheet. Lets not forget the other factors that have driven us higher. Lets have a look at what is going on on the gmm. This shows us the Asian Session quite nicely. A mixed picture, quite a nice story for the session. We are not su
And manus cranny. French president hollande heads to russia today to enlist the help of president putin against Islamic State, a task made more complicated by turkeys downing of a russian jet. Hollande urged Angela Merkel to step up germanys government been to the cause. Ryan chilcote is in moscow for us. Things have changed a lot since hollande first planned his trip to russia. Update us. Russias spat with turkey is only growing. Russia today announcing new restrictions on turkish imports. There is some talk that they could go after food imports. It looks like they are going after industrial goods like detergent, some food imports. This after many russian tour operators canceled packages for russian tourists to turkey. Turkey is the biggest destination for russian tourists outside the former soviet union. This is a trade response, not a military response. If you look at the ruble today, you see something interesting. Thisuble down just a cad morning, but so is oil. You look at the las