Mnuchin again today and we will hear from the treasury secretary in a few minutes at delivering alpha. Plus palantirs public debut, backed by peter thiel, it will be a direct listing at the New York Stock Exchange, lots to discuss there. And covid optimism, regeneron saying its treatment cocktail helps in the early stages of the virus and we will talk with the companys cofounder and chief science officer polarity on this hour jim, of course, you have to get the debate out of the way, everybody is talking about that and were going to hear the argument that if you look at futures and even some of the Prediction Markets today, theres an argument that the debate really didnt change the broad contours of the race. Before we got pmi, before we got this little squib from speaker pelosi, the futures were down very big. I was watching dom this morning, it looked like the market would be very ugly and i think that was because of arecognition that there was no way you could possibly have any sort
Quite a lot going on in the markets. Quite a lot going on in the u. S. President ial race, certainly in u. S. Politics with President Trump tweeting i think 25 times yesterday, not mentioning his wife or a lot of the white house staffers that have been infected with covid19 and saying that we should not be worried about it. Certainly, it will play out in the election. European stocks are struggling a bit for direction following yesterdays broad market advance. We are looking at dollar per much study. Other Asset Classes really little movement. Lets get straight to the bloomberg first word news. Heres leighann gerrans. The coronavirus can spread through the air to people who are more than six feet away from an infectious person. That is the latest guidance from the cdc. The agency says this message of transmission is uncommon method of transmission is uncommon and happens in places with poor ventilation. It raises new challenges for reopening businesses and schools. Coronavirus is sprea
Covid19. His physician warned he may not be entirely out of the woods. Global stocks still see modest gains. Hong kong maintains its coronavirus social distancing measures. 34 u. S. States see more virus cases than they did a month ago. The cdc warns the virus can spread indoors in the air beyond six feet. Deutsche banks ceo tells bloomberg exclusively it could consider m a as early as next year, but with one caveat. For us, it is important that we are not a junior partner. That means we first have to sustainably increase our profitability. We are just under an hour away from the start of cash trading in europe. We have german factory orders coming out on the ticker. Rising orders in august 4. 5 month over month. That is better than the estimate sorry well, the estimate and the previous reading or both 2. 8 . 4. 5 beat the estimate and the prior reading. Yearoveryear, you have to drop 2. 2 . It is not as bad as the 3. 8 that was estimated by economists, and not as bad as the 7. 3 drop
There are many reasons. And there are many alternatives to. Make up your own mind. Made for minds. A president saying hes better and markets on the rise. Moves from the hospital back to the white house marcus prefer to disregard that so far the us president hasnt been healed from closing 19 also coming up she earned her a name for herself by going after big tax europes top antitrust official tells us why her work isnt done and pare for some eggs from the web the chinese farmers are increasingly turning to online streaming to sell the products. Im Chris Culliver welcome to the program u. S. Stocks rose to their highest level in a month on monday with Investor Confidence growing over the possibility of a new fiscal stimulus to the markets also appeared to be called by news that u. S. President. Was leaving hospital following treatment for coverage 19 positive Economic Data from the Service Sector also helped asian trading on tuesday also bounced back. Lets get more from our markets corre
Eggs from the web chinese farmers are increasingly turning to online streaming to sell the product. And. The European Unions technology rules are stuck in the stone age thats the verdict of the woman behind the blocks latest effort to tame big tech you Competition Commission or mockery divest has long been a thorn in the side of the likes of apple and facebook now she says her proposals will lay down the law for those Companies Finally creating a Single Market for Digital Services. She said down with a reporter to no tomorrow. Thank you so much for joining us today commissioner its the pressure now digitalisation is of course a very important topic in europe and with your Digital Services act do you would like to see a range of rules imposed on Big Tech Companies like facebook and google and apple rules like making them share their data with smaller rivals what is it that you think that theyre doing that is so wrong. Well the last time when our democracies sort of say things you can do