A country eases restrictions and restarts professional sports and the biggest t. V. Network in the philippines is ordered to shut down after and lengthy dispute with president ordering go to take. The air one of the toughest coronavirus lockdowns in asia is to be eased even further hong kongs chief executive kerry lamb says cinemas and bars can reopen later this week while secondary schools will restart later this month a knock down was imposed in hong kong in march theres been no new domestic infections there for 2 weeks now elsewhere though the u. K. Is still in the grip of the pandemic it now has the highest number of deaths in europe and russia has reported 10000 new cases for the 3rd day in a row it brings the number of confirmed cases there to around 155. I found a worldwide more than a quarter of a 1000000 people have died this is the John Hopkins University corona virus tracker it says they are more than 3 and a half 1000000 confirmed cases across the globe. Is katrina you now
Nordstrom, one of the retailers that defined expectations this week, it seems like the market is all over the place with these retailers, to put out a positive vibe for the holiday season. Earningscame out with that pleased the street. A lot of shortsellers likely to get squeezed today. Other consumer goods were up 6. 5 . Smuckers has been punished with the likes of conagra and campbell. Guy in europe, we have stocks higher. Volume looks all right. The pound trading lower. In terms ofk services and manufacturing. We saw a week data coming out of the eurozone. Christine lagarde has been talking in germany, talking about the idea that we need some joined up thinking when it comes to Government Spending and monetary policy. Will that actually deliver . We will wait and watch. Vonnie lets get to hong kong. U. S. Legislation supporting protesters has been drafted and agreed to by both houses. As for President Trumps signature, he is counting amid trade talks with china. I stand with hong ko
Want a role in the new government but tells me rome is open for business. I can have vote of confidence i can support. I can block salvini and give a message to international investor, please invest in italy. Europes real estate index hits the highest level in a month fuelled by German Property stocks following a report that a plan could be less strict than previously expected. And Boris Johnson vows to step up the tempo on brexit talks as he braces for a show down in Parliament Next Week with opposition leaders ready to ignite attempts to block a no deal well, a very warm welcome to street signs happy friday to you. Markets ending the week on a positive note as far as we can tell extending games this morning the stoxx 600 up about 0. 6 . This followed a solid day where the benchmark ended 1 higher. We saw strong gains in most regions. In particular strength in the ftse mib closing up nearly 2 yesterday. A lot of movement on the political front and resolution coming with the new coalit
Outperforms european rivals with earnings that beat estimates. We speak to the ceo, bob dudley, in just a moment. Back to the table, chinese trade negotiators hope the u. S. Hosts the u. S. Trade team as huawei reports earnings. Mexicos president says he wants lower rates to boost. The economy is not growing as we would want it to grow. On the other hand, there are no risks of recession. Matt less than a halfhour away from trading across europe and in the u. K. Im looking at a fiveyear chart of the pound. We are getting back down to the 2017, asit in 2016 and the likelihood of a hard brexit seemingly increases. That is not affecting equity Index Futures in a negative way. Take a look at equity Index Futures across europe after the gains that we saw in asia. We still see gains in ftse futures, as well as cac futures. However, dax futures are still down this morning, although just marginally. Euro stocks, ftse futures indicating a flat open. What are you seeing on the gmm screen . Anna l
Session. The French Market has been up 1. 3 for the week. Fresh alltime intraday high yesterday. Although there is softness on the dax, we are seeing fresh territory. As we get going this morning, we are seeing green moving on the board of the stoxx 600 and fresh alltime highs yesterday. We are looking for the levels to be breached today. Stateside, data is expected which is producer prices. The last seven, the market was questioning the theory of the deep disinflationary cycle. Just challenging the narrative on that perhaps thinking we may have sticky inflation. What we are reading the ppi prices is key. On the consumer, we will see how resilient main street is at this stage as we continue to see pressure on the household wallets. Retail sales will be important. We have a little bit of green on the boards. Up modestly at the sector level which suggests we are mostly positive. A couple of red arrows at the start. Basic resources down. 25 . Shuffling weaker with the banking names. Stand