Economy. We do think this is going to take some time yields on both sides of the atlantic fall. U. S. Futures suggest the dow will open 500 points lower travel and aviation crowd the stoxx 600 as lufthansa warns of deeper job cuts and unsettled return to work take away shares turn hire as snatching up grubhub. Beating uber to the top seat at the table. A very warm welcome to street signs. It has been a pretty remarkable morning already in the first hour of trade. Weve got a substantial selloff. The stoxx 600 down by 2. 6 it is really a sea of red. Just over a dozen stocks are trading in positive territory. This comes after the Federal Reserve meeting yesterday where they vowed to keep rates near zero through 2022. They forecast about a 6. 5 contraction. When looking at a policy stance and eyeing up some fresh ip infection data and seeing a rise of new cases in the west and deep south concerns of the implications of opening up the economy and measures in terms of infection rates. Renewe
Watching from asia. Welcome to bloomberg surveillance. You are just getting that decision from gorgeous norges, this is an interesting rate on how to set Interest Rates. A hawkish stance because of weakness in the national currency. But given the rest of the world is much more dovish and weaker President Trump putting pressure on the fed to cut, it is interesting if you are one of the lonely banks out there that wants to hike. Overall, european stocks are unchanged. , which gave sold much fear and anxiousness on the markets, currently stabilizing at 2. 01. Will have extra checks throughout the day and more on the inverted yield curve. Coming up, axis of conversation with Philipp Hildebrand, the blackrock vice chair. And exclusive conversation with Philipp Hildebrand, the blackrock vice chair. Lets get straight to bloomberg first word news in new york city. Warren buffett has upped his wager in amazon. Hathaways stake in the ecommerce giant rose 11 in the Second Quarter. It is now value
, and in case of nonapproval of the alternative and corrective proposals of the commission or mourning, this Recognition Assembly also said that the maximum opportunity to express an opinion the collection of disputed cases is only three months it can be extended for another three months. In the continuation of the member Recognition Assembly meeting, after listening to the words of the proponents and opponents regarding note 2 of article 4 of the Central Bank Plan , which is allocated to the shares of the central bank in its subsidiaries, the opinion of the parliament was considered expedient, as well as clause a of the article of this plan. Which is related to the composition of the members of the Central Banks supreme board and the Selection Process of four of the economist members of the board, for further investigation, refer the fraud by renting properties rented by a Real Estate Company to the representative of the ministry of roads and urban development in the affairs of real e
, we will present 500 plots of land to the people, and in the same way , 500 thousand plots of land will be presented to the people in the urban area. 325,000 plots of land have been given to my dear people in ahsan country and another 15,000 will be handed over to my dear people by the end of the year. The oil minister also explained the objectives of the first Vice President s visit to gaza in the field of oil and gas cooperation. Discussing the export of Technical Engineering Services , export of petrochemical products, development of oil and gas fields, investment in the oil industry, as well as the transfer of Energy Transmission lines, especially the transit of gas from russia to kazakhstan. Uzbekistan and iran. We 55 million tomans of the National Housing Development Fund will be paid to applicants in all cities and provinces. The head of the Housing Economics Office of the ministry of roads and traffic announced this and before this , construction studies in tehran province. 45
Other measures in this field. The new ambassador of saudi arabia in iran presented its credentials to the president , asked the diplomatic apparatus of the two countries to try to strengthen bilateral beneficial relations and secure the interests of the nations of the region and the islamic world. the issue of one fabric and unity of the islamic world could have prevented the oppression and aggression of the zionist regime and the excesses of the western supporters in a more effective way. To be the new ambassador of saudi arabia , while offering the warm greetings of the king and crown prince of saudi arabia to the president and the people of iran , described the relations between iran and saudi arabia as very strong and said iran has helped saudi arabia in many fields and issues and we hope to see the improvement and expansion of relations between the two countries. In the ceremony of receiving the credentials of the new tunisian ambassador, the president also noted the countrys seri