There is quite a lot going on in the markets mainly because of the threshold that markets crossed yesterday. Lets have a look at what that means for european stocks and even the global stocks rally pausing. We did have the best monthly gain in three decades. Investors awaiting a lot of Economic Indicators that could support the. Rally in risk assets. We have Consumer Confidence and of course personal income. We did have a gauge of asia pacific shares gaining. Above 45 alding barrel, and i also wanted to show you bitcoin and a second, because they were also, you know, within a sliver of a record high for bitcoin. At 19,130. It now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. France will gradually start using its lockdown from sunday. Museums will follow suit from december 15, but restaurants will remain closed. President Emmanuel Macron says vaccinations could start at the end of december or in early january. M
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
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
Sto stocks of their 16 years and one of the Worlds Largest Digital Currency markets. Ge trouble shares the mark as the Company Takes a 6 at t 2 billion charge after reviewing the portfolio. It feels 12 days ago the dow passed 20,000. We could see 26 k at the open. Their best start of the year since 2003 it is actually seven trading sessions, jim, a thousand point. Yeah, there were some really good quarters on friday kind of confirming things. It is very positive and almost every single line item wells fargo is surprisingly positive and pnc is pretty good. Blackrock was the most amazing it had a gigantic amount of money coming in and they talked about deaccumulation when it occurred and obviously, no time soon talked about the idea of longevity and the need to be able to save and how money comes into equity. The most important call so far really, blackrock yeah. You saw the piece today on social responsibility and larry fink and not unimportant also. No. I think it was a very good artic
Planning to withhold billions in payments if that you does not play ball on trade. Itare waiting for the latest is bce earnings under the outgoing ceo. We will bring you the numbers and analysis, this hour. Ael signs a gas as port export deal with egypt. It is 8 00 a. M. Across the emirates and 4 00 a. M. In london. I am yousef gamal eldin in dubai. China has yet to come back online, but again, asian equities taking their cues from what was a slightly weaker lets run you through the Key Highlights in these markets. Gmm is the key function on your bloomberg. Linesleins being de being led by the japanese nikkei. Profittaking hitting electronics and automakers specifically and weakness coming through here. The philippines and south korea. Were looking at a backdrop here of a slightly stronger u. S. Dollar playing out in the Foreign Exchange column, the. 2 5 index short of higher. A bit of downward pressure on the norwegian krone. 1 at 62. 29 per barrel. Opecore comments from the secretary