Couple of things. They are looking at numbers of infected across the world, but also the fed decision. Stocks are struggling for direction. Treasuries pretty steady. It is all about the fed, the policy meeting, and what they will give us in indications. In asia, modest gains in hong kong and south korea. They outperformed in china but low volumes. 1957. 157 lets get straight to the first word news in london with laura wright. James the uks looking at ways to loosen its coronavirus quarantine rules after restrictions on trips prompted backlash. One possibility is abandoning blanket restrictions in favor of regional bands and another is reducing the time passengers arriving in britain need to stay in quarantine. The u. K. And u. S. Voiced concern about hong kongs election after a flurry of media reports the government is considering postponing the vote maybe for a whole year. Hong kongs opposition argues the coronavirus outbreak is being used as an excuse to push off the pivotal election
And we expect a normalization of that. But you need to remember as well that in our case, we have been working to stabilize, grow the franchise, recover some market share, so what we are pleased to see is that underneath that sort of outperformance in the market environment that we have been in, we have seen really good franchise stabilization traction , client engagement, improvement in clients. We think that bodes well for the future. You are expecting slightly higher revenue for the full year. Not too conservative now given what we have seen in the first half . It it would be james would be a normalization but i think an improvement on last years second half. Again, especially in our businesses, where a year ago, we were going through a restructuring and there was some uncertainty around our people and franchise, so with that now behind us, we see momentum in the core business, and we would like to see a secondhalf performance well ahead of last years second half, but we will see ho
Were going to talk more about the tech sector. Is this a market moving event . We will get a take on whether the market should be paying attention to this. The banks are having a big day in europe. It is been a tough day. Barclays traders had a blockbuster Second Quarter. The lender is anticipating that the crisis gets worse. The ceo had this to say. Clearly there has been an extraordinary Economic Contraction globally. Particularly in the United States and in the u. K. A sizable reserve. The vast majority of that are derived by our risk models where we put economic forecasts into the models. Future unemployment rates, gdp rates etc. Those models produced impairment numbers. We think we have been conservative to build proper reserves. Economye how the particularly in the u. K. And u. S. Unfold in the next couple of quarters. We like the comfort of having strong impairment numbers. At the same time maintaining profitability for the bank. Youram looking at Investment Banking business. Fi
150,000 mark as texas, california and florida see record fatalities. Infections spike in china, hong kong and japan as well. Hill. Tech titans on the the ceos of amazon and alphabet and Facebook Face a virtual grilling over antitrust. Haidi lets get you started with a check of the markets. U. S. Futures opening flat, slightly higher that by. 1 . This after we saw u. S. Stocks extending gains in the regular session, the dollar declining estate as dovish as possible. The s p 500 gained more than 1 , adding to the july rally. 11 sectors were higher with tech leading the way. As i mentioned earlier, we are seeing that big tech antitrust showdown in congress ongoing at the moment. Nasdaq composite and at 1. 4 high. At a oneweek. The dollar weakness really resumed with the fed sticking with low rates. Look at what oil is doing. It has been the weak dollars supporting oil prices. We continue to see these gains of 41 a barrel. It was also propped up in the new york session by the biggest decli
[inaudible conversations] thank you, everybody. Thank you for coming. First a round of applause so excited to be hosting susan bordo and Katha Pollitt, and were also so luck to have Katha Pollitt here in conversation. [applause] so, welcome to become culture on columbus. And just a quick notice also, see a couple of cameras here. Were recording for booktv on cspan 2 so after the formal conversation well take questions but wait for me to find you with me microphone so they can hear you as well. A quick show of handed if it is your first time to book culture of columbus . Welcome. 20 years ago, this space was the endicott book septemberers but is closed along with men a wonderful become stores about we just celebrated two years here at 450 columbus. [applause] and were looking forward to staying here for many more. One small thing you to help is pick up a copy of two or three or four of the become tonight so we can continue to be here and host great speakers and talk about important topi