Investors raise a glass to remy sending shares to the stop of the stoxx 600 it expects demand to bounce back in the second half of the year saudi arabia and russia reportedly reaching an agreement to extend the counts for another month but will still be held today. Lets kick off with fresh data crossing the wires. Weve got uk car registrations coming in for the month of may 89 lower year on year to just over 20,000 unities. We are looking at a picture of sterling versus a dollar recently trading coming off 60 basis points the auto sector selling off quick sharply. A few Different Reasons for that part of that the reversal for the trade come together in the last several sessions. Part is to do with the german stimulus package unveiled in the last 24 hours. Let me give you more detail. German stocks making autos the worst performing sector in europe after the package announced overnight failed to provide must feeding help. Providing a raft of measures including help for electric car buye
Released others disappear. Also coming up keeping up the pressure of mass demonstrations over racism and Police Brutality continue across the west are there any signs that this movement would result in a real go form as from crime boss to aid angel a former cape town gang leader distributes food to people hit hard by the corona virus pandemic g w looks at whether his operation is as innocent as it looks. Im sara kelly walked into the program we begin with a special report into the situation in chinas restive region where researchers estimate that up to a 1000000 people have been detained in socalled wi education camps the remote province in china. Far north west is off limits to the International Media the Muslim Leaders who make up most of the population there have long faced repression by the chinese authorities including in recent years lengthy imprisonment well now w. s Investigative Team has found that many imprisoned weekers inside of those camps have been forced to choose from a
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe
Disinformation and propaganda, President Trumps rhetorical assault on beijing steps up a gear. The u. S. Senate passes a bill to the last Chinese Companies on european and delist Chinese Companies on european indexes. The bank of england president said get of rates are not being ruled out. Plus, cut to junk. Angela merkel says a decision on the lufthansa bailout should be expected shortly after the German Airline becomes the latest to lose its Investment Grade status on the s p. Take a look at futures this morning. We do see losses in futures. Euro stoxx 50 futures down a little bit more than 1 . 0. 6 6 . Ures falling we see drops on u. S. Futures, as well. S p, and nasdaq futures all down by more than 0. 5 . Anna, the gmm . Anna lets have a look at the gmm. Quite a mixed picture in the Asian Session after some gains in europe and the u. S. Yesterday. Lifted in part by some better corporate reporting in the u. S. We see a little bit of nervousness around geopolitics and the ongoing ten
Problem for them. His address comes as the protests continue as does the unrest the brother of the man whose death sparked the demonstrations as issued a plea for peace and unity also coming up. A year ago this german politician was shot dead at his home a man is due to stand trial for his murder which is being linked to a disturbing rise in attacks by far right extremists. Plus Health Care Workers across latin america protesting against coronavirus working conditions they say a lack of personal protective equipment is putting their lives at risk. Im brian thomas great to have you with us President Trump has warned hell send in the military to end the violence thats accompanied the demonstrations sparked by George George floyds death. He was speaking at the white house as Police Used Tear Gas to disperse protest nearby later thousands of people marched through brooklyn and new york city shouting for justice the wave of protests began after a video emerged of a white Police Officer knee