The former California Attorney general because the first africanamerican woman and first south Asian American woman on the ticket. Big revamp. They will exit all noneuropean Corporate Banking activity, and they forecast longlost loanloss provisions at 3 billion euros for the year. We will speak with the cfo of abn amro. Let me get to some of the breaking news we are getting here from the u. K. We have u. K. Gdp numbers coming through. We are looking for the month of june and for the quarterly figure. We have seen a rebound in the month of june at a. 7 . That was 8. 7 . That was ahead of the estimates. Thats the rebound for june. A rebound was expected. Quarter coming in at 20. 4 . That was with an estimate of around 21 . If you look at the year on your number, its similar. Its the extent of the losses that we saw in terms of Economic Activity in the Second Quarter. We look at things for a year on your number. Officially what we already knew because of the u. K. In the session. Saw the
Cash trade is less than an hour away. Here are your top headlines. Republicans unveil a 1 trillion aid package to bolster the u. S. Economy. More direct payments to americans and Liability Protection for businesses. Keeping the borders close. Bloomberg learns the eu is set barriers to travelers outside the block amid rising virus infection rates in spain and germany. Plus, better than bad expectations. Michelin reports operating profit at the highend of estimates despite swinging to a net loss. The delivery here was one of the big delivery hero is one of the big winners. Dont miss our interviews in this program today. We are seeing the ecb, breaking news. The ecb asking european banks to freeze dividends. You can always get the latest ecb headlines on your terminal. Type ecb go for a great dashboard. The ecb is saying it wants european banks to freeze dividends for the rest of 2020. The remaining four months of the is saying ite ecb least not pay at dividends until january 2021. There
Super. To be. Very good causes kind of into active exercises the hard thing about the d. W. Dont come slashdot actually and im on facebook and the im still. German for free with w. The phone. An environmental catastrophe and an economic shock in one of the worlds most beautiful places as militia struggle to contain last months mouth of the oil spill attention is turning to the long term consequences of the disaster. Also coming up corona virus infections are back on the rise and stay in a further blow to the countrys already feeling towards an industry. On holiday not home a few gallons are real. 6 National Parks in his bid to promote enough to tourism but can a local visitor and sustain an industry thats traditionally relied on to foreign money. This is a business im Kate Ferguson thanks for joining me its an environmental catastrophe in one of the worlds most Pristine Waters authorities on the island of shows have been working are running for a clock to contain last months Massive Oi
With the lower east. We can make a difference by choosing reforestation go through de forest recycling for disposable Smart New Solutions oberstein said you know where you stood is truly unique and we know that their uniqueness is what allows us to live and survive good morning dios be a morning to soon soon global 3000 long t. W. I dont know. An environmental catastrophe im done economic shock and one of the worlds no 3 and usual places as from the initial struggle to contain last months not the oil spill at attention is turning to the long term consequences of the disaster. Also coming out corona virus infections are back on the rise and stay. Do you like a part of their blows as that countrys already dealing towards an industry. On holiday not home uganda reopens its National Parks in its bid to promote enough to tourism but can a local visitor and sustain an industry thats traditionally relied on to foreign money. Its business im Kate Ferguson thanks for joining me its an environme
Once again i say good morning to we have been full by randomness. The story of the french banks this morning is absolutely extraordinary. Francine the french banks, but actually hsbc also disappointed. That is why we are seeing a to thebit of weight banking stocks in europe. I know you want to start with your data tom. Volatility for august. Tom lets do the data check as we go into august. I like what kit juckes of socgen says. August has some risk to it, and we start out with a turn. The markets lower, but the nasdaq 100 trading abruptly higher in america. We will have to see how the tech stocks open. In the yield space, it is a jumble right now. Maybe Early Morning u. S. We are not there. As we see the churn in europe and such. The real news is the u. S. 10year inflationadjusted piece. 1. 01. It breached one on friday, or maybe it was thursday. That is a huge indicator of disinflation. Merrick and oil under 40 a barrel gets my attention american oil under 40 a barrel gets my attentio