Be risk on. The cash trade, less than an hour away. Here are your headlines. Big attack its even bigger. Alphabetacebook, and tune to techsumers to solve the problems of a global lockdown. The French Economy shrinks 13. 8 or after an increase in jobless claims shows the recovery is in shaky ground. Ibar, bnp arab are par beats all but one of the big wall street banks. Just an hour from cash trading. Lets look at futures. Futures futures, u. K. Are down but only slight moves. Nothing material. Nothing to show us what kind of direction we can expect. Futures right ww, if you take a look at the eif screen, also slightly mixed this morning. Of working slew earnings news. I will kick it off right now with natwest. Impairment charge of 3. 54. 5 billion pounds. Expecting less than one billion. In the Second Quarter, more than doubled the impairment charge for the full year. The company expecting at least possibly up to 4. 5 billion. The operating lost was 770 million pounds. Have iag asyou we
The best day in two months. This may suggest that despite the fact we have a huge gains to the mega cap stocks, there is uncertainty from whether there will be fiscal stimulus from d. C. , other earnings report, big oil doing poorly. Not a lot of cyclical bullishness at this moment. There are concerns showing through that haven yen getting such a big bid on the day against big tex strength. Taylor when you talk about that big tex strength it is the big tech strength is exacerbating the trend hows that faring as the winners continue it to extend the gains . Abigail it shows on a yeartodate basis. Apple is up yeartodate as a sign of the winners. Chevron, which also reported today, down more than 30 . If we were to take a look at this relative to the s p 500, we will see on the year apple and amazon up in a huge way. On the other hand, the s p 500 flat. The s p 500 equal weighted index is down almost 9 . This is the tale of two stories relative to stocks around 2020. The pandemic haves, t
Passed a resolution that will extend the term of hong kongs parliament by another year. The head of the Un Food Agency says hes worried lebanon could run out of bread in about 2 and a half weeks David Beasleys in beirut assessing the impact of last weeks catastrophic port blast he spoke during a un briefing on the humanitarian situation 85 percent of lebanons grain came through the devastated port area the World Food Program says its sending 50000 tons of wheat flour to beirut to stabilize the supply beesley says some of beirut port could be reopened quickly to restart imports christensen him in new york explains what else was discussed during that briefing. This was a chance for the humanitarian affairs chief to brief members states on the situation on the ground in lebanon and the International Response so far secretary general antonio terrace called it a huge catastrophe coming on the heels of the socioeconomic problems the coded pandemic and now this explosion and while he was call
Pakistan and in school the Los Angeles Lakers are leading lights and a 3 game losing streak because you know the game winner for the top team in the n. B. A. s western called. Better russian opposition politicians for atlanta has left the country and is now in lithuania she confirmed the news in this you tube video that follows a 2nd night of violent clashes over disputed Election Results the Election Commission says the longtime president elect on the one sundays election by a landslide police in belarus said that a protester died after a bomb exploded in his hands. Of 0 step bussin joins us now live from minsk step what reason has she given for getting out of the country. Yet adrian it was a very dramatic statement i thought not. Basically period she told all her supporters that she made a fairly fairly difficult decision to leave the country she said i hope youre never going to be in the situation that i am right now and she hopes people will understand that she said people will als
Accused of masterminding the massive task of prominent twitter accounts 2 weeks ago. And zimbabwe sends out its military to enforce a ban on antigovernment protests dozens of people are detained. Now Hong Kong Police are reportedly seeking the arrest of 6 prodemocracy activists living in exile as china steps up its enforcement of its newly imposed National Security they include former u. K. Consulate worker simon chang prominent activist nathan law and u. S. Citizen samuel chu now chang says he was tortured by the chinese authorities for information about hong kongs antigovernment protests while north fled to london soon after china imposed that National Security law and truth founded the Hong Kong Democracy Council in the United States the police have declined to comment but it would be the. Time to talk of an activist outside the 50 under the federal law joining me right now from los angeles is samuel chub one of the activists whose arrest has been ordered by the police as weve been