Angela merkels coalition hammers out a 130 billion euro booster shot for the economy including Infrastructure Investment and rebates for electric cars. Only one option for the ecb today. The central bank is seen boosting its emergency Bond Buying Program by 500 billion euros. Some investors say anything less would cause a shock similar to marches selloff in peripheral debt. Falling in line. Hsbc and Standard Chartered both back to beijing when it comes to the proposed security law in hong kong. The latter saying it will maintain stability in the region. We are just under an hour away from the start of cash Equities Trading. Lets take a look at what futures are doing. We see red arrows, albeit small red arrows. Ftse futures down 2 10 of 1 . Dax futures unchanged right now. We are starting to see you as futures actually turn higher u. S. Futures actually turn higher. Dow jones is rising. S p and nasdaq futures still down. It looks like weve had some incredible gains. It would be Pretty A
Hoping to get a recovery after drop that we had since december. A s flip the board and have look at your individual benchmarks as well. Reported, a bit of a surprise when it comes to recovery broadbased as you can see across the markets there as well. And flip things along change things, have a look at your currency markets there, the second one is perhaps one of the measures, if you will, have u to be able to say we properly priced in risk remium on the iran story and has it been priced out. You see the second dollar, not retracing all the way back. Quick ng dollar and a check of your commodity markets, we checked and rude is off about 2. 50 per barrel, the highs yesterday, the 10yearyearold, nothing 8. 811 . Ng there, thats your market story for now. Stable. Are lets take it to new york with su keenan. Begin with former National Security advisor john to on says he is willing testify if subpoenaed during President Trumps impeachment trial in the u. S. Senate. Drama in the h it complic
And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at one point, this was supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a secondary marketplace for preipo shares and bloombergs crystal tse. Crystal they have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion valuation, and now we are hearing it could
Biggest refining hit by drones next last weekend. Shery we are seeing u. S. Futures gaining. 4 after coming from wall street fell on friday. We had trade related news, not being felt well by the markets. We were up throughout the session but then we had reports the chinese delegation would not be visiting u. S. Performs which led to a fall in the equity markets. There were concerns over the trade negotiations. We had consumer stocks declining, trade sensitive stocks falling like tech. The nasdaq fell the most in two weeks down. 8 . Rally throughout the week, yields going towards 170 at the moment but we are seeing u. S. Futures gaining ground after media reports saying the pullout from the u. S. Farm business had nothing to do with those trade negotiations. Lets see how we will set up in asia given the headlines. Lets go to selena. Markets are closed in japan so any moves are exacerbated by trading but futures are so far futures are pointing to a mixed open, slightly higher, seeing the