Fines for not wearing a mask. Jimmy lai tells bloomberg he was arrested on trumped up charges. Our interview with the next didge tillman owner shooter. They push back against a groundbreaking green between israel and the u. A. E. To norlanderalize relations between the two countries. President trump says there is more to come from diplomatic efforts in the region. A very good morning to you all. We are just under an hour away from the start of the cash Equities Trading session here in europe. Lets have a look at where we are on the futures. It looks as if we could see in downside moving at the start, but we are generally drifting when it comes to the Global Equity session from asia to europe. We are expect to go see a little weakness. Some of the futures suggest it could be weaker down about. 2 or. 3 on a futures. Programs a different dynamic in the ftse 100. Lets have a look at u. S. Futures as they point to a little bit of weakness at the start of the u. S. Trading day. We see streng
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
Of more support. European futures point to a negative open. A Company Agrees to buy its pivot toa deal as they innovative therapies. Good morning to you. Welcome to the European Market open. Just under an hour away from the start of cash equity trading in europe. Lets get to the futures picture. This is what weve got for you. Its interesting when you cast your mind specter friday. Friday straight and did with a minds back to friday. You might expect to see more catch up in the futures story for europe. Futures,or the bottom European Equity futures suggesting more down. Ftse futures fairly flat. It looks flat for the european start of trade. Interestingly, u. S. Futures expect to go higher even after we saw more strength in the u. S. On friday than in europe. We see more room for maneuver to the upside. U. S. Futures point higher. Lets get to the gmm. That shows you one of our headlines, around china, pboc injecting liquidity into the market. A lot of people are asking whether we will s
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
The cash trade is one hour away. Lets get your top headlines for you off the bloomberg terminal. Trump signsnald executive orders blocking u. S. Residents from doing business with tiktok and wechat. Shares in tencent plummet. The white house and democrats failed to strike a deal on stimulus. Trumps chief of staff says the differences are still significant as the july jobs report looms. We will speak shortly with Standard Life aberdeens deals, flows,bout and his successor. Results are crossing the wire as we speak. Annmarie, what do you see . Annmarie looks like it is a beach. Eps comes in at 7. 0 pounds. And then the first half adjusted pretax is 190 5 Million Pounds. The estimate was just under 180 so that is a beach and we will dig down deeper into these earnings when we have the ceo, next. I know you have some news coming out of berlin right now. Matt that is right. We have Industrial Production right now out of germany. Pretty backward looking because it is data from the month of j