Writtish capital is set to see tighter virus measures. Here in germany, new cases rise by a record amount. Goldmans golden earnings. The bank posts wall streets biggest jump in bond trading so far this season. Revenue at all four divisions is up on the year. And burriss johnson tells e. U. Leaders he is disappointed by progress in brexit talks. The city of London Corporation urges both sides to avoid an act of self harm. Just under an away away from the start of european and u. K. Trading. We are seeing futures down substantially across equity indexes. 66 . Futures down. In terms of u. S. Futures, we see losses of about a third after percent, a little more on dow ubledigit on the jones and s p contracts. Anna, what do you see on the gmm . Anna lets get to that and see what is happening over in the asian session. We are weaker. We have futures pointing lower in the u. S. And you were and weaker through the asian sector as well. Outh korean sector down by. 7 . A lot to think about. The v
Translator we decided that we need to raise the alert levels too warn residents that infection is spreading a surge in cases was rorted late last week when daily infection numbers topped 200 for totals have dipped slightly since monday, but numbers remain higher than in previous weeks. Experts say its becoming more difficult to figure out how people became infected. And theyre concerned that trend will continue. Translator in four weeks, the number of untraceable cases could be 16 times as many as now. That means about 1,200 people. If it continues t to double, eit weeks from now the figure will increase by 256 fold. The governor is once again calling on residents to stay within the prefecture unless crossborder travel is absolutely necessary. Shes also asking people not to visit restaurants and night clubs that arent practicing proper safety measures. The rise in infections is not limited in tokyo. 450 cases were confirmed across the country on wednesday, the highest since the nationw
Coronavirus cases and political tensions. The Trump Administration rejects beijings claims in the South China Sea, accusing it of bullying. The u. K. Is set to ban huawei from its 5g mobile network. The plan would mean British Companies need to remove huawei infrastructure by 2027. Welcome to the program, everybody. Lets check out the futures. Lots of moving parts in terms of the market action. Lots of geopolitics to talk about as well. We have futures pointing to the downside in europe. We have to play a little bit of catchup with the united states. Lets get to some of the breaking news out of the u. K. That is certainly going to be one of the focuses in our program. The u. K. Economy shrank by 19. 1 in the three months ending in may. Getting a three month figure. Main manufacturing production rising by 8. 4 . Somecoming out manufacturing facilities coming out of the Strict Lockdown measures, working out how to manufacture in the current environment with covid safe practices. Mayecono
At one point, they were convenience not absolute indicated up about 300 points on necessity as in the activity that positive news out of moderna. The s p is indicated up about 13 couldnt be performed, so even if youre working out of your points and the nasdaq would open home in new jersey, new jersey says wait a minute were not by about two points after a giving you a credit because you performed the work here. Strong dayyesterday. We get to tax you too. So both sets of taxes. All of those states are facing severe crunches at this point so i would imagine all of those states will be pretty aggressive about it. When you say you could do the work some where else, new york city was closed down, offices the nasdaq was up by 1 . Have been closed down. Employers didnt want people back in the building lets look at the treasury seems like a little extraordinary during these times. Do you think eventually what happens the states gettogether you will see the 10year now and work something out whe
That because there are a lot of people who just think if we can break through that then were going to be able to say when we get a vaccine its just going to be game, set, match for the bulls because we are already at this level without the vaccine i think that today is a confluence of goldman puts citi, wells fargo and jpmorgan in the rearview mirror. Its the old Goldman Sachs model. We have moderna talking up a blue streak this morning on squawk with meg making us feel like inject my left arm, please. We have the Goldman Sachs number that looks like the old days david faber, goldman reminds me of when i dont know, what, 18 years ago yeah. It is a report from goldman that is you can liken to sort of some of the earlier years of their dominance when they were only recently a public company, jim, or really lets not forget their record quarters were actually right at the end of the financial meltdown of 08, 09 remember the numbers they printed then but this is a very Strong Quarter for th