Book of the former National Security advisor say the president sought xi jinpings help to win reelection. Futures takepean turned lower as coronavirus cases rise in china, brazil, and several american states. President trump escalates tension with beijing, signing a measure punishing officials for imprisoning more than one million muslims. Plus, the bank is expected to boost bond buys by 100 billion pounds today as investors watch for hints on curve control. The market still sees rates going negative in the u. K. Next year. We are just under an hour away from the start of cash trading across europe and in great britain. Lets take a look at the futures right now. Euro stocks futures down. Ftse futures off almost 0. 7 . U. S. Futures are almost down 0. 5 for the dow and the s p 500. Nasdaq futures doing a little bit better, but still in the red. Anna . Yes, lets show you what weve got on the gmm this morning. Reflecting on what has been happening through the asian session. A mildly negat
Ad the u. K. Is to planning custom regime at its border. Michael is expected to rule out extending the brexit transition period today. Welcome to daybreak europe. We saw quite a drop, the stop and 12 weeks in the s p 500, declines of almost 6 . Somehow they are saying it will be normal. You see consolidation, gain in futures following a drop like that. Whats it about jay powell . Was it concerns about a second wave . Or was it because of bullish positioning and sentiment getting a little too stretched . Whatever it was, youre seeing the selloff continue in asia today, about 1 or more in u. S. Futures. The european futures firmly in the red. We saw some Dollar Strength in yesterdays session, which speaks to studying somewhat today, a drop of almost six basis points in the 10 year treasury yield. We move up 2. 5 today, and oil set for his first weekly drop since april, being swept up in those second wave fears. As i was saying, he was stocks saw their worst selloff since march, with almo
Action now we are in the preparation but this is a big thing for the banks. You know the action we are in before now are becoming entireliness to take intoation for the reduced amount renault rallies on a plan to revamp with a plan with nissan and mi and. In hong kong, legislators debate a Controversial National anthem bill. A warm welcome to street signs this morning. European markets have been open about an hour now. Weve seen stocks advance. Going about 40 basis points higher we saw the risk on trade come higher in europe, we had travel and leisure going about 20 . A lot of reopening of the economies and airways with germany coming into focus to lift its warning for travel around europe in midjune. A lot of hopes around the summer months and the reopening all eyes on the European Commission we are looking to see whether they build on the french german agreement around a Eu Recovery Fund later today a lot of attention around the fiscal response. Weve heard from the ecb and the questi
Protests hammer u. S. Cities nationwide for a seventh straight night. President trump threatens to deploy the military to end what he calls the lawlessness in the streets. U. S. Futures slipped as new york goes under curfew for the first time in over 70 years. As we pointing higher said. The u. K. Virus infection rate falling to its lowest since march. And a second wave of stimulus cannot hurt. Angela merkel looks to broker a deal on a stimulus package with 100 billion euros here as the u. K. Chancellor plans to prepares plans to bolster growth after Emergency Support is withdrawn there. We are just under one hour away from the cash equity trade here across europe. Lets take a look at futures, keeping in mind that the german dax was closed yesterday. It is up about. 5 in terms of futures. Euro stoxx 50 futures, the 6 . Chmark up. Ftse futures up. 4 . They have been positive just about one hour ago, at least partially. Now mastec futures are still keeping their heads above water. We are
In poland more than thirty years ago, following a bitter and divisive campaign. Donald tusk said polands bad days were over. Translation yesterday people approached me and asked, will you be able to do it . It wasnt possible for so many years. This is the end of this bad time. Of the rule of law and justice. Donald tusk, who did work in brussels as the European Council chief, has pledged to reposition warsaw on a firm pro european path which could unlock billions of euros in eu funding withheld by the European Commission in a spat with the current government over judicial reforms. To talk us through whats at stake im joined by bert colijn senior Eurozone Economist at ing bank. A warm welcome to the programme. Do you think brussels is Breathing A Sigh of relief as it looks at how this General Election has unfolded . Well, i think that if we look at these first pulse and indeed if this is how a coalition is ultimately going to be formed, i think it will make things slightly easierfor i t