Surveillance. I am Francine Lacqua here in london. This is what the markets are looking at. We are trying to look out for any spot here in europe. Are am looking at what we in general focusing on, of away fromare that key data hours away from that key jobs data in washington. Of course labor day holiday, gold taking higher. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Avoiding a Government Shutdown right before the president ial election. Sources tell bloomberg House Speaker nancy pelosi, treasury secretary Steven Mnuchin and made this in full agreement on a phone call on tuesday. They were on a stalemate after virus relief to hold up a virus a stopgap spending bill. Meanwhile, Financial Aid to shore up the financial recovery, according to chicago fed president charles evans. He said the stalemate in washington is a significant downsize risk to the economy. Even with the deal, evans down beat on the econom
Kind of rally. Eurodollar on the high, up by. 3 . We will break this down over the next hour, particularly in regard to earnings. We talked to cocacola ceo James Quincey. Francine and what they do in terms of innovation Going Forward if they are looking at football or cricket with a sip of coke, i wonder if they will change to try to get people more drinking at home to the cocacola products. 750 euro stimulus. What she said was that it was quite hopeful for the future because it shows cohesion for europe. Joining us from brussels is maria. We were expecting a deal and then we worked and that we werent, and then we were. We finally have a deal is it a good deal . Overall, whene, you look at the numbers, you can say it was not as ambitious as the initial program. If you look at the allocation for a country like italy or spain, badly hit by the coronavirus, they are taking home 82 and 72 billion euros, this is money they will essentially not have to pay back. This is not extra debt will h
Stage an uprising over the euro grew presidency striking a blow to the blocks major powers. Merkel says the eu needs to combine aid with rome forms reforms in a message to the fruit before. Equities slip. Stock rallyhot cools. State funds start selling, assign the government wants to slow the surge. Daily virus cases in the u. S. Continue to hit new highs, worrying investors. Stuck in the middle. Global banks risk being caught in the crossfire of chinas new law in hong kong. U. S. Sanctions against it as compliance with one may mean breaching the other. Just under an hour away from the start of cash equity trading across the road. Take a look at futures here. We are looking at red arrows. Not a lot of size there. If you look at u. S. Futures, red arrows that are much bigger. 5 10 of a percent losses. S p down. Nasdaq looking a lot more risk off in terms of the futures contracts then european futures contracts do. What do you see on the gmm . Anna the selling you were talking about in c
Hello and welcome the cross for all things are considered im Peter Lavelle the Atlantic Alliance the bedrock of the post world war 2 Global Security order is slowly but surely unraveling more and more often washington and brussels diverged on important Foreign Policy issues today europe has a choice to defend its interests or fade into oblivion. Crosstalk in the Atlantic Alliance im joined by my guest mark allman an ox. Hes the director of the Crisis Research institute in london we have Jonathan Steele hes an International Affairs commentator also in london we have a real because he is founder of a k. Consulting and a Foreign Affairs analyst or a gentleman crosslike rules in effect that means you can jump in anytime you want and i always appreciate mark let me go to you 1st here and let me just read you 2 quotes here number one foreign minister lavrov in munich saying quote change course speak for its too late and we have the new head of the European Unions Foreign Policy arm he he als
Standards of the last night as you hijack the next mission. Of the football team. A new one who is still more on the move along with the snooze through learning one thing for not. So would you hire the model he tried to use in to do. The new one on the media house on the net or classroom. Lowing welcome the cross for all Things Considered im Peter Lavelle the Atlantic Alliance the bedrock of the post world war 2 Global Security order is slowly but surely unraveling more and more often washington and brussels diverged on important Foreign Policy issues today europe has a choice to defend its interests or fade into oblivion. Crosstalk in the Atlantic Alliance im joined by my guest mark ullman in oxford hes the director of the Crisis Research institute in london we have Jonathan Steele hes an International Affairs commentator also in london we have a real because he is founder of a consulting and Foreign Affairs analyst all right gentlemen crosslike rules in effect that means you can jump