Recovery fund today. France and germany push for an agreement by next month. Its cio. Suspended coo. The stock plummets 67 after a false delay to the report. Good morning, everybody. We are just under one hour away from the start of the cash equity trading day. The final day of this week. It is friday. Thats have a look at the futures and what they tell us right now. We dont see a great deal of movement in any of these markets. European futures suggest a little bit of movement to the upside. U. S. Futures suggesting some movement in an upward direction,. 5 . They do seem to be improving as we go through the last hour or so of the trading session in asia. If we put up the gmm, you can see we are up we are up by. 2 on the msci asiapacific. Making some modest gains. It does seem the risk rally has come to some kind of a pause. Fatigue. Maybe that was the best way to sum up what was going on. Said, it does seem as if Global Equities are oncall to make some global gains, at least for the we
The who reports the most infections for a single day. Global stocks trade lower as u. S. Futures swing from gains to losses. Bloomberg learns the german lender could cut up to 7000 jobs and shutter 400 branches after its current costcutting measures were called in abject failer failure. And starbucks, pepsico, and biaggi out are the latest pump needs to curtail ad spending on facebook. Pressure on the company to crack down on hate speech shows no signs of slowing down. Just under one hour away from the start of cash equity trading in europe and the u. K. Futures red across the board. In europe we are looking at 1 plus losses. Germany. Much here in euro stock futures down about. 75 . U. S. Futures swinging from gains to losses. Now we are looking at about a. 25 drop for the s p. Nasdaq futures down about. 5 . What are you seeing on the gmm . Anna in conjunction with european futures, they. 4 a point forening they a weaker open. Chinese equities looking relatively resilient. Japanese nik
That is where we are at the moment. Another down day for crude. Brent also down. Tom lets get more analysis on the market. When you look at what happened with help things are playing out in asia, is it taking offer a stellar quarter . Probably a bit of both. Concern withys the cases we have seen. In cases like texas. They have a bit of a crisis going on there. The fact that new york, new jersey, and connecticut have now set a quarantine for people who travel from these hot zones and the rest of america. Imposing an economic constraint. They are worried there will be another abruptness to this. That the Economic Growth that america had. In states of new york, when they take this action, that is a worrying time. That would hurt businesses on a much bigger basis. That is what wall street is concerned about. The hit to the economy. There has been talk the u. S. Government is getting ready to do a fourth round of fiscal stimulus. There has not been any details yet. The market would be conce
Outbreak. Fishermen rescue nearly 100 refugees now indonesia says it plans to push them back out to sea. Lets begin with some new developments in the global Aviation Industrys effort to survive during the coronavirus pandemic more than 40 Major Airlines have been forced to ground their entire fleet many have suspended over 90 percent of their flights strayers Largest Airline quantas has Just Announced 6000 job cuts so ordered a bid to lower those costs as it fights to stay in operation germanys love tanser the 2nd largest in europe has signed a deal to secure a 10000000000. 00 government rescue package but in the us where travel demand has picked up a little since april the number of people passing through airports is still down more than 92 percent compared to last year. So now dominic amy joins us from berlin so its all its all about looking very good for the Aviation Industry very guess relatively speaking left hand has been lucky right. Well if it is lucky then certainly from the t
Epicenter of the outbreak in the united states. Jobless and hungry the Pandemic Forces thousands in bangladesh to leave the capital and head back to their villages. And sport the house and the 2023 womens world cup will be announced later on thursday colombia goes against a joint Australia New Zealand bed as they all lied to stage the competition the 1st time. We begin with new developments in the global Aviation Industrys efforts to survive curing the coronavirus pandemic more than 40 Major Airlines have been forced to ground their entire fleets many have suspended more than 90 percent of their flights australias biggest carrier quantas today announcing 6000. We cut in a bid to lower costs as it fights to stay in operation germanys lufthansa the 2nd largest in europe has signed a deal to secure a 10000000000. 00 government rescue package but in the u. S. Where air travel demand has picked up a little since april the number of people passing through airports is still down by more than