Breakthrough could happen any minute. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The focus of courses on the markets, because we are expecting a lot of earnings, banks, roche coming out, and later, u. S. Stocks. Poundlso looking at the on the back of the selfimposed brexit deadline. If you look at some of the earnings, they reignited a bit of concerns about the number of cost cuts and job cuts. Time, you can see european stocks down 1. 7 . Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leighann good morning, francine. Disappointed by the slow brexit trade talks, and a call with eu leaders, he said he will decide after this wiis key summit if it is worth continuing to work for a deal. He previously indicated the u. K. Will walk away if no agreement by october. Germany is still optimistic a deal can be reached. Always the right way to discount questions that can be difficult, and sometimes at the la
Lisa hurricane laura is moving rapidly toward a category four hurricane, possibly inflicting billions of dollars of damage on the gulf coast. Interesting to see how that evolves with respect to oil prices. What else can 2020 bring . Tom it is going to bring a lot of challenges in academic growth. Futures red and green on the screen. Lets get right to the Business Review this morning. Ata what we are looking for 8 30 a. M. Is the july durable goods numbers. Interesting to see what this tells us about Capital Expenditures at a time of such uncertainty for companies. The u. S. Is selling a record 101 of a record 151 billion fiveyear yields. See viceing to president mike pence headlining day three of the Republican National convention. Look out for his 2024 that form, also expected money 24 platform, also expected to be his 2024 platform, also expected to be a potential candidate in the future. Tom we need to stop and explain jackson hole. It is a beautiful place with mountains that only M
The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President Trumps relationship and xi jinping. Protests in atlanta to report. Meanwhile an Capitol Hill Senate republicans unveiled Police Reform bill as House Democrats call for more action. Coming up at 7 00 a. M. Eastern this morning new york city mayor Rudy Giuliani will join me with his valuable insight on policing in america, the former mayor today telling us his reaction to all of this. Then cracking down on big tech, Justice Department looks to limit protections enjoyed by Technology Companies as c
We can and hold these families in our prayers. Thank you. Back live now on capitol hill where the House Appropriations committee is returning from its lunch break. They continue work on 2021 a spending bill. Live coverage here on cspan2. Mistaken at the best of times. They are unconscionable in the midst of a pandemic. I want to remind my colleagues that foodstamp spending is a powerful anti recession tool and has previously been estimated that for each dollar spent from benefits a dollar 70 is generated in economic activity. Let me say thank you again to chairman bishop, Ranking Member and their leadership and other areas of the bill. Their strong investments to ensure the continued availability and safety of the nation food supply as well as language designed to protect the health and safety of workers in our meatpacking plants and our poultry plants as well as the farmworkers who are out in the field every single day. I thank you very, very much that all of the attention youve paid
Borisjohnson commissions a review French Police have clashed into the two metre social with activists in several cities across the country, protesting distancing rule, as non essential against racism and alleged police shops across england prepare brutality. Around 15, 000 people to reopen tomorrow matt lucas and david gathered in central paris walliams apologise but clashes erupted, for the use of blackface make up and police fired tear gas at protesters who threw fireworks and bottles. Demonstrators demanded an end to racism as part of the worldwide in the Comedy Series Little Britain. Black lives matter movement. Boris johnson has ordered a review of the two metre social distancing rule. Rory mcilroy and justin rose are three shots off the lead many businesses and some of mrjohnsons own mps in texas as the pga tour returns. Have warned that large parts it could have been very of the Hospitality Industry will not different, though. Two bogeys and a double bogey survive if the rules a