Come to a deal. We will have more on that, but still a super solid bid. We will break down all of this for you coming up. Coming up we will be talking to richard horton, and also mike wirth, the chevron chairman on the latest takeover. Leaders reconvene in about one hour for stimulus negotiations in brussels. Here with more is michael mckee. There is so many details within this. I guess the bigger question is, is this actually good . Michael that depends on your definition of good and the timing. Timing is the issue with getting the deal. They have been negotiating for quite some time. Everybody is focused on these negotiation. They talked through the night recessing at 6 00 in the morning. They should be Getting Started any with the new idea on the table. The big fight is over how much of the package is going to be in grants and how much in loans and have conditions attached. The frugal for countries led by luxembourg and austria and the danes have said they do not want most of this t
Theres a lot of commentary, some people saying its a win for congress and the prosecutors, some for trump, what do you think . Well, it is a split decision and frankly it was john roberts finest day, a lot of controversy, here he managed to hold together two 72 coalitions, alito and thomas were sort of with him in general, they meanted even more basically. The cases will now continue. Its not a slam dunk that we are going to see the tax returns tomorrow or anything like that, and effectively pushes it past the election, but the really thread of the needle in min takenning the balance among separation of powers between legislative and executive branches as well as federalism with state inquiries into the federal executive. Paul i think i disagree with you. What i worry about is what alito talked about, 2200 local prosecutors, a lot of them politically motivated. The courts did set up standards but i wonder how strict they are going to be and how strict local strict federal judges and ot
It will have to wait. The word from u. S. Congress as the next tranche of stimulus may not come until august. President trump holds his first briefing and says wearing a mask is patriotic. And mixed picture for stocks but the euro holds onto gains after hitting an 18 month high as european earnings continue. Beatics company abb estimates and we will speak to the ceo shortly. And elon musks next payout. The tesla ceo qualifies for 2. 1 billion more as the market value reaches another new milestone. The big test comes today as they report earnings. Under one hour away from the start of cash trading in europe. Lets take a look first off at futures. They are down. Looking at jobs of about. 25 to. 33 . The euro is one of the most interesting stories today. What do you see on the gmm . Got a little bit of weakness coming through in the Asian Session, down. 2 . Some breaking news. I mention it because it is good news. Operating, a business in u. K. Retail, i had to read this twice to make sur
Flares up again this time over hacking accusations of market correspondent will fill us in. And shop til you drop well that was difficult securing lockdowns now retailers can sell again but those based inside shopping malls have a hard time getting back to normal. I want to come to the business after this his visit to london today the u. S. Secretary of state my compare today arrives in denmark on the agenda is likely to be the topic of whether greenland is for sale a year ago the United States and now they were interested in buying the territory rich in Raw Materials but denmark rejected the proposal another point of contention could be the north stream 2 baltic sea pipeline which runs through danish waters. And sanctions towards Companies Involved in the project the us is wary of russias growing influence in europe. For more im joined by claudia conferred the face of Energy Economics and sustainability of the German Institute for Economic Research good to have you with us please expl
Theseard some of questions wrapped around the surging equity markets that we saw yesterday. Jon is going to do the data in a bit. We saw a pullback in the data this morning. Butee it in bonds as well, a most interesting day all in all. You centered your data checks on the mystery of the u. S. Dollar. We are going to address that in a bit, but it is still a remarkably resilient u. S. Dollar. Jonathan and a hugely divisive debate at the moment about geographical bias. A lot of people focused on that word divergence. What is the reopening we can depend on . Is it not the United States . That is the question that has come up continually. For this recovery, the reopening, it will be bumpy and we will see a lot of evidence of that today in australia. At theu mentioned this top of the last hour. To see melbourne on official relocked down, that was sobering. Of about 5ity Million People and a daily infection rate pushing 200. It is a different approach. It is about the science, yet the policy