And irelands Pascal Donahoe is chosen at the next eurogroup president. He says the focus is to bring back jobs. I will play my part in working with all members of the eu eurogroup to make sure this group makes the contributions. The challenges are great but we will prevail and will overcome we kick off the show this morning with a major oil report crossing the latest is that the organization has bumped up its 2020 Oil Demand Forecast today but it has warned that the spread of covid19 has posed a risk to the outlook. Steves been pouring through this document and has all the analysis ill be honest, not every page i think its 81 pages i have from our friends at the iea. Its pretty much what the doctor told us oh, gosh, we interviewed him on stn a few weeks ago. The situation at the moment is its halftime in the year, of course theyre hoping for better out of the second half of the year. The commentary is casting a shadow and quite interesting. Saying, look we think things are going to reb
How to taper without hitting prices . Polands president ial election is too close to call. We have the incumbent ahead by a thin margin. The result is seen as pivotal for the nations future ties with the European Union. Welcome to the European Market open. Matt is off this week, but just a month under an hour until the start of the trading day. European futures and u. S. Futures for you and both tell a similar story. European equity fund its pointing to the upside, u. S. Futures pointing to the upside. Between. 6 andp. 8 . Weve got u. S. Banks reporting, plenty of those coming through the week. Weve got a few Central Banks giving us their Interest Rate decisions, a little less likely to drive sentiment this week. Looking to the earnings season for any clues. Lets have a look at the gmm to see where weve been overnight through the Asian Session and any clues into the european session. Flying, chinese assets taking off despite caution in chinese papers. The japanese nikkei come also stro
Coronavirus cases top 12 million. Vice president pence says schools should reopen. Raphael bostic warrants about the hit to Consumer Sentiment. Stock market frenzy pushes the shanghai composite to its highest level since 2008. Thats after mega cap tech took the nasdaq to another record overnight in the u. S. Recovervenue begins to from the pandemic fuel slowdown as your europes Technology Company sees a bounceback and Software Deals throughout asia. Just under one hour away from the start of cash equity trading in europe. Lets take a look at where futures are pointing us right now. Ftse futures up about. 6 . Take a look at u. S. Futures. They have been down though only slightly. Anna, what have you got . Anna lets have a look at breaking news. Numbers coming out from rollsroyce. The engineering business, the engine maker here in the u. K. Giving us details for Free Cash Flow and cost medication action. They themselves are taking it. One billion pounds for cost mitigation action for 202
Chinese. To reduce their pollution in. The democratic republic of congos silent an outbreak of measles is proving more deadly. And for an. Immunization and vaccine. Welcome to the program. French president. Arrived at. A German Government retreat where the 2 leaders. A meeting the chancellor and the president are set to discuss how to further promote their proposal for a multibillion your company fund among other you members of the talks time just 2 days before germany is set to take over the e. U. Presidency last opportunity to define how european legacy therefore should have ties next year. Standing by for us in message back with a meeting east asia place is you know because bonded tons of brown tons mechelen mccraw meeting face to face for the 1st time in portugal and whats on their agenda today but of course you can say that they are meeting face to face is a sign of trust after their la paz meetings have been taking place on video a sign of closeness and also a sign that the coord
Surveillance a Palestinian Family shows d. W. News what their lives have become in the west bank as israel plans to annex parts of the territory and the quarantine quandary for German Authorities trying to test who is and is healthy in a community thats been put back under lockdown by covert 19. Im sorry kelly welcome to the program Hong Kong Police have made their 1st arrest of prodemocracy protesters since beijing imposed a tough new security law on tuesday demonstrators had gathered in the causeway bay shopping district where police warned that that they might face arrest and prosecution for displaying Pro Independence banners now at least 30 arrests have been made and National Security. Law targets session to session sneak subversion and terrorism with punishments of up to life in prison. A spring in. Kong who is standing by for us in hong kong with consequences here phoebe under this new controversial law what more do we know about the 1st arrests. For the 1st arrested under the i