Remain independent. Economy ts, the global takes precedence over the geopolitical tensions between the u. S. And china. The price of the bailout. Brussels set its criteria for backing the state aid pac package from berlin. We are just under an hour away from the start of cac equity trading in europe. Ets take a look at where the u. K. Markets were closed yesterday. They didnt get that take part in the risk on rally that we saw across the continent. We also see u. S. Equity futures rising. U. S. Cash trade was also closed yesterday to honor the memorial day holiday. As a result we see futures in new york up about 2 on the dow and nasdaq futures as well as s p futures up 1. 8 right now. Lets get your first word news. Here are todays top stories from the bloomberg terminal. Once a virus hot spot in europe, italy reported the fewest cases since february. Below 100 for a second day. The global death toll tops 340,000 with 5. 5 million cases confirmed. In england, Outdoor Markets and car sho
A rare show of defiance against the regime also coming up. Tight security measures are being put in place here in berlin and other german cities ahead of new years eve celebrations after the mass sexual assaults of two thousand and fifteen we asked women if they feel safe. Plus unusually low temperatures are making life difficult in many parts of the United States and forcing some to put their new years plans on ice. And. To the program clashes are reported to have broken out at antigovernment protests in iran social media footage shows demonstrators confronting police and attacking government buildings in the capital tehran Security Forces are also reported to have shot dead two demonstrators in the western part of the country the protests are the largest in the Islamic Republic since two thousand and nine. Protests against unemployment inflation and corruption went into the third day in several cities across iran the capital tehran saw burning bins on a burning building. Of the gates
A rare show of defiance against the regime also coming up. Tight security measures are being put in place here in berlin and other german cities ahead of new years eve celebrations after the mass Sexual Assault of two thousand and fifteen we asked women if they feel safe. Plus unusually low temperatures are making life difficult in many parts of the United States and forcing some to put their new years plans on ice. And. To the program clashes are reported to have broken out at antigovernment protests in iran social media footage shows demonstrators confronting police and attacking government buildings in the capital tehran Security Forces are also reported to have shot dead two demonstrators in the western part of the country the protests are the largest in the Islamic Republic since two thousand and nine. Protests against unemployment inflation and corruption went into the third day in several cities across iran the capital tehran saw burning bins on a burning building. At the gates
Friday session. Down by one point 5 today, we had the Catalan Parliament voting to implement an independent state. Spain senate giving spain the power to take control over catalonia. The plot thickens, the imf down by 1. 5 . The stoxx 600 is up for the six week in seven. The euro down for a second consecutive day, over two days since the ecb announced the whole roster news yesterday. The euro down almost 2 . The biggest today declines in september. We have the 10 year rising today. , weerday, with the reverse saw european bond yields declined on the back of the ecb news. I just want to get to ubs today, chief executive Sergio Ermotti reposting expectations for a share buyback. He talked to down the prospect of dividends increasing proportion of the profit. We saw shares lower by 1 and also subdued client activity in the fourth quarter. Revenues increasing across International Wealth management, net margins and measure of profitability. Little changed from the second quarter. A busy cou
Minutes. European markets are just opening. Futures are pointing lower. With manufacturing numbers at a twoyear high, why is the equity market finding it so hard to hold through. The china data was better. The impact of russia it is on this side of the map. The impact from those geopolitical event are somewhere between 1 10 of one percent and 4 10 of one percent. They say the potential negative growth impact is going to be up to 4 10 of one percent. You will get the u. K. Numbers as well. Keep those in mind. I wonder what is driving paris. Beat. Webers actually will have a look at it later in what we have got here is a Second Quarter earnings number that actually missed estimates. The pricing of iron ore iron ore is going to price around 120. If you look at the business, provisions are down by 24 . Revenue is up by nine percent. Iag, this is the Iberia British Airways merged company. You sell profit in iberia. Use of the fuel cost drop by nearly nine percent. You saw the fuel costs dro