And german exports mark the biggest increase since 1990. Shares slump after a warning he wont hesitate to add more countries to britains quarantine list. Uber sees revenues fall almost 30 sending shares lower after hours. A warm welcome to street signs. Weve got some macro data. Frances trade balance fell to 7. 96 billion in june down from mays figure comfortably beating expectations in germany, exports are posted their biggest gain rising 14. 9 in june. Strong demand from china spurred a near 9 jump in industrial output chinese exports rose 2 easily beating forecasts. Imports contracted missing estimates of a rise. Officials are reportedly said next week to reach the talks asian markets have traded lower. Main land Chinese Markets taking a hit down 1. 4 amid escalations with washington moving to ban tiktok owner bytedance and we chat owner tencent European Markets have been open about an hour stocks are up 15 basis points. This follows a drop of 0. 7 . Yesterday, the u. S. Session als
Tiff movement for 2021 we also see clearly the paces coming in for the third and Fourth Quarter in reverse, the volkswagen numbers fall Retail Therapy shares in the dutch super market giant jump to the top after earnings rise almost 80 in the Second Quarter on the lockdown spending the death toll rises after a massive explosion. President trump suggesting the blast could have been intentional. Our prayers go out to all the families the United States stands with the people of lebanon and well be there to help it looks like a terrible attack. Lets kick off the show with fresh data just crossing the wires. This is the final composite pmi that has come in at 54. 9 that is a touch better than 54. 8, a little color for you on the numbers for july Services Come in at 54. 7 that was a little light. The suppressing strength has come from the Manufacturing Sector which we got earlier this week in terms of the commentary which provides this data, Business Activity rebounded to grow at a rate not
Find it legitimate that these Companies Pay their taxes. European markets trade mostly lower as a surge in cases in oklahoma and beijings flight ban fear a second wave of the virus. Wire card shares trade near the bottom the publication of the german groups numbers are delayed three times. The bank of england is expected to expand its bond buying plans now saying they are, quote, under active review. A warm welcome to street signs. French finance minister has hit back at a u. S. Decision to walk away from digital tax talks. The mayor called the u. S. Decision a provocation and said the tax itself was a form of justice. Translator we have received with my spanish, italian and british counterparts, a letter from Steven Mnuchin stating that they dont want to continue negative oceanition at the oacd on digital tax this is a provocation to all the partners we were just a bit away from reaching an agreement on a tax a provocation against all at the oacd and all citizens in the world that fin
Tenth Straight Record close driven by all the names that worked all winter long plus a strong read on Retail Holiday shopping numbers do not disappoint. And jobless claims fall pointing to continued strength in the labor market joining us for the hour, anastasia om row sew it is great to have you with us. Great to see you. What do we make of this its typical. We melt up into year end i mean, think about all the things that got resolved in december weve got the phase one basically a done deal between u. S. And china maybe a little bit overlooked by the usmca getting passed by the house. Weve got a lot of good enthuse. We started to see the inflection point. Whats interesting in the internals of the market is what people are buying. What do you do when the s p is up almost 30 for the year you start to look for the laggards its emerging markets, health care, energy those are the ones rallying the most to break down those areas you see opportunity over the course of the hour. For now lets
Palestine derailment. [inaudible conversations] the science transportation order. Ee will come to for the purposes of a hearing. We are here this morning at the full committee for improving rail safety in response to the East Palestine correlator i would ask the witnesses to please join us for the first panel at the witness table. [inaudible conversations] [inaudible conversations] good morning, everyone. The hearing will come to order. On february 3rd, the town of East Palestine, ohio, experienced a Hazardous Material event that no community should have to suffer from, and Norfolk Southern train carrying Hazardous Material crashed just outside the town,n, and 38 carso more than according of the train derailed. One of the cars caught fire, in gold and gold of the rope cars including five caring vinyl floor. After burning for two days, authorities became concern the vinyl chloride and one of the tanks was undergoing a Chemical Reaction that made it bigger and more dangerous pick the aut