Abandoned any hope of a virus package before the election. He says a deal will come after the vote. Big tech prepares to defend interests as jack dorsey calls section 230 the most important law for free speech and safety. Get you started with a quick check up on how markets are right now. Sophie kamaruddin. Are set toa stocks resume losses this wednesday and you have nasdaq eminis under pressure early in the Asian Session after we sawtek shares rally. We are watching what is going on with the tech space following amd agreeing to buy a company. Results could provide support for that space. Its a busy calendar for earnings. Withec reporting today sony. In australia, the asx 200 coming online with some Downside Pressure set to extend losses for a fifth straight session while the aussie dollar is holding steady, slightly under pressure, while bond yields are easing ahead of inflation data due from australia. We see a pickup. Lets flip the chart for a broader outlook on where the dollaryen
Powell makes his strongest plea for greater spending. Stocks selloff into the close, and treasury yields slide. Christine lagarde warns of a cliff effect if fiscal aid is ended too soon. France downgrades fourthquarter growth expectations to 0 . On nightlife. Down the german capital joins paris, madrid and london setting a curfew for businesses amid a resurgence in coronavirus cases across europe. Lets look at german industrial output figures. Speaking of the economic engine of europe, august industrial output falling 0. 2 month over month, that is worse than the estimates for a 1. 5 percent gain. In terms of an industrial output, things do not look good. News lets get breaking here in london. Numbers coming through from various corporates including tesco. Up by 7. 2 , the estimate was 7. 3 . They werenting appointing a new cfo, who will join the board. I think we knew the previous incumbent was going to leave the business, and this new cfo interesting to see if they give any comment o
Far as asset classes. The asian index, down. 2 . Up 16 . Date, it is not too bad, but not the extent of what we saw on the s p. The csi 300 index in positive territory, up. 3 . The pmi numbers, beating expectations. 50. 2 versus estimates of 50. 1. Talked about a possible stabilization of the chinese economy and exports may return. Lets flip the page. Take a look at where we are in currencies. It has been a dollar story. It has been down for three days, the dollar index down by. 1 . For thear, falling Third Straight session, falling to its lowest in almost six months. Gold has been a huge surprise, continues on the upside, climbing for three weeks, largely to dollar weakness and the gold index, silver could be playing catchup. Reminder, some markets are shut today and you have some truncated sessions in singapore, hong kong, as well. We are shut in the next 60 minutes or so. Happy hour comes early for you today. Here is where we were on friday. Big gains. We were flat yesterday and it
Two area Pitch, Hit & Run winners from southeast Arkansas have advanced to the Team Championship on Sept. 9 at Texas Rangers Stadium in Arlington, Texas.