Boost as shares jump more than 10 in their debut waking up europes dor mont ipo market President Trump threatens to call in the National Guard as violence erupts in minneapolis for a third night. With protesters setting fire to the Police Station over the death of george floyd. Asian equities and the week mostly lower as President Trump talks tough on china saying he will issue the white house response to the hong kong moves later today. We are not happy with china we are not happy with whats happened all over the world, people are suffering. 186 countries, all over the world they are suffering we are not happy a very warm welcome to street signs. I want to kick off with fresh data just crossing the wires in italy. The final print, it has been revised lower. We are seeing 5. 3 , thats the quarter on quarter contraction in italy in q1 thats against a preliminary 4. 7 contraction year on year. The contraction stands at minus 5. 4 compared to 5. 8 initially redibted we are seeing worse nu
Return to public life, as global past 251,000. In hong kong, they say they will relax restrictions soon. Bnp paribas is fullyear earnings take a pounding from the coronavirus pandemic. We will bring you our interview with the banks chief financial officer. Recovery mode. Goldman sachs and Morgan Stanley see signs of the World Economy is bottoming out. Could growth bounceback in the second half of the . We are just not half of the year . Where just under an hour away from cash trading in europe and the u. K. Lets take a look at where futures are after the pounding we took yesterday. Than 4 fell more yesterday before u. S. Stocks rose. We have european futures falling, asian stocks higher. Ftse futures up 1. 3 and dax futures up a little bit more than that. Take a look at u. S. Futures. We see gains there as well. S p 500 many contracts currently percent quarters of a and Dow Jones Futures up 0. 9 . These are todays top stories from the bloomberg terminal. An internal u. S. Government pr
Yearoveryear, and that is demonstrating that both on the revenue side and on the expense side, the impact of the restructuring is making itself felt. Iose would be the things would focus on. The overall performance, obviously, is weighed on by the cru and the losses in the cru, but even there, we are progressing basically in line with our plans both for deleveraging and cost reduction. We also had earnings news out from daimler as well as volkswagen, and youve got some earnings lines coming in from barclays. Anna absolutely. We continue with the banking theme. We have Net Operating Income coming in at 4. 70 one billion pounds, a touch below the 4. 60 one billion that had been penciled in by analysts. Theres been a lot changing, of course, since the month of march, especially the volatility, as we know. Interesting to look at what has happened in the Investment Banking part of the business as well. 3. 62 billion dollars, well ahead of the estimates for that particular part of the busine
Coronavirus case fails to improve overnight. The u. K. Prime minister is still conscious but has received oxygen treatment dominic raab is deputized. Equities heading for their first backtoback games in two weeks. Futures pointing higher in the u. S. While oil rises ahead of thursdays opecplus meeting. Coronavirusthe maybe reaching a plateau in europe as cases slow across the continent. Italy could start ending its. Ockdown on a gradual basis just under an hour away from the start of cash trading in europe. A quick look at futures here. A gain in futures at the cash trade closed higher yesterday. Gains in u. S. Futures with the 0. 4 the dow s p up 0. 4 . Anna everybody still focused on what is going on with coronavirus globally. Cases are being handled and death rates. We need to get to the first word news update. Prime minister Boris Johnson is in intensive care. His Coronavirus Infection worsened. He had been selfisolating for 10 days, struggling to shake off covid19. Dominic raab is
Europe and why debts keep rising so much in spain and in italy and what can be done. Tom we have an important interview in the next hour on the virus. We will go to mount sinai for that. I am next to the outside i manhattan hospital in new york. I will tell you, it is an extra ordinary monday. I know you see in in london, we see it in new york, with quiet streets and politicians really needing to adapt. My major message in this hour is the complete readjustment and struggle that global wall street is having trying to gauge this contraction. I love what bruce kasman said at jp morgan. He looks back and harkens back to the contractions that we saw before world war ii. Francine i think we had an update on friday from goldman sachs, j. P. Morgan on the Second Quarter gbp just gdp in the u. S. , and the numbers are nothing like we have ever seen before. So i know we have a full round of update just on the lockdown, different in new york than it is in london. Boris johnson saying that people