Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
Have come on the show saying this was started by the you Recovery Fund, but also inflation is better than expected in europe today, and that growth figure not as bad as it could have been. It is clear that the markets are moving, but i think in general they are buoyed by the Massive Technology earnings that are seeng a lift overall, as we parts of the economy in terms of technology, deliveries, things like that, that are outstanding at the moment. Tom Stephen Engle with us moments ago, and he will join us in the hour, our lead hong kong reporter. This is carrie lam in hong kong, at a not unusual press conference. Stephen engle reports that we could get some announcements out of this rather extraordinary, particularly on the election as well. Are ratherhis that extraordinary, particularly on the election as well. We will get to the data check in a moment with bonds and Foreign Exchange on the move. With first word news, here is ritika gupta. Senate republicans want to go on record sayin
Cable channel 26 and sfgovtv are scrolling the call in number on crosonthe screen. Once connected and prompted enter the meeting id1464783455. Then press pound followed by pound a second time to be connected. You will hear the discussions but you will be muted. Your line will be in his senning mode only. When your item comes up dial star and three to be added to the speaker line. The system prompt will indicate you have raised your hand. You may begin your comments when unmuted. Call from a quiet location, speak clearly and slowly, turndown your television or radio or streaming device. Account for potential time delays between live coverage and streaming. You may submit Public Comment in the following ways email me john carroll, clerk of government audit and Oversight Committee. Please submit the comment by email. I will add to the public file for the legislative matter. You can send mail to our post office at city hall. Finally, items today will appear on the agenda of august 11, 2020
Forth the mandatory measure. Sh in hopes ofa anything returning to normal soon. European court s struck down a datasharing deal between the United States and eu. They could have huge consequences for the worlds biggest tech firms. The European Court of justice ruled on a complaint by an austrian privacy activist against facebook. It says the protections on personal data in the United States are not high enough to meet european standards. Furtrthermore,e, we brining in r business editor, stephen carroll. What are the consequences of this decision . Stephen it is struck down and called privacy shield, an agreement between the United States and european union, currently used by over 5000 tech companies, Car Companies in many different sectors. In most cases, it involves those companies being able to take stores in theo United States. It is not guaranteed the same level of Data Protection as it does under eu rules, and that is why it was ruled invalid. The judge appointed to surveillance s
Heavy rain has begun filling its controversial blue nile dam as the government continues to negotiate with its neighbors egypt and sudan. The movie earthlings 2005 everyone should watch and the bizarre endorsement from ukraines president that helped and the hostage situation. Thousands of israelis have taken to the streets of west jerusalem calling on Prime Minister Benjamin Netanyahu to step down 34 people were arrested outside parliament in the latest of several nasty administrations in recent weeks and yahoo has come under growing criticism for staying in office while facing trial on corruption charges is also being accused of mismanaging the coronavirus pandemic and a deepening economic crisis i mean fawcett has more in tel aviv. Benjamin netanyahu has weathered protests before so called black flag activists have waged a years Long Campaign against what they call his anti democratic rule but in the last 2 weeks the protests have changed and grown as israelis buckling under a 2nd wa