France relaunch. President macron unveiled his stimulus plan. The focus shifted beyond covid into longerterm problems. Russian tensions rise. Angela merkel says there is proof that an opponent was poisoned as he was tested in germany. And mercedes considers an electric version of its luxury maibach to defend its luxury anna welcome back to bloomberg position. Markets european open. Are just an hour away from 53 minutes into a positive the start of cash equity trading European Equity session. U. S. Futures have pared some in europe. Lets take a look at futures losses as well. That is worth keeping in mind. Right now. They are higher in europe. Lets talk to laura cooper from markets live team, where she is we are looking at gains across the board. Macro strategist. One of the things we will be watching for his initial jobless claims. I am drawn to a piece you have futures are higher. Written about the importance of data or the way that data that we usually see driving markets we see drop
Universities write to the uk education secretary calling for more money to help with the cost of taking in extra students following a government u turn on a level grades. And coming up this hour, the three victorian forts originally built to defend england against the french going up for sale. Hello and welcome. If you re watching in the uk or around the world 7 and stay with us for the latest news and analysis from here and across the globe. The number of people being randomly tested in the community to track the prevalence of covid 19 is to be incased up in england. From october, 150,000 people will be tested every fortnight as part of the office for National Statistics programme which is separate from the Mass Testing Programme of people who have symptoms. The figure is up from the 28,000 in england who are currently sent a home testing kit. Testing will also be expanded in scotland, wales and northern ireland. The health secretary, matt hancock, says the expansion of testing in the
Pound is down today, and the ruble is under pressure. Angela merkel, the german chancellor, appears to be leaking nord stream 2 with the poisoning of alexey navalny. Some suggesting that maybe we could see that project halted or not used, but currently the link between the two providing some consternation in moscow. The u. K. Is preparing for brexit talks to fail and planning new legislation to potentially override parts of the Withdrawal Agreement, as the u. K. Foreign secretary dominic raab calls for a moment of reckoning. It is a week up call for the eu side. Weve got to a position where there are only two points really holding us back, but we cant accept that the eu will control our laws. That is the reason we are leaving. No other country goes into trade organizations into trade negotiations on that basis. Guy is Boris Johnson now basically signaling that he is prepared to accept a no deal brexit . Hes basically sent out on emailed today saying there needs to be in agreement our e
Could take the stock to new heights. We hell join us as power lunch begins right now thank you. Its been a whip saw day for the markets with the nasdaq up nearly 1. 5 before turning negative bob will break down the wild swin swings for us. Bob. Its been a choppy trading day. Most of the stocks were up early o on thats the lows for the day for do docusign as well still trying to figure out what they want to do. They are figuring out, its hard to figure out what the right price is look at the things buffeting Technology Stocks that everybody has to figure out. We have accelerated revenues thats great news. All the work from home stuff we have stimulus with fed all in thats good news the reopening nar tirative is positive thats good news we have the momentum plays like the robin hohood people involved the traders get confused on whats the right price whats the right multiple with all this stuff going on. Look at this in the last seven or eight trading sessions, docusign has swung from a h
Bloomberg surveillance. Im tom keene in new york. Guy johnson in for Francine Lacqua in london. Monthsin to the summer in august. I look at the newspapers in the United Kingdom and it is sort of a soup of distractions right now. Inme and update on the virus the United Kingdom, because the statistics i look at are actually pretty good. Guy . They are pretty good, tom, and there are large parts of the country where people are talking about the fact that we may have achieved herd immunity. You listen to the commentary come out of a large hospital, out of large hospitals, they are seeing a fraction of the number of cases they saw coming through the door back in the spring. The situation seems to be under control. This is pumping Boris Johnson the prime minister, to make firm assertions that schools will september, in the same way Governor Cuomo is making those assertions in new york. Thathe is pretty lonely on right now. That will be one of our themes without question in august. Back to sc