London. Gold is on the move. I also wanted to show you lvmh. It is down quite significantly investors inted disappointing investors with earnings. The picture is that stocks and u. S. Futures are pushing higher today. Cooling somewhat but it did touch 2000 late yesterday. Dropped after the french luxury conglomerate reports earnings that missed analyst expectations because of the lockdown. Lets get straight to the bloomberg first word news. Here is leighann gerrans. Good morning. Senate republicans have unveiled a 1 trillion plan to bolster the economy. The package, announced by mitch mcconnell, includes an extension to Unemployment Benefits but at lower levels. It includes cash handouts of protection from virus lawsuits. We have one foot in the pandemic and one foot in the recovery. The American People need more help. They need it to be comprehensive and carefully tailored to this crossroads. That is what this Senate Majority has assembled. Meanwhile, nancy pelosi delivered a harsh as
The door for shale producers to grab more market share. We are live in vienna. Good morning. Welcome to daybreak europe. It has just gone six clock a. M. In london. Manus cranny is in vienna. A long night for you. Youre looking fantastic. Update us on what is going. What is the mood music . Manus two messages they wanted to convey. Certainty and continuity. Meeting rathons marathon 10 our meeting from opec. Theres a word that the Saudi Oil Minister wants you to focus on. The commitment to a ninemonth extension of unequivocal, very solid, very strong. Not only are we committing rollover, the individual commitments to conformity from all countries word, it is that unequivocal. He is the central banker of oil. That is his commitment, to continuity and certain. The fragility of geopolitics, the frailty of Global Demand, it is counterbalancing that that is the message they really wanted to convey. They also moved the fiveyear target. Nejra you could argue the fact that they really wanted to
At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia Corp. and a 50% jump in a key US index for semiconductor manufacturers in less than a year, investors are pointing toward emerging markets for better value and a bigger pool of options.
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