Of more support. European futures point to a negative open. A Company Agrees to buy its pivot toa deal as they innovative therapies. Good morning to you. Welcome to the European Market open. Just under an hour away from the start of cash equity trading in europe. Lets get to the futures picture. This is what weve got for you. Its interesting when you cast your mind specter friday. Friday straight and did with a minds back to friday. You might expect to see more catch up in the futures story for europe. Futures,or the bottom European Equity futures suggesting more down. Ftse futures fairly flat. It looks flat for the european start of trade. Interestingly, u. S. Futures expect to go higher even after we saw more strength in the u. S. On friday than in europe. We see more room for maneuver to the upside. U. S. Futures point higher. Lets get to the gmm. That shows you one of our headlines, around china, pboc injecting liquidity into the market. A lot of people are asking whether we will s
Nasdaq hits an alltime high as a combined value tops the gdp of the worlds thirdbiggest annomy, cash trade is just hour away. Here are your top headlines from the bloomberg terminal. Trump says tiktok must close its u. S. Operations by sold. Ber 15 unless it is he insist any sale must include a substantial payment to the u. S. Government. Global equities trade makes after a tech surge sent the nasdaq to a record. Isn amid a positive u. S. Pronounce and hinge from trump as he could face executive action on fresh virus release. Results easing continues infineon. The buyer warrants that the pandemic has stunted demand for nonessential medicines. We wait on numbers and it looks like we are getting numbers from British Petroleum right now. Annmarie, what do you see . Annmarie the dividend to the oil make it maker is cut. This is the First Time Since the bp oil spill in 2010. A historic moment in some senses for the oil giant. , 5. 25. Quarter dividend 10. 5. Second quarter came in at 6. 6 1
33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chip industry as well so the month on month number really a pop up 7. 2 growth, haidi. Today would be an interesting litmus te
Here are your top headlines from the bloomberg terminal. Angela merkel, the radical, the german chancellor throws her support behind the euro stimulus plan. She warns her fellow eu leaders that there is no time to lose and agreeing a deal. Is yet to come. The World Health Organization warns that a lack of International Cooperation means the virus pandemic is far from higher as aks push volatile first half comes to a close. Controversiales a security law after the u. S. Commerce Department Suspends regulation allowing special treatment for the city. As i said, just under an hour away. We are looking at futures pointing lower for the ftse right now. Andttle higher for the dax the cac. See euro stoxx 50 futures and ftse 100 futures are down. S p down just slightly as nasdaq futures edge a little higher. Lets talk about anna lets talk about breaking news. ,hell seeing volume guidance 3. 5 million to four point 5 Million Barrels per day. That is substantially weaker. Weakve seen extremely d
Book of the former National Security advisor say the president sought xi jinpings help to win reelection. Futures takepean turned lower as coronavirus cases rise in china, brazil, and several american states. President trump escalates tension with beijing, signing a measure punishing officials for imprisoning more than one million muslims. Plus, the bank is expected to boost bond buys by 100 billion pounds today as investors watch for hints on curve control. The market still sees rates going negative in the u. K. Next year. We are just under an hour away from the start of cash trading across europe and in great britain. Lets take a look at the futures right now. Euro stocks futures down. Ftse futures off almost 0. 7 . U. S. Futures are almost down 0. 5 for the dow and the s p 500. Nasdaq futures doing a little bit better, but still in the red. Anna . Yes, lets show you what weve got on the gmm this morning. Reflecting on what has been happening through the asian session. A mildly negat