To break trump has yet the stimulus long gem. Softbank backs the virus handed record losses in may at a drop of the value, some may change with earnings later. Lets get a quick check of how the markets are trading. We are seeing u. S. Futures under a little bit of pressure, down 1 10 of 1 . We have President Trumps executive actions on stimulus measures boosting sentiment. That weighed in indices. The s p 500 saw the highest close in sixmonth in the longest winning streak since 2017. Aska futures at the moment japan comes back from mountain day holiday. I mentioned softbank earnings coming back later. The japanese yen Holding Around the weakest in more than two weeks. The bloomberg dollar index unchanged at the moment. This after it touched a oneweek high. Watch out for some data this morning. We are getting south koreas 10 day trade data. We are getting japan numbers, not to mention singapores final gdp numbers. Crude headed towards 42 a barrel after gaining the most in a week after s
A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote followed the u. S. Election on a. First it was a long way now hes taking aim at to talk john all trump threatens to pound the chinese video in the u. S. Again hes high security concerns but well of those alleged rants and how far will trump go in his business more against china this is inside story. Hello welcome to the program. Its one of the most downloaded apps of all times and famous for its catchy videos the chinese own video sharing app ticktock has millions of years as in the u. S. Alone and many feel disappointed by President Donald Trump writes to ban it is our country now tech giant microsoft says it will continue talks to buy tick tocks operations in the u. S. Canada australia and new zealand the Corporation Says hes spoken to trump and will tackle his concerns about the social media platform washington is worried use that data could be shared with the
First it was one way now hes taking aim at 2 top journal trump threatens to pound the chinese video in the u. S. Again he signed security concerns but well of those alleged rants and how far will trump go in his business war against china this is inside story. Hello welcome to the program. Its one of the most downloaded apps of all times and famous for its catchy videos the chinese own video sharing app tick tock has billions of years in the u. S. Alone and many feel disappointed by President Donald Trump writes to ban it is our country now tech giant microsoft says it will continue talks to buy tick tocks operations in the u. S. Canada Australia New Zealand the Corporation Says spoken to. Trump and well tackle his concerns about the social media platform washington. Use that data could be shared with the Chinese Government and videos. To talk rejects that this is what the u. S. President had to say on friday well look you know we may be. We may be doing some other things or couple of
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
As big as apple and starbucks and shut down a major form of personal communication between the u. S. And china. Doubtsre increasing about an agreement on another round of stimulus. The president now expected to bypass congress with more executive orders. Microsoft leading some of the declines today. Scarlet fu has been following the market action. Talk to us about the trading moves on the back of all this tension rising between the u. S. And china. Scarlet fridays in august are not usually known to be heavy news days, but we had a jobs report today and we had President Trump stepping up his campaign against chinese Tech Companies. The stock market closed mixed with the s p and dow little changed. Between a huge contrast small caps and the nasdaq. Focus really on gold. The relentless rally in gold prices and the selloff in the dollar, the better than expected jobs report reverse that trade. Gold still finishing the week up. The dollar finished up 0. 5 . There is concern that that jobs r