Month high and europe a different story. The economy lost momentum unexpectedly. Michael is here for the breakdown. Michael the narrative in europe playing out as europeans forecasted. They are now seeing a covid come back and slowing Economic Data. Indexes, thetiment pmis, is this month better than last month or worse . The consensus is it was not as good or worse. You can see all of us the euro zone in france, germany, they saw declines in the manufacturing and services pmi and france taking a big hit, dropping into contraction territory for the manufacturing pmi. Germany a little better. Manufacturing improved but services and composite well. Composite in all three areas following the weakest representing three position of lockdown measures due to the current flareup of the virus in europe. Those of the countries that a lot of in the curve. We saw in the minutes earlier this week at the ecb that policymakers are reluctant to embrace the forecast at the july meeting because they were
Spend time on and we have euro area pmis coming in a touch better than expected but im not sure if it is moving eurodollar that much. 39. 80, always a good test looking at command and what it means for the world economy. Point 1764 and we look at her earnings with a couple of disappointments in the banking sector. Joint manufacturing pmi coming in at 51. 8 instead of 51. 1. Lets get the first word news with laura wright. Laura the u. S. Plans to act against a wide range of chinese owned software companies, not just tiktok. Thats the latest from secretary of state mike pompeo speaking to fox news. On friday, President Trump told supporters he plans to ban the app. Pompeo said the decision should come soon. The u. K. Is considering the worst case in a real of locking down london according to the sunday times. It would see at risk people asked to stay at home. The local government secretary says he is not aware of any specific plans to seal off london but the u. K. Will target local flare
Margin. The result is seen as pivotal for the future ties of the nation with the European Union. And u. S. Banks are braced for the worth order since the quarter for the worse quarter since the financial crisis. Jp morgan kicks off a big rank week. Good morning, it is 6 00 a. M. In london. It is getting hot here. With an untamed virus irrationalional exuberance in stocks. It could get tricky. Goldman has upped their view of their earnings. Yall so have the gilead story in terms of remdesivir helping the severely ill despite the untamed virus in florida exceeding the peaks of new york and texas. They are still below consensus and there are deals there. The dollar drops. Two straight weeks of a demolition of the dollar. Yields traded at. 63. Do you buy the rally . Im a believer, are you . Copper is the shining narrative. Copper is ripping it up there this morning. You are looking at the longest 20 16. Streak since is that a wakeup call to the Treasury Department . On willudis turn the sa
Except the United States kids are spreading the disease. All over the country. Really worried. Internationals world news h. Q. Here in moscow this saturday july the 18th its kevin owen here to take you through those headlines just a lot more over the next 30 minutes so if you can stay with me too so 1st in the u. K. After a video emerged of a London Police officer kneeling on the handcuffed a black mans neck during an arrest or about to show you the office is now suspended but the video has been shared widely online. Before you. Go. If you back you up and they know more about growing up you know according to Londons Metropolitan Police the man in the video is suspected of being armed and having been involved in a fight that as the officer struggled with the suspect on the ground a crowd of onlookers gathered and filmed what was going on the instant since been referred to the Police Watchdog of the independent office for Police Conduct and his rig knighted the wrath of appropriate polic
Country has or kids and schools except the United States kids are spreading the disease. All over the country in teachers really worried. Follow their life from out internationals world news h. Q. In moscow this saturday the 18th of july money was kevin i want to take you through those headlines in more detail a lot more to the next 30 minutes and keep you company throughout so then 1st theres anger in the u. K. After a video emerged of a London Police officer kneeling on a handcuffed black mans neck youre going to arrest the officers and i was suspended but the video has been shared widely online. Before you. Know. If you want your. Phone call or not. Well according to learn theres metropolitan police the man in the video is suspected of being armed and having been involved in a fight as the officers struggled with the suspect on the ground a crowd of onlookers gathered in filmed what was going on the instances been referred to the Police Watchdog and the independent office for Police