Interesting enough. We have the gdp numbers, the contraction in that economy, which is awful, obviously, but relatively good to compared to some other parts. Getting the test and trace progress going very efficiently. Fester e talk of an of Investor Outlook for another year. Tom the dialogue on furlough and income substitution over there versus what we see in america. With a briefing, our first word news with ritika gupta. Ritika President Trump and speakers at the Republican National convention put a positive spin on trumps handling of the coronavirus pandemic. The president thanked frontline responders and said the virus is going to be fading. Others warned what would happen if joe biden was elected. There is more work to do, but there is a light at the end of the tunnel. Jobs gains are outpacing what the socalled experts expected. But biden set by radical leftwing policies would stop our economic recovery cold. Hes already talking about shutting the country down again. Its madness.
Decision making the support of the public is i have to respond to so im not ready to respond to the mandate by the public and i made a judgment i should not continue my job as a Prime Minister i decided to step down as a Prime Minister. And the country is in shock after ive a sudden resignation as old as it is for the salami reports from tokyo. Well i have spoke with several people here on the street after the announcement of 5 days that is going to. Get mixed reactions some people showed gratitude on the procession to his insurance and his in this during all this years and especially after the pandemic during the last few months it was very stressful for everyone especially for him after all the criticism he went under for several reasons one of them is his handling of the procedures against the pandemic and also about issues other people express there really found if you can hear the music in the background this is some people are. Using the drums to. Announce their happiness if i ma
Meeting today. We are in brussels. The euro goes higher as the ecb forecasts are said to show more confidence on the economic outlook. For clues on extra stimulus at todays meeting. 6 00 a. M. In london. It is 7 00 a. M. In frankfurt. The two cities with the most amount of risk. Good morning to you. Normally, we talk about political crises. The irish version is what we have. Europe ripping up the rulebook and going for the playbook from johnson and cummings and prepared to take legal action against the u. K. It on seats the pound. Good morning. Annmarie i know you are on brexit watch. Im certainly waiting to see what we are going to hear from Christine Lagarde. Tos a very fine line she has walk. Does she want to exude confidence about the european recovery . At the same time make sure shes getting that support she thinks the economy needs . The challenge will be making sure she does not bid up investors for the price of the eurodollar. I want to take a look at whats going on in the mar
Biggest rally since april. Zoom and tesla lead the balance for the electric carmaker jumping over 10 . Lawmakers become lawbreakers. The e. U. Considers legal action over the u. K. s plan to breach the brexit deal. The two sides hold an emergency meeting today. Class growing confit plus growing confidence. Hold ass set to stay on bloomberg learns some officials now see a reduced need for further stimulus down the line. As i said, just under one hour away from the start of cash equity trading in europe. Lets take a look at futures first. We do see gains on dax futures up about. 4 right now. Also, euro stocks futures are up. But you do see ftse futures down this morning so keep your eye on that divergence. In terms of u. S. Futuress, after the gains yesterday, we see continued gains in futures with dow and s p many contracts up. 2 . Anna . Talk about whats going on in the Asian Session in terms of the gmm. We have had a day where we have seen real resurgence as you mentioned in stocks, a
Very important from volunteers start rolling up their sleeves to the United States 1st large scale vaccine trial. Also ahead 3000000000 animals killed or displaced scientists give an alarming reassessment of australias devastating bushfires. Im johnny gosch roscoe with the sports 500 and up england cricket the surf boards joins an elite club with his latest test against the west indies. We begin this news in malaysia with the former Prime Minister najib razak has been sentenced to 12 years in prison after being found guilty of corruption he wont go straight to jail though and says hes appealing this verdict is from the 1st of 5 trials not she was facing linked to the one n. D. P. Scandal he launched this state fund when he was Prime Minister in 2009 we are always positive we believe. You know innocence we believe that. We have a strong case. But of course we have to convince the judges and we would do our best. Chef we would continue to lead a team and he is very determined. To get the