Can he avoid the curse of rolling door leaders . And the s. E. C. Is examining electric truck maker nikola over a short sellers allegations of fraud. Our u. S. Futures are coming online. Flat at the moment after u. S. Stocks rose in the regular session. Stocks rebounded from blast last weeks selloff with the likes of high dimension, oracle, tiktok. Now, the dow ended at the highest level in more than a week. The s p 500 had every sector in green and was led by real estate and tech. Take a look at what oil is doing at the moment because its gaining ground and its above the 37 a barrel level. This after feeling the pressure in the new york session. Opec downgrading its outlook for the Global Oil Market and cut its Global Oil Demand forecast for each quarter to the end of 2021. This ahead of that meeting of ministers that will be held virtually to assess the curbs theyve implemented. We go to hong kong with more. This tuesday asian features are mixed. Trade numbers from india as well as i
Fallout to spread beyond the walls largest economy. As the brexit bluster ramps up, why Boris Johnsons threat is leaving most economists and traders unruffled for now. Haidi lets take a look at how we are setting up when it comes to the asian trading session this tuesday. U. S. Markets remain largely close for the Labor Day Holiday and this is how we are shaping up when it comes to the futures session, looking like we could get some positive momentum going into the resumption of trade. S p active futures up. 7 after the s p closed at the lowest level since august. We have the tech selloff really continue until full force on friday and will have to see whether that resumes when trading resumes later on this week. The nikkei 225 is up by. 3 when it comes to the future session as we get the leadership race in japan officially kicking off dollaryen pretty steady. 106 and a. We have the dollar rising against every g10 peer. The u. K. Is getting closer to that Nodeal Brexit scenario. New yor
With the u. S. Cases jumping the most in almost eight weeks. Anthony fauci says a new mutation could speed the spread. Will tell citizens to act responsibly as pubs and restaurants in england reopened today. The nation will also use quarantine rules from some European Countries, including right here in germany. Lets take a look at some of the risk assets that could move markets today or indicate what we are going to see. S p futures, first off, actually, as i mentioned, there will not be any trading in the u. S. Today, but still a good idea to see what is going to happen in terms of risk sentiment. We see them down. That said, european futures are kind of mixed right now. Gold is trading slightly lower right now but still looks set to end the week higher and nymex upde as well down today, but above 40 a barrel. So it is relatively strong price for wti, and then finally, take a look at the bloomberg dollar index. Interesting today. It is slightly higher, but the dollar index looks set t
On the rise ofis infections across the world. European stocks are edging higher along with s p 500 futures. Now, they are pretty much flat, down 0. 09 . Investors weighing scattered signs of economic improvement against the spread of coronavirus. Im looking at eu sovereign bonds, dipping. Treasuries little changed. Lets get to the first word news with leighann gerrans. Hasresident donald trump tweeted video of a man yelling white power. Confrontation was between antitrump supporters and his supporters. Senator tim scott, the sole black republican in the chamber, urged the president to delete the tweet that is fueling accusations the president is fomenting Racial Division after the killing of george floyd. More protests in hong kong as beijing debates a new national thatity law for the city the hong kong executive says people have nothing to worry about as long as they abide by the wall. Residents must avoid crossing red lines. In poland, voters systemsne country, two consideration when
The white house and the house of representatives seem to be in negotiation with the senate, a Republican Senate really stepping aside, and mr. Kudlow moving that forward. The oil story is absolutely remarkable, and perch yearly the confusion of the end of may futures, and over into the june futures as well. We are about ready on the spot market to get a 13 handle on west texas intermediate. Francine you are right, because of the change in futures contract, we could see heightened volatility in the next couple of days, starting from today. Lets get to first word news in new york city with viviana hurtado. Viviana the white house and Democratic Leaders are close to agreeing on the next coronavirus eight. This measure would be up to 500 this next coronavirus aid bill. Formeasure would be hospitals and testing. Trying to free up cash for businesses, it will allow importers and manufacturers to delay payment for 90 days, this on many overseas products. But the move does not stop ongoing pun