Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the question is how long is that last. Lets dig into some of the top stories guy was minting. Germany extending its partial lockdown. Sweden shutting some schools as well. Joining us with more is sam fazeli, Bloomberg Intelligence senior pharmaceutical analyst. We have seen more targeted lockdowns and extensions. Is any of that working now in europe . Sam yes, they are. Funny that we have countries going at different paces which is normal because they have different issues with regards to the number
Rules for Foreign Investors. The strict block count in australias coronavirus epicenter is extended two weeks, triggering warnings of further damage to growth, jobs and mental health. Of how u. S. Snapshot markets wrapped up friday. We saw the s p and nasdaq falling to a twoweek low with the spotlight on options trading as mega cap tumbled, the worst week for the s p since june. Gains in financials illuminated losses. This morning little changes with u. S. Markets offline for the labor day weekend. Switching the boards. Sawthis morning after we crude drop below 40 friday, stigler that level. Staying below that level. Energies Energy Officials are sing about Global Demand sing taketwothree years to recover to previrus levels. When china reports this morning will be watching numbers on oil and refined product numbers imports and exports. Mixed, lower after regional stocks marks the worst since april. Japan watching a typhoon that is to make landfall in the south where Companies Including
Yesterday. It ended with new records for the s p 500 and the nasdaq, check out this nasdaq, up 86 points, three quarters of a percent, s p 500 up 12 points at 34, 43, unchartered territory. Violence erupting in wisconsin for a third night in a row, the gun battle in the streets leaving two people dead. Weve got the latest. Hurricane laura a category 2 storm, it is gaining strength, barreling towards texas and louisiana. Well take you live to the gulf coast this morning. How far did it go . New details in mcdonalds investigation into steve easterbrook, examining if he and other employees covered up misconduct. Peloton ready for the ipo, giving investors a look at its finances. Finding your happy place, the surprising spot more americans are going to relax. Mornings with maria is live right now. European markets this morning are mixed, take a look at the fq100, down 9 points, the cac is up 8, the dax in germany up 60 right now, about one half of 1 . In asia overnight markets were split,
A damaged child cancer treatments. The u. S. Has failed to persuade the Un Security Council to extend an arms embargo on iran it means that terror will soon be able to trade weapons without un approval the bid was the latest attempt from the u. S. To clamp down on the rein in arms sales accusing terror on of sponsoring state terrorism well the arms embargo is set to end on october 18th 5 years after the signing of Irans Nuclear agreement with world powers but the u. S. Wants it extended indefinitely thats been opposed by russia china and some other members of the Security Council washington insists it wont let the embargo and sect of state might pump aoe says the u. S. May now trigger a so course not but clause that restores all u. N. Sanctions on iraq will christensen image on us live now from u. N. Headquarters in new york kristen so this u. S. Sponsored voters failed was this expected and talk us through what exactly happened. Well we know that the chinese and the russians were expe
U. S. Efforts to extend an indefinite arms embargo on iran have failed at the United Nations unless further action is taken starting in mid october iran will be able to purchase conventional weapons christine salumi has more now from u. N. Headquarters in new york it was a quick an unceremonious and to the United States efforts to extend the iranian arms embargo that is out of the war if that follows. In favor to watch again 11 at abstentions that draft resolution has not been a doctor. Every failed. Number in a statement u. S. Secretary of state mike pompei o called it an inexcusable failure saying quote the Security Council paved the way for the worlds leading state sponsor of terrorism to buy and sell conventional weapons without specific u. N. Restrictions in place for the 1st time in over a decade under an agreement negotiated by the 5 permanent members of the Security Council and germany aimed at stopping iran from developing Nuclear Weapons the 13 year old ban on conventional we