Cases surged across several u. S. States, while hong kong and tokyo report new high marks, and india considers new lockdowns. Wall street banks capitalizing on the Federal Reserves extraordinary rescue measures with record profits. Shery lets take a look at how markets are trading at the moment. U. S. Futures are coming online flat, after we saw losses in the regular session after two days of gains. We had investors continue to rotate out of this years top performers. Zero. 7 , fell about with microsoft and apple leading the losses. We had technology, the biggest decliner on the s p 500 as well. When it comes after hours trading, netflix also slumping on disappointing results. We had a couple of elements factoring into the market resurgence of virus cases factoring into the market, resurgence of virus cases, of course, but initial jobless claims higher than expected and the smallest weekly decline since march. Take a look at what oil is doing, Holding Steady at 40 a barrel, trading on
Cases surging in many u. S. States. India considers new lockdowns. Facebook insists it has diversity at the top of its list. But it seems to have done little to boost black staff numbers. Lets take a look at how we are shaping up. That drag coming through from u. S. Stocks. Rotation ofsee this the highflying tech stocks. Netflix casting a very dim shadow. Missing horribly on just about every metric investors care about. Nikkei futures up by a quarter of 1 . Tsmc raising its outlook for evan revenue. Maintaining there for your guidance. Saying that they are seeing improve conditions coming out of china. Lets take a look at chinese stocks in particular as we close out this trading week. One state media article suggested it was responsible for corruption and bribery cases against china. We will continue to see if that stock stages much of a rebound. Shery of course. Also moving markets as the coronavirus. Deaths topping 585,000. U. S. Infection rates rose 2. 5 . Brazils count rose above 2
Unit in a sweeping overhaul. Its a big day for Bank Earnings. We speak to talk executives. Welcome to daybreak europe. Lets get to Bank Earnings. Deutsche banks red headline. Saying they are on track to meet all targets. Lets get to the numbers coming through. The Second Quarter fic trading revenue comes in at 2. 0 5 billion euros. The estimate was 1. 81 billion euros. Upbeat on the Second Quarter f site a beat on the Second Quarter fic. In terms of pretax profit for the Second Quarter, that comes in at 158 Million Euros. Thats a surprise pretax profit for the Second Quarter. The estimate was for a loss of 133 Million Euros. Thats what we are looking at in terms of secondquarter net revenue. That comes in better than expected. The estimate was 5. 94 billion euros. A lot of lines coming through here. 2020 revenue essentially flat. Cet1 reaffirming its 2022 leverage ratio and return on tangible targets. In terms of Second Quarter Net Interest Income, that comes at 3. 0 9 billion euros. E
Africa attempts to revive its battered economy. Plus in the bonus legally blonde box stays in the running for the Champions League after demolishing palatable and one player taking a moment to support the protests in the u. S. Im brian thomas great to have you with us today another night of unrest in the u. S. Was protests in some 75 cities after the death of a black man and Police Custody the National Guard has been deployed a number of states curfews word standard in major cities as Police Struggle to contain the situation and theres been a memorial for george floyd in minneapolis where he died a week. Go after a Police Officer knelt on his neck. While earlier in minneapolis a truck drove through a crowd of protesters on a highway overpass miraculously it appears only one person was slightly injured. The truck appeared to barrel into a large crowd of protesters in minneapolis the tanker headed north on interstate 35 west blaring its horn before coming to a halt. The highway was packe
A crowd of protesters wasnt deliberate the reporter was there as it happened amazingly no one appears of them seriously injured. And one of the worlds strictest corona lockdowns is east as south africa attempts to revive a battered economy. Im brian thomas great to have you with us today another night of unrest in the u. S. Was protests in dozens of cities out to the death of a black man in Police Custody the National Guard has been deployed in a number of states curfews were extended in major cities as Police Struggle to contain the situation. And theres been a memorial for george floyd in minneapolis where he died a week ago. Earlier in that city a truck drove through a crowd of protesters on a highway overpass miraculously it appears only one person was slightly injured. The truck appeared to barrel into a large crowd of protesters in minneapolis the tanker headed north on interstate 35 west blaring its horn before coming to a halt. The highway was packed with demonstrators who then