Autonomy is said to have featured prominently. Coronavirus cases reach a record fueled by latin america. Infections in florida hit a record high while Texas Governor said contagion is accelerating at an acceptable rate. 9 00 6 00 a. M. In london, in dubai. What a morning. How to lose friends and alienate a president. Would Peter Navarro be the man that would kill the china trade deal . That is the question posed to the markets. Our next guest said a trillion dollar roundtrip. Words matter. Good morning. You never want words to be taken out of context, do you . It certainly did radel overnight. Overnight. It does really just highlight even though we have seen a powerful rally from the march lows, how sensitive these markets are to any sign of risk out there. This takes us back to david blooms comments. Risk on, risk off. Aussie, kiwi, you see the disintegration of risk off, straight back onto the fuel. How are the markets . On the screen in asia, which is interesting, because we have ke
Good morning, everyone. This is bloomberg surveillance. Im Francine Lacqua in london. Lets look at the markets. The markets focusing on data out of france. Verye expecting pmis shortly but also focusing on the china deal after there was confusion on whether the deal with China Remains intact or not. First to the data that is just coming out. There was a bit of a surprise when it came to the french pmi above 50. Anything above 50 in this environment, remember, anything above 50 means expansion. Anything above 50 in this environment is really taken as encouraging news. Euro area june manufacturing pmi coming in at 46. 9, betterthanexpected. Services pmi much betterthanexpected. The figure we were expecting was 41 and it came at 47. The other things i am watching and thehis renminbi european stocks gaining 1. 3 . Lets get straight to the bloomberg first word news. Heres dani burger. U. S. Vice president mike pence is warning of more young people testing positive for coronavirus. He made t
Across the americas. The spread is unacceptable. South korea braces for a second wave. Lenders are backing away. Bank of considering cutting a credit line, writing off its and calling it quits. We are just getting some indications, early indications of the economic rebound in australia. The cva australia pmi manufacturing preliminary number for june bouncing back. Just in contractionary territory but certainly much better than the 44 from the previous reading. The Services Number also much better i we get parts of the Services Economy reopening after the restrictions coming in at 53. 2. The previous reading was 26. 9. That composite number for june, 52 point six. 28. 1 and out of contractionary territory. That is a preliminary reading but things looking a bit more positive. Also looking positive for asian markets, lets get over to Sophie Kamaruddin for a look. Futures are in the green with s p eminis and he restocks resuming gains while the aussie dollar remaining on the on foot at the
Mark a new beginning of european cooperation. D. W. M. Celebrates the 75th anniversary of the end of the 2nd floor for a mate on t. W. As anxiety over the coronavirus runs high its accompanied by another distressing trend a rise in racism in bulgaria many roma around raged. Theyve lost their jobs effacing title lockdowns than others the neighborhoods cordoned off the Authorities Say its vital in writing in the spread of the virus the roma say its discrimination. From asians in europe to muslims in india and black people in the. I can states fear of the pandemic is giving a boost to see the phobia and exclusion. And welcome life isnt always easy and lock down but you dont have to make it harder for others by being racist as points out could actually a dangerous situation yourself to that 1st a virus racism. The virus does not discriminate its a line many have used to describe the fact that anyone can come down with covert 19 but when it comes to Human Behavior discrimination has range s
A new beginning of european cooperation. D. W. Celebrates the 75th anniversary of the end of the 2nd floor for a mate on t. W. As anxiety over the coronavirus runs high its accompanied by another distressing trend a rise in racism in bulgaria many roma around raged. Theyve lost their jobs they facing tighter lockdowns than others in the neighborhoods cordoned off the Authorities Say its vital in writing in the spread of the virus the progress say its discrimination. From asians in europe to muslims in india and black people. In the United States fear of the pandemic is giving a boost to see the phobia and exclusion. And welcome life isnt always easy but you dont have to make it harder for others by being racist as they point out could actually dangerous situation yourself to that 1st a virus. The virus does not discriminate its a line many have used to describe the fact that anyone can come down with covert 19 but when it comes to Human Behavior discrimination has range supremum in thi