Bloomberg radio, bloomberg television. Earlier this morning, mr. Macron in his military, earlier london at whitehall, the british military, prince charles, i believe, in attendance there, and jon, you have to wonder who shows up with President Trump today on veterans day in america that is a mystery. Jonathan we mark veterans day in the United Kingdom as remembrance day, the 11th day on the 11th month. We will see the president today, and that is important. Whether we hear from the president , two different things, and we would like to hear from the president to see where he stands on the contested election. It has been building up, particularly over the last couple of days. Tom were going to go to market right now. , one, lisaexplain abramowicz is not with us today, an important day off for her come up in the catskills trying to find the proper word for the fourth thursday of november. Dow futures up. Look at the vix, under 24. Jonathan this market is balled up. Jp morgan calling it m
31 was exceptionally important. I spoke to the vice chairman yesterday, and hes really enthused about expanding on a lot of this monetary mumbojumbo. It is an important speech, but the backdrop, you nailed this weeks ago, is the massive case build up in the United Kingdom that the Prime Minister talked about yesterday. Im sorry, the landscape changed yesterday when he went out to march of 2021. Jonathan the outlook for europe gets a little bit worse. The data on the Services Side backing that up. From my perspective for the Federal Reserve, the message they want to send if things get the message they want said, if things get better they want to send, if things get better. Tom how many times will we mention it . Jonathan i lost count. Lisa, will you count it . Lisa no, but im going to let tom know that. Tom 47 times. Lisa there you go, 47 times we mentioned fiscal stimulus. Jonathan just to clear this up for our listeners, our audience worldwide, tom keene has not counted how any times.
Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers to build at least 75 million 5g iphones for later this year in a sign that demand is holding up. Just under one hour away from the start of cash trading across europe. Lets take a look at what futures are showing yesterday after we closed yesterday down across the board in europe. We are now seeing futures rise. The ftse didnt sure cash in the futures are down. Index seeing the equity closed down with trading higher. Since the ftse missed out on the drop its futures are trading lower. We have gr
The measure of the ecb were the good one now it is up to the industry to be occur ageous. French finances a massive plan to support the economy amid a resurgence among virus cases siemens at the bottom after unveiling an increase to help fund its deal. A warm welcome to street signs. Lets kick off the show with fresh data just off the wires here the composite Pmis Services have come in at 51. 5. The august composite has come in at 51 dat 9. Almost slightly better than the flash number of 51 dat 6 new business, that has come in at 49. 8. Bang in line with flash estimates weaker than july new business, a little weaker. Overall, we are looking at growth territory for the composite as well as Services Sector within the eurozone mixed picture when you look at the country break down germany stands out as a bright point this morning italy and spain in contraction for the Services Sector. France remaining above the 50 mark for the month of august overall, the economy is slowing a little bit we
It. Of we have been watching what has been going on on the louisiana coast for the latest headlines on hurricane laura, that has preoccupied people. Here in europe, also waiting on the latest developments from jackson hole. Just as we see laura weakening to a category three hurricane, although we know they can still linger it still do damage. Tom 120 Miles Per Hour maximum wind, but the landfall of 160 was extraordinary. The shape of the storm has changed as well. With our first word news in new york, here is ritika gupta. Ritika good morning. It is one of the most powerful storms ever to hit louisiana. You were just discussing hurricane laura, it made landfall near cameron, louisiana with maximum winds of 150 Miles Per Hour, plus there is a threat of a catastrophic storm surge and flash flooding. There is concern that damage could leave areas and uninhabitable for months. It will also shut down a third of the regions Refining Capacity. Winds have died down but laura is still a categor