Here are your top headlines from the bloomberg terminal. Confirmed coronavirus deaths top one million globally but some estimates are double that. Angela merkel warns about a christmas virus bike as the netherlands imposes a threeweek curfew on bars and restaurants. Stimulus still drives stocks. House democrats released a scaledback 2. 2 trillion proposal. President trump goes headtohead with joe biden tonight in the first u. S. President ial debate. Out free now, considering the purchase of daimler and bmws joint shares 3 . 3 into the close. Lets take a look at futures. We see green arrows, but only up. 1 or. 2 . U. S. Futures are doing better at this early hour, up one third of 1 . Regardless of where you look, the dow jones, s p, or nasdaq, contracts are rising. What do you see on the gmm . Anna a fascinating day yesterday in markets, with gains of more than 3 on some European Markets. As you have been through, futures looking more subdued, and that is the case in the asian session.
Could the feds meeting be a catalyst for gains . Wrote erode. Dont miss our conversation with the ceo of automaker psa group. We saw gains on the s p 500. The benchmark erasing last weeks drop. The rebound in tech stocks overshadowing a slide in banks. Futures on the front foot today. Postinguropean futures gains after we saw europes benchmark close in the red yesterday. Pretty much flat right now. The 10 year yield back above. The dollar at a 22 month low. Gold futures touching 2000. If you look at the spot price we are trading at 1009 hundred 45 an ounce, edging up 0. 2 . Havee republicans presented a rescue plan to bolster the u. S. Economy. Before that, breaking headlines. 300 millionabout euros as an impairment in the secondquarter results. That is the headline just crossing from ing. We will bring more details as we get them. It is booking a 300 million euro as an impairment in secondquarter results. We have a line coming through from delivery hero, raising its guidance after gro
Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
Cash trade is less than an hour away. Here are your top headlines. Republicans unveil a 1 trillion aid package to bolster the u. S. Economy. More direct payments to americans and Liability Protection for businesses. Keeping the borders close. Bloomberg learns the eu is set barriers to travelers outside the block amid rising virus infection rates in spain and germany. Plus, better than bad expectations. Michelin reports operating profit at the highend of estimates despite swinging to a net loss. The delivery here was one of the big delivery hero is one of the big winners. Dont miss our interviews in this program today. We are seeing the ecb, breaking news. The ecb asking european banks to freeze dividends. You can always get the latest ecb headlines on your terminal. Type ecb go for a great dashboard. The ecb is saying it wants european banks to freeze dividends for the rest of 2020. The remaining four months of the is saying ite ecb least not pay at dividends until january 2021. There
Package. The merger between psa and fiat in a move that could force more concessions from the auto giants a new designated driver. Replacing the head of vw brands as the automaker battles with unions over cost cutting plans saudi arabia will no longer cut Additional Oil they say demand is thriving. With we have no whatsoever for lack all of us in the whole World Oil Market have no stomach whatsoever for any type of laxityies. A warm welcome to street signs. European markets have been open about an hour now. It has already been a choppy session. We open in positive territory. Now the main benchmark is down 0. 4 yesterday, the main benchmark dropped 0. 3 what was remarkable was the fact we saw the final recession word enter the mix. Declaring the United States has officially entered a recession just as the nasdaq hit a new record high and raised all losses for 2020. Major difference for what we are seeing in Financial Markets and what we are seeing in the real economy. Begging the questi