After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl
A year in exile for president evo morales is on his way to bolivia after his former cabinet member won the election. Or the transitions here joe biden presidency in the United States is gathering pace with some decisions expected in the hours ahead the president elect as you to announce a task force to tackle what he says is his top priority the coronavirus pandemic on sunday biden visited a Church Cemetery where family members are buried including his late son donald trump spent the day playing golf side washington and is refusing to concede defeat his campaign is planning legal challenges in states where hes disputing the counting of votes World Leaders including israels Binyamin Netanyahu and saudi arabias mohamed insall man have congratulated biden on his victory or former u. S. President. Republican george w. Bush also sent his well wishes heres more of whats george w. Bush to say its in and will sit on instagram he thinks buys in for the patriotic message that he delivered on sat
Economists expect a bond buying to exceed 3 trillion euros this year and the next. Twitter shares fall after hours on when unprecedented hack of the accounts of prominent u. S. Figures, including elon musk and bill gates. Ceo jack dorsey calls it a tough day. Welcome to the program. A tough day for jack dorsey. We will get into that story a little bit later on. Just under an hour to go until the start of cash equity trading on this thursday morning. Lets look at European Equity market futures, u. S. Futures. All of that pointing a little bit negatively. It seems some of the optimism around vaccines that dominated trading yesterday, some of that has waned just a little. Replaced by a mixed picture signals on geopolitics and the chinese data. Lets get to some breaking news. We have european Passenger Car sales dropping by 24 in june. European car sales, the slump slowly eases, believe it or not with a 24 jump. The recovery has been taking place now for a second straight month, leaving ma
What else is going on here . We also have lines coming through from carrie lam saying they will not be appointing judges to individual cases with regard to the National Security legislation. She had said earlier it would not be retrospective. Elsewhere, lets have a look at some of the other markets. The shanghai comp, for 10th of 1 . 4 10 of 1 . The kospi, much higher. We were up about 1. 67 before the headlines. The aussie market, erasing all of the gains and the red before came back. The singapore market does language seven tents below the gain line. A quick look at currencies. The dollar index was actually moving to the downside. The first time in six days. That has turned around now. The dollar index itself is marginally high. This is giving up some of its gains. Yen just below 107. Terling up approaching the 1. 25 level. The aussie has been appreciating. It is on the verge of testing the 70 u. S. Sent level. Confidence in the euro area improving marginally. Still down 14. 7. Bette
With the w. H. O. And the invasion destroyed crops this is in india and. Outside the white house and from coast to coast protests and violence have spread to more u. S. Cities over the death of a black man at the hands of a white Police Officer now that officer there has been charged with George Floyds murder but it is a little to dampen the anger particularly in minneapolis itself where floyd died while being arrested on monday diffs demonstrators there defying the curfew and a large deployment of the National Guard was a bank set on fire and a Department Store looted as well. This is the largest civilian deployment in Minnesota History that we have out there today and quite candidly right now we do not have the numbers we cannot arrest people when were trying to hold ground because of the sheer size the dynamics and the wanton violence thats coming out there but as youve seen theres already shots being fired back at our people these arson that is taking place puts many people at risk