Protestors come under the ease ght, police try to tronk restrictions. Lus, the task to take tripopol. Hello, the u. S. President donald trump has been criticized for invoking George Floyds name while taking a victory lap over lower than expected job numbers. His likely rival joe biden called his remarks despicable. Floyd was killed after a Police Officer knelt on his neck for almost nine minutes. The death has led to 10 days of protests right across the u. S. Hopefully george is looking down right now a saying its a great day for our country. Its a great day for everybody. This is a great, great day in terms of equality. So the new figures for may suggests the American Economy is already starting to recover from the pandemic but its not great news for everyone. In march, 1. 3 Million People lost their jobs due to the lockdown measures. Taking the Unemployment Rate to 4. 3 . A further 20. 6 million jobs were lost in april when unemployment hit a record high of 14. . Inway may that rate
Lets look at markets. We are not saying much. Coming up, you will hear from this man. Our interview on risks and Financial Markets. And Brian Moynahan on the state of the american consumer. Lets get bloomberg first word news. Frozen pork, pharmaceuticals, some reductions from china, not related to trade discussions, but part of beijings effort to support the claim it is opening its economy. Weekend, aa tense Police Officer pointing his revolver at protesters. U. S. , President Donald Trump asked about ukraine aid before his call with the countrys president. The heavily redacted emails were by the Nonprofit Center for public integrity. They show the administration ordering a hold on aid in our after the phone call. Bush fires burning out of control in new south wales. Died,st nine people have hundreds of buildings have been burned down. The fires of being stoked by record temperatures in the region. Guy the s p is up, bonds are higher, gold is gaining. What about next year . Is joining
The trade war, the selloff in stocks widespread this hour from semis to broader tech to retail to almost all parts in between you tell me what you are doing i saw current takeoffs from risk last week i took a little off this morning. I think theyre good sales im not putting money back in. I think whats happened here is we all knew or most of us had sensed this would come because the lack of stableization deleadership level its like making a deal with the devil. Were paying for it. Without a clear resolution of trade, china having multiple levers to continue to pull with that potentially impacting the economy while on the other side of it the fed it doesnt matter what they do, frankly, it doesnt help, nick, take a year to impact as well. I just think its prudent to put the market going into this being up 20 in the year nobodys got a problem taking money off the table. So sit back. Take it easy, just observe you shouldnt liquidate everything you definitely shouldnt liquidate stocks where
Very very very modestly on monday in a fashion dynamic of course the wall street session of the night it was wait and see a trade is looking testimony coming up later this week got you a skilled place in the direction for the fate of course but also in japan look of cool Consumer Prices patoka this is the leading indicated that rising 2. 5 on the shop acceleration thanks coming into that because we had peace from last look than we did actually do moments not considering calling the view from the economist to is that the boj ship balancing a blend of economic thing comes through the point of the equity in a little bit on continuing to hold around the 150 mark to what we think a career in the side of trade because we have the kospi just coming online here again a little the Fourth Quarter gdp figures the ancient to to. 2 on the. 6 of court a little bit of weakness that equity space is one of really try to take latest lessons from japan culprit governments are forming one of the fact is t
Aides and tragedy in texas floodwaters sweep away little boy as his parents trying to get the family to dry land. And today millions are under threat of more severe weather. Im kate baldwin was sara sidner and john berman in this is Cnn News Central happening now as possible Ground Invasion of Eastern Rafah in gaza could be imminent with hostage and Ceasefire Negotiations teetering on the brink of collapse. We have brand new video, justin of a plume of smoke. After a loud explosion in rafah Israeli Forces could putin launched what they are calling a limited scale operation. The idf Drop Leaflets with a map to socalled safe zones in the message, evacuated immediately. This has a direct impact on as many as 100,000 people, cnns Jeremy Diamond is in jerusalem. Jeremy was the latest your hearing from there . Elmilitary thousands of leaflets on Eastern Raffa, ordering an area were about 100,000e currently living to begin evacuating north to what the Israeli Military is describing as an expa