Coronavirus cases top 12 million. Vice president pence says schools should reopen. Raphael bostic warrants about the hit to Consumer Sentiment. Stock market frenzy pushes the shanghai composite to its highest level since 2008. Thats after mega cap tech took the nasdaq to another record overnight in the u. S. Recovervenue begins to from the pandemic fuel slowdown as your europes Technology Company sees a bounceback and Software Deals throughout asia. Just under one hour away from the start of cash equity trading in europe. Lets take a look at where futures are pointing us right now. Ftse futures up about. 6 . Take a look at u. S. Futures. They have been down though only slightly. Anna, what have you got . Anna lets have a look at breaking news. Numbers coming out from rollsroyce. The engineering business, the engine maker here in the u. K. Giving us details for Free Cash Flow and cost medication action. They themselves are taking it. One billion pounds for cost mitigation action for 202
Nonfarm payrolls surprised to the upside but continuing jobless claims show maybe market weakness persists. However, asian stocks are higher. U. S. Equities of course will not trade on this fourth of july holiday. Today is the third of july but this is the holiday, the bank holiday, as you would say, for tomorrows Independence Day celebration. And case closed. Thean lawmakers end nations illegal standoff with the bank voting to accept that the qe measures taken were proportionate. Western one hour away now from the start of cash equity trading in europe. Lets take a look at how futures are shaping up. We had a mixed picture earlier. Now, we are looking at green arrows for the most part in terms of european futures. Actually, very Little Movement there. And if you look at a broader board, you would see a more andrse picture with cac ibex 35 futures down but also not by very much. Still sort of searching for direction. Lets get the berlin burger the bloomberg first word news. Top stories
In a lab u. S. National intelligence authorities and this is important have rejected the conspiracy but many inside the white house including the president have still played it up sans real evidence critics charge what the white house is doing is deflating or deflecting attention away from the fact that the u. S. Is response to covert 19 fares well poorly compared to that of most developed countries including south korea and now even italy but the u. S. Dealings with china are not confined to a war of words between washington and beijing c. Theres also this last week the United States sent b. 52 bombers into the South China Sea as a show of force in the region and then over the weekend 2 more u. S. Navy ships were sent to patrol the South China Sea the u. S. And the u. S. N. S. Cesar chavez. Yes both being assigned to patrol the area off the coast of malaysia where the u. S. Accuses china would stealing the countrys oil supply china argues look the region is part of the South China Sea
In a lab u. S. National intelligence authorities and this is important have rejected the conspiracy but many inside the white house including the president have still played it up sans real evidence critics charge what the white house is doing is deflating or deflecting attention away from the fact that the u. S. Has response to covert 19 fares well poorly compared to that of most developed countries including south korea and now even italy but the u. S. Dealings with china are not confined to a war of words between washington and beijing see theres also this last week the United States sent b. 52 bombers into the South China Sea as a show of force in the region and then over the weekend 2 more u. S. Navy ships were sent to patrol the South China Sea the u. S. And the u. S. And cesar chavez are both being assigned to. Patrol the area off the coast of malaysia where the u. S. Accuses china would stealing the countrys oil supply china argues look the region is part of the South China Sea
In a lob u. S. National intelligence authorities and this is important have rejected the conspiracy but many inside the white house including the president have still played it up sans real evidence critics charge what the white house is doing is deflating or deflecting attention away from the fact that the u. S. Has response to covert 19 fares well poorly compared to that of most developed countries including south korea and now even italy. But the u. S. Dealings with china are not confined to a war of words between washington and beijing c. Theres also this last week the United States sent b. 52 bombers into the South China Sea as a show of force in the region and then over the weekend 2 more u. S. Navy ships were sent to patrol the South China Sea the u. S. Government and the u. S. And cesar chavez are both being assigned to patrol the area off the coast of malaysia where the u. S. Accuses china with stealing the countrys oil supply china argues look the region is part of the South