Or the rest of the world. With Earnings Seasons coming up and a few key Economic Data points later this month, how confident are you in the economic recovery . Great setink we had a of economic figures really since midmay through june when the reopening story was gaining the most momentum. Reports,o great jobs pmi, sales, housing data, all to the upside. Economic price indices we follow are in the u. S. Now at alltime highs. That being said, i think we may have a time of slowing in perhaps in the weeks ahead as Economic Data plays catchup with what we are seeing in the country with a slower reopening broadly. So the job state of this past month captured the time from midmay to midjune. The next jobs report will capture midjune to mid july, when we started seeing thoses likes and those spikes and a pause in the reopening. As you mentioned, we also had earnings starting in earnest next week july 15. From an earnings perspective for two to we are seeing downward for q2, we are seeing a do
Million, representing more than a quarter of all cases globally. I want to bring in our Bloomberg Markets reporter, who has been on top of all of this action. What did you notice today, with more record highs it is the usual suspects that continue to lead the way. A story of tech outperformance again. Boarde higher across the when it comes to major averages, but the outperformance came from the nasdaq. A record high. It was up by more than 1. 5 . I want to highlight that even though tech stocks and stocks wasdly were higher, so gold. It has been the highest since 2011. 1800 an ounce. That creates safer assets. The tone is not all risk on. The tech has been a safety trade. They are benefiting from a world staying at home. Todays session was the largest of the large that were leading the way. Apple, amazon, facebook, all contributing the most to todays rally and all four of them closing at record highs today. From a valuation perspective, how overvalued does the tech market look . We are
That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Operations in new zealand. The hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. Switching off the board to the terminal chart. We are watching to see if the the best sinceng september 2019. We are keeping an eye to see of chinas market value can top 10 million after pushing beyond nine for the First Time
Now on bbc news. Its hardtalk. Welcome to hardtalk, im stephen sackur. The roll out of covid 19 vaccines has boosted hopes the virus can be tamed, but it will have to be a worldwide effort if its to be effective, and right now the signs are not so good. While tens of millions have already been vaccinated in the rich west, the worlds poor are facing a very long wait the phrase Vaccine Apartheid has already been coined. My guest is the chief scientist at the world health organization, dr Soumya Swaminathan. Is Vaccine Inequity undermining the fight against covid . Dr Soumya Swaminathan in geneva, welcome to hardtalk. Hello, stephen. Thank you for having me. Its a pleasure to have you on the show. Lets start with an overview. Is there any reason to believe that we are getting on top of this Global Pandemic . Well, one year ago, the Director General of the who announced that this covid 19 was a Public Health emergency of international concern. That was on 30 january, 2020. And he said that
Taylor was killed sheds new light on a confrontation that fuelled protests. Final moments. How footage of naya rivera at a dock before she disappeared, an audio could help searchers at a california lake. First, here is todays eye opener. Its your world in 90 seconds. They dont want to open because they think it will help them on november 3rd. I think its going to hurt them on november 3rd. Open your schools. Another daily record for coronavirus cases. We need to get the states pausing in their opening process. Donald trump is way over his skis. This administration seems to be turning its back on science. A split decision from the Supreme Court involving President Trumps tax returns. Prosecutors in new york can see them. Members of congress cant. Clear that this was a win for the president. Tropical storm fay will continue to move north. The main threat is heavy rain. The flash flooding concern. President trumps former lawyer is back in prison after violating the terms of his furlough.