Profit increase as iron ore holds up amid the pandemic. Relations go even further. China says attacks on tiktok were bullying and rejection of fair competition. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening flat after the s p 500 and other major indices ended the session mixed. We had a rally in Technology Companies with the nasdaq gaining 1 . Selling off sos the s p 500 was dragged a little lower. Still closing at the highest level since february. The third time in the past week that the index topped above its february closing record during the session, but ended below it. Still up more than 50 from its march low. We did get more positive ecodata. A gauge of Builder Sentiment jumping to the highest since 1998. Take a look at oil because that positive sentiment over the economy taking oil for a five month high, all the right now under pressure. Wti now headed towards 42 a barrel. See how things are shaping up, here is Sophie Kamarud
Fall on year and below analyst expectations. They confirmed plans to exit thermal. U. S. China relations sour even further. Jing says the tax lets take a look at how we are shaping up for this asian trading day. U. S. Futures within shouting distance when it comes to the regular session of that february record but then retreating by the close. We are seeing not much happening when it comes to active futures contracts. The nikkei 225 looking weaker going into the open. Chicago futures trading there. The topix in the meantime remains the bestperforming market in august. We will see if it continues those gains today. Ftse futures looking like we will open up higher by. 4 . The data calendar for the day, we get the rba august meeting minutes, looking into the details of their bond buying as well as the renewed assessment of how that new victorian lockdown will barter economy in those Monetary Policy settings. Also watching crude, we are seeing weakness, just holding over 42 a barrel althou
Tracker showing joe biden with a doubledigit lead. And holiday covid concerns. Large crowds gather to celebrate the unofficial end of summer, despite warnings from Health Experts. Plus the virus impact on College Towns where College Football is on hold. A lot of money on the line. First, todays eye opener, your world in 90 seconds. We keep thinking theyve got it. Theyve got it, and then it flares back up. Total devastation. Sheriffs came through and said weve got to go. It may be time for them to leave. Fast wildfires raging across the state of california forcing mandatory evacuations. This heat wave is extraordinary. Its about as hot as it can physically get across california right now. Its cooking out there. Fresh concerns over potential spike in covid19 cases after the long Labor Day Weekend. Peoples willingness to comply with things we know can reduce spread is going to start to fray. The white house remains on the defense today. Allegations from a soon to be released memoir by a t
Violent protests over the election results. The top story the lebanese Prime Minister and president were warned by Security Officials last month about the explosive materials stored in the beirut for syria that caused last weeks blast documents seen by the Reuters News Agency say leaders were told the Ammonium Nitrate posed a Security Risk and could destroy the capital if it exploded it comes as Lebanons Parliament now has to decide on a new Prime Minister after house and finance he and his government would step down the decision follows widespread public fury blast killed more than 200. 00 people injured thousands more and left hundreds of thousands homeless burnet smith is our correspondent talking to us this out of beirut so whats going on around where you are right now. Peterman the mama hail parts of beirut and im in front of prime multi 1000000. 00 apartments with an uninterrupted view of the sea because a front of me is the ports d where those 2700. 00 tons of Ammonium Nitrate e
In september. Auckland goes into corona virus locks out new zealand reports its 1st cases of Community Transmission in more than 100. 00 days. And the roosters leading opposition candidate leaves the country of a violent protests over the Election Results. And in sports the los angeles like leave it late and a 3 game losing streak. Going again whenever the same the n. B. A. s western called. Lebanons Prime Minister and president warned just last month about the explosive material stored in beirut port that caused last weeks blast security documents seen by the Reuters News Agency say that leaders were told the 202750 tons of Ammonium Nitrate posed a Security Risk and could destroy the capital if it exploded. It comes as Lebanons Parliament decides on a new Prime Minister of the house and dia but on state that he and his government would step down the decision follows widespread public fury the blast killed more than 200 people injured thousands more and left hundreds of thousands of th