Dividend plans. Welcome to surveillance. Im yousef gamal eldin. We have a situation. The countdown of the trade deal between u. S. And china is being factored in the wider picture. The stoxx 600 is up three tens of 1 , traders looking at two more stimulus measures. The president s actions appears to have bought enough time to get people back to the negotiating table, slightly risk on. Thats getting reflected in the brent crude trade, just below the 45 a barrel handle. We are snapping a today losing streak. Indications from saudi aramco are bullish. Asia getting stronger, as well, back to previrus levels. A little downside. A weaker dollar but the g10 players can find a narrow range ubsu. S. 10 year yields says go short on the five year yield. Plenty to consider, plenty to get through, lets get the first word news with leighann gerrans. Leighann good morning. Billionaire bill gates says its mind blowing the government hasnt approved coronavirus testing. Cnn, he cited long lines at comme
Stayathome to save the birds of london. That is a good thing to say. It is the strangest august, and the only litmus paper youve got right now is the weaker dollar, the preponderant trend this morning. Francine yeah, weaker dollar. Im also looking at a couple things. When it looks at iron ore, it is significantly up, and we are looking at gold. First lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika Michelle Obama describes President Trump as unfit for office on the Opening Night of the democratic convention. The former first lady blasted him from his handling the pandemic. Worthen 150,000 people have died, and our more than 150,000 people have died, and our economy is in shambles because of a virus that this president downplayed for too long. Trump isbama said that clearly in over his head. President trump added a trip to iowa to his schedule today. Support has been slipping in a state that he won in nine Percentage Points in 2016. Polls sho
Organizations that help people impacted by addiction. Is removed,gma people will no longer be ashamed to ask for help and lives will be saved. If youre struggling with addiction, there is no shame in your illness. Please seek help, youre worth it. Next four years as first lady, i will continue to build the bond and lurk with individuals to past legislation to take care of our most vulnerable. I plan to continue the work i have started with children in foster care as well as minority communities and tribal nations. Make sure children are being protected and communities have resources needed to combat drug addiction and child neglect or abuse. I will continue to encourage education that supports a child positive visual needs. It is by for vital the children are given Building Blocks to succeed. I also look forward to continuing my work to restore the peoples health. That is a lasting symbol of pride for our nation. I believe this iconic home is to. E cared for and preserved people in thi
Could close with an agreement to cut output. Russia says it is prepared to cut as much as 15 . Lets get a check on markets. We are seeing quite a bit of risk abbett risk appetite, given that we dont see signs of a peak in cases globally in the epicenters of coronavirus. Dax up 2 and the futures pointing to gains. The s p 500 technically went to pool territory. Bull territory. Will initial jobless claims put a stop to the rally or will they shrug off the numbers . One market is perhaps telling a different story. The dollar is steady in todays session. Gains, someg some optimism ahead of the opecplus meeting in oil. Generally a bit of a riskon tone across markets. Bloomberg first word news. Vicena former u. S. President joe biden is the Presumptive Democratic nominee for president after Bernie Sanders suspended his campaign. He thanked supporters for helping create an unprecedented grassroots movement. Stays says he will on the ballot to help democrats closer to his vision. Oil gaining a
300 billion in direct Cash Payments will be available for every american citizen earning less than 99,000 per year. 3000 3400 for the typical family of four. Beenng like that has ever done. Up to 250 billion dollars in expanded Unemployment Benefits. The average worker will receive 100 of their salary. Or up to four full months. Normal unappointed benefits, independent contractors and the selfemployed will be eligible. Independent contractors and self employed people will be eligible for this. The 100 billion to support heroic work of our doctors, nurses and hospitals who have been incredible. 45 billion for Disaster Relief fund. We are setting up a fund of 45 billion for Disaster Relief. That is more than doubling the amount available to support my National Emergency and disaster declarations. Thebillion to build up Strategic National stockpile with critical supplies including masks, respirators, pharmaceuticals and everything you can imagine. Very depleted, our military was depleted