U. S. Stores while pepsi shuts a food plant in beijing. Sending a message to the white house. How tictoc users may have contributed to the low turnout for President Trump in tulsa. Haidi lets take a look at how we are shaping up when it comes to the start of trading this monday morning in asia. Looking like a pretty uncertain start as u. S. Futures are. 25inuing to drop at percent. Nikkei futures trading in chicago down. 4 . We have a bit of strength in the yen in fact. We had the dollar outperforming at basically every g10 currencies in the overnight session other than the japanese yen which is sitting at that high 1060 handle. The are also seeing a slip when it comes to trading in oil prices after the market rose almost 10 last week on news that these output curves are continuing to work to break down the supply glut these concerns about a second wave of this virus resurgence are clouding the demand outlook and causing a bit more of a downside trading action when it comes to crude. W
Happy monday. This is bloomberg surveillance. Khan Francine Lacqua in london. Lets get to your markets. Investors, trying to win a number of infections rising with all of the extra stimulus being put out. If you look at what the market is focusing on, stocks are falling, gold is nearing highs on concerns about the virus, treasuries on the dollar hovering below 40 a barrel in new york. Market checks through the day. Lets get to the first word news in london. Here is dani burger. Disappointing crowds for Donald Trumps First Campaign rally since the virus outbreak. The event in downtown tulsa attracted far fewer supporters in the white house had touted. It was overshadowed by continuing criticism of the president s response to the pandemic and his reaction to protests against police brutality. You are warriors. Thank you. We had some very bad people outside. [cheers] we had some very bad people outside. They were doing bad things. I stand before you today to declare the silent majority is
Results, saying the missing 2. 1 billion euros on its Balance Sheet probably doesnt exist. Shift, the bank of england governor saying he gave officials more firepower in future cases. And no holds barred. Slam hongrass set to kongs National Security law when they hold talks today. We are live in brussels. Just over an hour away from cash trading. Arrows inking at red europe, more than one person , ftse futurescks a little down and dax futures off about 1. 5 . U. S. Futures are pointing higher. We see some slight gains, little gain, really unchanged. S p futures up to tens of 1 and nasdaq almost 3 10 of 1 . Gmm . Have you got on the its interesting we see the divergence in u. S. Futures and european futures, a little bit of catchup and European Equity markets. On a fairly flat session for asian markets, at least overall. Some weakness coming through in hong kong as a result of the security law, some more detail on that from china. A bit of weakness in the hong kong market. Broadly, flat
Around these companies, whether that means private ownership or state involvement. Dagen much more of marias interview throughout the show. Rallying again, President Trump officially restarts his 2020 campaign with the rally in tulsa, oklahoma over the weekend, what he said about his opponent and the controversy over crowd size ahead. Speaking of rally futures back on the rise this morning, 216 point gain after fridays disappointing downturn led by apples decision to close stores over fear of coronavirus, but look at the markets go last week, gains across the board. The nasdaq is up 45 from the bear market low. Dining in sunshine, new york city allowing restaurants to reopen with customers taking a seat outside, restaurant ur lady gagas father. Mornings with maria is live right now. Dagen european stocks, good morning, european stocks largely flat after losses, slight gain in ftse 100 in england. Wire cart shares plummeting overnight. Resurgence of coronavirus around the world. World H
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices fall fog fouryear low. Opec preparing to meet this week. Raymond james weighs in on chevron, exxon, hess, occidental. United technologies announced the chairman and ceo is retiring, effective immediately. Ill tell you whats next for the company, who the new ceo is and ask questions. Not sure we have a lot of the answers. Lets get to the markets. For a sixth consecutive week of gains. The 45th record close of the year, the dow its 28th, nasdaq, as we told you, new 14 1 2 year high, 6 out of 10 s