Month high and europe a different story. The economy lost momentum unexpectedly. Michael is here for the breakdown. Michael the narrative in europe playing out as europeans forecasted. They are now seeing a covid come back and slowing Economic Data. Indexes, thetiment pmis, is this month better than last month or worse . The consensus is it was not as good or worse. You can see all of us the euro zone in france, germany, they saw declines in the manufacturing and services pmi and france taking a big hit, dropping into contraction territory for the manufacturing pmi. Germany a little better. Manufacturing improved but services and composite well. Composite in all three areas following the weakest representing three position of lockdown measures due to the current flareup of the virus in europe. Those of the countries that a lot of in the curve. We saw in the minutes earlier this week at the ecb that policymakers are reluctant to embrace the forecast at the july meeting because they were
Last weeks beirut explosion as anger grows the Prime Minister is considering early elections and this technology used. The worst idea to find people of color facing wrongful arrest who look at how the use of facial Recognition Software impacts black asian native American People in the u. S. And in sport golf looks to have a superstar in the making and only his 2nd appearance at a major championship all the marquis power has won the u. S. P. G. A. Championship. Police in hong kong have made the highest profile arrest yes under a Controversial National security law imposed by beijing media tycoon and activist jimmy lie is among 9 people detained on monday in an executive an executive in lies media group says that hes been held on suspicion of colluding with foreign powers lets go live now to hong kong to syria sara clock is there sara whats the latest. The latest is weve had a sweeping Police Operation on monday as you mention the most high profile arrest today has been jimmy long. I mea
A president ial election that the opposition says was rigged. At a Washington Court issues a summons against saudis crown prince it follows claims that he ordered the hit squad to kill an intelligence agent in canada. And in sports call thing looks to have a new superstar in the making in only his 2nd appearance at a major championship point how much has won the u. S. P. G. A. Championship. Lebanons capitals is facing rising pressure to step down as a 4th government minister resigns tensions have been boiling over in the country following the massive explosion that told through beirut on tuesday the finance minister joins the biggest us for justice the environment and information in bowing to public pressure and leaving government that been 2 days of violent protests in the capital with more planned on monday 9 m. P. s have also quit parliament aljazeera said to hold a joins us now live from beirut so the Cabinet Meeting right now as we speak. Yes they are in session and it is highly l
This program is part of the Commonwealth Club virtual series. We like to thank our members and sponsors and supporters for making this and all of the other programs possible. We are grateful for your support and hope that others will follow examples to support the club during these uncertain times. Today im excited to be talking with Tiffani Cross longtime analyst and author of a brand new book, say it louder tiffani has spent years in politics and the media where she has witnessed the ways in which black voters are minimized and suppressed through both policy and media coverage. Say it louder builds on the work and explains the ways in which black voters have been crucial in the same political system that were often dismissed from and although Voter Suppression is not new, Tiffani Cross asserts that the changes coming by way of political activism in this country and a demographic shift. If you are watching along with this and have a question you would like to ask tiffani later in the
People saying we are going to get this rotation out of growth, into value. That rotation seems to be overdone. I wonder if you are still going to get people trying to push that narrative. Jonathan yields higher off the back of the ppi data yesterday. Friday. Y, retail lisa we are expecting a little bit of an increase, kind of like what we saw yesterday. It is going to be interesting to see whether weve got a further selloff in bonds. We will get another record sale of u. S. Treasuries on the long end, selling 10 year notes. Yesterday we saw that three year auction come in very strong. Interesting to see whether that happens again. Today we are going to be hearing from the Vice President afterate Kamala Harris joe biden selected her as his running mate. They will be speaking in delaware later today. Jonathan lets start with the fx market. Eurodollar starting to push just a little bit higher, up 0. 3 . In the equity market this morning, equity futures up by around 25 points, up around 0.