Best month on record in may, but brent and wti move lower in early trade. Amid talk, opec and allies will bring forward to the meeting this thursday. The uk government defending its decision to ease lockdown restrictions as more shops and primary schools reopen today, while the track and Trace Program is due to begin. A very warm welcome to street signs, everybody. Lets get into the top story of the morning. Protests around the u. S. Over the death of george floyd continue as increasingly volatile tensions between demonstrators and police leave many state capitals engulfed in violence. The issue has sparked a Global Movement as residents in london and berlin took to the streets in a show of solidarity. Well go live to minneapolis with our nbc news colleague jay gray to see the scenes on the ground later in this show. So, do stay tuned for that in the meantime, let me bring you fresh data coming out of europe this morning we have final may manufacturing pmis this is for the eurozone as
Were live from sonic automotive, one the nations biggest auto retailers. Well look through political lens of local business as we look through the hour. Any minute we have new comments to play back for you from President Trump. He haas been speaking to reporters outside the white house, joined by the hhs second alex azar. Also Anthony Fauci after they tour ad medical facility toured a facility from maryland as the coronavirus outbreak spreads throughout the country. We have the first confirmed case here in the state of North Carolina. Well bring all the president s comments as soon as we have them. That could be any minute. Coverage of big stories, blake burman at the white house, Kristina Partsinevelos on markets on the floor of the new york stock exchange, robert gray in california. Kristina, first to you. Kristina what a day. We talk about volatility. Start with the futures market. Then when the fed rate cut came we saw a huge increase and a selloff. We ended the dow about 788 point
Inquiry into president trump, which increases Political Risk in the worlds biggest economy. Europe is down, asian stocks down. Oil prices falling too. And do you need an extra body boost during or post workout . Nutrition supplements are becoming main stream. Well speak to one former england cricketer about how hes cashing in. Could taxing frequent flyers more be a way to tackle aviation emissions . Thats on proposal being put forward. The uk government is looking at it. Will it work . Will we just get used to it . Or, will it cause us to fly less . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Welcome to the programme. We start in the uk, where politicians will, in just a few hours from now, head back to parliament. Its after yesterdays historic ruling by the Supreme Court that Prime Minister Boris Johnsons move to prorogue or suspend parliament was unlawful. Mrjohnson is now facing calls to resign. So what happens next . On 17th and 18th october, th
Voted, last time just one of them voted, last time just one of them voted for a cut in Interest Rates. If we start to see other members of that committee moving towards a cut, a cut later in the year becomes increasingly likely. We will also get detail from the Bank Of England about what they think they is happening to economy right now to stop your running at the detail there that the main concern for them is inflation. It has been sky high over recent months and it is now starting to come down. 3. 2 is where it currently is but it is still above the Bank Of England a target of 2 . What they will be looking out at what point will be inflation, thats a measure of how quickly prices are rising, at what point will that come in line with their forecast and therefore they can start to afford to cut Interest Rates. Because english Interest Rates, m are rather blunt tool that the Bank Of England has to try and encourage us to save rather than to spend. Cool the economy, Stop It Overheating a