National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crude prices, which did rise, gasoline hitting the five month
3000 jobs will be cut under bains new ownership. Bain capital ownership, which in addition to these details relating to jobs, we are also expecting to hear about aircraft fleet and the future as well, this after bain bought Virgin Australia in what is a pretty bold that on an industry that has been shattered by the travel restrictions and the coronavirus pandemic. Virgin australia committed to regional and charter flying. Of targetsindication and priorities when they are restructured in addition to 3000 jobs being cut. Also getting data out of australia. Manufacturing pmi, services as well as composite index coming through. Dropping from that preliminary number for july. The composite number of 67. 8 also a little bit weaker. The performance of Construction Index coming in at 42. 7, higher than 39. 5. Lets take a look at the aussie dollar. Largely to do with the situation in victoria. We have that renewed lockdown, stricter stage four restrictions. At this time, later on today and tomo
Deaths near 700,000. Virgin australia rescuers are set to outline the Airlines Financial plan. We are seeing u. S. Futures opening flat. U. S. Stocks finished higher in the new york session. They fluctuate between gains and losses. Thestors are assessing prospect of another stimulus measure. Says they try to come up with a timeline on the deal. We expect to hear from President Trump at a press conference anytime now. The s p 500 was way down by financials but Energy Companies led the advance. Oil is losing at the moment. Heading toward 41 per barrel. This after we saw the biggest gain in two weeks. Lets look at the asian markets. Asian stocks are looking at a modest drop potentially ahead of the session. Toyota and honda are reporting today. The yen is holding below 106. China officials are reportedly set to meet around august 15. Barda futures heading higher. When it comes to commodity currency, we saw a lift up there given the rise in oil and metals. Cracked 2000 for the first time e
Supreme court orders the former president obama already to go under house arrest in a case relating to witness tampering and for all. Argentina takes a major step forward in stabilizing its economy by reaching a deal to restructure the huge Government Debt also ahead a groundbreaking and controversial ceremony indias Prime Minister prepares to lay hindu temple foundations on the ruins of a mosque. Welcome to the program a massive explosion in lebanons capital beirut has killed at least 78 people and injured thousands more it happened at a port warehouse where about 2700 tons of Ammonium Nitrate have been stored for years well its about 7 am in beirut now and these are live pictures showing the scale of the destruction hospitals are overwhelmed and in a moment. Speak with someone from the medical community but 1st aljazeera zana how to reports. A massive explosion in the heart of the lebanese capital. Was. The blast essential quavers across beirut shattering windows destroying buildings
Foundation of a hindu temple on the ruins of a mosque. 11 and has woken up to large parts of beirut in wreckage after an explosion tore through the capital the red cross says at least 100 people have been killed more deaths are expected thousands have been wounded rescue workers will been searching for the missing people through the night the explosion happened at the port warehouse near a busy commercial district the government says about 2700 tons of Ammonium Nitrate had been stored there for years the blast was felt a 160 kilometers away in cyprus now countries around the world they are offering help so a holder in beirut. Begins our coverage. A massive explosion in the heart of the lebanese capital. Was. The blast essential quavers across beirut shattering windows destroying buildings. And injuring hundreds. The streets were filled with panic and confusion cautiously auto my call was down there it rolled over i think my injuries all because of the loss the last copy up my call was