Gamers on the go and a mini version of his home pod smart speakers. We are about to get you all the details, the prices and what will no longer be in the box when your new iphone order arrives . This as gadget lovers may just be bringing christmas early to amazons bottom line. Prime day in full swing at this hour. Our power panel unpacks it all in just a few minutes for you. You got to hear what they have to say about both apple and amazon. And despite titillating tech news, look on your screen. We do have a selloff. Stocks are buckling under the weight of perhaps bad news on the Covid Vaccine front. Positive earnings news unable to save the Johnson Johnson stock after the Pharma Company announced last night its been forced to pause its vaccine study. But which marketmoving force will win out in the long term . Earnings or the vaccine headlines . Our floor show traders are about to place their bets. Plus, the electric vehicle spac tidal wave just getting even bigger. We take you inside
Recovery fund. The agreement would be very bad not only for europe but for the markets. Ericsson tops the stoxx 600 as european roll out drives demand but the leader says hes worried europe is missing out. China has accelerated the rollout and it continues at a high pace in north america so 5g is happening at an increasing pace in the world i worry that europe is falling behind daimler shares accelerate as more cost cutting forces the carmaker to halt production of mercedes demand in u. S. And mexico as it reveals a 1. 7 billion operating loss for the Second Quarter the last dance for a lockdown growth shares plunge in extended trade as the streaming giant adds 10 million subscribers but warns growth will grow sharply to its weakest level in years beginning shortly, some comments crossing from the European Commission and she has effectively said that these stakes couldnt be higher and all necessary pieces are on the table and a solution is possible from her leadership perch hoping a de
Orecast indonesia decides later thursday while the boj starts a meeting. A straily markets have just open. Sophie, what are you seeing . Markets have just opened. Saw steepening for u. S. Bonds, pushing the u. S. 10year yield to a fiveweek high, and the kiwi dollar off about. 1 , reversing the earlier spike we saw on the back of new zealand hosting a faster than forecast gdp report on a quarterly basis, which may provide relief to the rbc. Nikkei Futures Holding steady. Were expecting a mixed session in asia as we have plenty of Rate Decisions on tap from indonesia, taiwan, hong kong, along with the boj meeting under japanese as we see stocks perhaps getting a little more love from investors, but not to be loved just yet. Investor view on japan is improving slightly with net 6 of global investors. Paul thanks for that. Lets check in on the first word news now with ritika gupta. Proposed budget for the next fiscal year will approach the equivalent of 1 trillion for a second straight yea
Im kriti gupta in london. Tensions in the middle east ratcheting higher after hundreds are killed in a gaza City Hospital blast. Hamas and israel trade blame. President joe biden is set to arrive in the region but will no longer meet with the leaders of jordan, egypt, and the Palestinian Authority after they all pull out a vase of it. A summit. Country garden on the brink of its first default and says it is unlikely to honor offshore payments on time which will feed into concerns over chinas Economic Outlook despite betterthanexpected data. The idea that markets see different crosscurrents and china at the core of it. You are seeing the chinese trade of low volume. A quick check on futures. Risk sentiment is decidedly lower against something that will be coming off the asia session. Your stoxx 50 futures down 0. 3 . Euro stocks 50 futures down 0. 3 . You are not necessarily saying a defensive bid. Nasdaq 100 futures down 0. 2 . Asia is setting the tone for this mornings grade. Trade. T
Lundstedt. Pass the mustard mccormick buys Reckitt Benckisers food business for 4. 2 billion, adding frenchs mustard and franks hot sauce to the company spice rack the ceo of akzonobel steps down citing Health Reasons as the Dutch Chemicals Company continues to battle activist investor elliott managements attempts to oust its chairman. Weve had so many numbers out of scandinavia the last couple of days and speaking to so many ceos out of that region. Ericsson yesterday tough numbers there. Great numbers today from scedbank we spoke to tele2 who are weathering regulatory problems left, right and center and electrolux and volvo are moving in Different Directions on the market today, but electrolux upgraded its north american outlook after a stronger than expected rise in Second Quarter earnings. The swedish appliance maker upped air north American Growth star get to 3 to 4 citing strengthening demand and a favorable macro environment. Its not the only firm today citing a pick up in north