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Innovations, but does promise a massmarket car by 2023. Welcome to bloomberg surveillance. I francine lacqua. A lot going on in terms of news flow. We have an etf show coming up but we have some breaking news in terms of pmi for the euro area. A bit of an indication of where we are headed in terms of economic prowess or not. September services pma coming in at 47. 6, below the estimate of 50. 6. Ityou get a figure above 50, means we are in expansion territory which we are not paid european stocks across the board are gaining. Partly, this has to do with some of the recent trends we have seen, certainly when it comes to Market Street the dollar also extending the rally and it does seem like the stocks are steady as equity markets try to build some up one upward momentum after we had a pretty big selloff that cut valuations in early september. Coming up later today, the fed has shelled out 8. 4 billion dollars buying fixed income etf ....
The cash trade is an hour away. These are your top headlines from the bloomberg terminal. Traversing course. Goldman sachs tell staff in london to work remotely, reversing course after the u. K. Government appeal to britain to head back home if they can. Temporary power. The ecb says the central bank risks legal trouble if it tries to extend crisis era flexibility to regular Bond Buying Program area and battery day with no sparks. Elon musk disappoints as tesla fails to unveil any major innovations, but it does promise a massmarket car by 2023. We are just under an hour away from the start of cash trading in europe. Look at futures and you will see green arrows. The percent missed price points to stronger than 1 gain on the Major National benchmark indexes here. You can see ftse futures up 0. 9 . Take a look at u. S. Futures. More of a mixed picture there. Dow andgreen a ....
General becomes the first african megan woman on the ticket. As it trump calls her the meanest u. S. Senator. Activity in the Second Quarter dropping to levels last seen in 2003. Manas 703 million euros, the loan loss provision, thats a beat on what the market had presumed at 837. ,e talked to a number of ceos to exit all nine european Corporate Banking operations. The bank will focus on the netherlands and northwest europe. So the provision story will be the ouster of the financials and the narrative is hunker and focus at home. Absolutely, and in the past we have spoken with the ceo or the cfo on the show and ask a lot of questions on the dividend. Perhaps that will come up today as well. Abn Corporate Investment banking to discontinue trade and Commodity ....
Squash competition. All Companies Report today. An earnings onslaught in europe with results from big banks and oil. Standardto the ceos of charter, Credit Suisse, and shell. Welcome to daybreak europe. Lets get to that earnings onslaught. Credit suisse numbers broke a few minutes ago. Credit suisse is to create a Global Investment bank. We were reporting that Credit Suisse was planning to announce a Major Overhaul of the business. We learned that its creating a Global Investment bank, combining the chief risk and Compliance Officer roles as well. In terms of the numbers, net revenue beat th ....
Shortterm virus aid fix both sides face more uncertainty. Shares of qualcomm as it does a deal with Chinas Huawei thursday, july 30. This is Worldwide Exchange here on cnbc good thursday morning im Brian Sullivan the busiest day of your earnings season the busiest day of the nasdaq even with those big tech ceos being raked over the coals again, it is early we are in the red right now. While also staying hot has been the yellow metal gold is up close adding the 2,000 mark we are down to 1,945 per ounce indicating the recovery will be at risk. Not only keeping rates low but will likely do whatever p it takes to make sure the American Economy is propped up as much as possible that could be bad for the u. S. Dollar and good for gold u. S. Futures are down. Lets get ....