India may miss growth targets as the virus cripples the outlook. Intel plunged after its new chip reduction process was delayed again. The company is under pressure as customers increasingly turn to rivals for chips. We are just getting pmi data out of australia crossing the bloomberg. The pmi actually rising to a record high in july. This is a preliminary number for services coming in at 58. 5. Manufacturing pmi also higher, 53. 4 from 51. 2. Composite at 57. 9. A big jump from the 52. 7 in the previous reading. That returnecting to some semblance of normality as part of australia exit the stricter lockdown. Going forward will be key given we are seeing a fresh sixweek lockdown from victoria. Lets take a look at how we are setting up this friday session. U. S. Stocks falling to the lowest in about a week after unexpectedly high jobless claims rekindling worries of the economic recovery stalling. We are seeing more recovery when it comes to trading in futures contracts come up about. 2
We saw a stronger fix, some signs of trying to anchor the moves we have seen. Watching the likes of indonesia coming online. We are looking at another day of gains for jakarta. Hang seng, slightly under pressure as we wait for the npc to vote on that National Security legislation this afternoon. Former,ei is the upper seeing a fourth day of gains for Japanese Equities on the reopening. Currencies, hong kong dollar is the focus. You look at pokechecked seeing 775 but speculators are out there. The korean won seeing weakness. And then going lower after the bok cut rates for the record low. Lashed their growth outlook. You look at the weakness in the renminbi, that is not really translated. It is pretty much unchanged for some time. We are watching the euro as well after we saw some fiscal stimulus plan, it should be a big deal for the currency, the euro hitting the strongest level in two months. Watching oil which did extent losses, saw a surprise jump in the u. S. Crude stockpiles with
For tile, wood, and stone, colo to the nationwide price leader floor and decor. The prices are the lowest you will find. Not only did we find lots of options, but we were liso, oh my gosh, itffordable. Its affordable no matter what your budget. I saved a lot of money at floor and decor. We came in under budget, way under budget. Yeah. Its really the best pricing. Ibure getting an incredle product for an amazing price. Why wouldnt you want to save money and make your house look great . To save money . I love to save money. Who doesnt li floor and decor. You have to see it to believe it. Right now at 6, take a look at storm 4 radar. The system headed out west is headed our way. Moments ago, Prince Georges Police telling news4 a 14yearold honor student was killed in a hitandrun yesterday. And terrifying moments for an arizona family. Theyay police pulled a gun on them and threatened to shoot. Sbelieve it or not, thi confrontation was over a doll. News4 at 6ar st now. Good evening. Im erik