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 arrows for s p futures. Nasdaq futures are little changed. Slightly to the downside. What do you see on the dmm . Attr
To recovery thats according to the president of germanys institute the think tanks latest survey shows german business morale improved more than expected in august the survey offers a Silver Lining to europe strongest economy which suffered a record to 9. 7 percent contraction in the 2nd quarter as private consumption investments and exports all collapsed at the height of the cold 1900 meek. And for more im joined now by the president of the e 4 Institute Like its institute for Economic Research at the university of new nickname its forced good to have you with us so i hear that you expect the economy to grow by almost 7 percent in the 3rd quarter what will spur such crevasse. Well to some extent this is a mechanic because in the 2nd quarter we had a strong contraction due to the lockdown now this lockdown is it has gone away and not entirely but almost entirely so just mechanical a part of the economy is open again and that drives this grow up at the same time there are some positive
Really that allows us to nail down who this individual coconspirator number 3 was. An attorney for one of the coconspirators also apparently confirmed their identity to cnn . Thats right, jake. Former nypd commissioner bernie kerik, his attorney confirming to us that he is coconspirator number 5 in this indictment. And there are similarly details that also help us identify kerik as the individual listed as number 5. We know that bernie kerik was deeply involved with Rudy Giulianis legal team trying to help find evidence of widespread voter fraud. And we know that bernie kerik was specifically at a white house meeting in November 2020 where trump was president and they were talking to a bunch of State Legislators from pennsylvania trying to pressure them to hold a special session in their bid to overturn the election. His presence at that meeting in addition to the confirmation from his lawyer made clear. We also know that another individual, coconspirator number 6, is also at that meet
Slap the strongest fix ever, 1000 bits hired to stabilize the currency. Yet the currency is not looking at a gains even as we speak. It is also about the bond market rout happening globally, and we have seen in year yield surging 50 basis points in august alone, and when you surge the stocks go down. Msci asia index erasing some of the gains, up to its sixth straight day of losses. Benchmark and new zealand down. The benchmark and singapore also lower, and we have csi 300 index barely in positive territory. We have talks about how some companies are buying back their shares, not lifting sentiment as well. In the fx space, some green, aussie dollar up about what of 1 . You want yuan pretty flat. You have got to question, it is a weaker dollar story today, so how effective has of the yuan fix been . Take a look at where we are in terms of gold. Gold is up, oil surging beyond 80 per barrel. It begs the question what will that do for inflation and the fight against inflation . And terms of
A threat to jurors and judges. Names, addresses, even photos of Georgia Grand jurors are circulating on rightwing media after they voted to indict donald trump. This as he escalates his own rhetoric against the judges. Plus a Staggering Number of people still missing. More than 1,000 unaccounted for after the maui wildfires. Crews now combing through the ruins trying to find the remains of loved ones. At the same time new questions about what caused this disaster and what was done to warn the people in its path. Was it enough . And another fire system to tell you about, forcing people out of their homes. The evacuation of an entire city in canada. 230 fires threatening 20,000 people as the smoke now encroaches into the united states. Were following these major developing stories and many more, all coming in right here to cnn news central. A judge facing death threats. Grand jury members doxed. A disturbing rise in political threats with donald trump now facing four criminal indictments