Still, 2000, he little bit of a base there. Coming on the program, we will speak with the Deutsche Bank chief International Strategist. Ceo, it Bookings Holdings on the state of travel. President trump considering a move he decided against last september, cutting the gains tax after saying it would not do enough to help the middleclass. Will hear about that in the upcoming few weeks and i think it will be exciting. Gains tax will be, a lot of people put to work, and a cut in the Capital Gains tax. Talks are stalling out between republicans and democrats. I want to bring in our Bloomberg Contributor for more. Little bit of deja vu. We heard this is in september 2017, he started to warm up to the idea and then reversed course, saying it would not help lower and middle classes. Into thousand 18, they briefly considered something along the lines. A bit of deja vu. I am not terribly surprised. As much as President Trump has moved away from the idea, he has indicated he could change his mind
Iran and north korea, and how the un is responding to the coronavirus pandemic. This is from the Aspen Institute annual security for him. We are privileged to have with us the current Us Ambassador to the United Nations, kelly craft. This is the first time the aspen security form has been able to host the Us Ambassador to the un so we are particularly grateful to you for making the time. Kevin kelly craft hails from the great state of kentucky and served as our permanent representative to the United Nations since september of 2019. Before then she was Us Ambassador to canada for two years and during that time, very complex time, she worked on the revisiting of the nafta treaty now known as the usmexico canada agreement. The interview ambassador craft we have a columnist at Bloomberg Opinion covering National Security in foreign policy. Ambassador craft, we look forward to hearing your views on the Trump Administrations engagement with the United Nations and other international institut
Amid consulate closures and arrests over spying allegations. Ray dalio warns the capital war could hit the dollar and gold source to a record high. Ryanair says its biggest fear is a second wave of the coronavirus as the Airline Reports a loss for Quarterly Earnings as the u. K. In forces a 14 day quarantine on travelers from spain. Plus, sap plans to spin off its Consumer Survey unit two years after buying the firm. It also beat Free Cash Flow forecast for the year. We are under an hour away from the start of the cash equity trading in europe and the picture, firmly risk on which might seem a little counterintuitive given we are seeing gold at record highs but this is the state of play. Euro stocks futures called 1 5 of a percent higher. Travel stocks could be active given the decision to impose a quarantine on travelers returning from spain amid increasing concerns of a second wave in the country. Ftse futures called higher by a similar margin and s p 500 mini futures in the u. S. ,
It will have to wait. The word from u. S. Congress as the next tranche of stimulus may not come until august. President trump holds his first briefing and says wearing a mask is patriotic. And mixed picture for stocks but the euro holds onto gains after hitting an 18 month high as european earnings continue. Beatics company abb estimates and we will speak to the ceo shortly. And elon musks next payout. The tesla ceo qualifies for 2. 1 billion more as the market value reaches another new milestone. The big test comes today as they report earnings. Under one hour away from the start of cash trading in europe. Lets take a look first off at futures. They are down. Looking at jobs of about. 25 to. 33 . The euro is one of the most interesting stories today. What do you see on the gmm . Got a little bit of weakness coming through in the Asian Session, down. 2 . Some breaking news. I mention it because it is good news. Operating, a business in u. K. Retail, i had to read this twice to make sur
That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Operations in new zealand. The hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. Switching off the board to the terminal chart. We are watching to see if the the best sinceng september 2019. We are keeping an eye to see of chinas market value can top 10 million after pushing beyond nine for the First Time