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The u. K. Considers new curves in london. The rda prepares to meet with melbourne again in lockdown. Pam braces for more economic gloom with First Quarter growth data. We are expecting a steeper downward revision. Lets get a check of where mark were markets are setting up. Here Sophie Kamaruddin in hong kong. Here is Sophie Kamaruddin in hong kong. Sophie a cautious start to the month of august after asian stocks have a fourth monthly gain. We are seeing sp Futures Holding steady and looking like a soft start to this trading week. Gold futures testing 2000, bouillon extending its rise after the best month in four years while u. S. Real yields lingered near record lows. Money managers are shifting gears a touch, decreasing the bullish gold bets to a six week lo ....
This is bloomberg surveillance. I am Francine Lacqua at the Bloomberg European headquarters in london. We are waiting to hear from the german court of legality, coming up shortly. Meantime, this is what im looking at in markets. The markets are on tenterhooks on this ruling from the german government. I have to say, u. S. Futures are climbing. Sentiment being helped by expectations more economies will move toward easing of lockdowns. Oil on the course for its longest winning streak in nine months. What else i am looking at, earnings. We had b. N. P. Paribas rising, setting aside problem loans but warning fullyear earnings will take a pounding from the pandemic. Rallying after it reported a 35 plunge in First Quarter profit. Plenty more on that, and of course we are waiting for that ruling on the legality of qe from t ....
Only responsible course and accelerate our cooperations. A stark out look from Texas Instruments chips away the tech bill lowers profit for the year blaming the u. S. china trade war. Abb falls higher. The Swiss Industrial Group warns of deeper conditions in u. S. And china. A taste for heineken following a week performance in the americas good morning. Welcome to street signs. Getting an early check about one hour into the trading this morning. No doubt on back of the weakness we are seeing in sterling. A lot of Political Developments well get to not least how the eu will respond and what type of extension well be looking at. Thats squarely the focus in the uk you can imagine on the day when the pound is trading softer. Cac down and italian index down too. In europe, the discussion is not only about b ....
Coalition after the election back in april, the first time israel has experienced two elections within one year. So Benjamin Netanyahu there addressing his supporters. We will ta ke addressing his supporters. We will take a pause from these Election Results now and cross over to singapore for as a business report. Is singapore for as a business report. Isa singapore for as a business report. Is a business report. Strength but without the baggage that Benjamin Netanyahu brings. The price of crude rises. Output will return to normal by the end of this month. The world s Biggest Social Network unveils its plan for an independent oversight board. Good morning asia, hello world. It isa good morning asia, hello world. It is a wednesday. Glad you could jo ....
Good morning and welcome to daybreak era. Lets get to the stories that set your agenda. President biden calls on israel to let in more aid into gaza or bring the u. S. Military to boost humanitarian assistance to the territory. President biden im directing u. S. Military to establish a temporary period in the mediterranean on the coast of gaza. And to receive large shipments and temporary shelter. Kriti fed chair Jerome Powell telling congress the central bank is not far from the confidence needed to ease policy. Right here in europe, ecb president Christine Lagarde signals the bank may cut rates in june. It warns tiempo geoPolitical Risks should not be ignored. I want to quick check on the markets. Weve got the geopolitical situation coming up of off of President Bi ....