Surveillance. I am Francine Lacqua here in london. Looking some at oil, the oil recovery is at risk because of a resurgence of covid19. That is having not a direct impact for the moment. We did see a bit of downward pressure. The u. S. 10year yield pretty much unchanged. Eurodollar a good one to look at, because we saw a bit of data with the european economies. You can see the euro stoxx 600 actually trading sideways, but we did tr see the chinese trying to do their bed. Bit. Thelets get straight to bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. The finance minister, Paschal Donohoe, won the ballot. Recoveryhe spanish minister. Action. Is having against fran in the long france in a longrunning feud over tech. Ballpark ofn the 500 million to 700 million in goods. The items targeted would include , andh wines, teas handbags. Poland, president andrzej duda says he will never allow compensation for jewish property lost in world war
We are starting to catch a bit bythe u. S. Back end, down 5. 7 basis points switzerland moving a little bit. The bond market starting to catch a bit. What are we going to be talking about . We have great guest lined up for you, we will be talking to citadel a little bit later on. We have an exclusive interview ofh joe mecane, head Execution Services at citadel. We are going to figure out exactly what we can take away from what citadel is seeing in terms of the flow right now. We have that conversation a little bit later on in the program. Joining us now to give us a sense of whats going on . Alix ashwin,t . Guy set us up perfectly. Big bombs, big tech, but now we have a market searching for the next catalyst. Which is it . Ashwin a reflection of what we are worrying about the most, the ironclad resilience being shown in an environment that is fraught with many significant macro risks. When a market like the current market appears to be pricing in a nearperfect picture, you have to be v
Markets moved to the downside, Morgan Stanley at the Economic Team out with a note in the last few hours, talking about some of the risks. Markets as youhe start to see this payrolls turned back negative. What that means for the Downside Risk for the market at valuations that are by some measures full at this point. Romaine lets bring jim polson back. Upay, you see the nasdaq 100 0. 8 . Snp down half a percent. Down 2 on the day. Smaller, midcap cyclical names, that has kind of disappeared. That some of these names could come back anytime soon . Jim i think that whenever we have jitters about the virus reemerging, that creating a slowdown in economic reopenings , we will get the kind of today we got today where the market itself, great leadership by what is perceived as defensive investments, which is the new communications, consumer discretionary, that has growth outside of reliance solely on the economy. But i think we are in a new economic recovery and new bull market. Ultimately, i
Million. America saw 60,000 cases in a day for the first time. Hong kong and tokyo also reporting record tallies. Singapore heads to the polls for an election overshadowed by the pandemic. Disposable wear gloves and observe distancing roles at the ballot box. Lets get to Sophie Kamaruddin in hong kong for the latest. Sophie after u. S. Stocks closed in the red, we are setting up for a lackluster start to this friday morning. Futures are mixed. Kiwi stocks added. 4 so far this morning. S p eminis nudging slightly higher with rising virus infections in focus in the u. S. As well as in asia and on the ecoagenda today, we are watching out for japanese pbi ending acree output and the philippine trade plus chinese credit growth data for june could be released from today. Singapore offline for the elections to be held. Asian stocks could pare the weekly advance but still set for the best five day stretch given the chinese stock rally we saw this week. Flipping the board, china futures have se
Vacant remedial hacks on your Corporate News shows make sure to all boyd reporting on the growing worker movements you know the jake tappers anderson coopers but i understand blitzers and. I and that one woman too but dont go too hard on these hacks. For they not know not what they do they have so much plastic pumped into their cheekbones that it causes their brains to congeal into a new good substance which mixes well with Peanut Butter all of this recipe so even though they wont report on it according to payday report dot com which tracks strikes across the country so far weve identified over 175 wildcat strikes that happened just since the beginning of march thats right Los Angeles Mcdonalds employees San Francisco costco workers tracy california amazon employees pittsburgh sanitation workers thats right pittsburgh once had sanitation workers in 50 restaurants across florida chicago arbys employees dallas postal workers carlsbad nurses san diego transit workers crack dealers in clev