Stay updated with breaking news from Firm leading. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Daily virus cases. In some cases, records. Chancellor warns of an unemployment tragedy. Markets tick higher in spite of the dire warnings across europe. Europeile section on ends in the green after the s p dipped into negative territory. The trillion dollar gap. A 2. 4mocrats draft million stimulus bill. As mnuchin says he is ready to talk trump. We will be following this closely for you. Lets take a look at what futures are showing. Pointingfutures higher. We are looking at gains of 0. 4 . U. S. Futures also pointing higher for this friday, about 0. 25 . The pain in which contract you look at. The c anday in the gmm . The asian equities session going to the upside. Futures pointed out in the asian equity session, up 0. 4 . Indonesia, australia, india, all those markets moving to the upside. Is pushing us upwards just a little bit. We are all about the physical right now. The fed talking about the need for fiscal stimulus. Very much talking about the you of things as side well. Lets go ....
Time now for global exchange, where we bring you todays market was a news from all around the world. From beijing to riyadh, to paris, london, and washington come our bloomberg voices are on the ground with this mornings top stories. We started in riyadh come over saudi arabia released its latest in riyadh, where saudi arabia released its latest budget. Emco has significant value aramco has significant value. We have done everything by the book. We are very pleased with the feedback we are getting from investors initially. We will watch how the market reacts. I am very optimistic because the Company Value is very significant, and we will let the markets cover that value. Eldin, comegamal anchor of bloomberg daybreak middle east, joins us now. Sef Share Trading starts at 10 30 in the morning wednesday, 2 30 in the morning eastern time. I know you are going to stay up for that, a ....
You have two thirds of all stocks higher. Even energy coming to life just a little bit. Nvidia, about three or 4 all day, no real news, 3 1 2 . Approaching apples weight in the s p 500 so there is plenty to like and investors are loving it. There are signs of rapid optimism in mergers and surveys. That brings us to our talk of the tape, we asked cameron dawson. Also cnc cnbc contributor. If you are looking at the behavior of the market it got over bought and it is saying that way. That is usually a sign of a pretty durable rally. With stocks at record high, the economy looking okay, you have the fed not doing anything today stop thinking about rate cuts. I think it is one of those situations where is the only bare case that there is no bear case . Right now they are not giving any reason to pause this momentum. To your point you are still seeing this chase into the market and something we are watching closely because positioning is extended but not at extremes which it means eventually ....
Minister has confirmed today that the northern leg of hs2 is being scrapped. Speaking after being scrapped. Speaking after weeks of speculation , rishi weeks of speculation, rishi sunak told the conservative Party Conference in manchester that hes ready to make tough decisions for the country. Hes decisions for the country. Hes defended the move as well, saying the money will be better spent developing projects in the north midlands. Spent developing projects in the north midlands. Hs2 will north and the midlands. Hs2 will still run from euston in central london, but current management will no longer be responsible. He said. Well reinvest every single. Penny £36 billion in single. Penny £36 billion in hundreds of new transport projects in the north and the midlands across the country. This means £36 billion of investment in the projects that will make a real difference across our nation. Across our nation. Well, in reaction t ....
Burnham, said the new Investment Plan simply doesnt create a coherent transport network. But mayor of the west midlands, andy street, while hes disappointed in the decision, said he believes it is a good compromise. Now in his speech, the Prime Minister also reaffirmed his commitment to stop small boats crossing the English Channel from france. From france. Our new law will ensure that if you come here illegally , you if you come here illegally, you will be detained and swiftly removed. Now, i am confident that once flights start going regularly to rwanda, the boats will stop coming. Just look at how our returns agreement with albania has seen the numbers coming from there. Fall by 90 and i am confident that our approach complies with our international obligations. But international obligations. But no, this i will do ....