Well. Down as we have seen some more dollar weakness. We are kind of teetering. The market is kind of nervous about whether we are seen stretched positions in the dollar. And we are now, as you can see, still negative when it comes to the jones, but the data generally generally positive today out of germany. Lets talk more about what is happening in the industrial heartland of europe. Lets get more insight on what is happening with that german data. On efo president earlier about things improving. Lets listen. The recovery is on track. With the gdp progress slightly better than what we had a couple weeks ago and the revision and the Climate Index continues to increase, to recover, this time it is not just the expectation. It is really the situation that is improving. Guy a little bit earlier on, i mentioned the mixed news we are getting out of the li sector. We have now out of the airline sector. Airlines in america cutting jobs if federal aid lapses. October 1, we could potentially se
75 years on from devastation the people of hiroshima mark the use of the First Nuclear bomb with silent prayers. And coming up this hour. Beavers are given the right to remain in england 15 family groups are given permisssion to stay, 400 years after the animals were hunted to extinction in the country. Hello, and welcome if you re watching in the uk or around the world 7 and stay with us for the latest news and analysis from here and across the globe. Aid from around the world has started to arrive in lebanon after the devastating chemical explosion in the port area of beirut on tuesday. The death toll now stands at 137 people, but is expected to rise. More than 5000 people were injured in the explosion. The country is begining three days of National Mourning as a two week state of emergency is declared in the region. And as leaders from around the world pledge their support for the relief effort, the french president Emmanuel Macron is due to meet his lebanese counterpart this mornin
Of 1 ow by only 1 10 versus the u. S. Dollar, but nevertheless it seems to be a logical move for the markets. In terms of what we have got coming up, we will be talking about whats happening in the race to find a vaccine. We will be joining by the ceo of novavax. With the United States getting done earlier on. This stock has been on an absolute tear this year, today really adding on to that as well. We will get that take on the progress thats being made and what the money is going to be used for and in terms of where he is relative to his peer group in the race for the vaccine, the many vaccines that we will ultimately end up needing if we are not going to do more damage to the global economy. The European Commission is out with its assessment of the european economy earlier on, warning that the coronavirus Economic Contraction will be bigger than anticipated earlier and the recovery will take longer than previously estimated, forecasting a 3. 7 drop in growth this year. Joining us fro
Boris Johnsons Brexit bill faces its first vote in the new parliament. I guess with an 80 seat majority , we expect smooth sailing in u. K. Politics on whether Boris Johnson can get this bill through . The vote today is a formality. It is a novelty in one sense for brexit. A debate on brexit and a result that is almost certain. If you contrast that with some of the very touch and go boats we had before the election, election, youhe can see how Boris Johnsons majority has changed everything. Anna what does this mean for the timeline for brexit and where we go from january and beyond . Britain will leave the eu on january 31. Oft will set up 11 months the adjustment period. During that time, britain and the eu will have time to negotiate a trade deal. Anna we will keep our eye on th at in 2020. What is the significance of president xis visit to macau . Anniversaryhe 20th of macaus return to chinese rule, but also to inaugurate the new chief executive under what has been a pretty stable s
Nejra welcome to daybreak europe. Lets get a look of the markets. Another day, another record for the s p 500 with communication and tech stocks leading the gains. The s p 500 riding rising above 3200 ever. 3200 for the first times ever. The 10 year yields steady. Still above that 190 handle. Could we push towards 2 on the optimism over u. S. China trade. Atexpect a deal to be inked the start of next year. Lets switch over the board. Yesterday, we touched 31 basis points, the steepest since october 2018 on the 210. That reflects the view in the market that we see a little bit more today. Recession fears receding for 2020. We speak to socgen this hour. They have gloomy forecasts out there. No deal risk has been coming to the top of investor minds again. Oil also heading for a weekly gain on optimism around u. S. China trade even if we are flat today. , andrew of england bailey has been chosen to succeed carney as governor. The chancellor could reveal the appointment later today. Governo