Impact on Small Businesses is still unknown. Boris johnson announces a dramatic lifting of lockdown measures imposed in england as the u. K. s chief medical officer warns the virus will persist into 2021. Its just gone 6 00 a. M. In london, 7 00 a. M. In paris. This he question is why is Anthony Fauci talking about a disturbing surge . Are we preoccupied by the two magical words from Steve Mnuchin . We will exit the session at the end of the year, with 10 unemployment potentially. We are hanging our hats on the holy grail of hope, but the reality of real human hotspots in this covid crisis. Nejra yeah, absolutely. When you talk about the real human impact as well, yes, we look at the fact cases are surging in the transmission rate is actually above 1 according to some estimates. The real human impact is on jobs as well. There are really questions over when that support comes away in autumn, what that means for the jobs picture, not just for the u. S. But elsewhere as well. Manus no, yo
Testing. The dax is the worst performer in europe after germany suffers an outbreak at a slaughter house and forced to put two districts back on lockdown Strong Demand for tablets and notebooks. This drives the demand for notebooks, chrome books, head phones for more professional use from home and even printers. That trend we see to continue. Wire card shares gain after former ceo is released on bail and germanys financial regulator widen the probe on the firm good morning thanks for joining us. I want to take you first up to the data just revealing that german business morale has risen in the month of june. The Climate Index in june is at 86 86. 2 versus 85 so outperforming expectations. We were at 74. 2 in april 75. 9 in may. We were still below the 80 today, we have soared above it to this 82. 2 level the efo Current Conditions index 81. 3 in june forecasts were firmer at 84. That handle is underperforming in terms of the expectations, 94. 4 versus 87 in june as the business Climate
Bottom of the stoxx 600 after the German Airline posts a loss and warns it will run out of cash in weeks if it does not get Government Support nestle sales drop as the lockdown bites but they say it is too early to know the impact. The spread between the italian and german tenure lead ahead of the rescue fund unresolved despite more support translator substantial investments to the European Union will be necessary. I have made it clear we will not be continuing before the pandemic this will also be a mart of the pandemic in the future retail sales with a record surge in march not enough to help with the free fall in foot fall and other goods. A very warm welcome to street signs. Fresh tape out of germany. Painting a grim picture now crossing the tape, weve got the ifo Business Survey showing the Business Climate index in april has come in at 74. 3. Thats well below expectations of an 80 print the current index has come in at 70. 5 in april just below the fra forecasted 81 there. The ge
Session, not necessarily getting worse. We want to go to global exchange. We are going to bring you todays market moving news from all around the world, from hong kong to riyadh and london, to new delhi, washington and new york. We want to begin with the markets, the overarching story of that russian to safety. Lowestfalling to the since 2016. Joining me is bloombergs dani burger. Walk us through some of the big ones. Dani today is really a day of superlatives. 2016,the lowest since gold jumping to a 2013 hi. 2013 high. As evercore strategists put this, we are in a new phase of the coronavirus outbreak. That is going to give us this kneejerk, gut punch reaction in market. Credit default swaps in europe jumping the most in two years. When you look at both of those see thestoxx 600, you ftse made down, and europe has become the epicenter of the outbreak. That means markets are already very sensitive. These are high beta markets as they stand because of the economic weakness. A lot of wha
Stunner. A landslide electoral victory for the Pro Democracy Movement has asian markets soaring as a smashing success elon musk taking a victory lap as preorders for teslas cyber truck come rolling in. Worldwide exchange begins right now. Good morning and welcome to the show im dominic chu in for Brian Sullivan its monday, november 25th, 2019 your deal of the day lvmh buying tiffany for 135 per share in cash after weeks of speculation, much more on that deal coming up but as you can see here, both stocks reacting well stock futures incaindicating the dow will open up by 80 some points this after handing in its first worst Weekly Performance since around early october, but again the dow jones had opened up by 88 points. The s p by about 10 and the nasdaq by 32 if these gains hold into the opening bell for regular cash equities trading. With regard to the bond market, look at that as well we are seeing a bit of movement there to the upside for yields the ten year note yield 1. 75 note yi