Surveillance. I am Francine Lacqua here in london. This is what the markets are doing, focused on the lack of stimulus coming from the u. S. They are also focused on the earnings. I see a bit of zigzagging. The other thing i am watching for is the pound. A lot going on, you know, in the next 12 hours, when Boris Johnson needs to decide whether to abandon talks with it eu, giving the clear signal of what he wants in order to remain at the table. We have a pack show today. Talk top at 9 30, we the irish finance minister that wedonohoe, and speak with ignazio visco, the Banca Ditalia governor. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. The boeing 787 has been deemed safe to fly. The news comes besides a software upgrade, not being done it for up to two years. The max was founded in 2019 grounded in 2019 after two fatal crashes. President trump and joe biden held separate town halls last night, 1000 miles ap
Velocity to the dollar and cash, it only have i never seen it, would say biblical times but i was not around for that. Francine i will have plenty more on that. Lets get to bloomberg first word news. Viviana we begin in china for the First Time Since january the nation reporting new cases of the coronavirus in the single digits. A month ago china reported almost 15,000 cases in one day. It is a sign of viral outbreak may be coming under control. Still the disease is spreading in the u. S. And europe. Italy has more than 15,000 cases and over 1000 deaths. The u. S. Is now up to 1500 infected. A state of emergency declared in new york city last night. To capitol hill and how House Speaker nancy pelosi saying she is near an agreement with the Trump Administration on a coronavirus bill. For paid sicking leave and more aid for those who will lose their jobs. Policy hopes to have a deal today. Investors looking to the Federal Reserve. The fed unleashing a trillion dollars but failed to help
Boris johnson begins efforts today to convince parliament to back his brexit deal. Lawmakers prepare for a vote tomorrow. Another aramco delay. Freeze again, just days before the planned launch. It continues to hunt for a 2 trillion valuation. And chaos. Renault slashes its forecast, putting blame on the deteriorating global economy. And a fellow french corporate lowers its outlook after weeks of poor results. Matt less than half hour away from the european open. Take a look first off on the pound. We are following cable very closely. It has been amazingly volatile, up to almost 130 yesterday all the way down to 126. 5 the day before that. Right now, we are trading at 128. 68. We will continue to watch for lines to cross from various labor, mp from various labour mps to see which direction the pound would go. Lets take a look at the futures. The equity indexes across europe. We are seeing Index Futures pointing lower. Decks futures are down 0. 4 , cac futures down 0. 3 . 0. 5 . Tures d
Mps vote to legalise same sex marriage and extend access to abortion in Northern Ireland, unless devolution is restored by mid october. And at wimbledon, andy murray and Serena Williams win in straight sets to reach the third round of the mixed doubles. Good evening. The tory leadership candidate, jeremy hunt, has hit back at President Trump over his attack on the British Ambassador to the United States after he called Sir Kim Darroch wacky, a pompous fool and a very stupid guy. The president has been angered by leaked private emails in which Sir Kim Darroch described the Trump White House as dysfunctional and inept. He also described theresa mays approach to brexit as foolish and a disaster. But in a tweet the foreign secretary, mr hunt, said the president was disrespectful and wrong. And said if he becomes the next Prime Minister, the ambassador will stay. Heres our north america correspondent, nick bryant. A lavish banquet in washington last night where the president glad handed dip
After last years fiasco. Anna a very warm welcome. I am anna edwards. Manus i am manus cranny. Today is a little bit risque. Hasnt the tboned market that its key boots on. We are going to jackson hole. The market is getting worried about the debt ceiling. States coulde net be under pressure. What does the market do . They want their money and they wanted now. They want a premium. They want it now. They want a premium. They want their money for october and that king in the you curve is because in the yield curve is becoming more pronounced. They want a timely readdressing of the debt ceiling. Manner. A timely anna they are concerned if they do prioritize the repayments, what does that do to the other parts of this spending obligations . It would be in uncharted territory. Well discuss that later. In terms of the reaction, it was interesting when we were covering trump and everything he has to say about the wall and nafta, he didnt seem to move markets all that much. It didnt seem to mak