Stay updated with breaking news from Marvin barth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The winners. I asked all people to this day to stay calm. The process is working. Annmarie down to the wire, President Trumps lead in pennsylvania and georgia narrows. The president says the election is being stolen despite no evidence. Jay powell says it is a good time for the institutions of democracy to do their job. Cases top 100,000. A very good morning teal. It is 6 00 a. M. In the city of london. We just had her a weinberg join us in the last hour from new york city. I want to take a look at the election map. Where we stand right now. Joe biden, 264. Remember, the key number is 270. The thing to focus on is heavily near. It was a state that went for President Donald Trump in 2016 along with michigan wisconsin and michigan. Ining back this blue wall pennsylvania will be key to watch today and its 20 electoral votes. Right now, the president maintains a lead but ....
Once again i say good morning to we have been full by randomness. The story of the french banks this morning is absolutely extraordinary. Francine the french banks, but actually hsbc also disappointed. That is why we are seeing a to thebit of weight banking stocks in europe. I know you want to start with your data tom. Volatility for august. Tom lets do the data check as we go into august. I like what kit juckes of socgen says. August has some risk to it, and we start out with a turn. The markets lower, but the nasdaq 100 trading abruptly higher in america. We will have to see how the tech stocks open. In the yield space, it is a jumble right now. Maybe Early Morning u. S. We are not there. As we see the churn in europe and such. The real news is the u. S. 10year inflationadjusted piece. 1. 01. It breached one on friday, or maybe it was thursday. That is a huge indicator of disinflation. Merrick and oil under 40 a barrel gets my at ....
At 1. 77. The retailers had a down week, retailers investing them today, up 9 . It has been down 17 over the last five months. A lot of shortsellers along with the likes of campbells. After a better quarter, likely to have been a short squeeze. Guy here in europe, most sectors are higher. Stocks are higher. Volume is ok. Stoxx 600 is up 0. 5 . The pound is at session lows. Cable trading down. The euro is at session lows. The dollar 1. 1033. Vonnie lets get to the trade issue and President Trump saying there is a good chance of making a deal with china but that unrest in hong kong is a complicating factor. Congress has sent the president that bill tackling the hong kong question, backing the hong kong protesters. It is not clear if the president will sign it. Here is what he said this morning on fox news. If it werent for me, hong kong would have been obliterated in 14 minutes. He has one million soldiers standing outside of hong ....
On tv and radio. The only reason we are on tour is bramos birthday. Happy birthday. Lisa thank you. Jonathan what else do we do on the birthday tour . Lisa im going to camden this afternoon. Tom hot, brown water with the king . Lisa you are appreciating yourself. It is a proper hot water. Tom 80 with crumpets. Jonathan lets restart. Fantastic guests, lets start with equity future on the s p 500 positive by. 1 . Not talked about enough this morning, we are very close to highs on the tenure this morning. 434 in america. Tom it is underplayed in america. 10 year real yield as the benchmark, against two percent, anything past 2. 03 is something new. This is underplayed right now. That is going to change abruptly. There is a meeting on wednesday. Jonathan there is neither another meeting on thursday. Your favorite line come that phrase from the disney movie, a whole new world. Tom it is a whole new world. Jonathan when wage gains do not get it done. Tom for the american audience, it is stun ....