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Im yousef gamal eldin in dubai. Quite the risk on session. Lets get you the state of play. The signals were getting between the u. S. And china are encouraging. S p 500 many futures are higher. Quite a few gains in the european stocks story, as well. Tech and cyclical sectors, including autos, are leading those gains. Fund managers are overweight on 2018, according to the latest bank of america survey. Telling bonds standing out, paring middle of the gains. Treasury study in the United States. Eurodollar at 118. 16. Little upside, weaker dollar story weighing on broader g10 space. At a net long position, the least bullish in three weeks according to the latest data. Lets check in on your bloomberg first word news, will be get you some of the other stories were watching, starting off with president donald trump. He says a coronavirus treatment that involves blood plasma from recovered patients will be expanded to more sick americans ....
The bloomberg. Back to school. Boris johnson appeals to parents to send children back to class even as a resurgence in the virus in europe hits hard. Saysu trade commissioner he is profoundly sorry for attending a golf dinner in the midst of the pandemic. Of as push higher on hopes thaw in u. S. China trade relations area and markets turn their attention to this weeks virtual jackson hole and the fed fighting crisis measures. Trump and powell both on thursday. More than 100,000 people protest against the fellow russian president in rainy minsk the belarusian president in rainy minsk. We are just under an hour away from the start of cash equity trading across europe and in the u. K. Lets take a look at futures this morning. We have some decent green a percentre than half gains across the indexes. One of the reasons is optimism that the u. S. And china are going to get along a little bit better amid reports administration is telling Tec ....
That you are really good at portage is, so we are going to do a lot of canoeing. Back then, it used to be birchbark canoes. Of course, lisa was totally wired up in the adirondacks. Did you have anything at all . Lisa no communication, no internet. I am glad to be back, though. A pretty active late august, all things considered. Tom it is, lisa, without question, the most odd august since 1998. Mr. Ferro is still off. It has now gone from vacation to sabbatical for jon ferro. Lisa and i will get you through the week. Dow futures up to 70. We will get you to the data in a moment. Yields really havent moved, and that is a key item. Also, Lisa Abramowicz with some of the ideas of the morning. What do you have . Lisa not only do we have the political backdrop in the u. S. And also in europe, with the u. K. And the European Union continuing contentious negotiations this week. Last ....
With iraq on his 1st visit since the u. S. Killed a top iranian general earlier this year. And a warning from activists in chile the pandemic and the lock downs are putting women at risk. So the e use marathon talks in brussels are still going on this hour the 27. 00 Member States meeting for a 3rd day as they discuss the 857000000000. 00 package to help e. U. Countries cope with the pandemic but theres still division over how much money can be given out by governments as a grant or as a loan of the start of the day the german chancellor Angela Merkel said she wasnt even sure if a solution would be found in her to indian today we are entering the 3rd day of negotiations and it is certainly the decisive one the various issues the size of the fund the way it is managed and also the issues of the rule of law have now been well dealt with whether theyll be a solution i still cant s ....
A new Constitutional Court in mali to try to end the political crisis that irans foreign minister calls the stronger ties with iraq on his 1st visit since the u. S. Killed a top iranian general earlier this year and reviving hollywood how covert 19 will mean higher costs along the production times for the movie making business. And in sport Lewis Hamilton wednesday hung gary in the formula one prays for the 8 time in his career his latest victories mean the british driver top of the World Championship standings. Well its a little after 8 pm in brussels the end of the 3rd day of European Union talks which still seem to have found no consensus leaders have been trying to agree on how to fund europes recovery from the coronavirus demick and finding the money ....