Markets slump as warnings from the fed on the need for more stimulus ignites fresh jitters. Powell and mnuchin take the stage again today. Partial measures. France cracks down on gatherings and bars but will not impose a full lockdown to stem a surge in virus cases. Do it like the germans. Richie soon act will set out a new crisis plan to protect jobs today. One proposal is for a wage top up scheme for workers who return parttime. Otherwise known here as we are under no an hour away from the start of cash trading in europe. Big drops anticipated for european stocks. You can see ftse futures down 9 10 of 1 . Dax futures down 1 . Down even futures more. U. S. Futures dont look as bad. Remember, u. S. Stocks took a big hit yesterday. Europe escaped losses. Europe has catch up play on the way down. Set, at least in the s p and dow, to stabilize. Anna absolutely. Thats a crucial transatlantic difference in time. We ended in very different places yesterday. Lets have a look at the gmm. You c
The who reports the most infections for a single day. Global stocks trade lower as u. S. Futures swing from gains to losses. Bloomberg learns the german lender could cut up to 7000 jobs and shutter 400 branches after its current costcutting measures were called in abject failer failure. And starbucks, pepsico, and biaggi out are the latest pump needs to curtail ad spending on facebook. Pressure on the company to crack down on hate speech shows no signs of slowing down. Just under one hour away from the start of cash equity trading in europe and the u. K. Futures red across the board. In europe we are looking at 1 plus losses. Germany. Much here in euro stock futures down about. 75 . U. S. Futures swinging from gains to losses. Now we are looking at about a. 25 drop for the s p. Nasdaq futures down about. 5 . What are you seeing on the gmm . Anna in conjunction with european futures, they. 4 a point forening they a weaker open. Chinese equities looking relatively resilient. Japanese nik
Were these demonstrations over the Christmas Period targeted in small pockets or widespread . Dan mostly small pockets. Targeted at shopping malls in particular, looking to hit the retail sector, which has really been battered by six months of protests. We saw clashes at shopping malls. 20 people were injured. There is another rally tonight, in a suburban area of hong kong, and a couple over the weekend, all pointing to the big rally downtown on new years day. Matt what are the plans for that big rally, further protest . How organized is this movement . Dan the Group Organizing the een convening some of the largest rallies we have seen. There are various elements of the protesters. Siderganized side, the that tries to abide by laws, and then the frontline protesters, the ones lighting fires and battling the police, and a sort of work in parallel. On january 1, thats organized by a group that tries to get police permission. That is pending right now. We are likely to hear about 48 hours
Way out, and no safety no matter who you are. Thats tonight on this side. Good evening. Im abby phillip in new york. And tonight, the president says that he is outraged and heartbroken after seven aid workers were killed while simply doing their jobs in gaza. Hes demanding a full explanation from israel and hes also accusing the netanyahu government of not doing enough to protect civilians quote, this is not a standalone incident. The president is saying tonight, and hes right about that here is a number that too few people know. When hundred and 96 that is the number of aid workers that have been killed since israel and hamas went to war in gaza on october 7, that toll is a stain on humanity and on monday the shock that an attack left seven people, heroes literally blown apart it was not even the first time that workers with jose andress organization were attacked by israeli firepower. Tonight amid resounding outrage israel admits it made a mistake it was a mistake that followed a Myt
and later tonight, president trump delivers his state of the bloomberg learns the u.s. democratic party will not be union address amid the final releasing the results of the iowa caucus for hours to come. stage of the impeachment inquiry. we should probably throw in the things to watch as a result of a death from the coronavirus is reported in hong kong, as the the iowa caucus, as those results have now been delayed. u.s. says it is prepared for a joining us still from geneva is possible pandemic. but the stocks in general regain vasileios gkionakis, global head ground as the pboc supports the of fx strategy at banque lombard. market. youtube disappoints in its first ever revenue disclosure, as we were talking how the trade alphabet results miss street deal could be impacted by what we have seen with the coronavirus. let me ask you about the yuan. estimates. the shares dipped in the brodieo slightly after-hours trade. we are getting results as well interrupt you earlier on