Here are your top headlines from the bloomberg terminal. Confirmed coronavirus deaths top one million globally but some estimates are double that. Angela merkel warns about a christmas virus bike as the netherlands imposes a threeweek curfew on bars and restaurants. Stimulus still drives stocks. House democrats released a scaledback 2. 2 trillion proposal. President trump goes headtohead with joe biden tonight in the first u. S. President ial debate. Out free now, considering the purchase of daimler and bmws joint shares 3 . 3 into the close. Lets take a look at futures. We see green arrows, but only up. 1 or. 2 . U. S. Futures are doing better at this early hour, up one third of 1 . Regardless of where you look, the dow jones, s p, or nasdaq, contracts are rising. What do you see on the gmm . Anna a fascinating day yesterday in markets, with gains of more than 3 on some European Markets. As you have been through, futures looking more subdued, and that is the case in the asian session.
Nejra welcome to daybreak europe. A fourth day of green on the screen for asian equities. Donald trump has talked about being in the final throes of coming to a phase one deal. A mixed picture below the surface. We are seeing a weakness in chinese equities, after the biggest drop on industrial profits on record. The u. S. Benchmark hit record. The fx, the aussie is the underperformer in g10. A two rate cut call for the rba. Some poll showed yesterday that the conservatives are narrowing their lead over labour. Oil slightly off on the back inventories. On donald trump says the u. S. Is in the final throes of a trade agreement with china signaling progress on a deal that has been years. Works for two but in a interview with the fox news host, trump said he is holding up the trade deal to ensure better terms for the u. S. Joining us is Patrick Armstrong. We keep hearing records on all u. S. Benchmarks, does it surprise you . Patrick it is a narrative that that is why we are hitting new fe
Plenty more on the website, and you can get in touch with me on twitter. Now on bbc news, live to singapore for Asia Business report. Global slowdown. The International Monetary fund points to trade was in brexit uncertainty as it cuts its growth forecast yet again. Indias gaming boom. Way many of the countrys 500 million gamers are thinking about going professional. Good morning, asia. Hello, world. It isa good morning, asia. Hello, world. It is a wednesday. Glad you could join us is a wednesday. Glad you could join us for another action packed mid week edition of Asia Business report. Im rico hizon. Lets kick off the programme with the world economy, because the International Monetary funds latest prediction for Global Growth offers a downbeat assessment of the impact of the us china trade war, and the brexit uncertainty. The imf has cut its forecast for economic expansion to just 3 , the lowest since the financial crisis. The bbcs Samira Hussain has more from new york. The imfs huss
On the heroics of ben stokes after that historic innings at headingley yesterday. And coming up at half nine, weather world rounds up the planets recent and most significant meteorological events. A new plan to tackle huge wildfires in the amazon rainforest is expected to be agreed at the g7 summit of World Leaders today. Brazilian warplanes have already been dumping water on the burning woodland. This morning, borisjohnson has pledged £10 million in funding to help replace lost trees. Heres our diplomatic correspondent, james landale. The fires raging across the amazon in recent weeks have been devastating notjust for those who live there, but also potentially for the global environment. For president macron of france, they are a crisis the g7 was designed to fix a Common Threat that requires collective action by the worlds major economies. So today, he and other leaders will discuss and potentially agree a new plan to help countries first with the fires, and then subsequent reforest
The eu stop job top job and gives her take on european relations. We should never forget that we are allies and friends. We sit on the same side of the table. Manus warm welcome to daybreak europe. The company that makes the machine that makes the chips, asm beat on their sales number in the Second Quarter. Its their guidance for the Third Quarter where the market will take some umbrage. Of 2. 6liver net sales billion. Thats the top line for them. The estimate was 2. 57. Slippage in the Third Quarter. It will come at 3 billion below the 3. 24 that was estimated. Margins will dissipate to 43 from an estimate of 46 . Unchangedales will be going into the rest of 2019. It is all about the extreme ultraviolet light machines orders. We are waiting to see what those numbers are. Capexms of the industries that come through. You have a little bit of banking. Good morning. Nejra good morning. Numbers coming through from swedbank. The new dividend policy is ofnging from 75 to 50 annual profits. I