And on putins term who sports news crews to honor him elder becomes the 1st man to school 50 golds in the English Premier League spanish and italian city. Thank you very much for joining us we begin in the United Kingdom where i delayed Intelligence Report on russia has just been released it says moscow is attempting to interfere in u. K. Politics and there is evidence the kremlin has tried to meddle in elections it says as credible information that russia tempted to influence the 2014 Scottish Independence referendum the Committee Says its hard to prove interference in the bracks sits right. Friend him in 2016 but the u. K. Was slow to recognize the threat and it also warns that russias cyber capability is a matter of grave concern that poses an immediate threat to Britains National security live in london for a source sony a report that weve been waiting for for almost 18 months now tell us more about what it indicates about the level of russian interference in the u. K. Well its fin
How well it weathered the shock of the coronavirus. A blowout performance in fixed income trading beating all but one of the large wall street banks. The cfo does not see an economic recovery anytime soon, though. There is a pickup in activity. It is stronger in some. Said, you should look at the whole world. Level,it is back to the we dont think that will happen until 2022. Nejra lets get more detail on those numbers from bnp paribas. That trading we are talking about, it surged 154 , trailing only Morgan Stanley out of wall street banks. It was a blowout performance of b. N. P. Paribas in fixed income trading. It allows the lender to move past embarrassing losses from equity derivatives at the start of the year. Basically what bnp paribas has said about that jump in fixed trading, it said volumes were driven by governments and corporations selling that to deal with the Coronavirus Crisis as well as Foreign Exchange and commodities, hedging by clients. Those results more than offset w
Deaths near 700,000. Virgin australia rescuers are set to outline the Airlines Financial plan. We are seeing u. S. Futures opening flat. U. S. Stocks finished higher in the new york session. They fluctuate between gains and losses. Thestors are assessing prospect of another stimulus measure. Says they try to come up with a timeline on the deal. We expect to hear from President Trump at a press conference anytime now. The s p 500 was way down by financials but Energy Companies led the advance. Oil is losing at the moment. Heading toward 41 per barrel. This after we saw the biggest gain in two weeks. Lets look at the asian markets. Asian stocks are looking at a modest drop potentially ahead of the session. Toyota and honda are reporting today. The yen is holding below 106. China officials are reportedly set to meet around august 15. Barda futures heading higher. When it comes to commodity currency, we saw a lift up there given the rise in oil and metals. Cracked 2000 for the first time e
Good morning and welcome to bloomberg surveillance, im Francine Lacqua. The focus firmly on earnings. Impetuso give a bit of to industry groups. European stocks rising. We had pretty good earnings for american tech giants. Speaking of Economic Data and some of the bad data we had out thee, we are also getting italian gdp figure. 15 and itmate was fell less than perspective. Somee also getting breaking news out of the bank of japan. Lets get straight to the bloomberg first word news. The spanish and french economies have suffered their sharpest contractions. Output dropping 13. 8 in the quarter. The eurothe whole of area comes out at 10 00 a. M. And is expected to show a 12 slump. Talks in washington over a new pandemic relief package making little progress. Senate republicans are planning to vote. It must be part of a comprehensive plan. It gives republicans a chance to say they tried. The u. K. Has reimposed lockdown restrictions across parts of the north of england. Some britons have
Leaders struck an Historic Deal on an 859000000000. 00 Recovery Fund. After federal agents are sent to break up protests in Portland Oregon im as of chicago and new york pushback against President Trumps plans to do the same in their cities. And mollys opposition calls for a 10 day pause in protests against the president head of the ija festival. And or the u. K. Government has been accused of actively avoiding looking into evidence of russian interference during the 2016 e. U. Referendum a report from parliaments intelligence and Security Committee says the government failed to take action even after information emerged of moscow trying to influence the 2014 Scottish Independence vote. The offer say its hard to prove that the kremlin sought to meddle in the brics referendum because the government failed to investigate it inquiry also says the u. K. Appears to be a top western intelligence target for russia behind only the us and United Nations on a guy who has the details. In the shad