And the markets say by gold. Global google searches for the phrase hit levels not seen in nine years as the yellow metal barrels passed 2000 an ounce. The cash trade is less than an hour away. Here are your headlines. The white house and democrats aim for a virus relief deal by the end of the week and bill gates tells bloomberg exclusively the u. S. Should help poorer nations get vaccines. Rocked by a massive explosion at its main port, killing dozens and injuring thousands. Authorities are yet to confirm what caused the blast. In fromcontinue to roll europes largest countries. Commerzbank anticipates a loss for the year. We will speak with a host of top executives in the coming hours, including from the frankfurtbased bank. We are just under an hour away from the start of cash equity trading in europe and out in the u. K. Lets take a look at what futures are indicating. Green arrows across the board. For ures up the most, 0. 4 . We get a slew of earnings out of German Companies this m
National interest and be shoulder to shoulder with the president in confronting more threats, more crises than any president since abraham lincoln, it is stunning to see what has actually been the result. I understand the president is on the phone now, and i want to go to him straight away. Mr. President , were delighted to have you with us on the broadcast. We hope that you can stay with us a while to go through all of these issues. But my first question would be at what point, at what point do you expect or do you expect the Democrat Party to align itself with the National Interests and the welfare of american citizens . Well, maybe the point of great success. You know, we were at that point where we had a tremendous, nobody covered it better than you, lou, we had a tremendous economy. We had the best employment numbers, best stock market numbers a although theyre catching up, were very close. But we had the best numbers that youve ever seen and the best numbers anybodys ever seen. P
National interest and be shoulder to shoulder with the president in confronting more threats, more crises than any president since abraham lincoln, it is stunning to see what has actually been the result. I understand the president is on the phone now, and i want to go to him straight away. Mr. President , were delighted to have you with us on the broadcast. We hope that you can stay with us a while to go through all of these issues. But my first question would be at what point, at what point do you expect or do you expect the Democrat Party to align itself with the National Interests and the welfare of american citizens . Well, maybe the point of great success. You know, we were at that point where we had a tremendous, nobody covered it better than you, lou, we had a tremendous economy. We had the best employment numbers, best stock market numbers a although theyre catching up, were very close. But we had the best numbers that youve ever seen and the best numbers anybodys ever seen. P
Just one thought on the s p and evaluation. Bp cut the dividend yesterday. Now, biggest obstacle to the s p 500, this is one a reporters row yesterday. Wrote yesterday. They are cutting dividends by the most since 2009. I was going to say does that matter. Obviously the market, the index does not seem to be bothered. That, myl of risk is allocation in the United States of america . From the original perspective, but in terms of the shareholder payout, it is for sure all over the world you are going to have buybacks. Japan, it is more of a dividends haven. The fact we have 5 combined yield in the u. S. , 3 buybacks, this is cut by half this year, you are still going to be better off and having some real yield in your portfolio. The yield environment is still raging. To not beo make sure penalized by the slow Interest Rate environment. Great to have you on the show. Lets get the first word news. Massive explosion rocked the city of beirut. The video we are about to show his intent. The b
Earnings results and a price of oil. Gold, topping 2000 and so you have gold topping 2010 same time, european stocks gaining so it is a risk off mood, high volatility for the month of august. The 10year treasury yield, steady near the lowest since march. There are signs american lawmakers are making progress on an economic aid package. Lets get to the first word news in london with laura wright. James the white house and democrats hope to have a deal on a new relief package by the end of the week. Sides remained far apart on key issues that they appear to be moving closer to an agreement. Any vote on a deal would likely not happen until next week. U. S. And china are planing to assess their phase one trade deal this month. Sources tell bloomberg the discussions between trade representative lighthizer and the chinese vice premier will take place around august 15 amid a backdrop of rising tensions between the two countries. And u. K. , lawmakers are urging Boris Johnson to be more open a