In a single session. Its worst ever single day. British drug giant astrazeneca halts the trial for safety review after an illness during its test. And British Airlines shares open lower ragging on the travel sector. A ton of Market Action here in europe. Lets look at how the markets are opening in the session a rebound coming together. Yesterday, the main benchmark dropped to 1. 61 in italian and french stocks. The market up and the cac 40 up 0. 7 initially, there was signs of trading coming through in the early moments on the back of this news late yesterday that they have halted their trials as one participant in the trial has fallen ill not enough to get the market down we are seeing positive momentum now. Lets look at positive sectors we have oil and gas up, telecom up and we saw the Oil Price Plunge wti falling 7. 6 brent down and we are seeing a bounce now utilities and majors are the best market. We have travel and leisure taking the biggest hit down 4. 4 we have a few stories c
Recovery fund today. France and germany push for an agreement by next month. Its cio. Suspended coo. The stock plummets 67 after a false delay to the report. Good morning, everybody. We are just under one hour away from the start of the cash equity trading day. The final day of this week. It is friday. Thats have a look at the futures and what they tell us right now. We dont see a great deal of movement in any of these markets. European futures suggest a little bit of movement to the upside. U. S. Futures suggesting some movement in an upward direction,. 5 . They do seem to be improving as we go through the last hour or so of the trading session in asia. If we put up the gmm, you can see we are up we are up by. 2 on the msci asiapacific. Making some modest gains. It does seem the risk rally has come to some kind of a pause. Fatigue. Maybe that was the best way to sum up what was going on. Said, it does seem as if Global Equities are oncall to make some global gains, at least for the we
At roughly 2 00 p. M. The president is expected to take the podium and unveil a policy action or slate of actions that is expected to significantly escalate tensions with china in the wake of the coronavirus and just months after that much harolding phase one deal was struck in january. You can see the reporters there to answer questions. This has been an announcement thats been telegraphed slowly throughout the week. Theres been an significant ramp up on behalf of the administration in the last week after china sought to impose a National Security law in hong kong that would crackdown on public demonstrations there. Since then, the secretary of state has told congress that hong kong is no longer autonomous the secretary of state certifying that is the case and that could result in some policy actions that could lead to the revocation of the special economic status in hong kong that allows that territory to be free of tariffs. That is one of the policy recommendations that was on a men
19 testing ramps up across the worst affected parts of kenya but many are worried theyll be forced into quarantine anyway. The koreas serving the u. K. But Delivery Companies are under fire for not looking out for their safety. And im santa hummus and ill have all the sporting kidding and major brand before the german guns eagerly start out that coach a would miss the teams 1st game back after breaking point in the rules. The independent Police Complaints council in hong kong is calling for a review of guidelines on the use of tear gas jurong protests the watchdog is investigating allegations of Police Brutality during antigovernment demonstrations last year it says further training for officers dealing with protesters needs to be studied and the council warned the. The territory risked getting dragged into what it called an era of terrorism. Now in the past 8 months that we have seen in fact protests which originally were of a dented generator into violent protests using all kinds in
Testing ramps up across the worst affected parts of kenya but many are worried theyll be forced into quarantine. In other news allegations of Police Brutality in hong kong the Police Complaints watchdog wants the territory risks being dragged into a new era of terrorism. Now some hummus now have all the sporting clothing and major land before the german bunds league to restart talks the coach will miss the teams 1st game back after breaking quarantine the rules. Lets get going as many countries cross the peak of the virus pandemic World Leaders are turning their attention to restarting their economies either by lifting restrictions or with big injections of cash people in the United States could eventually be in for another stimulus check with the house of representatives debating a 3 trillion dollar Economic Relief package it includes almost a trillion dollars alone for state and local governments who are now drowning in debt. Germany is preparing to make the move of dropping entry re