Well. We are watching what is going on with individual indices. Hong kong coming back and a big way after that long holiday. Hang seng up more than 300 points. The nikkei 225 up more than 1. 3 . At this point, seeing positive signs of drug and his recovery, although there has been mixed messages about what treatment he is getting, the timeline of his diagnosis as well. We are looking at risk aversion trade that we saw on friday,. Hich were gaining not doing a whole lot here this morning. Moving on 70 basis points. Seeing the reversal from friday, ozzie gaining and the yen, which additionally i despite, it it kit. 1900 after that 4 brent crude just below 40 a barrel. Watching fx, watching the dollar, pretty steady this morning as well. The pound seems to be holding onto the gains as well, brexit set for a showdown at the eu summit. Aussie and your revenue be holding on the firstlets get world headlines. Republican leader Mitch Mcconnell says the fasttrack schedule of the Supreme Court t
A rally after the fashion giant sports a boost and trades higher on a 50 jump in revenues Boris Johnson with brexit treaty as Parliament Backs the Parliament Bill as a warning it will support trade talks the eu has not taken that particular revolver off the table. I hope we can do so and reach a canadastyle Free Trade Agreement as well. Thank you for joining me today. Let me take you straight to the iea monthly report across the industry what we are hearing is that Global Oil Supply is risen by 1. 1 Million Barrels a day in the month of august as opec plus eased cuts but was down at 9. 3 Million Barrels from a year ago, so still a decline follows two months of gains in the recoveries stalled in august production in the United States fell by. 4 Million Barrels a day as hurricane laura forced precautionary shut ins the resurgence of covid 19 cases, local lockdown measures continue telly working and the Airline Industry has led to downward revisions of demand estimates for the third and F
The single currency crosses the key level for the first time in two years. Philip lane says it matters for monetary policy. Andy Swift Financial regulators and the swiss financial of creditart suisse over spying on former employees. Let us get some breaking news for you. Front, u. K. Housing august house prices rising by 3. 7 year on year. This is according to nationwide. 2 on the increase of month. The month on month figure is 2 . The year on year figure is 3. 7 . Very strong numbers follow other measures of stress. We have a right move for july. Know the reason behind all of this. There was pentup demand because of a lockdown. There was a tax incentive put in place. And perhaps a little bit of incentive to move to quiet, rural locations. All of that lifting housing demand. Solid numbers nationwide this morning. Lets get to the broader picture around markets, have a look at futures. For European Equity markets, fairly flat. If you excuse exclude the ftse. The futures picture giving us
Translator it was not easy that we needed so many different days shows we came from all Different Directions we are all convinced we can make something out of what we decided. Ubs shares right. Ceo sergio tells cnbc credit losses weighed in the Second Quarter. The possible outcomes are difficult to predict having said that, for the second half of the year, we are modelling recessions everybody is waiting novartis earnings suffer as hospitals front load stocks and lockdowns keep patients away from gps they are optimistic despite the outlook cut. In the force of the pandemic, 19 Income Growth in the first half is very Strong Performance showing the resiliency of the company. Big tech bounces back atting 290 billion in market value as amazon has its best day since 2018 helping the nasdaq outperform their averages once again. A very warm welcome. If you went to bed early last night, youve woken up to the news the eu have come to a deal. Weve got green across the board. The stoxx 600 tradin
Economy could lose a chunk the size of japan as coronavirus cases top 1. 5 million. Across extends gains opecplus meetings as Top Producers move closer to a deal. Cutia says it is ready to 1. 6 billion barrels a day. Just under one hour from the start of cash equity trading. Lets take a look at your futures. Gains inoking at futures on the ftse, cac, and dax of 1. 2 . More than 1 gains in european futures. U. S. Futures had a mixed picture. Nasdaq futures were down and we were seeing gains over the last 30 seconds. We are seeing u. S. Futures climb wellwell ahead of the open in new york. Johnson haser boris spent a third night in Critical Care where we are told his condition is improving. Officials are drawing up plans to extend the lockdown in a bid to control the crisis. Scientists predict the u. K. Will be headed into the peak of the outbreak over the next week. Biden is thejoe Presumptive Democratic nominee for president. Thats as Bernie Sanders ended his run, thanking supporters f