We get prices down and yields up across bond. I dont know how long it can last, given the fact that we still are getting signs that there are going to be layoffs, and thinking in particular of delta coming out overnight and saying they may have to lay off nearly 2000 pilots after the september period. Ive got to say, still a lot of headwinds out there. Tom i agree. The partition of america is extraordinary. We just spoke to the congressman from the court could from the fourth Congressional District of arkansas. He made clear the economy is really good and sets up the inequalities and differences you see between democrats and republicans. Of course, our convention coverage. One quick point before we get to the complete data check, futures up 15. You looked at the brief for the morning. Lisa Consumer Confidence for there hasof august, been greater resilience than in coronavirus cases. After that, we get a tale of two markets. Roadforce. Has given a into the Consumer Confidence. As you me
Biggest rally since april. Zoom and tesla lead the balance for the electric carmaker jumping over 10 . Lawmakers become lawbreakers. The e. U. Considers legal action over the u. K. s plan to breach the brexit deal. The two sides hold an emergency meeting today. Class growing confit plus growing confidence. Hold ass set to stay on bloomberg learns some officials now see a reduced need for further stimulus down the line. As i said, just under one hour away from the start of cash equity trading in europe. Lets take a look at futures first. We do see gains on dax futures up about. 4 right now. Also, euro stocks futures are up. But you do see ftse futures down this morning so keep your eye on that divergence. In terms of u. S. Futuress, after the gains yesterday, we see continued gains in futures with dow and s p many contracts up. 2 . Anna . Talk about whats going on in the Asian Session in terms of the gmm. We have had a day where we have seen real resurgence as you mentioned in stocks, a
Supply, reigniting concerns to geopolitical risk. An barrier, billionaire Money Managers Led Hedge Fund gains in the industrys best performance in a decade. Plus, is that the Tipping Point . Politicians and executives dissent on davos, a debate on whether the biggest drivers of the global drivers economy are picking. Two in for a huge week on newsmakers at the World Economic forum right here on Bloomberg Television. We are just under an hour away from the start of cash equity trading across europe and the u. K. Lets look at where futures are pointing us. Were looking at green arrows on dax, cac, ntt ftse futures. At cac features are unchanged right now. We see green arrows on ftse futures. U. S. Markets are closed for Martin Luther king jr. Holiday. Equity markets want be trading. But you do see futures pointing higher after a record close on friday. Oil jumped amid turmoil in libya. Caught in the crossfire of the nations civil war. Iraq temporarily halted work at an oilfield yesterday
Illian. Has joke at the end it reminded me of churchhill as well. Do you expect Boris Johnson to try to emulate his idol . Will he try to boil down the middle now that he has such a big church and keep all of these voters with the conservatives for longer . Christopher well, i thought that was a most interesting part of his speech. In my opinion, perhaps the most effective was his candid and disarming, even charming admission that a lot of the voters who put him back into power with a large majority have him on probation. A very nice parallel with his election as the mayor of london when a lot of traditional labour voters supported him and they have now supported a conservative party. That, i think is notice also in the rhetoric, one nation conservatives. He remindednation, himself that that is the formula. What does that remind you of . , not labour,labour but new labour. That was the slogan of tony blair. Clearly looking to put a very personal stamp, which arguably could be churchhil
The Prime Minister prepares to ask lawmakers to support his brexit deal. Does he have the votes . We will be live all morning from westminster and brussels. A sterling outcome. Goldman and Credit Agricole remain bullish predictions for the pound, seeing a mediumterm rise to 1. 35 or higher. Kicks off european earnings season with a reiteration of its strong preliminary result. We will speak with the cfo, luka mucic, shortly. Less than half hour away from the european open. Im looking at a three day trade of the pound. We are holding at the high levels we have seen the highest levels we have seen since may. The pound doing quite well at 1. 2925, at one point reaching on 1. 30. Trade to almost it is getting there for sure. Take a look at what we see in terms of the futures trade, just 30 minutes away from the start of cash trading across europe and in the u. K. 0. 2 after s. A. P. Earnings. Ftse futures relatively flat right now. You also see futures gaining in terms of the u. S. Trade.