Four days of losses is about to become five. Are down 7. 5 over the previous four days. Cross assets, we look like this. A bid into the bond market briefly in treasuries. It did not stick. It was a treasury market selloff. This morning, it is about yen strength. Dollaryen coming down on 0. 3 . Again. Rude is down 0. 9 mark wheret is that you have these massive producing countries like russia and saudi starting to worry. These are very hard prices to deal with when you try to balance your books. It all comes back to demand. Everything is about demand right now. When you have france and germany going into lockdown, that does not bode well. Euroyen is striking me this morning. I feel that for the first time it is acting like a haven. It is her membrane what it is supposed to do. Jonathan a bit of yen strength. Chancellor merkel giving a wakeup call to her fellow eu leaders. They failed to act quickly stop the pandemic. For more, our western europe managing editor joins us. Walk us through
Breakthrough could happen any minute. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The focus of courses on the markets, because we are expecting a lot of earnings, banks, roche coming out, and later, u. S. Stocks. Poundlso looking at the on the back of the selfimposed brexit deadline. If you look at some of the earnings, they reignited a bit of concerns about the number of cost cuts and job cuts. Time, you can see european stocks down 1. 7 . Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leighann good morning, francine. Disappointed by the slow brexit trade talks, and a call with eu leaders, he said he will decide after this wiis key summit if it is worth continuing to work for a deal. He previously indicated the u. K. Will walk away if no agreement by october. Germany is still optimistic a deal can be reached. Always the right way to discount questions that can be difficult, and sometimes at the la
Threat . No, none whatsoever. Reporter and appearing at a womens conference at the same time, harris acknowledged her historymaking week. Joe biden had the audacity to choose a black woman to be his running mate. How incredible is that . Reporter ed okeefe, cbs news, washington. Brennan tonight, for the first time, we are hearing from one of the former minneapolis officers charged in the death of george floyd. Tou thao faces a charge of aiding and abetting murder. But in an interview, he told investigators he was just trying to control the crowd that had gathered at the scene. And a warning some of what youre about to see is disturbing. Heres cbs errol barnett. Reporter one week after george floyd was killed in police custody, one of the former officers charged in his death gave this voluntary interview to investigators. It was obvious tthat he wa likehigho e something. M im not going to run reporter officer tou thao says after floyd resisted being placed into a police vehie, seen here
Former officer thao gave to investigators after the death of george floyd. I knew it was kind of a somber moment, especially for me and my heart kind of sank. Reporter the body camera video his lawyers believe helps prove that thao should not face criminal charges. Making her mark. Meghan opening up in her third speaking engagement since leaving the royal spotlight. Women understand that their voices are needed now more than ever. What she says about returning to the u. S. Wildfires raging. New evacuation orders this morning as nearly two dozen structures are destroyed north of los angeles. And an update on this amazing water rescue. The family saved by a group of Good Samaritans reunited. Their message this morning. Hello, good morning and we begin on this sa hello, good morning, and we begin on this saturday morning with the latest on the pandemic. While the number of Covid Patients in americas hospitals is falling, the number of daily deaths is unfortunately rising with the passing
And now a new projection that we could lose another 30,000 americans to the virus by labor day. One officers view. For the first time were hearing from one of the men charged in the death of george floyd. Hear what he remembers about that day, plus see his body camera footage in the moments leading up to the deadly encounter. And wild attack. A biker gets too close to a bison and her calf while riding through a state park. Details on her injuries and why park officials had to track down the animal after the incident. First, we begin this morning with a look at todays eye opener, your world in 90 secon secon seconds. I guess harris could be bigger than you think. But in the end its not going to matters because were going to win. Reporter the democrats hit a milestone in the race for the white house. Just 80 days to go, and the Democratic National Convention Starts next week. Joe biden had the audacity to choose a black woman to be his running mate. How incredible is that . Reporter the