Anna absolutely. Trade commissioner phil hogan forced to resign because he attended a golf event which had normal times would not be that controversial, but these are not normal times. It is being investigated as to whether it broke the covid rules in ireland. As a result, he was under pressure and had to defend himself. Commissionropean needs to find a new person to fill that very busy trade brief. But this sets a very interesting precedent. Will we see other commissioners held to that . Tom lets do an unseemly data check. I will focus quickly to get to hurricane laura. Futures negative eight and we watch the real yield which is 1. 06. It is a huge deal as we go to the powell speech. Anna . Anna my data check has European Equity markets waiting for the powells beach powell speech. We heard from rollsroyce a little bit earlier on and they reported a huge loss. This is the maker of aircraft engines. In the stock is down 7. 8 in london right now. They get paid by the hour for flying thes
Ol boost here. That is propelling the entire market. Gold is having another good day. In case youre counting it is not good for gold bugs, what bugs we dont keep track of what gold is doing, whether stocks are up or down gold has inexorable advance up 2 . In case youre counting, that is up 33 on the year. That is dwarfing any other particular investment. I would include in that batch all the major market averages and what is happening with bonds. Gold has glitter that defies almost all the traditional trajectories you see. Lets get a read from Jackie Deangelis following the fastmoving market developments. What is going on here . Reporter good afternoon, neil. Lets start with disney stock that is propelling the stock is higher. It is up by 325 points. There were mixed earnings reports, but what wall street is focusing on is disney plus and subscriber numbers. 100 million streaming subscriber numbers. 65 million are paid. Put it in context, disney set a goal of 60 to 90 million subscribe
Jes staley coming up from barclays, he has got the mess in hong kong. Kevin cirilli will be with us from washington on the trump response to the news out of hong kong. Right now, in your united kingdom, it is a new deal in dudley. Francine it is a new deal. We are expecting the Prime Minister to deliver on his speech that was quite popular in his pReelection Campaign, bringing britain back. We are expecting him to do a lot for infrastructure, give money to schools that under previous tory government slots lost a lot of funding. Deathsy are there more because of covid19 compared to other european countries, the debt load this country has is different than anywhere else in europe. I imagine Boris Johnson will have to do this speech while at the same time keeping International Investors on board. Tom it will be interesting to see. We are monitoring the presence of the Prime Minister in dudley. In new york city, ritika gupta. Ritika the stage has been set for another confrontation between
Work to make it right the. Billionaire Mike Bloomberg ends his race for the white joins joe biden after the former Vice President s convincing super tuesday victories. On the group of artists branching out into the world of nature to leave an important message. Welcome to the program a state of emergency has been declared in california after the u. S. State recalled that its 1st death from the corona virus and the number of infections there have increased there are now 50 cases in california the death of an elderly person on wednesday was the 1st outside of Washington State where 10 people have now died. Weve had a number of incidences throughout the state of california no longer north now in Southern California we have cordingley with this new. I. C. U. Patient passed away entered into this next phase that is required me under the circumstances to advance a proclamation. Of a state of emergency in the state of california and she had her townsend joins us live now from washington d. C.
Announces the 1st death in europe from the corona virus from a chinese tourist dies in a French Hospital as the global death toll surpasses 1600. And in football thirds of berlin were back in action in the get this time with a new coach Alexander Nuri stepping up to take the reins against power born after your conclusions months departure. A michael thanks for joining me World Leaders and policy makers are wrapping up the 3rd and final day of the Munich Security Conference the crisis in syria and support for nato are major topics but the conference has also seen leaders give opposing views on the cohesiveness of the western Alliance French president has said europe should increase its independence after calling for a Strategic Dialogue over the role of frances Nuclear Weapons and european defense. He spoke with the German Foreign minister heikal mohsin munich he said much comments could prompt europe to take a more critical look at its own role in the Transatlantic Alliance as a vivid