This hour. But the city where it all began is getting back on track. China lifts travel terms in wuhan, ending 11 weeks of lockdown that disrupted the lives of millions. Shery we are seeing kiwi stocks gaining ground. We had seen u. S. Stocks under a lot of pressure today. There was a lot of volatility. U. S. Futures continue to fall 3 10 of 1 . We have surged as much as 3. 5 in the u. S. Session, but that really wasnt supported through the end of the trading day. Bk futures also down nikkei futures down after japan unveiled the 108 trillion yen stimulus package. We have seven prefectures that declared a state of emergency. Current account balance and trade balance this hour. We have crude at the moment rebounding after falling to the weakest level since the start of the month. Trump hassident threatened to withhold funding from the world health organization. He has been telling reporters at the latest coronavirus White House Briefing that he is considering doing just that. Bealso said
In topjobs in business, a government backed review has found. In the ftse 350, only 25 women are in chair roles, with even fewer chief executives. The guardian business pages report that landsec, the Property Company which owns Shopping Centres such and Westgate Oxford and bluewater in kent, has slumped to a first half loss after being hit by store closures as retailers battle Weak Consumer Spending and a shift to Online Shopping. And finally, are you among the thousand people in the uk still watching tv in black and white . More than 50 years after tv was first aired in colour, more than 6,500 homes are still registered and watching television under a mono license. Which of course, is a lot cheaper. Anyway. With me is kathleen brooks, whos director of the Financial Analysis consultancy, minerva analysis. Lets get started. Brexit will start a green revolution. That is what were going to hear today from Boris Johnson . Were going to hear today from Boris Johnson . Dont think brexit mean
Thats a nice beat. Alix this looks pretty good. David therefore, the premarket is down. [laughter] alix maybe it is capex . Like you mention, monetize a bull daily active users beat. Bulloks like monetize a daily activele users beat. David theyve been doing a good job getting more money in the door. They still got a ways to go. 2 3 of the rate of they look like good numbers from twitter. Alix joining us now are evan brown, ubs Asset Management head of macro, and bloombergs paul sweeney. One of the big issues for twitter really focuses on ly activea bull dai users, the people that come back every single day. Thats what advertisers want. Twitter cant really compete on t versus the facebooks versus the facebooks of the world. Thats the kind of metric twitter really taps to advertisers. Ared one thing people looking at is geography. They had really favorable numbers in japan last year. It is expected they will be under the number this year in the u. S. Paul they make so much more money off
Advance, if its a very good month if it stays like this, the best june sinceey 40. We keep an eye on that. I remember that one well. Like just yesterday we were covering. A. That we have socalled bond king, jeffrey gundlach. He has turned markedly bearish. That the Federal Reserve doesnt know what he is doing and politicians flummoxed about the debt, whether they want to address it. He has been buying gold. He is optimistic on gold. His read on things a little later in the show. Edward lawrence on what the fed decision could reveal today. The white house want to see rates cut like now, right . Reporter the president made his observations clear. He would like to see that rate cut happen. It is widely expected the fed will keep the federal funds rate, 2. 25, 2. 50. Recent studies say that number goes up at the next meeting to 82 . Were looking for changes in the language of the statement. If the Federal Reserve says they will be patient for future adjustments. How the data changed and lo
But not sprinting. He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. In the right direction. Well, thins in the right direction. Well, things are in the right direction. Well, things are going in the right direction. Well, things are going in in the right direction. Well, things are going in the in the right direction. Well, | things are going in the right direction. What we are seeing is despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has b