As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste
The german lender taps Deutsche Banks retail head, manfred, for the top job, ending months of management turmoil. Shares and hsbc jumped the most in over a decade as its biggest shareholder, ping an, raises its stake to 8 . And buckle up, brexiteers. The e. U. And the u. K. Enter the final round of formal brexit talks this week as britains conservative Government Faces another Party Rebellion at home over emergency covid19 powers. Just under one hour away now from the start of cash trading throughout europe, and in the u. K. Take a look at futures. We see more than 1 gains across the European Equity indexes. European equity Index Futures contracts that are trading, gaining more than 1 with euro stoxx 50 futures up one point 1. 6 right now. Trading higher, up more than. 5 on the nasdaq contract right now. S p and down jones futures or jones futures trading. 7 . 8 . Anna you try and catch up with gains in the United States on friday. I want to mention what is going on. The real focus on
A lot of the focus is on oil, a lot of the focus on what we heard from bp. Lets get a data check. European stocks really fluctuating, failing to Carry Forward the momentum that we saw. Yesterday, we had a technology fueled rally, which got support from positive Economic Data and potential further stimulus. Today, things seem to be going a bit sideways. Treasuries maintaining some of the losses. You can see european stocks down some 0. 5 . Lets get straight to the bloomberg first word news. Tiktok has to sell its u. S. Arm by september 15 or close. That is according to president donald trump. He says he does not care who buys it, microsoft or another firm, as long as it is a big, secure american company. The president also says any sale would have to include a substantial payment to the u. S. Government. Victoria imposing a fine for anyone who violates isolation rules. Fines could be around 3. 5 thousand u. S. Dollars. Repeat offenders may see a penalty of around four times as much. Vic
And the markets say by gold. Global google searches for the phrase hit levels not seen in nine years as the yellow metal barrels passed 2000 an ounce. The cash trade is less than an hour away. Here are your headlines. The white house and democrats aim for a virus relief deal by the end of the week and bill gates tells bloomberg exclusively the u. S. Should help poorer nations get vaccines. Rocked by a massive explosion at its main port, killing dozens and injuring thousands. Authorities are yet to confirm what caused the blast. In fromcontinue to roll europes largest countries. Commerzbank anticipates a loss for the year. We will speak with a host of top executives in the coming hours, including from the frankfurtbased bank. We are just under an hour away from the start of cash equity trading in europe and out in the u. K. Lets take a look at what futures are indicating. Green arrows across the board. For ures up the most, 0. 4 . We get a slew of earnings out of German Companies this m
Begin with White House Correspondent Phil Mattingly and a preview of president obamas rhyme time addressed and night president pic obamas prime time addressed tonight. The topic immigration. What you are going to hear is the first step of a lengthy process by the president and other white house officials to sell this to the American People. It will include measures that will allow 5 Million People to stay in the country who are currently undocumented. It will allow them to come out of the shadows. Question is, what will republicans do to plus fact can the American People behind this . Thes there a chance that Republican Party could overreach in its response . There is a chance. That is what they are saying on capitol hill that they are trying to avoid. They are trying to coalesce around something they can do to push back, but not alienate the hispanic voting bloc. Now, there are a couple things they are looking at, potentially funding matters, potentially moving forward in the legislat