Second quarter loss and the psa chairman says Market Conditions are tough. We are entering now a chaotic period in the Automotive Industry as we all understand starting with the market downturn, the emerging markets are in turmoil we see the electrification is going to change many things. Aston martin shares skid off course after the luxury carmaker slashes key forecasts for the year as it weathers uncertainty in the uk and europe and the euro slips to a sevenweek low against the dollar after german and french flash pmis miss estimates. Good morning lots to go through today i want to start off with the macro data as mentioned, germany and france flash pmis for july disappointed we got the composite number, the flash composite for the eurozone came in at 51. 5, less than the 52. 2 number for june and less than the expectation of 52. 1 i want to break it down, though. The manufacturing pmi came in at 46. 4, that is again a miss versus the expectations of 47. 6. It is also the lowest sinc
Well give you a check of the picture in a moment. There you go shanghai up 0. 50 . Trading under way there for a number of hours. The dax is up approximately only over in france, the picture, negative at this hour. Treasury yields much in focus this week. 2. 60 on the current year and above that level at 2. 65 that is the one to watch were certainly watching that. 2. 60. You can round that up to 2. 7 right now. You can round that up to 3 a lot of people say thats the next stop. The question is at what point does that put more pressure on equities and minds of investors as the rates are going or the bitcoin, to lose money on bonds, i got to get into the stock market except, well see what happens from the equity market from there quite frankly, every piece of low rates have been great for the equity markets apparently rates going higher are great for the equity markets. Thats the dogma right now what point do you get, as ive sort of been saying the full capitulation of Bond Investors whe
Lets head straight to the markets desk where julie hyman has the latest on this energyfueled rally. Julie we see major averages gain traction. They were little changed at the open. 3 on the dow and s p. Up about 22 points. It has to do with the energy market. The Goldman Sachs call is feeling a gain in Energy Stocks. Look at the groups on the move. Energy shares up 1 as our materials. We are seeing that just Oil Prices Higher but some of the other materials as well. On the downside, utilities and telecoms slower. Otherwise, we have a lift in the commodityled groups. Oil prices are working higher on the call from Goldman Sachs. Gold is also on the rise today. It is up by about 1 . Interesting we are seeing a lift in stocks and gold at the same time. Part of this is fueled by the e. T. F. Buying of gold. E. T. F. Dex tracks holdings of gold in the u. S. We have had a big lift this year as gold prices have risen. It is the 14th straight day these funds have seen inflows. It is a streak of
Up for you. Tricks sports cars how do you sign or see the cars of the future and. Snow feet and look for ways to enjoy mental sports in the mountains. They like to drink tea left to queue and they have a great sense of humor that is how we know of british stay with us since the wrecks of both want to leave the European Union many have been asking all the british the Little People we thought they were the answer could lie in watching parts photos like this one for example for decades the british photographer has been researching his fellow citizens with his camera now his photos can be seen in london the british people in the prebreakfast era. Brought together by one flag but with very different lives people in twenty First Century britain captured on holiday for example. Only human is british photographer a martin parrs latest exhibition it beechers both famous and unknown people either posing for the camera or going about their everyday lives. As. He just wanted to so the face is in p
In Dubai, a city known for its blend of luxury and cutting-edge technology, the fleet of vehicles belonging to the Dubai Police Force reflects the city'