Are more skeptical we all have to give ourselves a push now and see that it goes in the right direction. The numbers are always going up so you have to do your part to make them go down again and govern great progress and success but i hope that we will be spared but unfortunately we cant rule this out completely although im not sure if it will really help to contain the pandemic when we isolate them for most of people i assume that there will be new measures theres nothing you can do about it and we have to get the infection under control in this newsroom in the. New restrictions are expected on wednesday after chancellor merkel meets with germanys 16 regional leaders. News has seen a copy of the chancellor is working paper for that meeting of america with the state prime ministers and heres more of what we think Anglo American is going to propose schools and day care facilities are to remain open and thats a major difference to the 1st locked up germans will be told to limit contacts
It can be a father feel for peace the violence erupts for a 2nd night in philadelphia following the killing of a black man by police. With a global Film Industry really from the effects of the pandemic delayed and diminished comes Film Festival still rolls out the red comes. As welcome to the program s. Coronavirus cases are spiking across germany chancellor Angela Merkel will hold a Video Conference today with a fix 16 regional leaders of germany they aim is to agree on a new round of restrictions heres the Current Situation covert 1000 cases have risen sharply within the recent record. High of nearly 15000. 00 new cases daily and thats a sharp rise from early august when new infections drops to the low hundreds per day the interesting thing in this period is testing levels did not change but there was still a strong spike by the end of october accordingly there was a rise in intensive care admissions for covert 19 that figure usually lags behind new cases by 2 or 3 weeks hospitalizat
And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break
Unit in a sweeping overhaul. Its a big day for Bank Earnings. We speak to talk executives. Welcome to daybreak europe. Lets get to Bank Earnings. Deutsche banks red headline. Saying they are on track to meet all targets. Lets get to the numbers coming through. The Second Quarter fic trading revenue comes in at 2. 0 5 billion euros. The estimate was 1. 81 billion euros. Upbeat on the Second Quarter f site a beat on the Second Quarter fic. In terms of pretax profit for the Second Quarter, that comes in at 158 Million Euros. Thats a surprise pretax profit for the Second Quarter. The estimate was for a loss of 133 Million Euros. Thats what we are looking at in terms of secondquarter net revenue. That comes in better than expected. The estimate was 5. 94 billion euros. A lot of lines coming through here. 2020 revenue essentially flat. Cet1 reaffirming its 2022 leverage ratio and return on tangible targets. In terms of Second Quarter Net Interest Income, that comes at 3. 0 9 billion euros. E
Equity markets as a result of rather Economic Data than a growing number of Coronavirus Infections. Stoxx 600 up 1. 2 . German is spanish stocks outperforming. The vix overnight broke out. That is another important signal for what may come. U. S. Treasury yields unchanged. Initially drifting lower after some skepticism. Urodollar up 0. 8 eurozone unemployment data will show if this story around an economic rebound is accelerating. Brent crude on an upside, 1. 2 higher. We had the saudi cuts, the opec cuts, and the demand growth will never return to the levels precovid. Lets get to the bloomberg first word news. The u. S. House passed the sanctions bill in response to the Chinese Security law targeting chinese officials cracking down on prodemocracy protesters. The bill needs to be approved by the senate and the president. The number of daily coronavirus cases in the u. S. Talked 50,000 for the first time. Topped 50,000 for the first time. Mexico is topping spain to have the sixth most