An eye watering loss. Costsosses and rising mean bonuses are set to disappoint. We are seeing u. S. Futures flat. This, of course, after we had the regular session seeing record highs. At one point, topping the record reached in february before the pandemic. Every sector on the s p 500 was in the green. We have nikkei futures moving higher as we have the japanese yen under pressure. We have seen it fall against the u. S. Dollar for the past four sessions. Right now trading around the weakest in three weeks. In sydney, futures higher. We have the aussie dollar listed a little bit higher. We have a softer u. S. Dollar, not to mention higher commodity prices. We have kiwi stocks at the moment gaining ground after seeing the worst day in a month. This as we have rbnz expanding their qe program. Gains in the currency returns, commodity exports, unr holdings qnr holding steady. U. S. And chinese negotiators plan to discuss progress in the phase one trade deal. Pushing toset to be widen the a
Report 1. 5 million euro loss leading to job cuts. Industrial profit forecasts beat sending shares higher the ceo says hes cautiously optimistic we have the prices under control as much as we can control it going forward, there is some volatility that we will see a second wave. Mining giant glen core ditches its dividend following a massive impairment charge following the bottom of the stoxx 600. A warm welcome to street signs. It is a big day before the bank of england keeping rates steady and left the size of the Asset Program unchanged. Bankers are painting a more pessimistic recovery warning that they wont return to precrisis levels before the end of the year. They expect the rate to double by the end of 2020 looking at the action surrounding the bank of england news starting with guilt we have the move lower out 2. 5 . Third year trading 64 points or so sterling has hit a fresh fivemonthify versus the dollar. Currency investors like what they see to get into more detail from the b
The damage. The bridge on the kuma river was washed away. The road on the riverbank collapsed. Mud and parts of uprooted trees have made it inside buildings, some up to the second floor. This man says his 67yearold father was found said at his house that was flooded. Tla translator i have regrets about fighting with my father a lot. I wish i had my kids visit him more often. Flooding has turned fields and greenhouses into swamps. One farmer says his 60 greenhouses were affected and that the timing could not have been worse. Translator it was just before the harvest. The whole area around here was completely destroyed. The amount of damage may be around 93,000. Aside from the economic damage, the extreme rain is presenting a new threat in the age of the coronavirirus. People in evacuation shelters are taking precautions to keep the virus at bay. The destruction also hit areas outside kyushu. In kyoto, a mud slide plowed into three cars near an interchange. Two drivers suffffed minor inj
Expected to drop 24 year on year. The futures are looking slightly lower, down four points. We are looking at some of the currencies. As david would say in the last hour, the bloomberg dollar index is on track for its worst july in a decade. A more dovish start from the fomc. No big surprises from the fed, but the lower mantra weighing on the dollar. The dollar index is flat, at least for now. Wellussie in his flat as aussieyen is flat as well. We move on to the commodities and the yield story. The question marks around oil were in focus as well towards the end of play yesterday. You saw a reduction in the u. S. By about 10 billion barrels. That gave some support to crude prices and wti, currently flat. Gold is now 5 10 of 1 . The 10 your yield on year, still below 60 basis points. 57 is barely moved, risch. Rishaad yep. Global coronavirus case is approaching 17 million. More than 660,000 people have died now. The states recording 150,000 fatalities. California, florida, and texas post
Why the coronavirus protection has become a symbol of political tribalism. And pandemic checkup. What you need to know before you see a doctor or a dentist. And how hotels are trying to keep guests safe. Be listening with both ears. First, heres todays eye opener, your world in 90 seconds. There really isnt any guiding principle that i was able to discern other than whats good for Donald Trumps reelection. A new book by President Trumps former National Security adviser paints a damning portrait of a president who puts his own interests ahead of the countrys. He broke the law. Very simple. This is highly classified. Thats the highest stage. Its highly classified information. And he did not have approval. The Atlanta Police officer who fatally shot Rayshard Brooks charged with felony murder. We want you to stay focused. This is not the finish line. This is the starting point. President trump is Going Forward with his planned rally in tulsa despite a surge in new covid19 cases. Were not r