Across the americas. The spread is unacceptable. South korea braces for a second wave. Lenders are backing away. Bank of considering cutting a credit line, writing off its and calling it quits. We are just getting some indications, early indications of the economic rebound in australia. The cva australia pmi manufacturing preliminary number for june bouncing back. Just in contractionary territory but certainly much better than the 44 from the previous reading. The Services Number also much better i we get parts of the Services Economy reopening after the restrictions coming in at 53. 2. The previous reading was 26. 9. That composite number for june, 52 point six. 28. 1 and out of contractionary territory. That is a preliminary reading but things looking a bit more positive. Also looking positive for asian markets, lets get over to Sophie Kamaruddin for a look. Futures are in the green with s p eminis and he restocks resuming gains while the aussie dollar remaining on the on foot at the
Hes here in a fox business exclusive about this new bacteria. The covid19 lockdowns forced many to whip out the credit card and buy essentials online. A publicly traded company is making all those transactions work. The incoming ceo is a wall street veteran who survived 9 11, the financial crisis and now the pandemic. He will tell us what he saw in early january that told him get the employees to work from home and out of a crowded business area. That was well before just about every u. S. Company had even heard of covid19. Charlie breaks it on the big name Trading Companies refusing to sign on the dotted waiver line that the nyse requires to walk on to the Trading Floor. And 24 hours before the dragon capsule roars into space. Less than an hour til the closing bell, lets start the claman countdown. Liz breaking news. They are testing the systems right now. We are just over 24 hours away from history as spacex prepares to become the first commercial Space Company to launch american ast
Purchases we bring you the latest on the ruling from the ground in berlin plus as tracking becomes a reality for some nations in the privacy concerns are about could these moves set a benchmark for the rest of the globe we take a look straight ahead we have a packed show today so lets dive right in. And u. S. Markets surged today on hopes of global economys reopening and more specifically news regarding a Coronavirus Vaccine and vaccine is what we want to focus on here at the top of the program u. S. Based pharmaceutical giant merck announced tuesday it will buy austrian vaccine producer themis bio science and would work with research nonprofit. To develop 2 separate vaccines now merck and also announced a new partnership with ridgeback biopharma bio therapeutics to work on an experimental oral antiviral drug to combat cope at 19 as far as timelines for these vaccines mercks says the famous vaccine will be ready to start vaccinating volunteers. Within weeks while the i a v i have vacci
Temperatures and another cool morning. Yes. Good morning. Feeling a little chill in the air this morning. And, we are going to see a big change in temperatures coming up. And, the 24 hour loop of the radar, shows you all the storms this time yesterday. Now, we just have clouds as we start to get into our weather today. And, it is looking pretty good. And, the temperatures are moving by essentially today for those about average. A little bit below average. We are seeing a very low average. We have more not coming up in just a bit and they arrested nine people after a second night of looting this was the scene at telegraph avenue. As please try to take control of the crowd there. With those flash brain crowds. It is unclear if any were arrested. And they said, they arrested three people for burglary. Six other people were arrested. And, outside agencies assisting them as well. And, its one of just several bay areas. And, seeing more unrest last night. And, live on more with that out in S
A look straight ahead with a packed show today so lets dive right in. And u. S. Markets surged today on hopes of global economys reopening and more specifically news regarding a Coronavirus Vaccine and vaccine is what we want to focus on here at the top of the program u. S. Based pharmaceutical giant merck announced tuesday it will buy austrian vaccine producer themis bio science and would work with research nonprofit. To develop 2 separate vaccines now merck and also announced a new partnership with ridgeback biopharma bio therapeutics to work on an experimental oral antiviral drug to combat co but 19 as far as timelines for these vaccines mercks says the themis vaccine will be ready to start vaccinating volunteers within weeks while the. Vaccine will be ready for human trials at some point this year now meanwhile maryland based biotech firm novaks says it is ready to start Clinical Trials of its vaccine this week a. Australia citing optimism on the developments. With your knowledge y