And, macron reshuffles his government. The European Commission releases its growth forecast today. Manus it is just gone 6 00 a. M. In london, 9 00 a. M. In dubai. Are kneedeep we in phase one. We are kneedeep in a global rally, that is for sure. Half 1 trillion off the Chinese Market yesterday morning. If you have had a 40 leg up in the equity market, what is it that you want to do . Ont chase the rally, they say nejra it is interesting because yesterday, you wonder how much of the rally in Global Equities that you pointed to was actually driven by what happened in china particularly. Of 2015. He bubble you talked about how much was put on in terms of market value. Then you see the nasdaq hit a record. S p 500, five days of gains. As you say, not much really driving that rally. We will get into it with simon allard at the moment. He talks about, is tech in a bubble . Return, a total bubble within a bubble within a bubble, within a bubble. Keep going. Us a people keep telling bubble is
Record high after a global meltdown melt up on monday. Futures are pointing lower. The cash trade tray is less than an hour away. Hong kong on notice. Microsoft joins google, facebook, and twitter in pausing government user data requests. Tiktok also pulls out of hong kong. The risk rally pauses. Equity markets and futures trade grow aboutncerns rising coronavirus infections. Bloomberg learns that Deutsche Bank and google are planning a 10 Year Partnership on cloud and tech investment. Computing and tech investment. Just under an hour away from the start of cash equity trading across europe. Futures are down right now. We see losses on ftse futures of 0. 5 . About 0. 6 . Es, futuresxx you choose down about 0. 7 . Yesterday we got germany factory orders, missing the mark. Coming out at a 10 gain compared to a 15 estimate. Now we are getting german 7. 8 . Rial output rising that is the month over month figure. The estimate was for 11. 1 . Dataagain, german economic missing the estimate,
the Council of the European Union and the European Parliament reached a provisional political agreement on the proposal for a regulation on the protection of the European Union and its member states from economic coercion by third countries. European Green Deal