Page 3 - Furlough Program News Today

1. 1859. Bond markets also turned around. Higher in moving terms of the yield lower in terms of price. That is reflecting what is happening on the bond market as well and by the equity market. Alix, things are turning around a little bit here. Slightlyut to be a more bumpy end of the week than anticipated. Alix watching quadruple witching as me head to the close here in the u. S. The London Stock Exchange is in talks to sell boris teliana to euronext and two institutions. Joining us now from par...

Nation. Just coming in, images of the sunset you and i observed last night. Imagineom, you cannot the change across this america. Forget about economics, finance, and investment. It looks like man delorean out there, lisa. Lisa really depressing to watch that orange sky over in the west and seeing the smoke come toward us. It is a political smoke, as well. Everything becomes that much more political in this year of 2020 as we head toward november. Tom jon, you nailed it on the United Kingdom ear...

1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn f...

Really settle this morning. Ive got to go right to the deepest market exchange. The Dollar Strength is really resilient. Jonathan the treasury marketjonathan not doing what the treasury market would typically do in an equity downdraft. So many people have come on this show talking about it. There it is, the 10 year yield doing nothing. Your yield, 0. 67 . You could clip that, repeat it, and it would have been true for the last five days. Tom when you intrude into market spaces, markets dont give...

Talking more stimulus. Then you have the cable rate. A lot of extension for benefits and the u. K. The cable rate does not move. It is a consistently stronger dollar. Same thing for the gilt market in the u. K. As well. Crude also going nowhere. The real action is in the equity market. Lets dig into that top story in europe. U. K. Chancellor of the exchequer rishi sunak planning to rescue millions of jobs at the coronavirus threatens to derail the u. K. Economy. I know people are anxious and afr...

30, which is interesting and worth bearing in mind we have not traveled that far. The bank of england stepping up preparations for negative rates. You can see quite facing the repricing at the front end of the u. K. Curve as we see the two moving as twoyear prospects of negative rates appear to become greater. Alix more on that boe decision with paul dale, capital economic chief u. K. Economist. Negative rates when, where, the future, how do they do it, when do they do it . I think the answer is...

Comparison to the United States. I think comparisons across europe may be a little more challenging to make and put in a positive light. That has certainly been the focus and the delay to locking down the country certainly was an area of real criticism for the government. I suppose this morning, we are also focused on what is going on near to you in terms of hurricane laura building across the atlantic and a ready to make landfall. We are watching louisiana, watching texas. We get this red headl...

We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a ...

Close proximity to a president ial election. We will hear from him throughout the day and the focus will turn to the jobs report. After u. S. Unemployment claims figures even this reading of the labor market we will be joined by larry kudlow from the white house for his reaction. Lets get to our main markets story. U. S. Stock futures continue their slide after the main gauge clocked its biggest plunge in three months, tech shares took in a selloffeating that knocked down the highest flyers. To ...

That. Lets get to bloomberg first word news in new york city with tika group to. Ritika good morning. The deadline for the president says if the bytok corporate cannot sell september 14, it will be shut down. Bloomberg learned a deal is unlikely by next week because new chinese regulations complicated negotiations with bidders, microsoft and oracle. The usdas telling drugmakers they will have to meet a higher standard. Emergency authorization for coronavirus vaccines. The agency will require mor...