Today, without question, on washington. Jonathan absolutely, and the response from washington both inefficient and insufficient with the president and a series of executive orders painting the democrats into a corner. They dont want to be seen challenging this legally. They need to find a way to get back to the negotiating table fast. Tom the executive order and the news out of hong kong as well. He didnt have time to get to it with kevin cirilli, but we may have a Vice President ial candidate today . Jonathan it has to happen at some point this week and the readthrough for this market will be interesting. Many people think this will be the next candidate for the presidency because the former Vice President will be a oneterm president if he even wins in november. Everybody will start reading into the vp pick. Itching to sayre this man is a trojan horse for the radical left. The cbs poll shows things tightening up a little bit off of democratic enthusiasm. Paper, theitmus system of Fore
Jackson hole goes virtual. Jerome powell gives an update on the central Bank Framework review. We hear from bank of england governor Andrew Bailey and ecb philip lane. No more lockdowns here. Italy joined france and spain and rolling out another nationwide shutdown. Despite rising cases in all three countries. Global infections past 24 million. The eu trade chief phil hogan quit after growing criticism that he broke my wrist rules by going to a golf dinner. Just under an hour away from the start of cash equity trading in europe as hurricane laura makes landfall in cameron, louisiana. See european futures swinging back and forth between gains and losses. Right now, dax futures up about 1 10 of 1 . The futures doing a lot of nothing. A bit of a stall after global stocks really had an alltime high again yesterday. I want to bring you some breaking news on wpp. The second quarter, organic sales at the advertising behemoth down 15. 1 . This sales hit was something that investors were focuse
Hong kong Police Arrest a media tycoon and prominent activist jimmy lai after the u. S. Penalizes the citys chief executive carrie lam. 15 ,s in next digital get dip 50 only to reverse losses. The inflation debate. Investors look ahead to u. S. Ppi and cpi as global debt with subzero yields top 16 trillion. A ton of negative that out there. Bob prince tells bloomberg a pickup in inflation would be mind blowing. Frome under an hour away the start of cash equity trading in europe. Lets take a look at futures this morning. Looking at gains across European Equity indexes,. 8 of the gains you seen on the widely traded euro stoxx 50 futures, also on ftse futures. In london. Dax in frankfurt. Looking at games on the u. S. Futures picture. Tradings p minis stronger than nasdaq futures, but you still see green arrows, so it could be a risk on monday to kickoff the week. Lets get the first word news with laura wright in london. Gates billionaire bill says it is mind blowing the u. S. Has not imp
, with Karina Mitchell. Karina joe biden and Kamala Harris gave made their first appearance as democratic running mates, criticizing President Trump for his failure to respond to the coronavirus pandemic. It could be one of the few times they campaign together. Pandemic have pandemic restrictions have limited his in person events. President trump can make his nomination acceptance speech from the white house or executive residence, according to an advisory opinion. Generally, Government Employees engaging inrom political activity while in a government building. Airbus, the Trump Administration is imposing extra tariffs on some goods from germany and france. At the same time, some products from the u. K. And breeze and greece are taken off the tariff list. Extra tariffs are being allowed because of the airbus dispute. In the u. K. , Boris Johnsons Government Faces a coronavirus pandemic. If it withdraws massive support for jobs and wages too soon, it could tip the u. K. Into an unemploy
Full circle. Rally, caps its 50 briefly touching a record before closing just below that level. The 175 days between peak to trough and back to peak make it the fastest rebound in history after a crash. Stepping up to the pressure. The u. S. Says it will impose extra tariffs on some eu goods from september 1 in its longrunning dispute over illegal subsidies in the airbus case. Plus, no compromise. Democrats and republicans point the finger at each other, as the stimulus debate gives way to electioneering. The two sides still remain trillions apart. Just under an hour away from the start of cash equity trading in europe. We are looking for german Consumer Prices. We are seeing actually a drop month over month of 0. 5 . If you look at wholesale prices from a year ago, there is a gain of 0. 5 sorry, wholesale prices from a month ago. Prices, 0. 5consumer percent drop, wholesale prices, 0. 5 gain. From a year ago, we see wholesale prices that dropped 2. 6 in july. From a year ago, the drop