Investors are awaiting the latest gdp data from china. Growthrg economics sees above 5 . And then just send a rv and dens historic victory. She is considering a new coalition. We have s p and nasdaq futures. You can see the and the view shirts are actually about a third, and they were pretty flat on friday. The s p 500 at 3483. The nasdaq took a bit of a beating. Was not the usual biggest day ever. Keepler sentiment helped stocks from really falling. Lets move to the oil markets. What we have here is an advance on the on the week shrinking u. S. Crude stockpiles. At what isok ,appening in the week ahead what are they going to do about their plans to cut production, boost prices. This is the big question as the week begins. Haidi lets look at gdp. The kiwi stocks are at 7 10 of 1 . Warre looking at a tug of situation. The aussie dollar rebounding ardens historic victory. She has a mandate to govern alone, but apparently this will continue. There may be an upside of half a percent. Incre
Facebook. Fears of celebrity boycotts. And jp morgan has said to have sent some manhattan traders home after positive covid test with plans to restack. Jamie dimon says work from home will cause lasting damage. 6 00 came in london, and a call over the past 24 hours, from the two veterans of markets. Gross. Y dalio and bill its about debt, deficits, and inflation risk. The veteran mindset, the warning shots are plenty. Annemarie good morning, manus. Certainly in different ways both these titans as you say are playing those risks. For ray dalio, he said the dollar is under threat. My question is, what would become the global new king currency as he makes the point in his interview with erik schatzker, the three major currencies all have the same basic problem. Gross, for him its about becoming more defensive, isnt it . Manus it is. We will pick up on the trades in just a moment. Do with to corresponding cash having negative rates. Lets see what our guest host makes of that trade. Take it
The dollar down is dead, people are beginning to upgrade their forecast on the dollar. The german 10year yeilds are unchanged. A lot of volatility in the equity markets and the foreign exchange. Bond markets are remaining repressed but the Central Banks are doing what they are doing and that is no surprise. Alix a few weeks ago we are talking about 120 for the year. Let us get the latest on the virus resurgence. The french government expected to announce new measures including restrictions on alcohol sales plus public gatherings. Joining us now is maria. Dig into what we can Pay Attention to. We know that the Health Minister will give a press conference and we know that there will be more restrictions, and this is the thing to highlight, this is not for the entire country, but for the region and city of paris, because the population density is high and that is where cases are spreading fats. What they are going to say is you have to scale back social contacts with other people and when
As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste
1. 5 ct for the s p tumbled and the nasdaq hit harder in a couple of minutes. Treasuries and the yen gain. Money floods into safe hane assets it is a president s positive test acts as a wakeup call for markets. Good morning. Just under an hour away from 60 minutes away from the start of cash and equity trading in europe. We do see drops more than 1 in European Equity Index Futures. We were looking at some positive numbers just an hour ago. Take a look at the u. S. Futures. Down with the nasdaq underperforming. 1. 9 . And dow off anna we see reaction to these stunning headlines that have taken the markets by storm. Gripped the market. Dictating many over the moves that were seeing. Beware many of the markets in asia are closed. What we have open in asia is japan, australia and indonesia. We saw instant negative reaction. Nasdaq futures down by as much as 202 in the initial place where we saw the news breaking. We do see negative riskoff reaction. We see money going into the dollar and c