You from the bloomberg terminal. American contagion. The u. S. Records its biggest ever jump in new virus cases. Governors reverse plans to reopen their states. Powell puts his foot down. The fed dividends bid buybacks. Buybacks amid uncertainty around the pandemic. Wall street giant slide in late trading. An elaborate fraud. Auditors accuse them of a sophisticated scheme to hide billions of euros. Visa and mastercard consider cutting ties. Just under one hour away from the start of cash equity trading in europe. Lets take a look at the futures as they are trading now. Yesterday, we closed slightly in the green. The u. S. Also rose and rallied into the close on news that banks would get a little bit more room from regulators to trade and be able to use more of their capital buffers, so diminishing the volcker rule, helping in the u. S. European futures are up as well as we get headlines that klm is securing a 3. 4 billion euro bailout from the dutch government, so we see more hope of s
Further. Bp shares jump after it sheds alaska assets for 5. 6 billion pulling out of the state after 60 years as it seeks to boost its Balance Sheet thomas cook agrees to key terms of a rescue package with stake holders sending shares sharply lower as brokers warn it may lead to a delisting of the stock a very warm welcome to street signs big day in italy not only on a political front but we have a little bit of data on the confidence front we have Italian Consumer confidence for the month of august thats fallen to 111. 9 versus july at 113. 3. In terms of business confidence, that has fallen to 98. 9 versus 101. 2 in july so that is below the 100 level. Thats fallen to 9. 7 a ton census looking for 99. 8 and thats dropl whiche have seen in july. So moral taking a hit. He called the end to the coalition and called for a snap election now you just saw there on the screen, the euro trading slightly higher versus the dollar you can see its fairly resilient. Let me bring you up to speed in
Salvini says he wouldnt change a thing. I would do everything that i did again. Everything im a freeman. I dont fear italians judgment. European stocks bounce back while u. S. Futures point higher as investors await minutes from the july meeting the u. K. Prime minister prepares for a European Tour with stops to meet Angela Merkel and emanuel macron near mateo, you take a great responsibility toward the country. You announce this crisis asking powers to rule the country and again recently i urge the people in the square to support you this idea is preokay yccupying. He was delivering a bruising attack during his resignation speech he accused the leader of being selfish and manufacturing a political crisis when he decided to and took aim at his use of religious symbols now he hit back saying he does not regret his actions. I would do everything that i did again. Everything im a freeman and i dont fear italians judgment. The man road is the way to the elections because nothing and no one
China. Xi jinping ahead of talks with President Trump before the g20. Bayer shares jump as the German Chemicals group bolsters its legal team to address a multibillion dollar litigation challenge around its roundup we weed killer. And h m reports sales of its summer collection are off to a strong start with the firms shares on course for their best day in three months. Good morning a bit of italian data this morning. Italy june Consumer Confidence numbers are just out theyve fallen to 109. 6 verses a consensus of 111. 3 this is the lowest italian Consumer Confidence number since july 2017. Overall Business Confidence has also fallen to 99. 3 versus 102 in may Manufacturing Confidence has also fallen to 100. 8, slightly below consensus of 101 also lower than in may that will paint a picture of slowing confidence in italy. That is the picture for euro, returning flattish around 1. 1370 there hasnt been Much Movement in the euro. The story has been one of dollar weakness rather than Euro
Called it hypocrisy and promised that his vassals and cronies would continue to carry out his orders, in particular during the socalled svo, a special military operation, and here somewhere around the same moment that putin made a speech to his supporters, his assistant, vladimir of medin, came out, and he announced that he was ready to personally. Go to negotiations, to peace negotiations with ukrainina, if he received a retribution for it, when he was told about it, he would be given instructions , lets go, said the propagandist of the mydinsky tv channel, to the propagandists from russian life, well, thats it, something already , you understand, china has left, in the west there are increasingly frequent statements that it is necessary to. Finally bring ukraine and russia to the table negotiations, and here putin is talking about what he does not mind, and medinskyi says he is generally ready to go to meet with ukrainians. And in conclusion, when you have a lot of oil and gas, altho