Sides of the atlantic. 1 , tech00 up 4 10 of doing the heavy lifting. The stoxx 600 up 6 10 of 1 . Euro weakness today. It started before the durable goods number and the news out of berlin. Weakness in the russian ruble. Isssure from belarus increasing on moscow and the ruble is taking it harder as a result. Keep an eye on japan. There is a press conference with it is friday and fascinating to see where we go. European stocks lagging their american peers. This anlysts calling opportunity to shift investments from the United States to hear in europe. Will that happen or will that be missed . Scarlet it is kind of happening right now, and europe looks appealing because it is a diversification away from the u. S. Which is crowded, high devaluation, and trading highs. There is stimulus coming in europe, 27 member nations able to agree on more public spending , in contrast to what we have seen in the u. S. Fund flows for the biggest equity etf in the u. S. Got the itt since january, and si
The ballot. Hurricane laura is on the verge of becoming the most powerful hurricane to ever strike louisiana. Towards the u. S. Gulf. The eus trade chief steps down after criticism he broke virus regulations. It comes amid a rise in european cases. Rejectspain, and france the possibility of fresh lockdowns. It has gone 6 00 in london. 9 00 in downtown dubai. Good to see you this morning. We were trying to wrap it up with the rrrs. Risk, the rncly over the dnc. Political risk. The trifecta coalescing today. Lovely blog this morning. That upset the market week ago. Good morning. Annmarie good morning. Its not just a rome powell we are waiting on. We will hear from Andrew Bailey and philip lane. Will inflation become a moving target . For me, that will be the focus of jackson hole. Theres a number of other risks out there including the political, mike pence saying joe biden is a trojan horse for the radical left. Also, this hurricane. This is expected to really batter across the u. S. Gul
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
Air strikes reportedly targets schools in northwest syria one group says civilians must be given safe passage. Thank you for joining us the World Health Organization has warned of the coronavirus epidemic is escalating rapidly and action must be taken quickly to prevent it from becoming a pandemic this says the global reach of the virus continues to expand croatia austria and switzerland have reported their 1st cases and theres been an increase in the number of infections in south korea iran france and italy. This is a rapidly escalating epidemic in different places that weve got to tackle super fast to prevent a pandemic i mean its actually what china demonstrates is where this goes is within the control of our decisions to apply this kind of rigor and approach to to to this disease. Therefore more people have died from the virus initially taking the best toll there to 11 lets go to the home of general joulwan joins us from 1st of all mohamed what more can you tell us about the death.
Patients to end their lines. The rio carnival gets political parade participants taking aim at brazils far right government for its treatment of minorities and indigenous people. And by munich class chelsea and their 1st Leg Champions League clash find out why brits binge was sweet for the bare skin. Glowing cherry market good to have you with us the World Health Organization says the world is not ready to fight the new coronavirus known as coated 19 as the disease continues to spread to more countries outside china the w h os warning governments to brace for a possible pandemic. South Korea Remains the country with the highest number of infections apart from china officials there are racing to contain an outbreak that has swelled to around a 1000 cases. South Korean Children will be cooped up in their homes as schools across the country remain closed to combat the spread of coded 19 gun me raise office also closed leaving her to look after her 2 sons and try to keep them busy. And hel