Biden is joined by his former boss barack obama in the crucial swing state of michigan. By money in saeeds this is al jazeera life from die hard also coming up. Another lockdown for england this time for one month as it like all the European Countries grapples with spiraling coronavirus infections. The counting is underway in georgias parliamentary elections. The 1st action hero after a career that spanned 5 decades sean connery dies at the age of 90. Just 3 days out from the 2020 u. S. President ial election both candidates are making a final push in key battleground states right up until polling day President Trump is holding the 3rd for rallies in pennsylvania hoping to cling on to a state that he won by just one percent back in 2016 hes told supporters his opponent off is no future for America Biden will imprison. Your people your families in your house well letting rioters roam free and loot your streets or loot you still are under barred and there will be no school no graduations
And is it time for a change in algeria polls have just opened in a referendum to rewrite the constitution. We begin in hong kong where 7 prodemocracy politicians have been arrested on charges related to a Legislative Council meeting more than 5 months ago the group is accused of contempt and obstructing a session police have not ruled out making more arrests devika pollen is live for us down hong kong d. V. S. These are politicians not protest is remind us of the background to this the meeting that say its all of these events in motion. Why apologies we seem to have lost their we will try and bring her back if we can. To get a little more on that story about those arrests in hong kong for now though lets move on at least 4 people have been killed in super typhoon gorney one of the most powerful this year hits the east and philippines. It crossed the coast with catastrophic li violent winds gusting up to 280 kilometers an hour about a 1000000 people have been moved from its path the pow
Forecasts. The top lines are up. Revenues up 4 if you look at the activities. Despite the impact iag luke to raise 3 billion euros and klm unveils an operating loss sending both shares into the red. Six years of growth wiped out in spain as gdp drops in the Second Quarter but the French Economy shrinks less than expected down 15. 8 . Happy friday welcome to street signs. Weve got a lot of earnings to get to lets talk gdp first weve heard from france and spain. Now numbers from italy preliminary q 2 gdp slank quarter on quarter less expected a value. Theyve advised their q 1 estimate of 5. 4 contraction quarter on quarter and 5. 4 year on year. Slightly worse than anticipated. Q 1 marginally worse but q 2 better than expecting. An unprecedented slump for italy but the takeaway better than analysts had feared. Not quite as grim as the market had been bracing for looking at the euro gaining ground currently trades around 118. 77 we have the france and spain numbers. Spains economy shrunk
Since at least early 2016. King dollar continuing to shine. When we came in this morning, we had that big story overnight out of hong kong come out of china with the markets there taking a dive for the worst. Didnt appear to be any real news, any catalyst, but the structure of things going on in terms of the economy over there, as well as the geopolitical situation in hong kong. Guy lets talk about whats been happening here in london. There has been an incident within the last halfhour thats taken place on London Bridge. The scene of a major terrorist attack couple of years ago. It is about 800 yards away that way from where i am standing right now, right on the edge of the city, the financial district. Not much reaction in the british pound. Financial markets have sadly become used to such incidents taking place. The police are telling us a number of people have been injured and a man has been detained. This comes as we prepare for the general election, which is going to take place in
Made an offer to buy the company. Josh brown, Wealth Management. Josh, great to see you today. Whats going on s p and dow basically hugging the flat line right now, taking a breather, i guess you could say, from the record run we saw earlier this week. I think you nailed it thats exactly what i see going on indices are stalling out given the runup, i dont think, should be a huge surprise. Rates are higher, which is interesting. Lot of the big winners of the year, like iyr, xlu. Anything rate sensitive also taking a breather. Xlf is falling out, the financials indexing etf got above a 70 rsi for the first time in i cant remember how long thats an overbought index when was the last time we were talking about the banks being overbought you have this confluence of things its perfectly natural keep in mind the big picture caterpillar, the whole industrials xli, etf, all hit new 52week highs yesterday. Honeywell, new highs these are things that do not happen in the context of a bear market o