The cash trade less than one hour a day away. Stocks push higher as u. S. Coronavirus hospitalizations dropped, even as global cases top 20 million. Fresh stimulus remains elusive though, as President Trump looks to cut the Capital Gains tax. The earnings season continues, with numbers from heavy hitters, like softbank and prudential. Plus, we will speak with several ceos. Plus, ready and able, the bank of england. One member tells the times the bank will step up their q. Week q. E. Am their anna, what are you seeing . Anna good to see you. It had beenw where anticipated, 3. 9 . Threemonth rate, of course come with expectation that we would end the threemonth period to the end of june at 4. 2 . This is better than what had been anticipated, but remember, there is a challenge in terms of being able to reflect the unemployment reality on the ground. This number has been protected from rising to a large degree, for better or worse, and that means we still may be seeing a surge in unemploy
Security law over hong kong sparks outrage from the opposition. We will be live in beijing at the National Peoples conference with the latest. President trump, a pledge of retaliation. The hang seng leaves asian stocks lower as u. S. Senators lower rates. And the fed could hold further guidance until the fall. Bets on a boe journey toward up support for small business. We are just under an hour away from the start of cash equity trading in europe. We will take a look first at futures after the hang seng fell 5 . Youre a stocks, ftse, and dax futures all down one euro stoxx, ftse, and dax futures all down 1 or more. On the majorps European Equity indexes. In terms of u. S. Futures, halfpercent drops, basically, across the dow jones, s p, and nasdaq futures contracts. It looks like it could be a negative open, even before we talk about big budget deficits. Anna indeed. Lets get to some of the earnings. We get some numbers out of burberry, the luxury clothing business based in the u. K. ,
With the us continues to bite. And. Machines with a sense of touch. Well be visiting a university developing an electronic skin which is 1,000 times faster than the human nervous system. And well be talking to one firm working with thousands of Tech Companies to try and boost diversity. Last week we brought you the story of the 120,000 bananas sold as art. Its now been eaten. What is the most expensive thing youve eaten . Let us know, just use the bbcworklife. Hello and welcome to worklife. The art world is literally going bananas and we will get to that story later. We often hear it said that governments around the world should take more of a lead on tackling waste. The french Authorities Say they are doing just that, and are hailing their new anti waste law as a world first. Its still being debated in the French Parliament but are the proposals Ground Breaking . The french government says its promoting a circular economy, by banning the destruction of unsold non food items. This cove
Prime minister also proposes a three day schedule for the votes. Trade talks on track. President trump says negotiations between the u. S. And china are advancing ahead of next months apec summit. Will they be ready to sign a deal . And ubs Wealth Management assets reached a record high with rich clients adding nearly 16 billion in the quarter. Sergio ermotti strikes an upbeat tone. Still a very Challenging Market condition. Am glad we were able to grow solid performance in this difficult context. Matt less than a halfhour away from the european open, im taking a look at the pound. You can see threeday trade, maybe its more exciting if i put it into a six month perspective here. And bouncing1. 2975 along under the 1. 30 level. We have broken it yesterday for the First Time Since may 10. Take a look at futures. We saw this morning a mixed picture in futures, a lot like the mixed picture we saw in asian stocks. Dax futures and cap gaining. Ftse futures down. You see these numbers are so
Reached an agreement over trade. Financial markets in europe look like this right now. The price of oil has edged lower. We will talk you through the winners and losers. And cashing in on the growing Education Market well be hearing from a maths tutoring business which has added up to an empire worth hundreds of millions of dollars a year. And we want to hear about your box set guilty pleasures, after netflix reportedly agreed a half billion dollar deal to show old episodes of seinfield. Today we want to know, was it worth it . Whats your favourite binge watch . Get in touch just use the hashtag bbcbizlive. Mine is frazier, for the record. Hello and welcome to business live. Im with you, brazier is very hard to beat. Lets focus on another big name that you have all heard of, apple. One of the worlds most valuable tech firms is heading to court, in a bid to overturn a multi billion dollar tax bill in ireland. Its part of a landmark case in the eus efforts to close tax loopholes by multi