The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a correction in the highflying tech sector. We saw u. S. Stocks falli
Was 25 n the s p 500 better than average over the last month. We are waiting on the let us check of japan, as the pandemic puts more pressure on the economy already sliding into recession. Inflation numbers are due at this hour. Haidi lets check in on the markets. We had a pretty tepid handover from the u. S. Stocks edging higher. Volumes still below what we have seen over the past month or so. Very much a rangebound trading session. We continue to seek a new catalyst. We continue to see rising cases across the u. S. , driving the idea of a second wave. Beijing struggling with a second wave as well. Conflicting data not giving a great deal of intel as to what the future holds. We are dealing and upside on s p futures, up about. 3 . Nikkei futures also a little bit higher, japan weighing the frostburg of reopening. Also the potential demise when it comes to tourism. Sydney futures are a little bit to the downside at the moment. We could see a modest bounce at the start of trading here i
Standoff over highway checkpoints native american tribes clash with the republican governor in the u. S. State of south dakota. Another snag for the largest hydroelectric dam in africa sit down rejects ethiopias plans to start filling the reservoir with water. And parts of a Chinese Rocket crashed to earth in the most significant uncontrolled descent of space junk in decades. The European Union is urging leaders to reopen borders closed because of the coronavirus pandemic tourism makes up 10 percent of the blocks economy and the e. U. Says the industry is now at the risk of collapse unless urgent measures are taken natasha bottle reports from power. A glimpse of war going on a holiday in some parts of europe will look like this summer barriers separating sun loungers on the greek island of santorini not the beach experience the most holiday makers a used to but one that complies with new social distancing rules we hope these barriers wont be the future for beaches we dont want this but
Wall street is in party mode now that joe biden is the front runner in the democratic race because they know that if he gets the nomination they have nothing to worry about do they fairly that ferran cousins from trial lawyer magazine to talk about this whats your take on this it was like party on wall street there they were popping champagne corks and this you know it was just so obvious that they love this guy because they know hes not going to change anything for right right we we went through days and days of just the stock market tanking because of kobe had 19 and then suddenly joe biden 1st gets the endorsements from club charm buthe gedge and at that point the Health Care Stocks on monday of last week took off super tuesday happens market opens wednesday to a huge rally and these investors the economists they all say its because of bidens victories. And some of them some of them who run the financial houses out there actually said this happened because joe biden is not going to
Immigrants for i. D. Theft and later in the show trucks been boasting about his new u. S. In c. A trade deal but a major loophole gives american oil and gas firms a leg up when doing business of all dont go anywhere americas war starts right now. Wall street is in party mode now that joe biden is the front runner in the democratic race because they know that if he gets the nomination they have nothing to worry about do they fear and that ferran cousins from trial lawyer magazine to talk about this whats your take on this it was like party on wall street there they were popping champagne corks and this you know it was just so obvious that they love this guy because they know hes not going to change anything for right right we we went through days and days of just the stock market tang. In king because of covert 19 and then suddenly joe biden 1st gets the endorsements from club a charm booted judge and at that point the Health Care Stocks on monday of last week took off super tuesday hap