Page 2 - Patrick Armstrong News Today

What an interesting market. It is not a normal july, and simply, it is not a normal friday. Gold almost touching 1900, better markets in the last minutes off the better than good pmi data in europe. Francine we had betterthanexpected pmi in europe, but also the u. K. It is not moving markets that much, but it is something to keep an eye on. Lets get to first word news with karina mitchell. China has dropped back, ordering the u. S. To close its consulate in chengdu because of the u. S. Decision ...

It is almost jarring. Back monday. Alongside lisa abramowicz, im jonathan ferro. Tom actually dropped me a message this morning at about 4 00 a. M. , looking at the price action and this rotation we have seen. I think its got everyones attention. Weve had a fake after head fake. Is it real this time around . Lisa every investor we speak to says buy any dip. Buy the big tex stocks on any dip whatsoever the big tech stocks on any dip whatsoever. Now people are going back into them. You have to won...

Explosion. Welcome to surveillance. Inm yousef gamal eldin dubai. Of, the riskon strategies it, but there is an interesting picture that is emerging here, the talk of a u. S. Capitol gains u. K. Jobsx, showing numbers as negative as they came through. That is being taken in stride. Up one point 72 on the stoxx 600. Real estate lagging. Now on a german data. Treasury drifting into a volume. 10year yield into a twoweek ,. 005. Commodity currencies have been advancing, but you are in a narrow range...

A lot going on in the markets. A lot of focus on the protests, not only in the United States but also london. Lets get to your markets. Stocks bouncing 0. 7 . A lot of focus will be on this deal when it comes to gilead, big pharma this is what i am looking at, crude oil. 40 a barrel. Oil extending the rise. A european stocks dropping as investors lets get to the bloomberg first word news. Francine. New york city is missing its curfew. This as the city prepares for life after the coronavirus lock...

Top 2 million for the top two weeks. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. This is markets. When you look at the markets, they seem to be focused a lot on hong kong. At the same time, u. S. Stocks are dropping futures. If you look at washington and beijing, escalating after china announced the National Security law. Oil snapped a sixday winning streak. We will also have much more. Lets get to bloomberg first word news in new york city with r...

The last halfhour or so. The morning started out on a grim note with initial jobless claims very close to 3 million once again. Of smallerixth week jobless claims, but nevertheless , at those rates, it is still pretty dire. The dollar index is stronger today. Weaker euro and weaker sterling, too. We continue to see gains in the oil patch. 37, and brent crude trading above 30 a barrel. Governor Andrew Bailey also seeing the bank of england is not currently considering lowering Interest Rates belo...

Tom it will be interesting to talk to fatih. We have the price actions and dynamics and future this is and futures that. What are they going to do about it . Derth, a absolutely complete mystery out there right now over what the next step is. There was opec plus, there was all the meeting of the World Leaders and that. And what i hear on a wednesday is just absolute thundering silence. Francine yeah, absolutely, tom. We were speaking to the former n. E. Chief executive and they were saying they ...

Down the fort. Action, and as well in those money market funds. I was looking at the statistics. Money market funds pulled in 150 billion this week, while surpassing the peak of 2008. That is where we are seeing the stresses this week. Everyone just wanted cash. Francine whats amazing also is that the conversation started with small and Mediumsized Enterprises that may actually need support. Are we going to have governments take over in chunks some of the Big Companies to make sure they are safe...

Cdc calls for stronger restraints to stem the coronaVirus Outbreak youre watching a special edition of squawk box. Good morning, everybody, im becky quick. Joe kernen and Andrew Ross Sorkin are live at times square. Youll see the dow futures, the s p futures, nasdaq across the board limit down after weve seen what the feds reaction is and wait for the market to open. Well watch the etfs, those are not capped at 5 down. You can see what the action would be right now the dow etf is trading down by...

More than 2 on the stoxx 600 great s p futures point to another day of decline in the u. S. On track for six days of declines and heading for lowest close since october and global stocks for the 10 year yield hitting a fresh record low. Yields are dropping across the u. S. Curve. The two year yield sitting around 112. To the euro missed the risk off memo . Three out of the past four days. 10947. It could be down to the broad dollar weakness. The yen has been big today along with gold. Saying we ...