Strengthening as asiapacific nations signed the Worlds Largest regional freetrade deal. President trump plains fresh hardline moves against china. M a at the double. Pnc financial agrees to buy a usa unit for 11. 6 billion and creating a european giant. Very good morning to you. Market,to bloomberg the european open go lets get the european open. Revenues coming in at 21. 4 3 billion euros, just a touch ahead in line with the estimate, reaffirming their cash flow guidance for the full year 2021, something perhaps to have that kind of visibility at this point. They say they are on track to ipo. This has been a talking point, what kind of money were they going to raise . There has been talk of perhaps a 4 billion euro ipo coming next year. , it hasthe same unit been valued by some at 20 billion euros. That would make it the largest listing in europe in more than three years. We will be keeping an eye on that. Vodafone said they are on track with that plan. Marketst to the broader and loo
Recovery fund today. France and germany push for an agreement by next month. Its cio. Suspended coo. The stock plummets 67 after a false delay to the report. Good morning, everybody. We are just under one hour away from the start of the cash equity trading day. The final day of this week. It is friday. Thats have a look at the futures and what they tell us right now. We dont see a great deal of movement in any of these markets. European futures suggest a little bit of movement to the upside. U. S. Futures suggesting some movement in an upward direction,. 5 . They do seem to be improving as we go through the last hour or so of the trading session in asia. If we put up the gmm, you can see we are up we are up by. 2 on the msci asiapacific. Making some modest gains. It does seem the risk rally has come to some kind of a pause. Fatigue. Maybe that was the best way to sum up what was going on. Said, it does seem as if Global Equities are oncall to make some global gains, at least for the we
Brazil records its highest number of daily coronavirus cases and approves the use of an untimely leiria drug despite warnings about the risks. Thank you very much for joining as i knew standoff could be brewing between the United States iran and venezuela over a shipment of millions of dollars of fuel 5 Iranian Oil Tankers are just days away from arriving in venezuela to help ease your shortages said lexie obrien has a report in the venezuelan capital caracas the queue at the petrol station can last for days or the import all important to get this is the richest country in the world and we should not be like this because there is wealth there is oil there is everything. The shortages have plagued venezuela for years ever since its 1300000 barrel a day refining network collapsed which critics blame on underinvestment and mismanagement by the state oil company now president Nicolas Maduro has turned to iran for help for fuel itself and chemicals to help get the oil industry back on track
Economy and hong kong a top of the agenda and an appetite for business our vendors at malaysias ramadan bazaars are finding new opportunities despite coronavirus long time restrictions. I am. A new standoff is brewing between the United States iran and venezuela over a shipment of millions of dollars of fuel 5 Iranian Oil Tankers are just days away from arriving in venezuela to help ease petrol shortages that his way his own Oil Refining Industry has collapsed because of sanctions as well as mismanagement alexey obrien reports. In the venezuelan capital caracas the queue at the petrol station can last for days. This is the richest country in the world and we should not be like this because there is wealth there is oil there is everything the shortages have plagued venezuela for years ever since its 1300000 barrel a day refining network collapsed which critics blame on underinvestment and mismanagement by the state oil company now president Nicolas Maduro has turned to iran for help for
Quickly after the crisis, as u. S. Jobless claims could hit in even bigger number than last week. And daily fatalities continue to rise in spain and the u. K. , as france proposes an economic rescue fund. Lets get the markets. Sixttle weakness in asia, a percent drop for the s p 500 over the last two days. Futures are positive, though, up over 1 , and european futures pretty much unchanged. Its difficult to look at fundamentals, for where equities go. A lot of people looking at technicals, saying there is a range we could fall into in the next few weeks. Is10 the 10year yield steady, but if we see a renewed selloff in equities could more money move into treasuries . The bloomberg dollar index is steady today with yen weakness. Have we found a floor on oil . We are bouncing back a little above 21 a barrel for wti. Now, a classified u. S. Intelligence report seen by bloomberg says china conceal the extent of the coronavirus outbreak within the country. U. S. Officials suggest beijing int