Page 2 - Services Composite News Today

Will accept junk, recent fallen angels as collateral. Time now for todays market moving news from brussels in new york. We want to begin in europe, where the pandemic drove the economy to a record slump in april. Pmi Area Services completely decimated, falling to 11. 7. Manufacturing also dropped to 33. 6. Bloombergs maria tadeo joins me from brussels. Maria what you are seeing is that the Coronavirus Crisis is going to do a lot of damage to the european economy. [indiscernible] brussels tell us...

To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months...

Lifeline. We will hear from the Morgan Stanley ceo on the big 13 billion acquisition of e trade. Paul. Paul thanks, emily. Lets check on how futures are looking in asia. Looking like a much quieter day than yesterday. Sydney futures looking fairly flat right now. U. K. Futures looking weaker by 0. 4 . A bit of a move down in costly futures. We saw u. S. Markets ending modestly low. Concerns about earnings downgrade. More on that later. New zealand also trading right now. Currently flat. Emily th...

Bill imposing sanctions on chinese officials. Donald trump and Emmanuel Macron share Tense Exchange over turkey as World Leaders meet in the u. K. Brinarry page and sergey step down as the head of alphabet with Sundar Pichai stepping over stepping on sco. As ceo. Matt good to be back. We have seen real risk off sessions. Tuesday,nday and yesterday really lost a lot of ground. Now, we are down right there. We turned lower as we head into trade. Even though we see green arrows across equity future...

Constructive. It needs funds to help reduce a crippling total debt of 130 billion. The streets of hong kong, demonstrators clashing with police for a 16th consecutive weekend. Shery lets get you started with a check of the markets. Seeing u. S. Futures gaining ground,. 5 . This after the s p 500 lost ground on friday. We have seen stocks higher throughout the session. The we got reports that chinese delegation in the u. S. Had canceled their visit to u. S. Farms. That led markets lower. We had t...

Minister the right to negotiate the split from the european clear resolutions the trade war union. China to braces and no clear meeting insight as well as tensions around brexit and huawei and weak for a long struggle. Manufacturing data. President trump says any trade deal will be far tougher if he this points to how risky the trade war is for global wins a second term. Economies. In japan the nikkei down started. Get slightly. We expect pmi composites today. Look at the land the yen have the d...

Surveillance. I am Francine Lacqua. These are your markets. The one to watch out for is remember the is remember the. We are seeing stoxx 600 down to 6 . Eurodollar 11133. We are getting Euro Area Services for the month of july. That is pretty much what we are expecting. You can see that this move is also having an impact on s p futures, down from 1. 1 . A sick resources are the ones losing the most. Basic resources are the ones losing the most. , we will have plenty more from your markets. Lets...

Yuan down 477. Beijing sites protectionism as agriculturallt imports. Asian equities down the most since october last year. European and u. S. Futures point to another day of heavy license heavy losses. Hsbcs ceo steps down. Good morning, matt. Matt good morning. Less than half an hour away from the start of european trading and it will be a negative session judging by futures. Gold surging again back to the highest level we have seen since 2013 as investors seek safe havens. Look at the futures...

What will the imf chief bring to the role . Treasury yields a slide to a low as bets on global using low. President trumps new nominee for the fed are likely to support rate cuts. Pimco says the rally in risk and haven assets has the scenarios priced to perfection. So how much longer can they coexist . Welcome to the program, this is the European Market open. 29 minutes ago until the start of the equity trading day. Lets check futures. In terms of u. S. Futures, they point to something a little ...

David if they could get the pay equal to the americans we would have all would be all set. Finals on sunday, right . Scarlet yes, it should be a great match. Cant wait. David neither can i. Scarlet looks like were going to have a higher day on wall street, building on gains after the s p set two record highs the last two days. A lot of data coming up over the next hour and a half. Weve got factory orders, durable goods, i. S. M. Services and euros, slightly firmer against the dollar. P. M. I. Im...