Steve Englander News Today

Current plan. Stimulus will focus on active purchases on longterm loans. A move comes after months of a near fivefold rally in the stock which just soared. 9 00 a. M. In dubai. 6 00 a. M. In london. What is a vaccine . Essentially a hedge against lockdown, if it is delivered in a timely and high efficacy manner. Medley Global Advisors put this together. Starting toion is look like a syncopated move. Vaccine moving into the next trial period is going to help the situation. That is the backdrop to...

Quite a lot going on in the markets. Quite a lot going on in the u. S. President ial race, certainly in u. S. Politics with President Trump tweeting i think 25 times yesterday, not mentioning his wife or a lot of the white house staffers that have been infected with covid19 and saying that we should not be worried about it. Certainly, it will play out in the election. European stocks are struggling a bit for direction following yesterdays broad market advance. We are looking at dollar per much s...

Return back to this market. I guess if you are an investor going long, you have to be happy with what you have seen over the past few days. Caroline down in volume. Very much the build up toward labor day. Managed to rise 12 points. Overall, it seems to be all focused on neverending buying. Out, a we should Point Company here, big commerce holding, this just went public at the start of this month. It was up 37 today. This is basically going to be the software behind this ecommerce storefront. Bi...

Bailey and also to chairman powell. Yesterday, the continued inflationary trend and the outright deflationary trend in switzerland. The numbers in europe in inflation on price change are simply grim, and you are dead on about unemployment. Overnight, Goldman Sachs readjusted their Unemployment Rates, and they get Steve Englander of Standard Chartered bank, a stunning statistic, francine 25 Unemployment Rates modeled out now by Goldman Sachs. And of course we get claims at 8 30 this morning. Fran...

2. 15 on a 10year. Kevin and can you stay long in the e. C. B. Meeting on thursday . John mentioned gasoline. At one point it was over 2 a gallon. The issue now is are we going to have the supply . Colonial pipeline has shut down different supply to the east coast. That could be an issue for this driving season, so watch that commodity. Copper, nickel, zinc all on the upside on that better manufacturing data out of china. Those metals have been a killer month. Copper had the best month, highest ...

Dovish fed, the spread continues to steepen. That is more on tax reform, 78 basis points is the difference. The pound just turning positive. A macronmerkelmay lovefest over the past few days. I do want to bring in breaking news over the last half hour from ge, a huge mess on earnings at . 29 a share versus estimates that . 50 a share, and it cut its fullyear forecast. The oil and gas environment remains challenging for its spinoff of the baker hughes ge business. What was the huge mess on earnin...

Manus you are welcome. This is bloomberg daybreak europe. Our flagship morning show. I am manus cranny in the city of london. Anna edwards is on her way to the Supreme Court on the article 50 rolling. This is philips which has itselfed it divested an organization. The Fourth Quarter adjusted comes in at a billion euros. In line. It is a slip below. A billion euros is what we earned in the Fourth Quarter. It will maintain a dividend of 80 Cents Per Share in line with what the market had anticipat...

Over in europe, snapping back, all of yesterdays post, up 1. 2 . The dax fell. Eurodollar, 112. That is not much ammunition. They need for the g7. It is a weaker japanese yen. Yields up a little bit. That is a market that is stabilized. Up a basis point. David lets check in with our bloomberg team. Mike mckee in new york on a possible summer rate hike. We will look at Goldman Sachs to annual meeting we will look at goldmans annual meeting. We will begin in paris with egyptair bound to cairo boun...

David and maybe give us an indication whether we can keep that stock rally going. Alix indeed. We have great guests including dan yergin. He will reveal how the outcome of the president ial election could impact the shell business and his outlook for oil prices. And pimlico c. I. O. Will join us and take us through the u. S. Open. The market really calm today. Jonathan very calm. The dbacks down. 1. A quiet turn to fridays trading. The bloomberg dollar index, about a 10th of 1 . Year gild yields...

Cousin will mama and Danny Blanchflower. I mentioned the risk on rally that we have seen, yes, it is sustainable but not when it comes to dollaryen. Jonathan futures positive for tents. Dax, the ftse 600 up. The bloomberg dollar index is down about 2 10 of 1 . Dollaryen on the back of the but thinly we rolled over, unchanged on the session. Market,ook at the bond twoyear yields up for basis points in japan at the frontend. They did not cut rates, they left them at 0. 1 0. 1 . Is moving away to t...