Economists expect a bond buying to exceed 3 trillion euros this year and the next. Twitter shares fall after hours on when unprecedented hack of the accounts of prominent u. S. Figures, including elon musk and bill gates. Ceo jack dorsey calls it a tough day. Welcome to the program. A tough day for jack dorsey. We will get into that story a little bit later on. Just under an hour to go until the start of cash equity trading on this thursday morning. Lets look at European Equity market futures, u. S. Futures. All of that pointing a little bit negatively. It seems some of the optimism around vaccines that dominated trading yesterday, some of that has waned just a little. Replaced by a mixed picture signals on geopolitics and the chinese data. Lets get to some breaking news. We have european Passenger Car sales dropping by 24 in june. European car sales, the slump slowly eases, believe it or not with a 24 jump. The recovery has been taking place now for a second straight month, leaving ma
Covid19 throws the banks. It will be harder to hit that in 2020 we see the beginning of a Global Economic impact. Wpp shares plunge after the british media group plunge from a sales slow down and warns that 2020 will be flat despite the Company Delivering a solid set of numbers cfo tells me they are monitoring the situation in china with coronavirus. We dont see a slow down. We see a postponing or delays. We dont see a slow down in growth in china compared to 2019 urs futures pointing to a sharp open a california resident has contracted covid but does not know how the patient constituted. This could be the first time persontoperson transmission occurred in united states. For the first time, more new cases were reported outside china than inside. Norway, pakistan, italy and koran. Croatia, spain and barach also reported new cases looking at the stoxx 600 essentially flat the main benchmark now 1. 8 lower. 2. 2 investors pairing back losses and introducing more stabilization. The number
Awaiting in a valley a valuation for aramco. Branch toall of business. The u. K. Prime minister is set to office tax cuts when he speaks at the cbi annual conference and we are live at the event. A ban onng court rules facemasks is unconstitutional. The hang seng trades higher. Good morning, everyone. I am live from the cbi annual conference. And interestingly enough, this is the first time great to have you back, this is a percent they have been holding their annual conference in the midst of an election campaign. A lot of Political Uncertainty is hanging over this. The election will take place on december 12. We are used to holding it amidst the uncertainty of brexit. Boris johnson will be here later on perhaps offering and all of branch to business. Talking about property and r d. And in with that comes his deal on brexit. And on the other side, we have sir Jeremy Corbyn from the labour party who will also a here. He will be talking about taxation and adult education. Leaders attend
Certainty around. Violent clashes grip hong kong as police and protesters engage at a fierce battle at the University Campus while a High Court Rules a ban on the use of face mask is constitutional. Saudi aram moe highly anticipated falling ipo. And spanish boris becomes the center of a bidding war as its a 2. 8 billion euro offer for the exchange moments after they confirm takeover talks. Tlok the program, happy monday the ministry of commerce in beijing said that telephone talks between chinese and u. S. Officials this weekend were, quote, constructive. They focussed on each sides concerns about a preliminary trade agreement. We all know thats a phase one deal the Ministry Said that u. S. Treasury secretary Steve Mnuchin and Robert Lighthouser requested the conversation with their chinese counterparts and both parties agree to stay in close contact. Reuters reported that the Trump Administration is expected to once more extend the ability of u. S. Companies that do business with Chin
Whoever starts one will not finish it. Wait, wed we work, we worry. Pressure mounts on the ceo of in the u. K. , the collapse of thomas cook leaves thousands stranded. Matt good morning. We have not escaped worries about trade concerns regarding a farm trip. We have been and reporting that the u. S. Requested that but we are also told it does not mean anything is going on that is bad between the trade talks. It has nothing to do with the trade talks as we look ahead to the facetoface meeting on october 10 after the working level talks last week. That is not stopped the asian stocks from falling. Closed today. S asian stocks coming down. Biggest losses in hong kong. Mscia look at the asiapacific and index that following this morning as well. And looking at u. S. Futures, they are up. Reading thes are signals differently or maybe Something Else is at work sending asia down but making traders optimistic for the opening of u. S. Trade. Is strengthening a little bit. Coming down to 7. 11. G