Lower. Plus, scp is on track for its worst trading day in 12 years. The german Enterprise Software giant slashing revenue forecast of ongoing covid lock down for its business of course, the race for a cure Drugmaker Astrazeneca says its Coronavirus Vaccine triggers an immune response amongst older and younger adults carl david, well begin with that sap story, and asking if that is something european or something bigger especially for mega cap tech im struggling with the reasons for it very dismal outlook. Frankly, you could argue this stock is still too high at these prices which is substantially down 20 theyre talking about a cloud slow down. Can we understand that cloud has acsce accelerated every business when you upload an sap program in the cloud it does far less for you. There is someone who facilitates going from the private to the public you know something, i got to tell you, carl, this point stinks it does. I had the previous ceo on a coceo ms. Morgan and do you know three wee
Trillion dollars a massive investigation finds Financial Institutions facilitated corruption and Money Laundering on behalf of criminals. And the emmy awards autos the watchman again and again the h. B. O. Drama takes a lab in the emmys in a mostly virtual extravaganza well bring you the highlights. Im sumi so much going to its good to have you with us Foreign Ministers are meeting in brussels where they are trying to break a deadlock over imposing sanctions on bello were seen officials at president aleksander look at the block has a list of some 40 officials of blames for violence against antigovernment protests and electoral fraud during last months president ial election but cyprus is blocking up those sanctions because it wants measures to be taken against turkey. On a separate issue exiled better will see an Opposition Leader sped. Up the meeting in brussels she is trying to keep up the pressure on the International Community to take action and a short while ago she gave an impass
Nic lets come to you know we hear there that the impassioned plea from. How is her meeting with the e. U. Foreign minister is being seen there in minutes. What people are definitely following these talks in brussels and these sanctions plans i think most the opposition as we have money going to that this is a bit its a question of too little too late this is a regime that is being under sanctions time and time again and the time time again has set out those sanctions if there is a regime in europe that was prepared and had he been asked to broaden made other arrangements i think it is about a russian one but i think at this point this is about the symbolism the symbolism showed that europe is paying attention to whats going on here is following this i think the most important thing for people here was that europe has refused to recognize the results of that rejection that was the big deal this is now for some details really doesnt have that much in the way of hald power as its inabilit
Caixabank and bankia talk a merge. U. S. Futures are none volatile with job growth expected to grow in august a warm welcome to street signs. Happy friday it is all about markets. Wall street took a nose dive breaking a 10day win streak now the question, is this a start of a bigger rotation out of growth quality stocks into more valuable parts of the market which have underperformed europe stands to benefit thats the way many investors are thinking about it the cac 40 and the dax in positive territory. The spanish market performing very well. Getting a big boost looking to merge there. Look at the sectors. The major gains coming in the most cyclical part of the market banks up, travel and leisure, basic resources, auto round out the best resources the most defensive parts of the market underperforming, food and bev down apple shares in frankfurt fall wiping 150 billion off the market cap it speaks to the size of apple that it can lose that many man in one day we are looking at those th
Now. Broader markets also higher. Take a look at futures, dow futures currently up 250 points, thats about 1 , nasdaq futures up 92 and s p futures up 25. Stimulus standoff leading to the nasdaq lower by 185. Gold losing some of its shine. Tumbling 4 and a half percent yesterday. More tiktok security concerns this morning. The popular chinese app reportedly tracking user data for millions of people in violation of google policies. Plus College Football taking time out, the big ten and pack 12 postponing the fall season due to coronavirus. Mornings with maria is live right now. Maria and global marks this morning are mixed. Ftse 100 in london is up 48 points and uk economy falling into a recession after shrinking more than 20 in the Second Quarter, largest contraction reported by any major economy so far. The cac quarante in paris up 12 and dax index in germany lower by 18 points this morning. Check asian markets mostly higher on the session. Kospi index was higher as well as hang seng,