Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of cases and the hospitalizations admissions doubling every 8 days theyre now looking at 6,000 cases a day and again theres been some talk of a potential second lock down there now they want to make sure that schools can stay open and that some businesses could stay open but just the threat of that, the potential for the second wave coming is enough to push all of the stocks in europe into the red. If you take a look at whats been happening with travel and leisure stocks they were down by 6 earlier
Expected to drop 24 year on year. The futures are looking slightly lower, down four points. We are looking at some of the currencies. As david would say in the last hour, the bloomberg dollar index is on track for its worst july in a decade. A more dovish start from the fomc. No big surprises from the fed, but the lower mantra weighing on the dollar. The dollar index is flat, at least for now. Wellussie in his flat as aussieyen is flat as well. We move on to the commodities and the yield story. The question marks around oil were in focus as well towards the end of play yesterday. You saw a reduction in the u. S. By about 10 billion barrels. That gave some support to crude prices and wti, currently flat. Gold is now 5 10 of 1 . The 10 your yield on year, still below 60 basis points. 57 is barely moved, risch. Rishaad yep. Global coronavirus case is approaching 17 million. More than 660,000 people have died now. The states recording 150,000 fatalities. California, florida, and texas post
A nice trophy or might get well go broke list. Why is it always white people who try to whites plain White Supremacy your fish really like president is not White Supremacy and you shouldnt be so quick to agree to give up your civil rights you never catch us saying ok well let you take our civil rights. That brings rather to that thanks for staying with join me for the latest headlines in africa. Reversers the kaiser of course but you knew that already hey you know what i think were right again. This is a good show because we get this we get to bash George Osborne which is always a fun thing for me to do especially here in the us right can do that without getting. My tookie stacey to be fair and balanced George Osbornes mother loves him she thinks hes the most amazing person on earth and in fact the beneficiaries of some of his schemes love him too because they got free money from the british taxpayer perhaps the british taxpayer is not so happy about the rest of the story and were goin
With updates for you in half an hour. Join me every thursday on the alex salmond and ill be speaking to guest of the world of politics or business im show business ill see you there. Was a report but you know that already hey you know what i think were all right again. This is a good show because we get this we get to bash George Osborne which is always a fun thing for me to do especially here in the us or i can do that i like getting. My tookie. Stacey to be fair and balanced George Osbornes mother loves him she thinks hes the most amazing person on earth and in fact the beneficiaries of some of his schemes love him too because they got free money from the british taxpayer perhaps the british taxpayer is not so happy about the rest of the story and were going to talk about help to buy this is a scheme George Osborne when he was chancellor of the exchequer introduced in 2013 march of 2013 you and i immediately did an episode and its called ponzi lottery and that is episode 4 to 5 and i
The kaiser report but you know that already. I think were right again. This is a good show because we get this we get to bash George Osborne which is always a fun thing for me to dale especially here in the u. S. Right can do that i getting. My. Stacy to be fair and balanced George Osbornes mother loves him she thinks he is the most amazing person on earth and in fact the beneficiaries of some of his schemes love him too because they got free money from the british taxpayer perhaps a british taxpayer is not so happy about the rest of the story and were going to talk about help to buy this is a scheme George Osborne when he was chancellor of the exchequer introduced in 2013 march of 2013 you and i immediately did an episode and its called ponzi lottery and that is episode 4 to 5 and i want to play this little clip where we talk about the ponzi economics of the u. K. As they point out in this case of Nicholas Levine he was running a ponzi scheme a ponzi scheme pays returns to investors f