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Research and we will talk about inventory numbers. The equity strategists are just reluctantly upgrading their target and we will talk to new and we will talk to them on the hour. Guy hes a 2900 on the markets at 31 so we will see what happens. As you mentioned, its an interesting day in the u. K. , the pound is getting a minor boost, the market is really shrugging its shoulders as we have seen radical plan to save the economy. How radical is it . Heres the chancellor of the exchequer. I want every person in this house and in the country to know that i will never accept unemployment as an unavoidable outcome. Here here. We are not in everything we have done so far just a step back now. In truth, the job has only just begun. Its a 30 billion bound program, again the pound shrugging its shoulders that what we heard. Guestfind out what our says. Is that the right reaction . Why is this enough to move the pound . Else, the as anything focus is slightly elsewhere. Brexit talks happening sep ....
Saudi aramco with a crash as the bite in crude faces its bottom line. Defining a trend in the Energy SectorBoris Johnson facing criticism over his return to work guidance. The country looks to gradual reopening. Well talk about the lockdowns effects on the economy thank you for joining us weve been watching on the market today they have fallen 10 after the steel giant saw its net loss widen to nearly 1 billion euros in the second quarter. The coronavirus hit all of the business lines from steel to car parts. Lets get out to annette for more typically, some companies will try to sell assets, which was exactly the strategy in the last few months yet selling assets in this environment is not an easy one that has been the case. They have been able to sell their crown jewel. The elevator business is going to a private equity consort yum. They are apparently looking for coinvestors ....
If you look at it, it is more of a financial thing than an Oil Situation. Airlines stock go into descent. Problems for peugeot expecting to see the european car market shrink this year. Lse outperforms. Also reaffirming the final dividend and will complete the 37 billion refinitiv deal in the second half. President trump issues an executive order suspending all immigration into the United States to, quote, fight the invisible pandemic and to save american jobs. Well documecome to street. Lets get to the top stories of the today, which is energy markets. U. S. Crude turns negative for the First Time Ever. Siting the strain on storage looking at minus 2. 08 falling 30 , yesterday settling over minus 37 a barrel. That means producers would pay traders to take oil off their hands. Amid widespread lockdowns amid an output cut ....