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Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers to build at least 75 million 5g iphones for later this year in a sign that demand is holding up. Just under one hour away from the start of cash trading across europe. Lets take a look at what futures are showing yesterday after we closed yesterday down across the board in europe. We are now seeing futures rise. The ftse didnt sure cash in the futures are down. Index seeing the equity closed down with trading higher. Since the ftse misse ....
Joining us for the entire hour is tobias levkovich. Welcome. Thank you is this just a bounce from oversold conditions or would you buy into the rally i think that it is more of a bounce off oversold conditions look, things like energy, financials, have come back we were so hammered in the last couple weeks the issue that you need to resolve is earnings. That will be the more problematic phenomenon and so do you feel good about what earnings could be i think that earnings are still too high for the balance of the year and beginning of next year. I think consensus numbers for next year for example are about 10 , probably should be more like 5, maybe 6. So that is the issue so doesnt feel so good the white house pushing the message that recession fears are overblown. President trump tweeting today, our economy is very strong decembspite the lack of vision the fed but democrats are trying to will the economy be bad for purposes of the 2020 election. Very slchish before our dollar is so str ....
Boris johnson becomes Prime Minister today. He has to build a cabinet and tackle brexit by the halloween deadline. Deutsche bank trading slump deepens. The cfo spoke to bloomberg this morning about the impact of low rates. We are very aware that outlook deteriorated in june. It does represent a revenue pressure for us and all of the banks if rates go down further. Anna daimler sets its sights on recovery, operating profit will improves significant leak in the second half as rival peugeot downgrades across the world. Going to talk more about the Banking Industry, german asset manager dws had a 4. 2 billion euros in inflows in the quarter. Spot forbig bright Deutsche Bank, the Parent Company. The influx is beating average analyst estimates, this quarter 2. 9 billion ....
It is awesome for whatever costume you have got going on. [ cheers and applause steve from studio 6b in Rockefeller Center in the heart of new york city, its the tonight show starring jimmy fallon. Tonight, join jimmy and his guests tracy morgan tim grover musical guest jorja smith. And featuring the legendary roots crew questlove 1862 steve and now, here he is, jimmy fallon [ cheers and applause [ cheers and applause jimmy come on i feel the love right back at you give it right back you to guys enjoy yourself welcome, everybody welcome to the tonight show youre here. [ cheers and applause im happy youre here. I love you guys, halloween is right around the corner im excited about this but listen to this, a new report found that a bunch of chocolate products contain a a concerning amount of lead and other heavy metals in response, hersheys put out a statement that said, youre supposed to take the tin foil off, you moron [ laugh ....
The farmers demonstrations around the world, coal for an end to pilot woman. Fossil fuels fridays for future says growing climate disasters being that demands even more the welcome to the program, libya is struggling to deal with these thousands of bodies being the covered in the aftermath of the devastating floods. Overwhelmed officials of registered navy, 4000 deaths, a number of its expected to rise as small bodies are found. Corpse is a washing up on the coast after being swept out to see was terrestrial, rains close to dams, to boast causing flash floods that destroys large parts of the city of data. World Health Organization has obviously been all sorts used to stop burying victims in mass graves to avert future legal and emotional problems. Meanwhile, the red cross is warning that the floods may have routed land mines and Explosives Left over from the countrys us ....