Covid wipes out 18 a long time of French financial expansion – stay updates

3) Pet meals product sales growth at Nestle in coronavirus lockdown: The firm was boosted by a 12.5personal computer soar in profits at its Purina Petcare arm, with top quality brands brands Purina Professional Program and Purina One both of those particularly popular.

4) Common Chartered doubles down on determination to Hong Kong: The London-stated bank, together with rival HSBC, has been condemned in modern months after it broke decades of political neutrality by backing the law that criminalises anti-federal government protests in the former British colony.

5) Shell just cannot do the contango without end: A stellar overall performance by the oil giant’s buying and selling division can help salvage the harmony sheet despite writedowns of nearly $17bn

What happened overnight 

Asian stocks appeared set for a muted get started to the closing buying and selling day of the thirty day period, when earnings from know-how giants boosted US equity futures. In the US, treasuries rose and the greenback slipped.

Futures dipped in Japan and Australia, and ended up flat in Hong Kong. Apple, Amazon, Alphabet and Facebook jumped in right after-hours trading as effects defeat Wall Road estimates, lifting futures on the S&P 500 and Nasdaq 100.

Futures on the S&P 500 rose .3pc as of 11:15 am in Tokyo, whilst Nasdaq 100 futures received .9pc. The S&P 500 previously lowered .4laptop. Japan’s Topix index slipped 1.8computer. Hong Kong’s Cling Seng fell .3computer system. Shanghai Composite fluctuated. Australia’s S&P/ASX 200 Index declined 1.9computer system. Euro Stoxx 50 futures rose .2computer.

Previously in the day, American equities shut decreased as information confirmed the US economy had its sharpest contraction on record, while the selection of People in america submitting for unemployment rewards rose. President Donald Trump elevated the idea of delaying the November 3 election until soon after the coronavirus pandemic eases.

Coming up right now

Interim final results: British American Tobacco, BT, Glencore, London Stock Exchange Group, NatWest

Buying and selling statement: Paragon, Pets at Dwelling

Economics: GDP (euro)