STOXX 600 benchmark traded little changed at the European open on Monday. Shares in European defense firms including Rheinmetall tumbled after a report that Germany will no longer grant new requests for aid to Ukraine as the government seeks to rein in spending. All eyes will turn to the mountains of Wyoming this week for the Federal Reserve’s Jackson Hole symposium. Fed Chair Jerome Powell will speak on Friday about the economic outlook in a keynote address at 10 a.m. ET. On the US election, Kamala Harris spent Sunday on a bus tour through the battleground state of Pennsylvania, looking to grow the coalition that rallied around her candidacy. President Biden will headline Monday’s proceedings in Chicago, kicking off a week that will see top party officials and celebrities laud the newly minted Democratic nominee.
Today’s guests: Louise Dudley, Federated Hermes; Jinny Yan, ICBC Standard Bank
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:47 – Louise Dudley, Federated Hermes
00:08:49 – Trump, Harris Prepare for Turbocharged Week of Presidential Race
00:11:26 – Tim Walz Share Doritos with Harris in Instagram Video
00:14:37 – Harris Leads Trump in Three Swing States: NYT/ Siena Poll
00:19:48 – Headlines
00:20:48 – Israel, Hamas Accuse Each Other of Imperiling a Cease-Fire Deal
00:25:38 – Jinny Yan, ICBC Standard Bank
00:31:21 – Safety at Russian-Occupied Nuclear Plant Worsens After Strike
00:33:33 – Germany to Reject New Aid Requests for Ukraine on Spending Cuts
00:39:10 – UK Property Buyers Return to Market After BOE Interest Rate Cut
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