Daily Briefing - June 1, 2020
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 1 June 2020
⏱️ 30 minutes
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| 0:00.0 | Are you ready for a Monzo Business Bank Account? |
| 0:03.3 | Heather from the Accounter's Growth Club was, |
| 0:05.3 | knowing what cash I have is really important and Monzo Business makes it easy. |
| 0:09.8 | It automatically puts 20% of my income into a tax pot. |
| 0:14.0 | When it's time to pay your VAT, I always know the money's there. |
| 0:17.0 | If you're ready for a Monzo business account, apply today. |
| 0:20.0 | Just search Monzo Business. Only sole traders or limited company directors in the UK can apply. |
| 0:25.0 | Get tax pots with Monzo Business Pro for £5 a month. |
| 0:28.1 | Te's and sees apply. It's Monday, Monday, June 1st, 2020 just after market close here in New York. This is the Real Vision Daily Briefing. |
| 0:49.0 | I'm Ash Bennington here in New York joined shortly by Ed Harrison from Washington, D.C. |
| 0:54.0 | But first, Jack Farley with market news. |
| 0:57.0 | Thanks, Ash. |
| 0:58.0 | Today, the manufacturing PMI was reported in the U.S. |
| 1:01.0 | And it came in at 39.8 just shy of expectations. |
| 1:05.0 | A PMI below 50 means that economic activity was lower than last month. |
| 1:09.0 | So this 39.8 reading indicates that U.S. manufacturing is still in contraction. |
| 1:14.5 | This, as the S&P, continues to perch comfortably above the 3,000 level. |
| 1:18.7 | Meanwhile, China's PMIs were more hopeful. |
| 1:21.5 | The manufacturing PMI coming in at 50.6, which was below expectations, |
| 1:26.3 | while its composite came in at 53.4. China was the Canary of the coal mine, |
| 1:31.2 | when the shocking drop of its PMIs in late February put the world on notice. |
| 1:36.4 | But now that its manufacturing PMI is above 50 for the third straight month, |
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