Forecasts dont take into account that nodeal possibility. This is a key thing that mark carney is going to have to navigate. Heres been a big divergence a lot slowing rate and of people expect rate cuts. How do they forecast this . Do they make separate forecasts based on a nodeal scenario . What will it mean for the pound . Weve hit the lowest since 2017 in todays session and if mark carney does come out with a little bit more of a dovish statement in any way and that puts further pressure on the pound, that of course then could feed into inflation. So hes talked recently about the fact that he really does need to try to illustrate these market activities. Thats what the focus will be. Also of course on new growth and inflation forecasts. The key thing they said is that the uncertainty means a wide range of parts for the economy. There could be volatility during that News Conference. Lisa as we see the pound weaken, weve seen Inflation Expectations pick up. Lets throw up a chart here
, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal
Headlines today. Sue keenan follows matthew martone. It the Global Response to the crisis in ukraine. Thats coming up in a moment. Order in, restoring the ukraine. When region that threatens to spiral out of control is crimea. Saysnes acting president Russian Troops are directly involved in the growing conflict on the ground. The countrys newly appointed secretary of National Security and defense counsel. We asked him about the growing tensions with russia. Yes, i am. Im worried about it, for sure. Also, the capture of the government and crimea by units which in my opinion were sent from russia from moscow. We see a very aggressive method of carrying out politics towards ukraine. We could serve their attempts to divide ukraine or at least take crimea. With all the tension and crimea, would you call for native support across against russia for wire . Yes, for sure. Guarantee of safety in the black sea region. Of course we are sure about nato and it has already been announced that they h
Makers here in new york city. Stephanie is on assignment to date stop you today. You will see her back shortly. There is no better place to go right now than the political earthquake in washington. As you probably already know, eric cantor was shockingly defeated in virginia last night. He was one of wall streets favorite congressman, bankers and bankers and traders believed he understood what they wanted to see happen and were among his Biggest Campaign contributors. His loss has immediate implications for a range of policy issues trickle to the business community. Latest. Ok brings us the and also with us is chuck gabriel, president of alpha partners, which advises Institutional Investors on matters of policy and politics. Hill, you are on capitol every day, and if im not mistaken, you saw eric cantor there yesterday, which had to Say Something about how he felt going into this primary election in virginia. It says a lot. He was at a gop News Conference in the morning. He was taking
Cavalry Sabre (Season 2 Episode 1): Alec marks his move to America with a recreation of the Civil War-era US cavalry sabre. Forged with Steele airs on Sky History at 3:30 AM, Monday 10 June. Alec marks his move to America with a recreation of the Civil War-era US cavalry sabre