And its Rate Decision day in the uk today will we see a split in the vote to raise rates after a week of strong inflation data and falling unemployment numbers . What will it mean for rates . And from fishmonger to anti establishment media mogul well be speaking to the man behind the register website about hisjourney, and how he competes with the likes of facebook and google. And as the bank of england issues its new £10 note with jane austen on the back, we want to know, is cash still king for you . Do you still use cash . Let us know just use the hashtag bbcbizlive. A p pa re ntly apparently we have to give that £10 note note back, so no coffee on sally later. Exactly ten years ago today the bbc broke the news that high Street Lender Northern Rock had been forced to ask the bank of england for help. What happened next was an Early Warning that the Global Financial crisis was in meltdown. Those events prompted major changes in the Financial Services industry, but some say the subseq
Delay of aramcos ipo which made push to be the biggest share sail into 2019. We will ask why. China calls. Economic growth science shows signs of growth. Retail sales taking lower relative to expectations. Does the chinese economy peaked in the first half of the year . That we will be following story this morning. Also looking at european futures. Not a lot to push us around this morning so maybe we will get some impetus from the china data. We see the euro stoxx 50 futures down one third of 4 and dax futures down. 251 . If you take a look at bunds, the yield is rising so investors selling off the perceived safety of German Government debt albeit a miniscule amount there and pushing the yield up right now to 0. 41 percent. We are starting to get a little bit of a firmer picture this morning but not a lot of movement after the drop in asian stocks. Guy that is exactly what we are seeing on the gmm and the currency column telling the story. But how many are in great. A bit of movement in
Euro to much better levels. I do not think they will do anything for the time being. A very warm welcome to bloomberg daybreak europe. In flagship show, from here the city of london, i am anna edwards. And imf miller in berlin. A lot to Pay Attention to throughout the day, especially when we look at currency moves. Anna i will talk about the dollar in a moment. The big story around aramco, will it be in new york, along with riyadh . I should point out, the saudis say aramco remains on track. That big story throughout our programming. Risk on has been the story at the beginning of this week. To what extent has that unwound the dollar last week . Making something of a comeback. The u. S. Dollar Bloomberg Index shows at the bottom of the screen. Risk assetsrally in at the beginning of this week, now pausing in asia. Chinese data, all three measures coming in below estimates. All cooling, versus the last months set of data. So much to learn, whether that is the bank of england rate decisio
He was accompanied by the Vice President and first lady. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Emily im emily chang. This is Bloomberg Technology. Oracles cloud Growth Continues to soar. We will break down the numbers from the strongerthanexpected earnings scorecard. Plus, missed opportunity at equifax. The credit monitoring giant was fully aware of the Software Flaw exploited by hackers. Lawmakers are demanding answers. Apple could be on the verge of its biggest deal ever. We will break down its possible investment into toshibas chip unit. First to our lede. Oracle reported firstquarter earnings showing a surgeon cloud growth. Total a surge in cloud growth. Shares in extended trading are up just under 2 . No, half a percent, about. The Company Issued guidance of 9. 5 billion for the second quarter. Oracle is in the midst of shifting its business to t
His plans of international expansion. Christ hello and welcome to daybreak asia. Heidi, we have been following these headlines the last hour about north korea launching yet another missile. Very similar to what japan says happened on august 29th. No response from the u. S. Or china, but clearly theres got to be lots of phone calls happening in the scene. Therere getting news that are National Security council being convened with south korea and japan. The shows out and saying this is an unacceptable situation to have another missile test of of course we are waiting for beijing. We are waiting for any response from washington to claim responsibility after this kind of event. Threatening to sink japan, saying they were threatening to cast the u. S. Into ashes and darkness, all of this in response into mondays u. N. Sanctions. Tokyo. Go straight to chris, what has been the reaction of the latest in terms of the government response . Chief have had the secretary come out say the latest pub