Thats across Bloomberg Television and radio. Manus nejra, very good morning to you. Its daybreak europe. There is only one topic. What is going to be discussed in davos in regards to Climate Change . Theres a wonderful piece. Central banks, does this week set the table for Central Bank Policy . What will the shift in gears from the ecb really tell us about the outlook for inflation in europe . Nejra yeah, theres a fantastic piece on the uber talking about peak decade. This is something that will be talking about peak globalization, peak cars, lots of different topics where we can get some direction, not just for 2020, but the whole decade ahead. Looking forward to those conversations. Us go inside the markets. To the dollar, first of all, and this is the important part. Ch bears are back in arge. Theyre pushing short positions back to the highest levels since may, 2018. Is it the end of u. S. Exceptionalism . Do you fight back against yield differential . We have a major story were tra
Ground to a halt production of boeings 737 max planes a move that deepens the crisis at the plane maker. A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. Also in the programme a popular london street will become britains first zero emissions road, all petrol and diesel cars will be banned from the spring of 2020. Cars that breach the ban will be fined £130. We would like to know from you is it a good idea . Is zero tolerance needed to make a significant change . Tell us what you think. Just use the hashtag bbcthebriefing. Lets get started. Psychologists working with refugees and migrants on the greek island of lesbos have told the bbc they are seeing an increasing number of children self harming and attempting suicide. Theres been a spike in refugees arriving on the Aegean Islands in recent months, the vast majority are fleeing countries of conflict. Almost 18,000 people are living at the moria camp on lesbos, which was made for
Up a percentage point. We will get their earnings after the bell. Ie also finished higher chewy also finished higher. Scarlet volume was pretty light, 12 below the average. Part, market breadth was fairly negative as well. Of negative to positive. Lets dive deeper into the action with our markets reporters across the different asset classes. Abigail i would like to bring bonds into the equation. We are looking at here, in white, our treasury futures. Last six months or so, both are higher but sideways. Growth in stocks going higher at the same time. Since september, basically a downtrend for the 10 year eat treasury note. Downtrend, it could suggest that the recent choppy action we have had for stocks. This week, keep a close eye on this chart. I wanted to look at the volumes. Earlier this morning, we were looking at volume trading on the yetf, which tracks the entire index. Bond trading down 40 , relative isthe s p 500 index where it down less. Typically when the s p 500 etf, the spy,
Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some losses from yesterdays selloffs. Some renewed optimism about u. S. China trade talks. Moments ago the at nato summit in london, the president did say discussions with beijing are going well this comes a day after he said it might be better to wait until after the election to strike a deal another piece this morning is that reuters has Jared Kushner added to the negotiating team having meetings with the chinese ambassador. That would signal more people who are globalists involved. A globalist. Bu
Legislation, equivalent to 4 of gdp. Set to pricesis mammoth ipo at the top of the range and should raise more than 25 billion. We get you started with breaking news out of south korea. We have the current account surplus coming in at 7. 8 billion dollars. This would be the surplus widening from the previous month of september. Also the previous month was revised higher to 7. 7 billion. Andgoods trade surplus narrowing a little bit us the number coming in at 7. 8 billion, also down from the previous month of 8. 8 billion. Despite the fact we have a current account surplus widening this time around, we have not seen the south korean economy under pressure. Novemberports for both and october contracting more than 14 , but we also had imports plunging, doubledigit digit declines for imports in. He past two months haidi weve got breaking news when it comes to this part of the world as well. We were expecting announcements from the argument terms of how much the big tanks will have to hold