With irelands Prime Minister, in person with sinn fein as he urged them to restore power sharing in Northern Ireland with the scottish leader of his own party in edinburgh, and finally with the voters, when the tories lost a by election in the welsh seat of brecon and radnorshire. Much of this is explained by the growing prospect that the uk will leave the European Union at the end of october without a deal on departure and without even the start of negotiations on a future trading relationship. Mrjohnson has described the prospect as vanishingly small, yet at the same time his chancellor announced an additional £2. 1 billion for no deal planning. Mixed messages, to what purpose . Mixed messages, to what purpose7m has been the most extraordinary opening week of any Prime Minister in living memory, disasters from every direction. First of all the pound fell to percent and then fell again. The bank of england came out and said there was a high chance we would be in recession next year a
Welcome to you all. Thousands of Police Officers on call up, londoners bracing for traffic gridlock, protestors blowing up their trump baby blimp and protocol officers reminding themselves to breathe. The 45th president of the United States is coming to see the queen on monday. And while the planners have gamed out every other conceivable risk, there is nothing much they can do to plan against the protocol risks presented by the man himself. Stephanie, starters. What are the risks . In addition to his interview in the sun where he was critical of theresa may and her handling of brexit, there will be another intervention of some sort, some other protocol problem with the queen. Hes coming here to push his America First agenda but really for him i think the focus is about basking in the glory of the royal family. The optics of this are great back in the us where the royal family is extremely popular. He positioned himself as an anglophile, his mother is from scotland and i think he think
If the uptick was a blip. In terms of the nikkei 225, a stronger again so it is extending a slump. The boj may exit negative rates perhaps in march especially on the back of what it did not do yesterday. It did not intervene when the topix slumped to percent. Typically it has jumped in prop up the market at 2 . It is about china and the lackluster performance of vanke causing a lot of trepidation as well as concerns in the Property Market yet again. Moodys downgrading it to junk. The yen is the one we are tracking at this point as it continues to rally. It has outdone every g10 currency this month and some say the rally is at a measured pace. Look at where we are in terms of u. S. Futures. A crucial data that we are waiting for. U. S. Futures and treasuries not doing much. S p futures up by. 3 . Cpi print front and center. Linked to the economy, here is jamie dimon warning that the u. S. Recession is not yet off the table. He says the world is pricing in a soft landing at probably 70 8
We are counting down to asias major market open. Haidi treasury features are higher as fitch cuts u. S. Credit rating citing worsening debt and deficit and an erosion of governance. Janet yellen blasts the decision saying it is based on outdated data. The white house is blaming republican extremism. A grand jury and date donald trump on the attempt to overturn the 2020 president ial election. Shery Inflation Numbers from south korea for the month of july, the headline numbers is a gain of 2. 3 year on year. Coming in low expectations by economists not to mention it is easing from the previous month. The slowdown in inflation was pretty much expected due to the comparison with elevated figures during the month last year. Month to month numbers a gain of. 1 which is again below economist expectations. We are expecting this number two perhaps push higher in the month ahead. This is after julys heavy rains could apply pressure on this number. The core cpi number which is what the back of k
A force youd cannot even imagine. And the meaning for has the line for the state of level will be devastating. And as the i, the ethics change as far with has a lot on the lovely lebanese border. Israel takes aim at a ron as well. Same quote. Theyre going to wipe you off the face of the earth. The im rachel ruble live in moscow. This is our t international. Sunday was the bloodiest dan dies since the beginning of the war, according to Palestinian Health officials, who said that idea attacks took the lives of more than 400. 00 people in less than 24 hours overnight. At least 30 people were reportedly killed by news riley r. A strike on a refugee camp in the north of the palestinian enclave. This on verified footage allegedly shows that the aftermath locals are struggling to clear the concrete and steel that is covering the victims below. A guides are based reporter brings us this latest report. The hardest, right . See not the, theres a, is there any air, sorry, reaches everywhere, and