Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When we look specifically at Chinese Markets themselves, we did have the csi 300 already near the fiveyear high. The csi 300 a little weaker, down by a 10th of 1 . Korean airlines coming out and saying they are going to to buy. 8 trillion yuan an airline. Raising 2. 5ng to be trillion. That is a bit of corporate breaking news. Lets get over to julia. She is at jp morgan. Thank you for joining us. What was your main takeaway . Controls glance have been maintained. Still looks like their recovery is pr
since then, the us, uk, eu, along with countries including australia, canada and japan have imposed more than the 16,500 sanctions on russia. and just last week, the us and uk imposed a tough new raft of measures. their main target has been russia s money, freezing foreign currency reserves and bank deposits. they have also banned exports of technology for making weapons, banned flights and restricted wealthy business people linked with the kremlin. russia s oil industry has also been another major target. despite the export controls, russia seems to have continued to be able to fund its war machine in ukraine. the economy has largely withstood the shock and is expected to grow by about 1 2% this year according to the international monetary fund. that s partly because it is still selling oil to countries like india and china. and because moscow has been able to import sanctioned goods by buying them through countries like georgia, belarus and kazakhstan, there are reports tha
robert wood, chief uk economist, pantheon macroeconomics. itjoins me now. no change expected today, why not? it joins me now. no change expected today, why not? good mornin: expected today, why not? good morning why expected today, why not? good morning why not? expected today, why not? good morning why not? inflation - expected today, why not? good morning why not? inflation is i morning why not? inflation is just back to the bank of england 2% target for top within that headline inflation, inflation with services, eating out, restaurants, all sorts of household services, going to out to the cinema and so on prices of these things are rising still really quickly. so yesterday we saw they were up 5.7% year on year. with that rate of increase headline inflation is not going to stay at 2% very long. at 296 very long. the next decision at 296 very long. the next decision by at 296 very long. the next decision by the at 296 very long. the next decision by the bank- at
Data points in a straily a disappointed investors. Im looking at this litmus test to see if it is a risk on risk. 166. 7 112. 67. We sit downhour, with the rbs chairman. Howard davis will talk exit and the ranking landscape. Later on, we will speak to the Deutsche Bank chief economist, david for kurtzlandau folkertzlandua. Nejra theresa may is expected to propose two simin another proposal for brexit. Reporters were told yesterday that quote, having consulted with the people of london, she wants to come back with some tests. European officials are said to be flexible over a deadline, as they appear to seem talks move on to trade. Trumpst donald decision to recognize jerusalem as israels capital has prompted condemnation from global leaders, and protest in the middle east, raising concerns raise move could new violence. It is time to officially recognize jerusalem is the capital of israel, and the u. S. Can start its process of moving its embassy to the city. Israel is aump subornation
Speaker paul ryan had to quell a revolt. From bloombergs global headquarters, miami new york. Cannot in the new york we are just past 6 00 p. M. Not a huge rally in stocks but all the major indexes in green. We have the s p, also up one third. The nasdaq gaining just over 0. 5 . The joy from the u. S. Not being spread to new zealand as they have been training for a couple hours. The kiwi dollar, little change against the greenback. We are up a couple points at the moment but it is hard to get the idea so early because we have the staggered open in australia with stocks trading in alphabetical order. The aussie dollar unchanging. It did take a bit of a pounding this week with weaker than expected gdp and trade data. If we take a look at japanese futures, trades are out of chicago very slightly higher. Nikkei futures also looking a little bit healthier. The japanese yen strengthening against the dollar. Lets get the first word news. Thank you paul. Erupted across palestinian territory in