Economy. Eu budget faces more delays after hungary and poland double down, as the polish Prime Minister urges them to reconsider this will lead to a breakup of europe and the European Union. And President Trump moves closer to conceding the u. S. Election saying that he will leave the white house if and when the Electoral College confirms joe bidens win well, it is friday, we made to the end of the week happy thanksgiving thank you very much great to be with you on black friday and lets talk about markets and the price action were seeing on this final trading day of the week, capping off a week of solid gains the stoxx 600 and most of the european indices will ending the week about 2 higher than where we started off this is where we are for the broader european a indices as a whole, you can see the only one trading in negative territory is the ftse 100 down about and a half a percentage point. And we are getting to crunch time on brexit talks it doesnt appear like they are getting clos
We are comfortable operating resiliently through the current Interest Rate requirement. Even if the rates were to transition to a lower level, i think ing will do fine in whatever rate turns out. U. S. Feds jay powell signals whats not in the cards. It is likely the next policy move would be a hike our policy focus is what i mentioned which is how long to keep policy restrictive. Welcome to street signs. We start with novo nordisk after notching a beelat on the bottom line on the back of the 40 surge of obesity care sales. Silvia joins with us the report and reaction in the stock, silvia big reaction. Let me sum up what we heard from the Company Novo Nordisk beat expectations with the revenues for the quarter and increased guidance they are saying when it caomes t sales growth, they expect to from 19 to 27 and the operating Profit Growth expectations for the year. You expect that all sounds positive lets look at the share price performance. At the moment, we have novo nordisk shares mo
Spain. Another Significant Development in spain. Spains Constitutional Court has suspended an upcoming session of Catalan Parliament. This is designed to stop a planned declaration of independence. The court says that would be a breach of the constitution. Bear in mind, the same court said the referendum would breach the constitution and the organisers went ahead anyway. Were also seeing signs the fallout is impacting the economy. Spains fifth biggest Bank Sabadell will shift its registered domicile away from catalonia, a Company Spokesman said thursday, after threats by the regions leaders to declare independence. The catalan minister for external relations has spoken to the bbc in the last hour or so. This is what he said. That is a new attempt from the Constitutional Court, which is by the weight very politicised body, it is not newco, to impede the normal voting of the catalan institutions. It isa voting of the catalan institutions. It is a new attempt to take control of the Catala
Spreads business on the table amid rumors three private equity players are taking a bite. Good morning thank goodness its friday its been a bruising week for the spanish equity markets before that, i want to show you how the european markets are faring off a tad, 0. 1 . We are pretty cautious going into the jobs report in the u. S. That will be very, very skewed number given the hurricane effect in the month of september. European markets one by one. We see a split picture cac 40 off by 7 or 8 points. The ftse mib off by 0. 7. The xetra dax holding on close to those record highs we saw earlier this week. Obviously i want to draw your attention to whats happening with the spanish market. The ibex is off by half of a percent again after it rebounded nicely yesterday it was up by more than 2 . And obviously were focusing on the banking sector, we did see that recovery trade yesterday, but it was very fleeting yesterday we did see that relief on the backs of these Companies Moving or mulli
Expected machinery data as the nikkei hits the highest level since december 1996. And at least 17 people are dead and thousands of buildings are destroyed as a series of wildfires rage across Northern California good morning glad youre with us on this wednesday. Its the morning after we heard that speech from mr. Puigdemont in the Catalan Parliament it was a climb down. Yes, he did say the country or the region wants to go for independence, first he wants to go back to madrid and start talks. Whether that will materialize is the big question the reaction in the market is mixed. We are not seeing a huge rally on the stoxx 600 yes, were seeing a rally on the ibex 35, but its not transpiring into a much bigger risk on rally in the rest of europe were down when it comes to the ftse 100 the cac 40 lower to a quarter. Once again want to draw your attention to the ibex 35. Its up close to session highs, up by 1. 25 . This is after catalonias leader Carles Puigdemont stopped short of declaring