Master sponsor. There is just a day here in moscow youre watching International Arrest in barcelona shows no signs of dying down the moment independence demonstrations are into their 2nd week with rice is targeting police again last night amid the Violence Police vehicles with and allies to the protesters also stood outside a government building they wont madrid to open talks and say they wont back down. Everyone has become a rebel everyone catalan is together young and old people of right wing and left wing oh people are outraged were going to be out in the streets every day we have been protesting peacefully for a lot of years and no one heard us the only thing that we get from the government is beatings. Disparagement the people of have enough weve reached our breaking point where protesters also booed the spanish Prime Minister during his visit to barcelona on monday to trace sanchez spoke to injured Police Officers in hospital but refused to meet with the president of the local go
Very dangerous this is for these concerns but i also realize that the cost responsibilities. Youre watching are 2 International Coming to you live from the russian capital where its just turned 4 pm welcome to the program. Turkeys president has arrived in russias black sea resort city of sochi for talks with lot of mir putin just like the situation in syria casting a cloud over their agenda the pair seemed in high spirits when they met. Well there was all of the. Wrong people simple to be sure. Now the turkish offensive against Kurdish Forces in syria of course forms the center of their talks president obama has warned it will resume imminently if the u. S. Fails to keep its promises as a 5 day ceasefire brokered by washington and at midnight the patrol go has more from sochi. The current level of trust between the leaders of turkey and russian just how well and gets along with moscow nowadays means that at this point the president s of russia and turkey could find Common Ground on jus
Boris johnson begins efforts today to convince parliament to back his brexit deal. Lawmakers prepare for a vote tomorrow. Another aramco delay. Freeze again, just days before the planned launch. It continues to hunt for a 2 trillion valuation. And chaos. Renault slashes its forecast, putting blame on the deteriorating global economy. And a fellow french corporate lowers its outlook after weeks of poor results. Matt less than half hour away from the european open. Take a look first off on the pound. We are following cable very closely. It has been amazingly volatile, up to almost 130 yesterday all the way down to 126. 5 the day before that. Right now, we are trading at 128. 68. We will continue to watch for lines to cross from various labor, mp from various labour mps to see which direction the pound would go. Lets take a look at the futures. The equity indexes across europe. We are seeing Index Futures pointing lower. Decks futures are down 0. 4 , cac futures down 0. 3 . 0. 5 . Tures d
A lot of the focus is on the tension in hong kong and what that means for european stocks. You can see a shift to the downside. Pound is your time to figure out whether we will see a deal or not. The dup is pushing back on what was optimism in the markets. The u. S. 10 year yield is at 1. 72. To a chiefwe speak executive. They have a new way of looking at risk, dont miss that interview at 11 30. Lets get straight to first word news in new york city. Ohio, joe biden defended his son against Donald Trumps attacks and Elizabeth Warren faced criticism of her how she would pay for her vast government programs. But the Democratic Candidates reunited on one thing, the need for an impeachment inquiry into President Trump. President mounting on and kara ankara. They face sanctions and accusation of war crimes. Moscow says the operations are quote unacceptable. A former pentagon chief says that recent actions could lead to a return of the Islamic State in syria. Surprise injection caught traders
London and various european capitals on whether or not Boris Johnsons deal will fly. The lira trading lower by around a percent today. I suspect that has to do more with Interest Rates than what is potentially happening in syria. Vonnie hsbc looking to cut 10,000 jobs, dropping its french Retail Business entirely. The interim ceo looking to potentially take the reins on a permanent basis. Banks begin reporting next week. We are with mike mayo, wells fargo managing director and head of u. S. Largecap research. Not a huge amount, but still, 10,000 jobs is very substantial. Does hsbc need to rethink its strategy and potentially become a china vanke once more . Mike i think all banks globally need to rethink their strategies. A response to slow revenue growth, what do you need to do to control the bottom line . Control expenses. One way you do that is with technology. Benefit of technology at banks is in the nontechnology space, and that comes down to headcount. Youre seeing that other ban