Grows inchment drama washington as President Trump goes on the offensive. The u. S. President also says a trade deal with china could get done quote sooner than you think. Authorize u. S. To tariffs. And warnings from some of londons biggest names. Imperial, pearson, and ing cut guidance for the year. Good morning. Matt good morning, anna. Less than half an hour away from the european open. I am looking at treasuries after the big spike we saw yesterday. Backed up above 1. 7. Indeed, we hit 1. 74. Where coming down as investors by bonds. Buy bonds. We are also looking at risk off trade in terms of european futures. Dax,a look at where we see cac and ftse futures trade. Not a lot of movement at all. The arrows are already, but really, not a lot of movement. What are you seeing on gmm . Ic 30 year treasuries also seeing a retreat. Bit of buying in that department. Indian and indonesia does higher. China is down by. 5 , which is interesting. Have forhe picture we the fx markets. We saw a
We are getting green on the screen and european equities. Investors are focused on the trade narrative as weve heard from President Trump that a deal with china could be closer than we think. We saw u. S. Stocks jumped the most in weeks. The 10 year yield has jumped some nine basis points moving down three today. Perhaps a bid for safe haven along with risk on trade and the dollar index caught a strong bit yesterday as well. Was that to do with concerns around the impeachment inquiry . Could it been something to do with Charles Evans . The dollar is holding on to that strength in the session. Lots of dynamics to digest. Coming up among dont miss our exclusive conversations with the ceos of xo and ab inbev as well tesco, ab inbev, as well as spains Prime Minister. Boris johnson came out fighting in his first appearance back in the commons. He refused to resign or even apologize saying the Supreme Court was wrong. He challenged his opponents to trigger an election, accusing them of cowar
European equities are trading. 30 minutes until the end of the wednesday session. Stocks are falling today. Of swings and between gains and losses on the stoxx 600. Conjugating, deliberating, thinking about what the double trump election victory means. Bond yields are rising. Today after a respect yesterday from the selloff since trumps election. Statecontrolled dutch lender, shares down by 3. 8 today. It did report stronger than estimated profits in the third quarter. It also said it would cut another 1500 jobs as part of a Cost Reduction plan. It returned as a publicly traded company last year. It says the job cuts it needed to offset rising costs. Voice royce says its making progress with restructuring efforts. Says its making progress with restructuring efforts. Profit, and for Group Revenue to be marginally lower than last years 30. 7 billion. The chieft, executive, in the midst of a massive overhaul after 5 profit warnings. Rolls royce down by 1. 5 . Had the mining index which ha
Dividend goes. We will talk about that throughout the show. The earning season begins. Standard chartered kicks it all off this morning. Tells lenders will stronger if they leave europe. The brave new world of banking. He is really hitting the nail on the head. With europe so dependent on the Banking Sector what will happen . Hans this is the argument that frankfurt would benefit. He is a german. He wants to see the German Economy stronger and yet he is warning the u. K. That it will limit lose a lot of business. That was some strong business from him. They are very concerned in frankfurt. Ecb must be badly. The u. K. Of authorities are worried about u. K. Clearinghouses. Hans when they try to be more supervisory and expand their mandate that might give them a little bit of heft. Guy were going to kick this all around. We are half an hour away from the european open. Let me get the futures working come up and running. Looking through the process. Click the futures box here. A are proba
Its out of it. Well the three d space spectacular gravity towards the nominations list for the oscars. The lean years the people of lebanon on have waited for this day the trial of the four men accused of assassinating former Prime Minister would seek a re re opened on thursday. Especially when quarterback eight but the men on trial are not at the trial theyre still on the run and allegedly had ties to the shiite militant group hezbollah. Will the trial suspects prison total could be a watershed eleven on putting some resolutions will cry and that the nation has never fully recovered from the special truck in lebanon is now in session. Be specific. It may have looked like the beginning of every team trial that this one is different on several accounts its the First International tribunals to deal with the attack and the first to start proceedings without the accused in the dark tree theyre being represented by Court Appointed lawyers the attack. Capture the attention of the world its e