Market. Lenltds are a go. Airbus on hier plane deliveries. Booking a charge related to its military program. Good morning, everyone. Thank goodness, its friday. Lets get straight to Economic Data points. We just got the italian june unemployment numbers. It has jumped up to 12. 7 from 12. 5 in may. Another rise. A look at youth unemployment. Thats been worrying over the last couple of year as were just emerging out of the midst of the eurozone debt crisis. Even if the Italian Economy is recovering, were not seeing that through to the labor markets. The overall jobless rate, 12. 7 . Were expecting the euro zone jobless rate. That should hold steady at just over 11 . Lets go back to earnings. Frances biggest lender by ses t asse assets, bnp paribas. Lets get out to stephane who has been speaking to the cfo. The bank posted much stronger than expected earnings in the Second Quarter. A loss of 4 billion euros last year when the bang had to pay a settlement to the u. S. Department of justic
And picture perfect one day, choking with smog the next. One of polands most beautiful cities tries to clean up its act. Houthi rebels are strengthening defenses in the yemeni capitol after suffering more losses in the south. Troops loyal to the exiled president hadi are now in the strategic city of ibb. Reporter in the early hours, fighters take their positions in the mountains. The winding roads lead to the city of ibb, an important flash point as progovernment troops advance to the north. They are backed by the saudilead coalition. In recent weeks they have made sweeping gains in the south and say they have the support of local tribesmen. Translator we say to the popular resistance, go on. The people are behind you, and victory is coming. Reporter the fighters supporting president hadi who remains in exile in saudi arabia have been able to seize control from the houthis with the help of their allice. Saudi arabia and the uae are supplying weapons, vehicles and advisors which seem to
The selloffs. Selloffs. The euro is gaining strength, gaining momentum as the dollar falls lower. The bets are off when it comes to the federal rate reserve hike. Many are feeling that lists in september will be have will have less than 30 chance. December, we are likely to see 55 chance of a rate hike, that is what the market is factoring in. People are delaying the Federal Reserve hiked because wha of wht is happening. Keep an eye on some of these emergingmarket currencies, because we are seeing the selloff continuing. The south africa is losing value against the u. S. Dollar. We are still seeing the pain in the emerging markets, and of worst, commodities the bloomberg Commodity Index number wincing in 16 years. Copper is continuing to trade lower. The lowest growth in china since 1990. Grains are selling off, metals are selling off, because oil is selling off. And this, interestingly is blended the first time below 45 per barrel since 2009. Clearly the market is worried about global
Now saying the country is willing to European Union has given the ecb president other tools to use in case of deeper prices. Druggie in the ecb did not go too far when it unveiled the Bond Buying Program in 2012. That happened right after he declared he would do whatever it would take to save the euro. Stephanie boeing has extended its lead over airbus on the second day of the paris air show. Bowling pulled in its biggest deal yet agreed to sell 100 of its 737 max jets to the dutch leasing firm. It is almost 11 billion. Boeing has a most 30 billion in sales so far which doubles airbus; total. Five people were killed when an Apartment Building balcony collapsed. Eight people were injured, and some are in critical condition. The average government says some of the young people are just some of the victims are young people from ireland. In hockey, the Chicago Blackhawks have won the third stanley cup in six years. Chicago beat tampa bay 20, winning the bestofseven series 42. Duncan keith
This is al jazeera live from doha im fully back to also ahead more trouble ahead for jacob zuma south africas Top Court Upholds a ruling to reinstate corruption charges against a president. Mothers harrowing story of how she watched myanmar soldiers throw her baby into a fire plus. A month ago a colonel wonder where mobile thirty thousand Puerto Ricans arrive to escape Hurricane Maria will be looking at how Recovery Efforts are going a reaction to president trumps latest tweets. A Turkish Military convoy has entered Northern Syria a new operation these are the latest pictures from the turkey syria border where more vehicles are waiting to cross the border turkey sending troops to providence to enforce a socalled deescalation zone its part of an agreement with turkey and iran and russia. Is at the. Border crossing on the turkey syria border. So this operation has been in preparation for a number of days now whats the latest how many turkish troops have actually crossed into syria and wh