Crashed into the rubble. A warm welcome to our to international my names you know maylon 30 minutes of news and views start now. We begin with breaking news from beirut now an intense standoff is the fella playing in the lebanese capital where theres a lot of pouring of grief and anger over tuesdays deadly explosion Security Forces have used rubber bullets and tear gas to break up crowds calling for officials to be brought to justice. But we know that in the past number of hours protesters have storm several government buildings in lebanon including the Foreign Ministry they took over the. Building and declared it headquarters for our revolution. That we are coming back to the property so for our people is building belongs to the people of. America we went to Martyrs Square to set up gallows for those who did this to our country today will hang nooses and we wont lead a single government ministers. The police started firing tear gas at us on march the square and the right has also atta
Nejra welcome to daybreak europe. Lots to discuss in terms of the market moves, but lets get to news. Im ew in at im looking at Third Quarter net. That is a beat on Third Quarter net. Thirdquarter revenue, 5. 0 3 billion euros estimate, 4. 9 9 billion. That is a beat on Third Quarter revenue. 0. 1. 211ratio rises. 7 . Thats what were looking at in terms of that. Really, what were seeing is benefited from higher revenue at the Investment Bank in the First Quarter since the ceo unveiled his new target. We saw the profit rise 8. 9 in the First Quarter since we got those new targets. To give you more context, Credit Agricole shares have been outperforming its larger peers. And coming up on bloomberg, least to the cfo. Catch that interview at 9 30 a. M. U. K. Time. More breaking news. Its guidance to the upper half of the target range. It sees for your operating profits at the high end of the 11 billion to 12 billion euro range. This is key what is coming through here. In terms of what else
Are watching in europe and the United States. The stoxx 600, really like volume today, but up near session highs. The eurodollar under pressure, so the single currency feeling the pain. The dollar goes from strength to strength. 1500, 1486. Elow maybe some positioning around what has been a fantastic run for gold. Vonnie in the u. S. , we are looking at small positives for the s p and the dow for the quarter. Today, the s p is up about 0. 25 . It could be adding to that gain for the quarter by the end of day. The best performer in the s p 500 right now is newell, up almost 5 from an upgrade to 25 a share. As you can see, we are crawling up towards that mark as suntrust says the bottom is in for newells strategy. The money coming out of treasury market. Some money coming out of the oil market as well. 50 to five dollars 55 since a barrel 55. 50 a barrel for wti. Guy a lot of anticipation around Credit Suisse this evening. Its board is apparently backing a cruciale thiame in meeting that
State of maine are suffering from props trade war canadian colleagues snap up market share. This is t. W. Business im in berlin welcome to germanys Digital Infrastructure continues to lag behind other European Countries today politicians and lobbyists will be discussing how they can go about improving its an industry summit here in berlin whats the current reality on the ground in europes leading economy lets have a closer look well its far from world class 1st coverage of high Speed Internet is still very patchy studies show that just 88 percent of households here even have access to the internet at speeds required for streaming video for example thats pretty bad for a country that prides itself and its Technological Prowess and International Ranking germany finds itself on down the list in 37th place to be exact and things dont look much better. It comes to wireless coverage that is 4 g. There are dead sports everywhere only around 77 percent of the population have continuous access
As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome to street signs. As you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0. 7 higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the Reference Point for the yuan slightly weaker than expected, but overall no more escalation in the u. S. china trade tensions and currency tensions. We have plenty of corporate earnings coming through today in europe let