Good morning. Its friday 28th april. Im annita mcveigh. Police say theyve arrested six people following a Counter Terrorism operation in North West London, in which a woman was shot by armed officers. The female suspect, whos in her 20s, is under police guard in hospital. Officers believe theyve thwarted an active Terrorist Plot. The raid is not connected with yesterdays arrest near Downing Street of a man carrying knives. Our correspondent andy moore is in willesden at the scene for us now. Whats the latest you have on this investigation . We now have a total of six people arrested in connection with this investigation. There was a raid on the street at about 7pm yesterday and we can bring you some video filmed by a neighbour. You can see Police Officers with long barrelled guns, we understand cs gas was fired into the property, you can see today one of the windows is broken, so you can see those armed Police Officers. We can see what appears to be a woman who is brought out of the pr
And russia yesterday deciding to extend the production cuts and the iaea saying the demand outlook is slightly downgraded on lower first half estimates. Non opec increased in 600,000 barrels per day. You can see brent is up on the back of that, 52. 19. It was around 51. 7 when i looked at that. Oil is climbing a little bit more. Reminder yesterday, we found out audi plan to extend production cuts for another six months. Watch oil. We will bring you those trump headlines. That is giving a nice risk to the euro dollar, the dollar weakening for a fifth straight day. The euro is soaring amidst classified information donald trump made or may not have given to a russian diplomat. We are looking for the mexican peso strengthening and the south korean yuan strengthening. We will get more on your markets, but lets get straight to the bloomberg first word news. Reporter we start with europe. Angela merkel has vowed to work with macron. That as the german chancellor hosted the newly elected frenc
And the guy who put billions of dollars to work in shale. What does he see as a potential growth opportunity. If you are shale, you have opec doing the heavy lifting now. Totally. Jonathan you should be very happy with that. Crude does not stabilize. These are the stores this totally. Jonathan morning scores this. Eurodollar stable. Yields higher by a single basis point on the 10 year. David time for the morning brief. We will get data on the u. S. Economy. Weekly jobless claims, wholesale inventories and the advanced good trade inventories for april. Brainardrnor lael takes part in a discussion on the Global Economy in washington. Thejim bullard speaks on u. S. Economy and Monetary Policy in tokyo. At 1 00 the u. S. Treasury will sell 28 billion in sevenyear notes. Coffee. W we have opec extending production after last years agreement failed to limit the global oversupply. Said nineoil minister months is a very safe bet. We found out that nine months with the same level of production
Reserve chair janet yellen is giving us an update on the economy after a meeting of the federal open Market Committee. That is the panel that makes decisions on whether to change interest rates. You can watch that live here on cspan3 at 2 30 eastern time today. Next, more before President Trumps budget proposal. Stephen mnuchin testifies from the treasury department. Well watch as much of this before we can before live coverage of janet yellen. Ill call to order this hearing for budget and revenue proposals. Good morning and welcome to our hearing on the president s fiscal year 2018 budget and revenue proposals. I want to thank you, mr. Secretary, for agreeing to testify today on the budget. Your agency, the department of treasury, has responsibility for fostering our nations Economic Growth and ensuring fiscal stability across our financial system. Our countrys growing debt and underperforming economy should be front and center in these conversations. America is faced with a mammoth N
Reserve chair janet yellen is giving us an update on the economy after a meeting of the federal open Market Committee. That is the panel that makes decisions on whether to change interest rates. You can watch that live here on cspan3 at 2 30 eastern time today. Next, more before President Trumps budget proposal. Stephen mnuchin testifies from the treasury department. Well watch as much of this before we can before live coverage of janet yellen. Ill call to order this hearing for budget and revenue proposals. Good morning and welcome to our hearing on the president s fiscal year 2018 budget and revenue proposals. I want to thank you, mr. Secretary, for agreeing to testify today on the budget. Your agency, the department of treasury, has responsibility for fostering our nations Economic Growth and ensuring fiscal stability across our financial system. Our countrys growing debt and underperforming economy should be front and center in these conversations. America is faced with a mammoth N