Johnson forced onto the defensive as the debate turns its attention to the National Health service. Manus a very good morning to you. Definedl about the jgb the gravitational pull to the downside. Waiting on at zero, the option results to come through. Much biggera question about the stock of negative debt. Will that diminish 20. Good morning. Nejra good morning. That is a great question. It seems to be driven about what is going on globally. The prospect on the optimism of some sort of resolution to china trade. Something the move to the upside is going to be limited because where we are now is going to pull the japanese buyers back into the market. Manus absolutely. Lets look at the jgb performance. You have the 234 billion dollars stimulus coming into the market from the japanese government. Level way growth above what the market had anticipated. For the firstero time since march. Blackrock. I like a bit of dr. Copper. You know what i saw . I cant tie that together with a sub 6 grow
The risks are rounding the euro area Growth Outlook remain too dude to the downside. These risks mainly pertaining to the prolonging presence of uncertainties related to geopolitical factors the rising threat to protection is an vulnerabilities in emerging markets i was e. C. B. Present baria draggy just a short while ago at the press conference us present donald trump has been swift to respond to the e. C. Peace decision taking to his favorite medium to express himself in a tweet he said theyre trying and succeeding in depreciating the euro against the very strong a dollar hurting us exports and the fed sits and sits and sits they get paid to borrow money while we are paying interest well what are we to make of all this lets go to conrad was now a man in frankfurt and under a hang also joins us in a singapore and i hope we both have them on the screen and just a 2nd i hope they can hear me already because i would like to start with you con about there you are more rate cuts and a fres
Is recently pertaining to the prolonged presence of uncertainties related to geopolitical factors the rising threat to protection is an vulnerabilities in emerging markets. I was easy be president mario draghi just a short while ago at the press conference us present donald trump has been swift to respond to the east peace decision taking to his favorite medium to express himself in a tweet he said theyre trying and succeeding in depreciating the euro against the very strong a dollar hurting us exports and the fed sits and sits and sits they get paid to borrow money while we are paying interest well what are we to make of all this lets go to come up was now a man in frankfurt and under your hang also joins us in singapore and i hope we both have them on the screen and just a 2nd and i hope they can hear me already because i would like to start with you can there you are more rate cuts and a fresh Bond Purchasing Program the right move for eurozone economies do you think. Well the e. C.
These race mainly pertain to the prolonged person so the uncertainties related to geopolitical factors the rising threat to protection is an vulnerabilities in emerging markets. I was easy be president mario draghi just a short while ago at the press conference us President Donald Trump has been swift to respond to the e. C. Peace decision taking to his favorite medium to express himself in a tweet he said theyre trying and succeeding in depreciating the euro against the very strong dollar hurting us exports and the fed sits and sits and sits they get paid to borrow money while we are paying interest well what are we to make of all this lets go to comrade was now a man in frankfurt and under your hang also joins us in singapore and i hope we both have them on the screen and just a 2nd and i hope they can hear me already because i would like to start with you can there you are more rate cuts and a fresh Bond Purchasing Program the right move for euro zone economies do you think. Well th
Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe