Now out of germany. I have my screen here on the bloomberg terminal. We can see the number coming in a little bit better than expected. The business number at 94. 6, the survey was for 94. 5, and that is better than the 94. 3 that was the prior meeting. The expectations worse than expected, this is where we thought we might see the disappointment. Indeed we got it. We were looking for 92 and we got 91. 3. Course lower. This is better than the estimate of 96. 9. But bottom line is the is atations down at 90. 8 disappointing reading. Lets look at what is going on in markets, a little data check, the stoxx 600 is up 0. 2 . It has been up all morning long. We even have the dax showing gains, 0. 1 . The cac is up as well as the. Tse, 0. 2 we see the individual indexes rising. The euro falling a little bit in dollar terms. Down . 48 a barrel. Crude coming down as we see the u. N. General assembly get ready to hear Donald Trumps speech later today. The u. S. 10 year yield also coming down as
Reportfror ay, october 11th. Good evenin everyone and welcome. What at a day and what a week. On this friday, the market got a little of what its been looking for, a partial trade deal. President trump met with chinas vice premier at the white house where the two sides a founced thest phase of what they call a substantial trade deal. Investors were dbeat all about something. Anything happening. The dow jndustrial average advanced 319 points to 26816 after rising more than 500. The nasdaqasp 106 and the s p 500 rose 32. An all major indexes were higher for the week on the hope that progress was beingaden trade. Bob pisa has more on the markets response. The rally rolled on today with the dow having the best day since early june. Snapping threeweek losing streaks. Investors cheered prospect of china trade deal how much more steam does the rally have. E p moved 40 1 from the oltd highs. Does the mini deal get the markets through christmas . General consensus among traders is its not clear
Half. A lot of rain last week. I of his current deal and free to move will have an update on that. At the end of the season, but has signed a contract pictures of the damage. All of that extension until 2023. Plus the uk weather coming up just hello, youre watching afternoon live im simon mccoy. Before 230. Today at 4 also coming up sir rod stewart and as united look to close the gap borisjohnson pulls out to rivals Manchester City of a joint statement with the Prime Minister of reveals that hes been given the all clear two years and liverpool, retaining after being diagnosed his services will be luxembourg after crowds booed him. With prostate cancer. Viewed as central to that. Our people need to know what is going to happen to them in six weeks time. Frank lampard will lead chelsea in they need clarity, they need europe for the first time as manager certainty and they need stability. As the Champions League group phase begins this week. You cant hold a future hostage they play valenc
More democracy and greater openness. And welcome to. Europeans were told that the elections this year that the more democracy more transparency didnt work out that way did it but no i dont agree i think 200000000000 people have been participating in elections a very positive result the top jobs were carved up in the kind of backroom stitched up that people were told wasnt going to happen again and it did it did despite all these promises why you let the voters than not i mean 1st of all why do you speak about the backroom deal i mean it was so transparent and all the process of the names in the game i think it was very very important to the Outgoing Commission president he called it not very transparent quite an indictment from the. It wasnt its true but i dont have to agree with him on this point i think its not the best process but its the pros at this is in the treaties so it might be true that in the follow up to the election there have been some misunderstandings and also in the p
A no deal brags that we now know who Boris Johnson will blame. In berlin this is the day. The officer gives her amount of road you think up to 3 years of indecision this country has become a prisoner in this nation not even the president is above the law so those critics are wrong but in a total exoneration if you actually totally exonerate the president now the doctors the do still has the glooms does our investigation found that the russian government interfered in our election in sweeping systematic fashion that we prepare for the remote possibility the brussels refuses anything to negotiate this deserves the attention of every american. And were going to fulfill the repeated promises of tolerance to the people at the present which are not of scalping. Exculpated. For the acts that he allegedly committed and come out of the e. U. To look to the 31st new waves or buttons you could charge the president on stage with obstruction of justice after he left office yet. Also coming up tonig