The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty big moves over the last few days. Then weve got what is going on with the chinese currency. China back today from golden week. A huge bid in terms of equities and the currency. Will the pboc squash that one . We will wait and see. Europe focusing on what is happening with the lockdown story and what is happening with the bond markets. Lisa the pandemic ongoing, leaders stepping up to contain the surge in virus cases across the continent. Bloombergs maria tadeo joins us with more. What do we know
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
Anybody about the cost of the price of oil and has no fear about future fluctuates. Im not worried about crude nor would i try to predict what the price is. This is just the beginning. Indias finance minister tells cnbc the country will grow faster than china as long as it continues to reform. I believe india has a 9 or 10 Growth Potential and 9 or 10 Growth Potential, we have to invest a lot into Rural Infrastructure. This driven by the strongest performance since 2008. Lets get to carolyn with more on that story. Good morning to you seema. It wasnt driven by the Wealth Management business but also by the Investment Bank. We know that traditionally the First Quarter seasonally is the strongest of the year. Its tough to extrapolate that to the rest of the year. We did see a beat on the underlying basis in capital. That was better than expected but lets hear from the banks cfo himself. It was a really good start for us. Solid start. Strong quarter. Were pleased to see all of our busines
Seeking interviews with top cia officers. Investigation into the investigators is going to be allencompassing like we have been telling you, it will likely now spread across continents. Pay attention to italy, Great Britain, and australia. According to the times, cia director gina haskell is instructing her agency to fully cooperate and they will. From the dirty dossier to the ramp at that spying against Trump Associates and the leaking of sensitive material to rig an election, the single biggest abuse of power scandal in american history, the truth is now being covered. The boomerang of all boomerangs of justice is in full swing and highranking former bureaucrats, they are in deep trouble tonigh tonight. Theres no stopping this train. Democrats and their friends in the media are still fixated on one issue and one only raged psychosis against the president. As we speak, once again apoplectic. This is the most amazing set up you will ever seek him a brandnew interview clip between the p