Which is crucial for canada. Lets check on the broader markets here in the u. S. For the s p 500, continue to reach above 3000, but just a bit of weakness before the rates decision. The u. S. Dollar index not really moving. We are at 97 92 cents, fairly healthy. Off. 0 year yield on general electric, investors reacting well to this numbers to these numbers. It looks like larry culp is actually delivering. Guy cash flow very solid. Flows off today. It is the banks really doing the damage, mainly Deutsche Bank, Credit Suisse, santander, all down hard today. That is what is dragging the stoxx 600 away from the 400 line. Eurosterling a little negative right now. Tiering comes into place today for European Banks, plus the restart of that qe program. We are keeping a firm i on both of those stories. The others dry want to mention is the South African rand, absolutely pummeled. The dollar up by 2. 5 . The budget out in cape town today, having a few having a huge impact on the rand today. Vonn
After the judge turned down his bed, assange said he did not understand the proceedings and said the case is not fair because the u. S. Government has unlimited resources while he does not have easy access to his lawyers or documents he needs. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is one 00 in new york, 6 00 in london, 1 00 in hong kong. Romaine bostick in for vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and from around the world that we are following. U. K. Prime minister Boris Johnson denied a second vote on his brexit deal but there is another crucial vote tomorrow on the divorce plan. Goldman sachs dealing with an unwelcome string of insider charges. Mixing business with politics. Facebook Ceo Mark Zuckerberg privately recommending several hires to Pete Buttigiegs
If we get a currency pact, maybe we see a weaker dollar. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london to washington, this mornings top stories. We start off with china. After decades of waiting, china is setting out a timetable to remove its Foreign Ownership cap on financial firms. On the phone from hong kong is bloombergs enda curran. What does this actually mean . To wind is a roadmap they can fully take over their operation in china. Theyve been pushing for this for years. It will begin next year. Its just the latest step on chinas part to attract more foreign capital into its Financial Markets, to buy more stocks and bonds, and that is a good thing for their companies. The timing is hardly coming to dental, coming in the background is hardly coincidental, coming in the background of trade talks. It remains to be seen whether and how quickly these approvals are granted to foreign firms. Alix now i want to t
You have under armour coming in down by 1 . Founder is actually stepping aside as head of the company. Started in his grandmothers basement. Willnder armour president become the chief executive officer on january 1. Theres a huge restructuring that planck has been under over the last few years and this is really a change in strategy. Looking for distribution and longterm growth strategy. Kevin plank stepping aside after 23 years at the helm. Procter gamble beating and raising. Ups also coming in a little bit stronger here. Its earnings view as well. Crushes it on earnings and revenue. Solid numbers. Ly we were worried everything was going to be terrible. Bloombergo will be on balance of power. Time for Global Exchange where we bring you todays market moving news from all over the from london to zurich, toronto and new york. We want to kick it off in london where Orest Johnson will find out this evening whether he has any chance of getting his deal through parliament. Juncker told the E
Trickling out here. We are up by about 1 . Some of the headlines is they aboutstimates coming in . 94. They are going to add two new directors and the ceo will stay through at least 2020. They do plan that revenue was down. It was a tiny bit light versus estimate. They are adding two new directors. The integration is front and center there. The time is now for the global exchange. From london to buenos aires to washington, our voices are on the ground. Lets start in london. The eu agrees to grant a brexit delay until january 31. Lacqua is in westminster. Now what . Francine what we know is Boris Johnson once an election. He wants an election on december 12. Because of the Extension Granted it takes no deal off the table. Whether Boris Johnson gets an election is an unknown. He has various options. He cant just call an election. Either two thirds of parliament is behind the vote. That is unlikely. Thereses a bill that says will be an election december 9. We do have the opposition party,